Rex Fuels
Website:
rexfuels.com
Job details:
Job Title:
Head – Procurement
Department:
Procurement / International Sourcing
Location:
Nashik / Mumbai (with international coordination)
Reporting To:
Director / Head – Petrochemical & Energy Division
Job Summary:
The Head of Procurement will oversee all sourcing and supply activities for a multi-product trading and distribution business. The role requires strong market intelligence, vendor relationship management, international sourcing capabilities, and deep commercial acumen across petrochemicals, chemicals, polymers, and metals categories.
This position will be responsible for ensuring profitable buying, competitive pricing, and consistent availability of materials to meet customer and business requirements.
Key Responsibilities:
· Strategic Sourcing & Category Management
· Develop sourcing strategies for multiple product categories, including petrochemicals, bulk chemicals, speciality chemicals, polymers, and metals.
· Identify and onboard reliable domestic and global suppliers, traders, and manufacturers.
· Track commodity trends, pricing cycles, and global market movements.
· Manage hedging strategies, where applicable, and evaluate market risks.
· Procurement Operations
· Handle the end-to-end procurement process, including RFQs, negotiations, contracting, purchase orders, delivery follow-ups, and payment cycles.
· Ensure competitive landed pricing to maximize trading margins.
· Oversee imports, exports, bulk cargo, break-bulk, and containerized shipments.
· Optimize logistics, storage, and distribution networks.
· Vendor & Supplier Relationship Management
· Build strong global supplier relationships to secure allocation, priority supply, and long-term partnerships.
· Conduct vendor evaluations, performance audits, and compliance checks.
· Engage with principals for annual rate contracts, volume agreements, and price protections.
· Market Intelligence & Demand Planning
· Provide weekly and monthly analysis of market trends, price movements, inventory positions, and demand outlook.
· Coordinate with Sales teams to understand demand forecasts, pipeline orders, and customer requirements.
· Suggest strategic stocking, bulk buying, or spot purchases based on market opportunities.
· Team Leadership
· Lead, mentor, and upskill a multi-category procurement and sourcing team.
· Build category expertise and succession planning within the function.
· Define KPIs, monitor performance, and ensure high functional productivity.
Key Skills:
· Strategic Sourcing
· International Procurement
· Commodity Market Intelligence
· Vendor & Supplier Management
· Commercial Negotiation
· Category Management
· Demand Planning
· Risk Management
· Logistics & Supply Chain Coordination
· Team Leadership
Click on Apply to know more.
