06 Aug
|
Phiedge Talent Enhancers
|
Mumbai
06 Aug
Phiedge Talent Enhancers
Mumbai
Role & responsibilities
We are looking for a Purchase Head to manage raw material procurement, cost optimization, and supplier consolidation in the Rubber & Plastic manufacturing industry. The ideal candidate will be responsible for ensuring timely procurement, cost savings, and maintaining inventory norms while driving LEAN procurement initiatives
1. Procurement & Inventory Management:
- Ensure raw material procurement as per budget and on time, preventing excess stock or stockouts.
- Define and maintain inventory norms with Min-Max levels for all plants to optimize material flow.
2. Cost Optimization & Supplier Management:
- Achieve cost savings as per budget through better market buying strategies, including:
- Alternative sourcing (new suppliers, countries, trade agreements).
- Alternative materials (near prime, direct sourcing, price negotiation).
- Turnover discounts & year-on-year cost reductions.
- Supplier consolidation & rationalization (RM, packaging, transport, consumables
3. Budget Control & Expense Monitoring:
- Ensure Capex control as per budget.
- Monitor and control packing & consumables expenses as per budget.
- Maintain repair & maintenance expenses within budget.
4.
Market Intelligence & Reporting:
- Monitor and report raw material price trends against external material boards for informed decision-making.
5. LEAN Procurement & Data-Driven Initiatives:
- Lead UDAAN - LEAN PROCUREMENT Project, ensuring Plan vs Actual performance tracking for continuous improvement.
Preferred candidate profile
Key Skills & Competencies:
- Solid expertise in procurement strategies, supplier negotiations, and cost optimization.
- Knowledge of inventory management, budgeting, and financial controls.
- Proficiency in market research, sourcing strategies, and price trend analysis.
- Experience in LEAN procurement methodologies and data-based decision-making.
- Excellent problem-solving, analytical, and negotiation skills.
Qualifications & Experience:
- Bachelor's/Masters degree in Supply Chain Management, Procurement, or a related field.
- Minimum 8-12 years of experience in procurement, preferably in the Rubber/Plastic manufacturing industry.
- Proven track record in cost-saving initiatives, supplier consolidation, and inventory optimization.
📌 Purchase Head - Plastics & Rubber (Mumbai)
🏢 Phiedge Talent Enhancers
📍 Mumbai