Head of Procurement

About Birla Carbon: Birla Carbon is the world's leading sustainable manufacturer and supplier of carbon black additives. Our global presence ensures that our carbon black is of the highest quality worldwide, delivering a consistent product wherever our customers are. Job Context: In our manufacturing process, oil serves as a fundamental raw material.

As a Global Oil Procurement Specialist, this role will play a critical role in ensuring the uninterrupted supply of high-quality oil from diverse sources across the globe. Major Challenges: Volatility in Oil Prices, Supply Chain Disruptions, Quality Assurance, Keeping abreast of evolving market trends, regulatory changes, and emerging technologies in the oil industry on a global scale, Competitive Supplier Landscape, Compliance and Regulatory Requirements.1. Strategic Sourcing

• Monitor global oil markets, industry trends, pricing fluctuations, and regulatory changes to inform procurement strategies and mitigate risks.
• Identify, evaluate, and procure various types of oils from global suppliers to meet the requirements of our manufacturing process while optimizing cost & quality.
• Identify opportunities for cost optimization & efficiency improvements within the procurement process, exploring alternative suppliers and sourcing strategies.
• Strong commercial acumen, with the ability to analyze market trends, negotiate effectively, and drive cost savings while maintaining quality standards2.

Supplier Management

• Cultivate and maintain strong relationships with suppliers, negotiating favorable terms, pricing, and contracts to ensure a reliable and efficient supply chain
• Lead negotiations with suppliers to secure competitive pricing, favorable payment terms, and contractual agreements aligned with business objectives.3.

Compliance of SOP, Statutes, Risk Management and Systems & Processes

• Ensure compliance with relevant regulations, industry standards, policies in all procurement activities
• Assess and mitigate risks associated with oil procurement, such as supply chain disruptions, geopolitical factors, and price volatility.4.

Quality Assurance

• Collaborate with quality assurance teams to ensure that procured oils meet the required standards and specifications for our manufacturing process5.

Hedging Strategy

• Develop and implement hedging strategies to manage price risks associated with oil procurement, utilizing financial derivatives, futures contracts, options, and other hedging instruments.