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Strategic Sourcing Lead

2 weeks ago

Gurgaon, Haryana, India Ester Full time US$ 1,50,000 - US$ 2,00,000 per year

Job Summary-

The Sourcing Lead - Chemical plays a critical role in driving the strategic procurement function to align with business objectives, ensuring cost-effective purchasing, supply chain resilience, and strong vendor partnerships. This position is responsible for optimizing procurement strategies, mitigating supply chain risks, and driving continuous improvement to enhance operational efficiency and long-term business sustainability. The role demands a proactive approach to market intelligence, supplier management, and cost-saving initiatives while ensuring compliance with industry best practices.

Key Responsibilities-

Develop and implement strategic sourcing initiatives for buying raw materials, like- catalysts, chemicals /petro- chemicals

Knack of Global supply demand dynamics, trends, seasonality, etc

Analyze procurement trends, market dynamics, and supplier performance to identify cost saving opportunities and optimize procurement strategies.

Establish long-term supplier relationships through structured vendor development programs and strategic alliances.

Lead negotiations with suppliers to achieve favorable pricing, terms, and risk mitigation strategies while ensuring quality and timely supply.

Collaborate with cross-functional teams including Production, Sales, and Finance to align procurement strategies with business goals and market demands.

Monitor and manage procurement KPIs such as cost savings, supplier performance, and inventory optimization.

Drive digital transformation and automation in procurement processes using SAP and other analytical tools to enhance efficiency and decision-making.

Identify and implement risk management strategies to mitigate supply disruptions and ensure business continuity.

Lead cost optimization and alternate sourcing initiatives to enhance procurement resilience and competitiveness.

Present data-driven insights and strategic procurement reports to senior leadership to facilitate informed decision-making.

Key Skills & Competencies


•       Strong strategic sourcing knowledge with expertise in supply chain management concepts (MOQ, Safety Stock, Reorder Point, etc.).


•       In-depth understanding of global sourcing trends, cost drivers, and risk mitigation strategies.


•       Expertise in price negotiation, procurement planning, Incoterms, payment terms, and commercial laws.

Qualifications

  • B. Tech in Chemical or Mechanical Engineering / MBA (preferred)
  • 15+ years of experience in procurement and supply chain management
  • Prior experience in purchasing chemicals, catalyst and bulk petro- chemicals