Job Summary
Suprabha Protective Products Pvt. Ltd. is seeking an experienced Polymer Procurement Manager to lead the procurement of polymer raw materials for its manufacturing operations. The ideal candidate will have extensive experience in sourcing polymers, supplier development, commercial negotiations, inventory planning, and procurement strategy. The role requires close coordination with Production, Planning, Quality, Operations, and Stores to ensure uninterrupted material availability at optimum cost while maintaining quality standards.
Key Responsibilities
- Procure polymer raw materials such as PP, HDPE, LDPE, LLDPE, PET, Masterbatch, Additives, Reprocessed Materials, and other packaging-related raw materials.
- Develop and execute procurement strategies to achieve cost optimization without compromising quality and delivery.
- Identify, evaluate, develop, and manage domestic and international suppliers.
- Conduct commercial negotiations for pricing, payment terms, delivery schedules, and annual rate contracts.
- Monitor polymer market trends, crude oil price movements, price fluctuations, and industry developments to support purchasing decisions.
- Coordinate with Production Planning to ensure uninterrupted availability of raw materials.
- Maintain optimum inventory levels while minimizing carrying costs.
- Prepare procurement plans based on sales forecasts and production requirements.
- Work closely with Quality Assurance for supplier qualification, material approvals, and corrective actions.
- Handle vendor performance evaluations and implement supplier improvement initiatives.
- Ensure timely release and follow-up of Purchase Orders.
- Monitor supplier deliveries and resolve supply chain disruptions.
- Develop alternate vendors to reduce procurement risks.
- Ensure compliance with company procurement policies, ISO standards, and statutory requirements.
- Prepare MIS reports related to procurement, inventory, savings, and vendor performance.
- Support cost reduction and value engineering initiatives through strategic sourcing.
Core KPIs but not limited to below:
· Annual material cost savings achieved
· Procurement spends under strategic contracts
· On-time material availability at least market pricing
· Supplier performance score
· RM Inventory Reduction
· Vendor diversification index
· Import sourcing to add benefits
· Monthly Procurement forecast accuracy for Finance
· Import Compliance
· High Seas Procurement
· Risk Management
Required Skills
- Strong knowledge of polymer and petrochemical markets.
- Expertise in procurement planning and strategic sourcing.
- Excellent commercial negotiation skills.
- Vendor development and supplier relationship management.
- Inventory control and material planning.
- Cost analysis and budgeting.
- Knowledge of import procurement and logistics.
- Strong analytical and problem-solving abilities.
- Proficiency in ERP systems (SAP).
- Advanced Microsoft Excel and reporting skills.
- Effective communication and stakeholder management.
Compensation
Compensation will be commensurate with the candidate's qualifications, experience, and current industry standards.
Pay: ₹90,000.00 - ₹100,000.00 per month
Benefits:
- Health insurance
- Provident Fund
Work Location: In person
