Procurement Specialist

As a Procurement Specialist, you will be responsible for sourcing raw materials and ingredients required for Paints, Admixtures, Construction Chemicals, and Waterproofing Compounds. Your key responsibilities will include: - Sourcing and procuring raw materials and ingredients from new suppliers to ensure a diverse and cost-effective supply chain. - Onboarding new suppliers by evaluating their capabilities and negotiating pricing, lead times, and contract terms for cost efficiency. - Maintaining and managing relationships with existing suppliers to ensure timely procurement of quality ingredients. - Identifying the right databases and companies for sourcing new paints requirements. In terms of Inventory Management, you will need to: - Monitor and track inventory levels of ingredients to ensure uninterrupted production. - Collaborate with the production team to forecast ingredient requirements and avoid stockouts. - Maintain optimal inventory turnover ratios by ensuring timely restocking and managing shelf life. For Assurance and Compliance, you will be responsible for: - Ensuring that all procured raw materials comply with quality standards, safety regulations, and industry guidelines such as GMP, FDA, and ISO. - Conducting supplier audits and monitoring quality control processes to ensure product safety and integrity. - Keeping updated on changes in regulations related to raw materials. In terms of Cost Control and Budget Management, your tasks will include: - Developing and managing procurement budgets to ensure cost-effective sourcing without compromising quality. - Monitoring market trends to identify opportunities for cost-saving measures. - Analyzing historical data to predict future raw material needs and optimize purchase decisions. As a Procurement Specialist, you will be responsible for sourcing raw materials and ingredients required for Paints, Admixtures, Construction Chemicals, and Waterproofing Compounds. Your key responsibilities will include: - Sourcing and procuring raw materials and ingredients from new suppliers to ensure a diverse and cost-effective supply chain. - Onboarding new suppliers by evaluating their capabilities and negotiating pricing, lead times, and contract terms for cost efficiency. - Maintaining and managing relationships with existing suppliers to ensure timely procurement of quality ingredients. - Identifying the right databases and companies for sourcing new paints requirements. In terms of Inventory Management, you will need to: - Monitor and track inventory levels of ingredients to ensure uninterrupted production. - Collaborate with the production team to forecast ingredient requirements and avoid stockouts. - Maintain optimal inventory turnover ratios by ensuring timely restocking and managing shelf life. For Assurance and Compliance, you will be responsible for: - Ensuring that all procured raw materials comply with quality standards, safety regulations, and industry guidelines such as GMP, FDA, and ISO. - Conducting supplier audits and monitoring quality control processes to ensure product safety and integrity. - Keeping updated on changes in regulations related to raw materials. In terms of Cost Control and Budget Management, your tasks will include: - Developing and managing procurement budgets to ensure cost-effective sourcing without compromising quality. - Monitoring market trends to identify opportunities for cost-saving measures. - Analyzing historical data to predict future raw material needs and optimize purchase decisions.