Job Title: Sr. Executive Purchase
Department: Supply Chain / Procurement
Reporting To: Managing Director / Director
Industry: Polymer Compounding / Plastics / Petrochemicals
Objective:
To lead procurement operations for raw materials (polymers, additives, fillers, colorants), packaging materials, and services while ensuring cost efficiency, quality compliance, and continuous supply for manufacturing operations.
Key Responsibilities
Strategic Procurement
- Develop and implement procurement strategies for Homo polymer, Co- Polymer, High Flow Homo polymer, No- Break Co-polymer, Talc, Calcium Carbonate, Glass, Anti-oxidants, additives, fillers, pigments, TIO2 and packaging materials.
- Monitor global and domestic polymer price trends of (PP, Nylon, ABS etc.).
Raw Material Sourcing
Key materials typically include:
Base Polymers
- Polypropylene (PP)
- ABS
- Nylon
- Homo Polymer
- Co Polymer
- High Flow Homo polymer
- High Flow Co polymer
- No break Co polymer
- Identify qualified suppliers.
- Ensure consistent quality and specifications.
- Maintain multi-vendor sourcing to reduce risk.
Vendor Development & Management
- Identify and on board current raw material suppliers.
- Build strategic partnerships with petrochemical companies and additive manufacturers.
- Manage supplier contracts and pricing agreements.
- Ensure supplier capacity and reliability for production demand.
Cost Control & Negotiation
- Negotiate pricing, credit terms, and delivery schedules.
- Track commodity price movements in the petrochemical market.
- Implement cost saving initiatives such as:
- Bulk buying
- Long-term contracts
- Alternative sourcing
Inventory & Supply Planning
- Coordinate with production planning team to forecast raw material demand.
- Maintain optimal inventory levels.
- Avoid stockouts and overstocking.
- Implement ERP-based inventory monitoring.