Procurement Specialist
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Key skills for this role
About the Role
Procurement & Sourcing Manage sourcing of key raw materials (polyols, isocyanates, catalysts, additives, etc.). Float RFQs, conduct techno-commercial evaluations, and finalize s.
Key Skills for This Role
Responsibilities
- Manage sourcing of key raw materials (polyols, isocyanates, catalysts, additives, etc.)
- Float RFQs, conduct techno commercial evaluations, and finalize suppliers
- Negotiate pricing, contracts, and payment terms to achieve cost efficiency
- Develop and maintain a reliable and diversified supplier base
- Evaluate supplier performance on quality, delivery, and cost
- Coordinate with production and planning teams to ensure timely material availability
- Drive cost saving initiatives through negotiations and strategic sourcing
- Monitor market trends in chemical/petrochemical inputs
- Maintain optimal inventory levels in coordination with warehouse and planning teams
- Ensure adherence to procurement policies and audit requirements
Requirements
- Experience in procurement and sourcing of raw materials, preferably in chemical/petrochemical industry
- Strong negotiation and supplier management skills
- Knowledge of cost saving initiatives and strategic sourcing
- Ability to maintain optimal inventory levels
Full Job Posting
Procurement & Sourcing
- Manage sourcing of key raw materials (polyols, isocyanates, catalysts, additives, etc.).
- Float RFQs, conduct techno commercial evaluations, and finalize suppliers.
- Negotiate pricing, contracts, and payment terms to achieve cost efficiency.
Supplier Management
- Develop and maintain a reliable and diversified supplier base.
- Evaluate supplier performance on quality, delivery, and cost.
- Identify and onboard alternate vendors for critical materials.
Production & Planning
- Coordinate closely with production and planning teams to ensure timely material availability.
- Manage urgent and critical procurement requirements to avoid production disruptions.
Cost & Inventory Optimization
- Drive cost saving initiatives through negotiations and strategic sourcing.
- Monitor market trends in chemical/petrochemical inputs.
- Maintain optimal inventory levels in coordination with warehouse and planning teams.
Compliance & Documentation
- Ensure adherence to procurement policies and audit requirements.
- Maintain proper documentation for purchase orders, contracts, and supplier records.
- Any other duties, tasks, or reports assigned by the Reporting Manager from time to time.
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