Strategic Procurement/New Product Development

Role: Strategic Procurement/New Product Development
Industry Type & Background: M.Sc. Chemistry/Chemical Engineer/MBA
Department: Business Development-Sourcing
Experience: Min 3 - 5 years Relevant Experience
Employment Type: Full Time, Permanent
Package: As per Experience


Responsibilities:

  • Understanding of international business in specialty chemicals & Sourcing of chemicals from China, Korea, Taiwan, India.
  • Developing new suppliers from Asian Origin countries that is India, China, Korea, Taiwan & Japan.
  • Providing Information such as product price, supplier name, and quantity to Purchase manager to issue PO according to w.r.t Terms and conditions in consent of CEO.
  • All negotiations related to price (No of free days) to be done at the time of purchase only.
  • Developing new products from Asia to be introduced to Europe and African regions.
  • Weekly activity Reporting for status of Open supply orders, Open Enquiries.
  • Providing Real time Inventory List to sales team to promote business -two times a week.
  • Expansion of Supplier Network on Social media platforms.
  • Attending Events and Exhibitions to expand the reach with Suppliers.
  • While deciding any purchase coordinate with Purchase logistics Manager about the terms and conditions available, or needed from supplier like - like free days period, Demurrage per day, DTHC charges etc.
  • Keep track of purchases viz. Frequent communication within the team about ETD ETA of all purchases and tank owner name, demurrage, free days and empty drops.
  • Competitive Price Negotiation & recommendation of quotes & keep history.

Key Result Area or Key Responsibility Area :

  • Develop and implement procurement strategies, policies and procedures to improve the efficiency and effectiveness of the procurement function/Business Growth.
  • Conduct industry mapping and identify new suppliers/vendors to meet the company's procurement needs through reliable suppliers.
  • Develop and maintain relationships with key vendors and negotiate contracts to ensure favourable terms and conditions.
  • Manage and mentor the purchase team and develop their skills and capabilities.
  • Monitor and report procurement performance to the CEO and sales Team.
  • Identify and implement cost-saving initiatives to reduce procurement spend without compromising quality.
  • Drive automation initiatives in the procurement function.
  • Ensure compliance with all relevant laws, regulations, and company policies.

Educational Details

Bachelor's or Master's degree in a relevant field such as commerce, accounting, or a related field.

Timings 9:00 -10:30 AM to 6:00-7.30 PM (9-hours workday).
International exposure.
Gratuity
Company holidays, personal days, Work Life Balance/Inclusive.

For more info Kindly Visit https://www.bloomchemag.com/