Key Requirement:

We are looking for a Master of Raw Material Sourcing who can independently build sourcing strategies, identify the best domestic and global sources, negotiate aggressively and ensure cost competitiveness and uninterrupted supply.

Company:

Listed and Leading Company of the Paint Industry

Position:

Head - Raw Materials

Location:

Mumbai

Experience:

18+ Years

Function:

Procurement / Strategic Sourcing / Supply Chain

Industry:

Paint Industry or Construction Chemical Industry Only

Ideal Candidate:

- 18+ years of strong experience in Raw Material Procurement / Strategic Sourcing.

- Proven track record of sourcing domestically as well as internationally.

- Must be a strong negotiator and market-savvy sourcing professional with deep understanding of commodity markets.

- Experience in managing high-value raw material categories, strategic suppliers and large procurement spends.

- Strong leadership capability with exposure to senior management / CXO-level negotiations and decision-making.

Role Purpose:

- Lead the end-to-end sourcing strategy for critical raw materials from domestic and international markets.

- Build a competitive, reliable and globally diversified supplier base.

- Drive cost optimization, strategic sourcing, supply security and long-term supplier partnerships.

Key Responsibilities:

1. Domestic and International Sourcing:

- Lead sourcing of key raw materials from India and international markets.

- Identify and develop global suppliers, manufacturers and alternate sources.

- Evaluate suppliers on cost, quality, capacity, technology, delivery and financial strength.

- Develop dual/multi-sourcing strategies for critical materials.

2. Cost and Commercial Management:

- Lead price negotiations, annual rate contracts and long-term supply agreements.

- Develop commodity-wise should-cost / cost benchmarking models.

- Track global commodity prices, indices, FX movements, freight and duties.

- Drive year-on-year procurement savings and cost reduction.

- Evaluate Total Cost of Ownership (TCO) and landed-cost competitiveness.

3. Raw Material Market Intelligence:

- Monitor global commodity trends, supply-demand, pricing and geopolitical risks.

- Develop sourcing strategies based on market forecasts and consumption patterns.

- Analyse steel / metals / alloys / industrial raw material markets, as applicable.

- Identify opportunities for direct imports, strategic stocking and alternate materials/suppliers.

4. Import and International Procurement:

- Manage international sourcing including RFQ, commercial negotiations, Incoterms, freight, insurance, customs duties and landed cost.

- Coordinate with Finance, Logistics, Quality and Legal teams for international procurement.

- Evaluate FOB/CIF/CFR/EXW commercial structures and optimize sourcing economics.

5. Supplier Development and Governance:

- Build strategic relationships with key domestic and global suppliers.

- Establish supplier performance metrics covering Quality, Cost, Delivery, Capacity and Responsiveness.

- Conduct supplier audits/development programs with Quality and Technical teams.

- Manage supplier risks, shortages, claims and commercial escalations.

6. Supply Security and Planning:

- Ensure uninterrupted availability of critical raw materials.

- Work closely with Planning, Manufacturing, Engineering, Quality, Finance and Logistics.

- Develop strategies for lead-time reduction, inventory optimization and working-capital improvement.

- Establish contingency plans for supply disruptions and volatile commodities.

7. Leadership Expectations:

- Lead and mentor the Raw Material / Strategic Sourcing team.

- Develop annual sourcing budgets, category strategies and procurement KPIs.

- Present cost, savings, market trends, supplier risks and sourcing strategies to senior management.

- Lead strategic negotiations with large domestic and international suppliers.