Job Title: Procurement Manager
- Manufacturing Industry (Chemical Background) Job Summary: As a Procurement Manager in the manufacturing industry with a chemical background, will be responsible for overseeing and optimizing the procurement processes related to chemical raw materials and supplies. The ideal candidate will possess a robust understanding of the chemical industry, along with the ability to stay informed about market trends and updates. The primary objective is to ensure a streamlined and cost-effective supply chain while maintaining high-quality standards.
Key Responsibilities
• Strategic Sourcing:
• Develop and implement strategic sourcing strategies for chemical raw materials and supplies.
• Identify and evaluate potential suppliers, negotiate contracts, and establish long-term relationships to ensure a stable and cost-effective supply chain.
• Market Analysis:
• Stay abreast of market trends, price fluctuations, and regulatory changes in the chemical industry.
• Conduct regular market analysis to anticipate changes in the cost of raw materials and adjust procurement strategies accordingly.
• Supplier Management:
• Collaborate with existing suppliers to ensure compliance with quality standards and delivery schedules.
• Evaluate supplier performance regularly and implement improvement plans as necessary.
• Cost Management:
• Monitor and control procurement costs, identifying opportunities for cost reduction without compromising quality.
• Implement effective cost tracking and reporting mechanisms.
• Risk Management:
• Identify and assess risks in the supply chain,
and develop contingency plans to mitigate potential disruptions.
• Stay informed about geopolitical, economic, and industry-specific factors that may impact the procurement process.
• Compliance:
• Ensure procurement activities adhere to relevant regulations and industry standards.
• Collaborate with legal and compliance teams to manage contractual agreements and mitigate legal risks.
• Collaboration:
• Work closely with cross-functional teams, including production, quality control, and logistics, to optimize the overall supply chain process.
• Collaborate with internal stakeholders to understand production requirements and align procurement strategies accordingly.
• Continuous Improvement:
• Implement continuous improvement initiatives to enhance efficiency and effectiveness in the procurement process.
• Stay informed about emerging technologies and best practices in procurement and supply chain management. Qualifications and
Skills:
• Bachelor's degree in a relevant field (Chemical Engineering, B SC, Supply Chain Management, etc.).
• Proven experience in procurement, preferably in a manufacturing setting with a focus on chemical raw materials.
• In-depth knowledge of the chemical industry, market trends, and regulatory requirements.
• Strong negotiation and contract management skills.
• Excellent analytical and problem-solving abilities.
• Effective communication and interpersonal skills.
• Familiarity with ERP systems and procurement tools. This role requires a proactive and strategic thinker who can navigate the complexities of the chemical industry while optimizing the procurement process for the manufacturing facility.
📌 Procurement Manager (Visakhapatnam)
🏢 SNF India
📍 Visakhapatnam
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