Procurement Head

Position Overview
The Procurement Head will be responsible for leading the procurement function for the Nitrile Gloves and Latex division. This includes managing all aspects of sourcing, purchasing, and supplier relationship management. The role involves strategic planning, cost optimization, vendor negotiations, and ensuring the timely supply of high-quality materials. The ideal candidate should have strong experience in procurement, particularly in the gloves/latex/chemical industry or related sectors, and possess excellent negotiation and analytical skills. 

• Strategic Sourcing: Develop and execute sourcing strategies for nitrile gloves and latex products to meet business objectives, including cost, quality, and delivery targets.
  
• Supplier Management: Identify, evaluate, and select suppliers based on quality, cost, reliability, and capacity. Build and maintain strong relationships with key suppliers to ensure long-term partnerships.
• Cost Management: Drive cost savings initiatives through effective negotiation, demand management, and supplier consolidation. Monitor market trends to anticipate changes in raw material costs and adjust strategies accordingly.
• Inventory Management: Optimize inventory levels and manage supply chain risks by ensuring a balanced supply of materials to meet production schedules without overstocking.
• Compliance: Ensure all procurement activities comply with internal policies, industry regulations, and standards related to safety, quality, and environmental impact.
• Team Leadership: Lead, mentor, and develop the procurement team, fostering a culture of continuous improvement, collaboration, and accountability.
• Contract Negotiation: Oversee contract negotiations and manage contractual agreements to minimize risks and ensure favorable terms for the organization.
• Market Analysis: Conduct market research and analysis to stay updated on industry trends, price fluctuations, and potential supply chain disruptions.
• Reporting: Provide regular updates to senior management on procurement performance, cost savings, supply chain risks, and market developments.
  

• Education: BE/B.Tech / Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
  
• A Master's degree or professional certification (e.g., CPM, CPSM) is a plus.
• Experience: Minimum of 7-10 years of experience in procurement, with at least 3-5 years in a leadership role, preferably within the nitrile gloves or latex products or Chemical industry.
  

Skills

• Strong negotiation and communication skills.
  
• Proficiency in procurement software and ERP systems.
• Excellent analytical and problem-solving abilities.
• Knowledge of global supply chain management and logistics.
• Understanding of industry-specific regulations and compliance standards.
• Personal Attributes: - Strategic thinker with a proactive approach to problem-solving. - Ability to work under pressure and meet deadlines.
• Strong leadership and team-building capabilities. Additional Information:
• Travel: Occasional travel may be required to visit suppliers, attend industry events, or meet with stakeholders.