Purchase Head – Acetic Acid

• Company: A growing chemical and ethanol manufacturing company
• Location: Gopalganj, Bihar
• Reporting To: Director / Senior Management

• Job Objective

To manage the complete procurement of Acetic Acid for the Ethyl Acetate manufacturing plant, ensuring uninterrupted supply, competitive pricing, optimum inventory, timely delivery and effective supplier management.

• Key Roles and Responsibilities

• Procurement Planning: Plan Acetic Acid procurement based on production requirements, consumption patterns and inventory levels.
• Vendor Development: Identify, evaluate and develop reliable suppliers, manufacturers and authorized distributors.
• Commercial Negotiation: Negotiate prices, credit periods, payment terms, freight charges and other commercial conditions to minimize the overall landed cost.
• Market Intelligence: Monitor Acetic Acid market prices, supply-demand trends and availability to develop effective purchasing strategies.
• Purchase Order Management: Ensure timely issuance of purchase orders, supplier follow-ups and delivery as per production schedules.
• Inventory Management: Maintain optimum stock levels and coordinate with Production and Stores to prevent shortages or excess inventory.
• Logistics Coordination: Manage transportation, tanker availability and timely delivery of Acetic Acid while ensuring applicable safety requirements.
• Quality Coordination: Coordinate with Quality Control and Production teams to ensure materials meet approved specifications and required quality documentation is available.
• Cost Control: Identify cost-saving opportunities through bulk purchasing, long-term contracts, alternate sourcing and freight optimization.
• Contract and Payment Management: Manage supplier agreements, payment terms, invoice reconciliation and coordination with Finance.
• Compliance and Documentation: Ensure proper procurement records, approvals, supplier documentation and compliance with company policies and applicable regulations.
• Management Reporting: Submit periodic reports on procurement costs, market prices, inventory, pending orders, supplier performance and cost-saving initiatives.

• Key Performance Indicators (KPIs)

• Uninterrupted availability of Acetic Acid.
• Reduction in procurement and landed costs.
• Timely delivery and supplier performance.
• Optimum inventory and working capital management.
• Development of reliable alternative suppliers.
• Quality compliance and reduction in material rejection.
• Adherence to approved budgets and procurement policies.

• Educational Qualifications

Bachelor's degree in Engineering, Chemistry, Commerce or Supply Chain Management.

MBA/PGDM in Supply Chain Management or Materials Management will be an added advantage.

• Experience Requirements

• 10–15 years of relevant experience in Purchase / Procurement, preferably in the chemical or process manufacturing industry.
• Prior experience in Acetic Acid, industrial chemicals or raw material procurement is strongly preferred.
• Proven expertise in vendor development, commercial negotiation, bulk chemical logistics and cost optimization.

• Key Competencies

• Strong negotiation and analytical skills.
• Excellent supplier relationship and market assessment capabilities.
• Knowledge of inventory management, logistics and procurement contracts.
• Proficiency in MS Excel and ERP-based procurement systems.
• Strong leadership, communication and decision-making skills.

• Overall Accountability

To ensure the timely and cost-effective procurement of Acetic Acid for the Ethyl Acetate plant at Gopalganj, Bihar, while maintaining supply continuity, quality standards, optimum inventory and compliance with company policies.

Apply: [email protected]

Requirements

Key Competencies

• Strong negotiation and analytical skills.
• Excellent supplier relationship and market assessment capabilities.
• Knowledge of inventory management, logistics and procurement contracts.
• Proficiency in MS Excel and ERP-based procurement systems.
• Strong leadership, communication and decision-making skills.

Benefits

Open to Negotiation as per knowledge and work experience