Procurement Manager

SNF; Visakhapatnam; On-site; INR 700,000 - 1,200,000; Full time

Job summary

SNF is seeking a Procurement Manager with a chemical background to oversee and optimize procurement of chemical raw materials and supplies. The role focuses on cost-efficient supply chain management, market trend monitoring, and ensuring high-quality standards across suppliers and processes.

The candidate will lead strategic sourcing, negotiate contracts, monitor costs, and implement continuous improvements while staying compliant with industry regulations and collaborating with cross-functional

Qualifications

• Bachelor's or higher in a chemical discipline or SCM.
• Experience in procurement within manufacturing, preferably chemicals.
• Strong knowledge of chemical industry trends and regulations.
• Excellent negotiation and contract management skills.
• Analytical and problem-solving abilities.
• Effective communication and interpersonal skills.
• Familiarity with ERP systems and procurement tools.

Responsibilities

• Develop and implement strategic sourcing for chemical raw materials and supplies.
• Identify and evaluate suppliers, negotiate contracts, and build long-term relationships.
• Stay informed on market trends, price fluctuations, and regulatory changes.
• Conduct regular market analysis to forecast cost changes and adjust strategies.
• Collaborate with suppliers to ensure quality and delivery schedules.
• Monitor procurement costs and identify cost reduction opportunities.
• Identify and mitigate supply chain risks with contingency plans.
• Ensure compliance with regulations and industry standards.
• Align procurement with production requirements and collaborate cross-functionally.
• Drive continuous improvement and adoption of new procurement technologies.

Skills

Procurement leadership

Negotiation

Analytical thinking

Communication

Education

Bachelor's degree in chemical engineering

B.Sc.

Supply Chain Management certification

Tools

ERP systems

Procurement tools

Job description

Role & responsibilities

Job Summary: As a Procurement Manager in the manufacturing industry with a chemical background, you will be responsible for overseeing and optimizing the procurement processes related to chemical raw materials and supplies. The ideal candidate will possess a strong understanding of the chemical industry, along with the ability to stay informed about market trends and updates. The primary objective is to ensure a streamlined and cost-effective supply chain while maintaining high-quality standards.

Key Responsibilities:

1. Strategic Sourcing:

• Develop and implement strategic sourcing strategies for chemical raw materials and supplies.
• Identify and evaluate potential suppliers, negotiate contracts, and establish long-term relationships.

2. Market Analysis:

• Stay abreast of market trends, price fluctuations, and regulatory changes.
• Conduct regular market analysis to anticipate cost changes and adjust strategies.

3. Supplier Management:

• Collaborate with suppliers to ensure compliance with quality standards and delivery schedules.
• Evaluate supplier performance and implement improvements.

4. Cost Management:

• Monitor procurement costs and identify cost reduction opportunities.
• Implement cost tracking and reporting mechanisms.

5. Risk Management:

• Identify and assess supply chain risks and develop contingency plans.
• Stay informed about geopolitical and economic factors affecting procurement.

6. Compliance:

• Ensure adherence to regulations and industry standards.
• Work with legal teams to manage contracts and mitigate risks.

7. Collaboration:

• Work with cross-functional teams to optimize supply chain processes.
• Align procurement strategies with production requirements.

8. Continuous Improvement:

• Implement initiatives to improve procurement efficiency.
• Stay updated on emerging technologies and best practices.

Qualifications and Skills:

• Bachelors degree in chemical engineering, B.Sc., Supply Chain Management, etc.
• Proven experience in procurement in manufacturing (chemical raw materials preferred).
• Strong knowledge of chemical industry trends and regulations.
• Excellent negotiation and contract management skills.
• Strong analytical and problem-solving abilities.
• Effective communication and interpersonal skills.
• Familiarity with ERP systems and procurement tools.

This role requires a proactive and strategic thinker capable of managing procurement complexities in a manufacturing environment.