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Head of Procurement

Head of Procurement

SearchLight HRMumbai, Maharashtra, India
2 days ago
Job description

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 : 10 - 15 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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    Head Of Procurement • Mumbai, Maharashtra, India

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