Procurement Manager
4 weeks ago
We are seeking an experienced Sourcing/Procurement Manager specializing in Lubricant Additives to join our team. This senior-level role requires deep expertise in sourcing, procurement, and vendor management within the lubricant additives industry. The ideal candidate will have a solid network of suppliers, exceptional negotiation skills, and a strategic mindset to drive cost efficiency without compromising quality.
Key Responsibilities:
- Lead the sourcing and procurement of lubricant additives, chemicals, and raw materials, ensuring optimal supply chain efficiency.
- Develop and manage relationships with key suppliers, negotiating terms for quality, pricing, and delivery.
- Conduct market research and analysis to identify trends, cost-saving opportunities, and new potential suppliers.
- Collaborate closely with internal teams (R&D, Production, and Quality Control) to ensure materials meet technical specifications.
- Implement cost reduction strategies while maintaining high-quality standards.
- Monitor and manage inventory levels to avoid stockouts and excess inventory.
- Ensure compliance with industry regulations and sustainability initiatives.
- Track and report on key performance metrics related to sourcing and procurement.
Required Qualification & Skill Requirements :
- 5-10 years of relevant experience in Global direct sourcing/procurement within the lubricant additives or related industries.
- Proven expertise in vendor management and contract negotiations.
- Strong understanding of market trends in lubricants additives
- Excellent communication and negotiation skills.
- Ability to work in a fast-paced environment and manage multiple priorities.
- Candidates must reside in or near Wagle Estate, Thane.
- BE/B. Tech in Chemical Engineering and preferred with MBA from Tier-1 institute in Supply Chain Management or Material Management
- Knowledge of ERP system & MS Office (Preferred to have Excellent skills in MS Excel).
- Knowledge Microsoft Dynamics
- Willing to travel globally
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