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 strong 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:
1. 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.
1. 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.
1. 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.
1. Cost Management:
- Monitor and control procurement costs, identifying opportunities for cost reduction without compromising quality.
- Implement effective cost tracking and reporting mechanisms.
1. 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.
1. 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.
1. 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.
1. 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.
- Solid 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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