Nandan Petrochem - Strategic Sourcing Role

Role Purpose:

- Source strategic Global supply partners, develop and implement improved strategic sourcing policies.

- Strong understanding of Imports and able to read and interpret data from ICIS, Argus, Platts etc.

- Creating cost estimates and forecasts, negotiating cost-effective contracts with key suppliers translating to higher profit margins and competitive advantage.

Key Responsibilities:

- Monitor and forecast Oil, chemical and raw materials market trends in the domestic and global commodity marketplace and their impact.

- Evaluating Import sourcing procedures and presenting improvement strategies to senior management for approval.

- Analyzing and calculating Import procurement costs and developing cost reduction strategies.

- Driving purchasing decisions based on cost and scenario analysis, as well as market trends.

- Negotiating contracts with key suppliers, including costs and terms of supply, service, and quality.

- Collaborating with the procurement department to identify and pursue new supplier opportunities.

- Conducting market research, as well as creating cost estimates and forecasts.

- Estimating risks and applying risk minimizing techniques, as well as negotiating contracts that comply with industry regulations.

- Maintaining strategic sourcing relationships and developing strong partnerships.

Functional Skills:

- Superb leadership and communication skills.

- Advanced ability to collaborate and negotiate.

- Excellent organizational and time management skills.

- Exceptional analytical and strategic thinking abilities.

- Willingness to travel to develop, promote, and maintain strategic sourcing relationships.