Aditya Birla Group Hiring for Head of Procurement at Worli, Maharashtra, India Full Time

About Birla Carbon: Birla Carbon is the world’s leading sustainable manufacturer and supplier of carbon black additives. Our global presence ensures that our carbon black is of the highest quality worldwide, delivering a consistent product wherever our customers are.

Job Context: In our manufacturing process, oil serves as a fundamental raw material. As a Global Oil Procurement Specialist, this role will play a critical role in ensuring the uninterrupted supply of high-quality oil from diverse sources across the globe.

Major Challenges: Volatility in Oil Prices, Supply Chain Disruptions, Quality Assurance, Keeping abreast of evolving market trends, regulatory changes, and emerging technologies in the oil industry on a global scale, Competitive Supplier Landscape, Compliance and Regulatory Requirements.

1.Strategic Sourcing

• Monitor global oil markets, industry trends, pricing fluctuations, and regulatory changes to inform procurement strategies and mitigate risks.

• Identify, evaluate, and procure various types of oils from global suppliers to meet the requirements of our manufacturing process while optimizing cost & quality.

• Identify opportunities for cost optimization & efficiency improvements within the procurement process, exploring alternative suppliers and sourcing strategies.

• Strong commercial acumen, with the ability to analyze market trends, negotiate effectively, and drive cost savings while maintaining quality standards

2.Supplier Management

• Cultivate and maintain strong relationships with suppliers, negotiating favorable terms, pricing, and contracts to ensure a reliable and efficient supply chain

• Lead negotiations with suppliers to secure competitive pricing, favorable payment terms, and contractual agreements aligned with business objectives.

3.Compliance of SOP, Statutes, Risk Management and Systems & Processes

•Ensure compliance with relevant regulations, industry standards, policies in all procurement activities

•Assess and mitigate risks associated with oil procurement, such as supply chain disruptions, geopolitical factors, and price volatility.

4.Quality Assurance

•Collaborate with quality assurance teams to ensure that procured oils meet the required standards and specifications for our manufacturing process

5.Hedging Strategy

•Develop and implement hedging strategies to manage price risks associated with oil procurement, utilizing financial derivatives, futures contracts, options, and other hedging instruments.