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Indorama Ventures Direct and Indirect Procurement Manager in Mumbai, India

Job Description :

Accountable for the Procurement / Supply Chain activities for the IVOAPL. Specific responsibilities include:

Job Summary:

The Direct and Indirect Procurement Manager is responsible for overseeing all aspects of procurement within both direct and indirect spend categories. This role focuses on ensuring the timely and cost-effective acquisition of goods and services, while maintaining high levels of supplier performance and compliance with organizational standards. The manager will collaborate with cross-functional teams, including operations, finance, logistics and inter regional procurement team, to develop and implement procurement strategies that align with the company’s goals.

Key Responsibilities:

Direct Procurement:

  • Strategic Sourcing: Lead strategic sourcing activities for direct materials, including raw materials, components, and production supplies.

  • Supplier Management: Identify, evaluate, and maintain relationships with key suppliers to ensure product quality, pricing, and delivery standards are met.

  • Contract Negotiation: Negotiate favorable terms and conditions with suppliers to reduce costs, mitigate risks, and improve performance.

  • Inventory Management: Collaborate with supply chain teams to maintain optimal inventory levels, avoiding production delays or excess stock.

  • Cost Management: Monitor and analyze direct procurement spending, identifying opportunities for cost reductions or process improvements.

Indirect Procurement:

  • Category Management: Manage procurement activities for indirect spend categories such as office supplies, IT services, professional services, and facilities management.

  • Supplier Evaluation: Develop and implement supplier selection processes, including evaluating performance, risk assessment, and ongoing supplier relationship management.

  • Budget Control: Work with internal stakeholders to manage budgets and ensure that all indirect procurement activities align with company financial goals.

  • Process Improvement: Identify areas for process optimization within indirect procurement to drive efficiency and cost savings.

General Responsibilities:

  • Cross-functional Collaboration: Work closely with internal departments (e.g., Finance, Legal, Operations) to understand business requirements and align procurement strategies with organizational needs.

  • Compliance and Risk Management: Ensure that all procurement activities comply with legal, regulatory, and company standards, including ethical sourcing and sustainability practices.

  • Market Analysis: Stay updated on industry trends, market conditions, and best practices in procurement to make informed decisions.

  • Reporting and Documentation: Prepare regular reports on procurement activities, savings, supplier performance, and budget adherence for senior management.

  • Full-time position with occasional travel required.

  • Fast-paced work environment, requiring proactive problem-solving and independent decision-making.

  • EHS responsibilities:

  • To follow site EHS procedure and best practices

  • Read and understand relevant procedure and perform the work safely

  • Support site EHS in safety campaign, Safety observations to prevent the injuries

  • Follow the site PSM procedure and implement the PSM culture

Required Knowledge/Skills:

  • Strong knowledge of procurement software and ERP systems (e.g., SAP, Ariba).

  • Proficient in Microsoft Office Suite, especially Excel (data analysis, budgeting, and reporting).

  • Familiarity with e-sourcing tools and e-auctions is a plus.

  • Strong negotiation, communication, and interpersonal skills.

  • Excellent problem-solving and analytical abilities.

  • Ability to manage multiple priorities and work in a fast-paced, dynamic environment.

  • Attention to detail and ability to handle complex contracts and supplier relationships.

  • Strong leadership capabilities, with the ability to mentor and develop a team.

  • Required Experience: Minimum of 10-12 years of experience in procurement and minimum 7-8 years in Chemical company, with a focus on both direct and indirect procurement categories.

  • Experience in contract negotiation, supplier management, and strategic sourcing is highly preferred.

  • Proven track record of cost savings and process improvements in a procurement environment.

Required Education: Bachelor’s/ master’s degree in science (Chemistry would be preferred) / Engineering.

Additional Locations:

Indorama Ventures is a world-class chemicals company with a global integrated leader in PET and fibers serving major customers in diversified end-use markets. Following our core strategies, we develop innovative products for customer needs and to make great products for society.

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