Procurement Manager
5 days ago
**About Us**:
**Position Overview**:
**Key Responsibilities**:
- **Base Oil & Additives Procurement**:
- Manage the procurement of different grades of base oils and additives in alignment with production requirements.
- Build and maintain strong relationships with suppliers of base oils and additives.
- Negotiate contracts and pricing with suppliers to ensure cost-effective purchasing.
- Monitor market trends to anticipate price changes or supply disruptions.
- **General Procurement Duties**:
- Procure other raw materials and goods necessary for production, maintenance, and company operations.
- Manage end-to-end procurement activities, including identifying suppliers, issuing purchase orders, and monitoring delivery schedules.
- Ensure that all procured materials meet quality standards and are delivered on time.
- Collaborate with internal departments such as production, R&D, and quality assurance to understand material needs and specifications.
- **Supplier Management & Cost Control**:
- Evaluate and manage supplier performance based on quality, delivery, and cost.
- Develop strategies to reduce procurement costs and improve efficiency without compromising on quality.
- Resolve any procurement-related issues or discrepancies quickly and effectively.
- **Inventory Management & Reporting**:
- Maintain optimal inventory levels to avoid production delays.
- Prepare and present regular procurement reports to senior management.
- Track and report on procurement budgets and cost-saving initiatives.
- **Compliance & Documentation**:
- Ensure all procurement activities comply with company policies, legal requirements, and industry standards.
- Keep accurate records of all procurement transactions and contracts.
- Participate in audits and internal reviews of procurement processes.
**Qualifications & Skills**:
- **Education**: Bachelor’s degree in Supply Chain Management, Business Administration, Engineering, or a related field. A Master’s degree or professional certifications is plus
- **Experience**:
- At least 8 years of experience in procurement, preferably within the manufacturing or lubricant industry.
- Proven experience in sourcing base oils and additives is highly desirable.
- Strong negotiation skills and experience managing supplier relationships.
- **Skills**:
- In-depth knowledge of procurement processes, inventory management, and supplier management.
- Excellent communication and interpersonal skills.
- Strong analytical and problem-solving abilities.
- Proficiency in procurement software and MS Office Suite.
- Ability to work under pressure and manage multiple tasks simultaneously.
**Additional Requirements**:
- Strong understanding of the lubricant manufacturing process and the raw materials involved.
- Ability to assess quality and specifications of various chemical products.
- Familiarity with global sourcing and supply chain management.
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