**Job
Title:** Plastic Raw Material Purchase Manager
**Job Summary:**
The
Plastic Raw Material Purchase Manager is responsible for overseeing the
procurement of plastic raw materials, such as resins and polymers, required for
manufacturing plastic products. Their primary objective is to secure a
reliable supply of raw materials, negotiate favorable terms with suppliers, and manage
inventory to support production needs efficiently.
**Key Responsibilities:**
1. **Supplier Management:**
-
Identify, evaluate, and select suppliers of plastic raw materials.
- Negotiate supply agreements, terms, and pricing with suppliers.
- Establish and maintain strong relationships with key suppliers.
2. **Cost Optimization:**
-
Develop and implement cost-effective procurement strategies to ensure
competitive pricing.
- Monitor market trends, pricing fluctuations, and currency exchange
rates to make informed purchasing decisions.
- Seek opportunities for cost reduction and value enhancement in the
procurement process.
3. **Quality Assurance:**
-
Ensure that the purchased raw materials meet quality standards and
specifications.
- Collaborate with quality control and production teams to address any
quality issues promptly.
4. **Inventory Management:**
-
Maintain optimal inventory levels to prevent shortages or excess stock.
- Implement inventory control measures to reduce carrying costs while
ensuring a continuous supply.
5. **Compliance and Documentation:**
-
Ensure compliance with industry regulations and standards related to plastic
materials.
- Maintain accurate records of procurement activities, contracts, and
supplier communications.
6. **Supply Chain Optimization:**
-
Collaborate with logistics and production teams to align procurement with
production schedules.
- Streamline supply chain processes to minimize lead times and improve
efficiency.
7.
**Market Research:**
-
Stay informed about industry trends, innovations in plastic materials, and
emerging suppliers.
- Conduct market research to identify potential sources of raw materials
and cost-saving opportunities.
8. **Contract Management:**
-
Draft, review, and manage contracts with suppliers, including terms and
conditions.
- Monitor supplier performance and negotiate contract renewals or
modifications.
9. **Risk Management:**
-
Identify and mitigate supply chain risks, such as supply disruptions or changes
in regulations.
- Develop contingency plans to address unexpected challenges.
10. **Reporting and Analytics:**
- Generate reports on procurement activities,
cost savings, and inventory levels.
- Utilize data and analytics to make
informed decisions and optimize procurement processes.
**Qualifications:**
- Bachelor's degree in supply chain management, business, or a related field
(Master's degree preferred).
- Proven experience in procurement, particularly in plastics or raw material
procurement.
- Strong negotiation and communication skills.
- In-depth knowledge of plastic raw materials, their properties, and industry
specifications.
- Proficiency in procurement software and tools.
- Familiarity with relevant regulations and industry standards.
- Leadership and team management skills.
**Conclusion:**
- A
Plastic Raw Material Purchase Manager plays a crucial role in ensuring a
consistent and cost-effective supply of raw materials for plastic
manufacturing. This role requires a deep understanding of plastic materials,
strong negotiation skills, and the ability to manage supplier relationships
effectively to support the production of high-quality plastic products.
**To apply for this position, please submit your resume and a cover letter detailing your relevant experience.
Salary - Rs.10,000 -15000 /-
1.The more the Jobs you apply, the higher your chances of getting a job.
2. Keep your profile updated Update
Recruiters prefer candidates with complete profile information.
3. Keep visiting the Teamlease.com daily
Daily visit will ensure you won’t miss out on any Job opportunity.
4. Watch videos to improve Watch videos
Be a better candidate than others by watching these Job-related videos.