
Head of Procurement
3 days ago
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:
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.
-
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