Strategic Sourcing Manager - Plastic Resins/Paints/Coatings/Fabrication Industry

Sourcing & Procurement Management:

- Develop sourcing strategies for plastic resins, RMs, master batches, paints, inks, and fabricated parts.

- Identify, evaluate, and negotiate with suppliers to ensure cost-effectiveness, quality, and timely delivery.

- Align procurement activities with production schedules and product development needs.

Supplier Relationship Management:

- Build and maintain strong, strategic relationships with suppliers.

- Monitor and evaluate supplier performance using KPIs; initiate improvement plans when needed.

- Conduct supplier audits for quality, safety, and compliance.

Material Quality & Compliance:

- Collaborate with quality assurance to ensure all sourced materials meet technical specifications.

- Monitor market trends for risks related to pricing, availability, and supply chain disruptions.

- Ensure compliance with environmental and regulatory standards.

Cost Optimization:

-Identify cost-saving opportunities through strategic sourcing, alternate vendors, and long-term contracts.

- Optimize procurement processes without compromising quality.

Process Improvement & Innovation:

- Participate in cross-functional teams to enhance material utilization and reduce wastage.

- Recommend innovative solutions in material handling, storage, and transportation.

Reporting & Documentation:

- Maintain detailed documentation of contracts, supplier evaluations, and procurement activities.

- Prepare regular reports on procurement metrics, cost analysis, and supplier performance.

Qualifications & Skills:

- Bachelor's degree or master's with 10-15 years of experience in sourcing, particularly in plastic resins, paints, coatings, and fabrication industries.

- Proven track record in supplier development, cost negotiations, and procurement strategy.

- Strong understanding of raw materials used in plastics, paints, inks, and fabrication.

- Familiarity with SAP, ERP systems, and sustainability practices in procurement.

- Deep knowledge of procurement best practices and market trend analysis.