Procurement Specialist

Job Description Roles & Responsibilities 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 Support 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. Desired Candidate Profile Experience in a specific industry relevant to the organization, such as manufacturing, healthcare, or technology, to ensure understanding of sector-specific sourcing challenges. Functional / Technical Competencies Strong understanding of chemical/raw material sourcing (polyurethane preferred) Expertise in negotiation, vendor management, and contract handling Working knowledge of ERP systems (SAP/Oracle) and MRP planning Understanding of inventory control and supply chain processes Basic knowledge of import/export and regulatory compliance Additional Skills Strong negotiation and analytical ability Vendor relationship management Effective communication and stakeholder coordination Problem-solving and decision-making under pressure Planning and time management Employment Type Full Time Company Industry ChemicalsPetrochemicalsPolymersIndustrial Gases Department / Functional Area ProductionManufacturing Keywords SourcingVendor ManagementNegotiationVendor RelationshipsContract NegotiationCost AnalysisStrategic Sourcing Get real-time job updates only on our App