▷ Only 24h Left Head of Procurement

Happy to present a leadership role with a leading speciality chemical manufacturing company in Mumbai

Head – Sourcing & Procurement (Chemical Manufacturing Industry)

Location:

Mumbai (HO)

Experience:

10 - 15 Years

Industry:

Fragrances /Food Ingredients / Specialty Ingredients / Flavors

Working days:

Monday - Friday

Reporting to:

MD & CEO/ COO

About the Role:
The Head – Sourcing & Procurement will lead the end-to-end procurement, sourcing, and supplier management processes to ensure cost-effective, timely, and compliant availability of all raw materials, packaging, consumables, and administration goods & services.
This role is pivotal in balancing

cost, quality, risk, and agility , while leveraging sourcing models such as

Re-Order Point (ROP), Make-to-Order (MTO), Make to stock (MTS) and Strategic Sourcing (Timing, Stock Piles)

to meet the organization’s production and business requirements.

Key Responsibilities:
1.

Strategic Procurement & Sourcing
Develop a

global sourcing strategy

for raw materials, specialty chemicals, solvents, catalysts, and packaging materials.
Intelligent implement procurement models:
ROP (Re-order Point):

Follow and Implement ROP levels for fast-moving and critical raw materials based on consumption patterns, lead times, and safety stock.
Make-to-Order (MTO):

Implement sourcing triggers aligned with production planning for customized products, ensuring JIT (Just-in-Time) deliveries.
Spot Buying:

For short-term, price-sensitive or urgent requirements without long-term contracts.
Stock Piles
Integrate procurement strategy with production planning, R&D, supply chain, and finance to align business needs with supplier capabilities.
Develop

multi-sourcing strategies

to reduce dependency on single vendors and mitigate geopolitical/market risks.
Monitor chemical prices and Vendor Negotiation
2. Supplier Management & Development
Identify, qualify, and onboard suppliers through rigorous due diligence including audits for quality, EHS, sustainability, and compliance.
Negotiate supply contracts, framework agreements, and long-term pricing mechanisms (hedging)
Develop

supplier performance scorecards

(on quality, delivery, cost, compliance, innovation).
Establish

Supplier Relationship Management (SRM) programs

for continuous improvement and innovation.
Encourage localization and backward integration opportunities to secure supply chain resilience.

3. Inventory & Demand Planning
Implement

scientific inventory planning tools

integrating ROP, EOQ (Economic Order Quantity), dynamic demand forecasting.
Collaborate with production, SCM, and sales to align procurement with

Make-to-Stock (MTS)

and

Make-to-Order (MTO)

production models.
Balance inventory carrying cost vs. stockout risk through optimized procurement cycles.
Monitor digital dashboards & ERP-driven alerts for ROP breach, minimum stock levels, and replenishment triggers.
Explore consignment stock models for critical raw materials.

4. Compliance, Quality & Risk Management
Domestic & international regulatory frameworks (DGFT, REACH, RoHS, Responsible Care).
EHS standards in chemical procurement, storage, and transportation.
ESG and sustainable procurement policies.
Develop

risk management frameworks :
Commodity price fluctuation hedging.
Alternate sourcing plans for critical and hazardous raw materials.
Business continuity plans for geopolitical disruptions, logistics bottlenecks, and natural calamities.
Ensure material traceability and documentation for audits, ISO standards, and regulatory inspections.
5. Technology & Process Excellence
Drive

digital procurement transformation

with ERP for automation of purchase requisitions, approvals, and vendor payments.
Standardize procurement policies and SOPs across categories (Capex, Opex, Direct, Indirect).

Qualifications & Experience:

Education:
• Bachelor’s in Chemical / Mechanical / Industrial Engineering (mandatory).
• Master’s (MBA/PGDM in Supply Chain, Operations, or Materials Management) preferred.

Experience:
• 10–15 years in procurement & sourcing, with minimum 5 years in leadership roles in chemical/manufacturing industries.
• Proven track record in

global sourcing, commodity markets, and long-term contract negotiations.
• Hands-on experience with ERP procurement modules, and supply chain digital tools.

Key Skills and Competencies:
• Drive cross-functional collaboration with Production, R&D, SCM, Quality, and Finance. Strong commercial acumen, negotiation, and vendor management skills.
Knowledge of chemical raw material markets and logistics challenges (hazardous, bulk shipments, international trade).
Familiarity with ESG, sustainable procurement, and digital transformation.