Procurement Manager

About Marut

Marut Drones is India's leading Industrial Drone Manufacturer based in Hyderabad. Known for our powerful and innovative drones, we have developed popular models like Agricopter for precision agriculture, Hepicopter for long-range deliveries, Seed copter for afforestation, and Marut ZAP for mosquito eradication and disease prediction.

Marut Drones has been recognized with numerous prestigious awards for its innovation and contributions to various sectors. These accolades include the FICCI Award for Sustainable Agriculture, the Telangana State Industries Award 2022 for Best Startup, the NASSCOM Emerging Technology Award for Drones and AI, and the South India Business Award. These awards highlight the company's commitment to excellence, sustainability, and its transformative impact across industries.

Job Description

Marut Drones is seeking a Procurement Manager to oversee the sourcing, purchasing, and vendor management of raw materials, components, and equipment required for drone production. The role involves ensuring cost-effective procurement, maintaining quality standards, and optimizing supply chain efficiency. The Procurement Manager will play a key role in negotiating contracts, managing supplier relationships, and ensuring on-time availability of critical materials.

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

• Bachelors 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.
• 5-9 years of experience in procurement, with at least 3 years in a managerial role.
• Experience in aerospace, drone manufacturing, electronics, or automotive procurement is preferred.

Compensation

Competitive and we are open to discuss.