Job Summary

Job Title: Procurement Manager

Role Overview
We are seeking an experienced and strategic Procurement Manager to lead our procurement operations. This role involves managing sourcing, vendor relationships, cost optimization, and ensuring timely availability of materials and services. The ideal candidate will have strong negotiation skills, leadership abilities, and a deep understanding of supply chain processes to drive efficiency and cost-effective procurement.

Key Responsibilities

- Procurement Strategy Planning
Develop and implement procurement strategies aligned with organizational goals
Identify cost-saving opportunities and improve procurement efficiency
Plan and forecast material requirements in coordination with internal departments
Monitor market trends and adjust procurement strategies accordingly
- Vendor Management Negotiation
Identify, evaluate, and onboard reliable suppliers and vendors
Lead price negotiations, contract finalization, and agreement management
Build and maintain long-term relationships with key vendors
Conduct regular vendor performance evaluations and resolve issues
- Purchase Operations Coordination
Oversee the end-to-end procurement process from requisition to delivery
Ensure timely issuance of purchase orders and follow-ups with suppliers
Coordinate with inventory, production, and finance teams for smooth operations
Monitor order status and ensure timely delivery of materials and services
- Cost Control Inventory Management
Analyze procurement data to control costs and improve margins
Ensure optimal inventory levels to avoid shortages or overstocking
Recommend alternative sourcing strategies for cost and quality improvement




Implement best practices for productive procurement and inventory control
- Compliance Documentation
Ensure adherence to company policies and procurement regulations
Maintain accurate records of contracts, purchase orders, and vendor details
Support internal and external audits related to procurement activities
Ensure proper documentation and reporting in ERP systems
- Team Leadership Reporting
Lead and guide the procurement team to achieve departmental goals
Assign tasks, monitor performance, and provide training when required
Prepare reports on procurement performance, cost savings, and vendor analysis
Collaborate with senior management for strategic decision-making

Preferred Skills Qualifications

- Proven experience in procurement or supply chain management, preferably in a managerial role
- Strong negotiation, leadership, and decision-making skills
- In-depth knowledge of procurement processes, vendor management, and cost analysis
- Familiarity with ERP systems (SAP, Oracle, Tally)
- Excellent communication and analytical skills
- Ability to work under pressure and manage multiple priorities
- Bachelor s degree in Business Administration, Supply Chain Management, or related field
- Professional certifications (CIPS, CSCP) are an added advantage

Tools Platforms

- ERP Systems (SAP, Oracle, Tally)
- Microsoft Office Suite (Excel, Word, Outlook)
- Procurement and vendor management tools

Job Details

- Location: Hyderabad
- Type: Full Time
- Experience Required: 1.0 - 3.0 Years

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 MANAGER - PROCUREMENT (Hyderabad)
🏢 Genesis Poweronics
📍 Hyderabad