Job Title- Procurement Manager Experience- 8+ years

Location- Hyderabad

Key Responsibilities

Procurement Strategy & Planning:

- Develop and implement procurement strategies aligned with production and business goals.

- Identify and evaluate reliable suppliers for raw materials, electronics, mechanical parts, and packaging materials.

- Ensure cost-effective purchasing while maintaining high-quality standards.

Supplier & Vendor Management:

- Build and maintain strong relationships with vendors, suppliers, and manufacturers.

- Negotiate pricing, contracts, and delivery terms to secure the best deals.

- Regularly evaluate vendor performance, quality compliance, and service levels.

Purchase Order Management:

- Raise, track, and manage purchase orders (POs) to ensure timely procurement.

- Ensure proper documentation and approvals for all purchases.

- Coordinate with finance and accounts for vendor payments and reconciliations.

Inventory & Supply Chain Coordination:

- Monitor inventory levels and maintain optimum stock levels to prevent shortages.

- Work closely with production and warehouse teams to align procurement with manufacturing schedules.

- Implement Just-in-Time (JIT) purchasing to optimize inventory costs.

Cost Control & Budgeting:

- Analyze cost structures and procurement expenses to optimize spending.

- Identify cost-saving opportunities through supplier negotiations and process improvements.

- Maintain procurement budgets and track expenditures.

Compliance & Quality Assurance:

- Ensure all procured materials meet quality, regulatory, and industry standards.

- Collaborate with quality control teams to inspect and approve incoming materials.

- Stay updated with import/export regulations, taxes, and compliance policies.

Process Optimization & Reporting:

- Develop and maintain procurement reports, purchase logs, and supplier databases.

- Analyze market trends, material price fluctuations, and supply chain risks.

- Implement ERP-based procurement systems for better efficiency.

Knowledge and skill required

- Strong negotiation and contract management skills to handle supplier agreements.

- In-depth knowledge of procurement processes, supply chain management, and vendor relations.

- Understanding of industrial drones, electronics, mechanical parts, and raw material sourcing is a plus.

- Proficiency in ERP systems, procurement software, and inventory management tools.

- Strong problem-solving and analytical skills to optimize cost and delivery efficiency.

Ability to handle multiple suppliers and manage procurement in a fast-paced environment.

Qualifications

- Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or a related field.

- MBA or PG Diploma in Procurement, Logistics, or Supply Chain Management is preferred.

- 8-12 years of experience in procurement, with at least 3-5 years in a managerial role.

- Experience in aerospace, drone manufacturing, electronics, or automotive procurement is preferred