Head - Raw Materials/Strategic Sourcing - Paint Industry

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.