Manager - Procurement

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