Sourcing Manager (Mumbai)

Sourcing Manager (Mumbai)

02 Nov
|
Success Partner Consultants
|
Mumbai

02 Nov

Success Partner Consultants

Mumbai

Job Description
Sourcing Manager – Polymer Procurement POSITION DESCRIPTION | PROCUREMENT & SUPPLY CHAIN Job Title: Sourcing Manager – Polymer Procurement Department: Procurement / Supply Chain Reporting To: Head – Procurement / Supply Chain Director

Experience:
8–15 Years Industry: Plastics / Polymer / Packaging / Automotive / FMCG / Manufacturing

Location:
As per business requirement 1. Job Purpose To lead strategic sourcing and procurement of polymers and plastic raw materials, ensuring competitive pricing, uninterrupted material availability, optimum inventory levels, supplier development, and effective cost management. The role will be responsible for developing sourcing strategies for key polymers, managing domestic and international suppliers, monitoring market trends, negotiating commercial terms, and driving procurement cost optimization. 2. Key Roles & Responsibilities A. Strategic Sourcing & Procurement
- Develop and implement sourcing strategies for polymer raw materials.
- Manage procurement of:
- PP (Polypropylene)
- HDPE / LDPE / LLDPE
- PVC
- PET
- ABS
- HIPS / GPPS
- Nylon / PA6 / PA66
- PC, PBT and engineering plastics
- Masterbatches, additives and fillers.
- Identify alternate sources and develop a competitive supplier base.
- Drive strategic sourcing initiatives and long-term procurement agreements.
- Ensure uninterrupted availability of materials for production requirements. B. Supplier Management & Development
- Identify, evaluate, qualify and develop domestic and international suppliers.
- Maintain relationships with polymer manufacturers, distributors, traders and importers.
- Conduct supplier performance reviews based on quality, cost, delivery and service.
- Develop alternate suppliers to reduce dependency and supply risks.
- Negotiate annual rate contracts and volume-based agreements. C. Commercial Negotiation & Cost Optimization
- Lead price negotiations with suppliers.
- Track polymer price movements and market trends.
- Benchmark procurement prices against market indices.
- Develop cost-saving initiatives through:
- Direct sourcing from manufacturers.
- Import sourcing.
- Alternate grade development.
- Supplier consolidation.
- Bulk purchasing and volume contracts.
- Material substitution and value engineering.
- Achieve annual procurement cost reduction targets. D.



Market Intelligence
- Monitor domestic and international polymer markets.
- Track crude oil, naphtha, ethylene, propylene and other feedstock price movements.
- Analyze pricing trends from sources such as ICIS, ChemOrbis, Polymerupdate and other industry platforms.
- Monitor supply-demand dynamics, plant shutdowns, imports and export trends.
- Provide periodic market intelligence and price forecasting to management. E. Import & Logistics Management
- Manage import procurement of polymers wherever commercially viable.
- Coordinate with international suppliers, indenting agents and freight forwarders.
- Evaluate landed costs, customs duties, freight and foreign exchange exposure.
- Ensure timely import documentation and material deliveries.
- Explore sourcing opportunities from Middle East, Southeast Asia, China, Europe and other relevant markets. F. Inventory & Supply Chain Management
- Coordinate with production planning, stores and quality teams.
- Ensure optimum inventory levels and avoid stock-outs or excess inventory.
- Develop procurement plans based on consumption forecasts.
- Monitor lead times, safety stocks and supplier delivery performance.
- Implement effective material planning and procurement controls. G. Team Management & MIS
- Lead and develop the polymer procurement team.
- Establish procurement KPIs and supplier performance metrics.
- Prepare monthly procurement reports covering:
- Total procurement spend.
- Polymer-wise price trends.
- Cost savings achieved.
- Supplier performance.
- Inventory levels.
- Purchase price variance.
- Market outlook and risk assessment. 3. Desired Candidate Profile
- Bachelor's degree in Engineering, Plastics Technology, Polymer Science, Chemical Engineering or related discipline.
- MBA / PG Diploma in Supply Chain or Materials Management will be an added advantage.
- 8–15 years of experience in procurement and strategic sourcing.




- Strong experience in polymer and plastic raw material procurement.
- Good understanding of domestic and international polymer markets.
- Proven expertise in supplier development, price negotiation and cost optimization.
- Knowledge of import procedures, Incoterms, customs duties and logistics.
- Robust analytical, commercial and negotiation skills.
- SAP MM / Oracle / ERP knowledge preferred. 4. Key Performance Indicators (KPIs) KPI Performance Measurement Cost Savings Annual procurement cost reduction Material Availability Production material availability Supplier Performance Quality and on-time delivery Inventory Control Inventory days and working capital Alternate Sourcing New qualified suppliers developed Price Competitiveness Purchase price vs. market benchmark Procurement Efficiency PR-to-PO cycle time Import Optimization Landed cost reduction 5. Key Stakeholder Interfaces
- Manufacturing / Production
- Quality Assurance
- R&D; / Product Development
- Finance & Accounts
- Supply Chain & Logistics
- Stores & Warehouse
- Senior Management
- Domestic and International Polymer Suppliers 6. Essential Competencies
- Strategic sourcing and category management.
- Strong commercial and contractual negotiation.
- Polymer market intelligence and price forecasting.
- Supplier relationship management.
- Cost analysis and financial acumen.
- Risk management and supply continuity.
- Leadership and team management.
- Decision-making and analytical capabilities. Recommended additional focus for this position For a manufacturing company with significant polymer consumption, I recommend making these three capabilities mandatory: 1. Polymer market intelligence: Ability to forecast PP, PE, PVC, PET and engineering polymer price movements. 2. Direct manufacturer sourcing: Strong relationships with domestic producers such as Reliance Industries, IOCL, HMEL, GAIL and other relevant polymer manufacturers, as well as international producers. 3. Strategic cost management: Ability to identify opportunities in imports, alternate grades, vendor development and price benchmarking. I can also prepare a more senior-level JD for a Head – Polymer Sourcing / Strategic Procurement, with greater emphasis on annual spend management, global sourcing, negotiation strategy and cost-saving targets.

📌 Sourcing Manager (Mumbai)
🏢 Success Partner Consultants
📍 Mumbai

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