Head of Procurement

3 days ago


Mumbai, Maharashtra, India SearchLight HR Full time ₹ 12,00,000 - ₹ 36,00,000 per year

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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