Procurement Manager

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.