
Procurement Manager
2 days ago
Company: Natural Power Asia Pvt. Ltd.
Location: Banjara Hills, Hyderabad
Position : Procurement Manager
Experience: Years
Job Summary:
The Procurement Manager will be responsible for overseeing the entire purchasing process for the company's projects, with a strong focus on solar energy. This role is crucial for ensuring that all goods, materials, and services are acquired at the best possible cost, quality, and in a timely manner. The ideal candidate will have strong negotiation skills, a strategic mindset, and the ability to manage supplier relationships effectively.
Key Responsibilities:
- Strategic Sourcing and Planning:
- Develop and implement strategic procurement plans and strategies that align with the company's business goals and project requirements.
- Conduct market research to identify potential suppliers, evaluate their offerings, and stay updated on industry trends and pricing.
- Identify and implement opportunities for cost savings and efficiency improvements in the procurement process.
- Supplier and Vendor Management:
- Source, evaluate, and select suppliers and vendors based on quality, cost, and reliability.
- Negotiate contracts, terms, and pricing to secure the most favorable agreements.
- Build and maintain strong, long-term relationships with key suppliers and vendors.
- Monitor and evaluate supplier performance to ensure compliance with contracts and quality standards.
- Procurement Operations:
- Manage the end-to-end procurement process, from requisition to purchase order, delivery, and invoice approval.
- Collaborate with internal teams (e.g., engineering, project management, finance) to understand their needs and ensure timely material and service delivery for projects.
- Oversee the management of procurement budgets and track expenditures to ensure cost control.
- Maintain accurate records of all procurement activities, contracts, and inventory levels.
- Compliance and Risk Management:
- Ensure all procurement activities adhere to company policies, ethical standards, and legal regulations.
- Identify potential supply chain risks and develop mitigation strategies to ensure project continuity.
- Contribute to the security and sustainability of essential products and services.
- Team Leadership:
- Lead, mentor, and guide a team of procurement professionals (if applicable).
- Promote a collaborative environment and provide guidance to ensure all team members are aligned with departmental and company objectives.
Required Skills and Qualifications:
- Bachelor's degree in Business Administration, Supply Chain Management, Engineering, or a related field.
- 2-7+ years of experience in procurement, supply chain management, or a similar role, preferably within the solar, construction, or a related engineering industry.
- Proven expertise in strategic sourcing, contract negotiation, and vendor management.
- Strong analytical skills with the ability to analyze market trends, cost data, and supplier performance.
- Proficiency with ERP systems and procurement software.
- Excellent communication, negotiation, and interpersonal skills.
- A proactive, results-oriented mindset with the ability to manage multiple priorities and deadlines.
- Strong leadership and team management abilities.
- Knowledge of health, safety, and environmental regulations is a plus.
Job Type: Full-time
Pay: ₹25, ₹35,832.18 per month
Work Location: In person
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