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15-20 years
Novopor - Senior Manager/Assistant General Manager - Sourcing (15-20 yrs)
Novopor Advanced Science
posted 1 week ago
Job Title: Senior Manager / AGM - Sourcing
Role Objective: Responsible for ensuring timely availability of high-quality raw materials at competitive prices, while managing supplier relationships and optimizing the procurement process to support the company's production needs.
Job Description: Sourcing and Procurement:
- Identifying, evaluating, and selecting reliable suppliers for raw materials in areas of specialty/fine/Agro/polymer chemical.
- Negotiating contracts and securing favorable terms with suppliers.
- Ensuring timely delivery and adherence to quality standards.
- Developing and implementing procurement strategies that align with the company's business goals.
Cost Management:
- Analyzing and managing raw material costs to optimize the company's budget.
- Identifying opportunities for cost reduction and improvement including negotiating better prices, terms and payment conditions.
- Monitoring and controlling procurement expenses.
Supplier Relationship Management:
- Building and maintaining strong relationships with suppliers, ensuring timely delivery, quality and adherence to contractual agreements.
- Regularly evaluating supplier performance and identifying areas for improvement.
- Addressing any issues or concerns that may arise with suppliers.
Supply Chain Management:
- Ensuring the smooth and efficient flow of raw materials into the production process.
- Developing contingency plans to mitigate potential disruptions in the supply chain.
Procurement Process:
- To develop and implement Standard Operating Procedures (SOPs) and a procurement process matrixto ensure efficient, cost-effective and compliant procurement process.
Manage Risks and Ensure Compliance:
- Risk Assessment: Identify and assess potential risks in the raw material supply chain, such as price volatility, supply disruptions and regulatory changes.
- Risk Mitigation: Propose strategies to mitigate identified risks, such as diversifying suppliers, building buffer stocks and hedging against price fluctuations.
- Compliance: Ensure that all procurement activities comply with relevant laws, regulations and company policies.
Cross-Functional Collaboration:
- Stakeholder Engagement: Work closely with internal stakeholders, such as production, business development and finance and ensure alignment with procurement activities.
Market Intelligence & Reporting:
- Continuously monitor and analyze raw material markets, including price fluctuations, supply availability and emerging trends.
- Identify potential threats and opportunities related to raw material procurement based on market intelligence.
- Generate reports and analyses data related to procurement activities to support decision-making.
- Highlight key performance indicators (KPIs): Present data on procurement costs, lead times, and inventory levels to track progress and identify areas for improvement.
- Develop a Supply Chain newsletter covering key areas like raw material, packaging material, general market intelligence, logistics, Supply Chain Risks etc.
Competencies:
Knowledge and skill set required:
- Strategic thinking, result oriented, supplier development & management, market intelligence, analytical, financial acumen, strong negotiation and persuasive communication, networking, quality conscious, audits & compliance,
- MM module of SAP
- Knowledge on Value analysis (VA) and value engineering (VE)
Location:- Mumbai, India
Eligibility
Preferably a Bachelor in Chemical Engineering / Post Graduate in Chemistry with at least 10 to 12 years of Raw Material Sourcing and Experience in Chemical Industry.
MBA (Business Management) degree will be an added advantage
Reporting Manager - Head - Supply Chain Management
About Company Profile
Founded in 1994, Novopor Advanced Science Private Limited, a Bain Capital portfolio company, is a trusted partner in solving scale-up and manufacturing challenges for the performance chemicals, material science, and agrochemicals industries.
With a strong focus on sustainable innovation and strategic collaborations, we deliver end-to-end solutions that enhance product performance, process efficiency, and environmental responsibility, helping our global customers drive progress toward a more sustainable future.
Our state-of-the-art Innovation Centre in Hyderabad powers cutting-edge research, while our fully automated manufacturing facilities in Andhra Pradesh and Gujarat ensure operational excellence, scalability, and reliability. We adhere to stringent global quality and safety standards, reinforcing our commitment to consistent, high-quality manufacturing and responsible operations.
At Novopor, we are shaping the future of advanced materials, performance chemicals, and agrochemicals, creating meaningful impact across industries and contributing to a more sustainable world.
Functional Areas: Other
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