Bulk Chemicals Procurement Manager
WANHUA CHEMICAL (SINGAPORE) PTE. LTD. · Singapore ·
- Employment
- Contract
- Category
- Operations
Job Overview
The Bulk Chemicals Procurement Manager is responsible for managing the global procurement of bulk chemicals, including benzene and other aromatic products. The role leads both long-term contract and spot procurement activities, develops and maintains strategic relationships with overseas suppliers, and drives sourcing strategies to ensure a stable, cost-effective, and resilient supply of raw materials.
The position plays a key role in supporting the continuous operations of the company’s manufacturing facilities by balancing supply security, procurement costs, market opportunities, inventory requirements, and supply chain risks.
Key Responsibilities
1.Procurement Strategy & Market Analysis
- Develop and implement annual and medium-to-long-term procurement strategies for benzene and other aromatic chemicals, covering contract and spot procurement, regional sourcing, inventory planning, and supply security.
- Monitor global supply and demand trends, regional price differentials, freight and logistics structures, and market fundamentals.
- Track crude oil and aromatics pricing, production capacity, inventory levels, geopolitical developments, and other market drivers.
- Develop market analysis and pricing models to support procurement, sourcing, and commercial decision-making.
- Identify market opportunities and risks and provide timely recommendations to management.
2.Supplier Strategy & Relationship Management
- Develop and execute strategic sourcing strategies for key overseas suppliers.
- Evaluate, qualify, and tier suppliers based on commercial competitiveness, reliability, quality, logistics capabilities, and overall supply performance.
- Develop and maintain a diversified global supplier network to strengthen supply security and reduce concentration risks.
- Build and maintain strong long-term relationships with key suppliers and business partners.
- Continuously review and optimize the supplier portfolio in line with business and market requirements.
3.Cost, Supply Chain & Risk Management
- Analyze total procurement costs from an end-to-end supply chain perspective, including product pricing, freight, logistics, financing, inventory, and related costs.
- Identify opportunities to improve procurement efficiency and optimize overall sourcing costs.
- Establish risk mitigation and contingency plans for price volatility, supply disruptions, quality issues, logistics delays, and geopolitical risks.
- Work closely with production, logistics, quality, finance, legal, and other relevant functions to ensure supply continuity and effective risk management.
4.Long-Term Contract & Spot Procurement
- Lead the negotiation, execution, and management of long-term supply agreements for benzene and other bulk chemicals.
- Manage commercial negotiations with suppliers, including pricing, volume, delivery terms, payment terms, and other contractual conditions.
- Monitor market movements and execute spot purchases in response to business requirements and market opportunities.
- Identify favorable market windows and optimize purchasing timing and inventory positions.
- Ensure timely delivery of materials in accordance with production requirements, quality specifications, and agreed contractual terms.
5.Supplier Performance & Exception Management
- Monitor supplier performance against agreed commercial, quality, delivery, and service requirements.
- Manage and resolve supply chain exceptions, including shipment delays, quality deviations, documentation issues, and other operational challenges.
- Work with suppliers and internal stakeholders to develop corrective and preventive actions.
- Continuously improve supplier performance and strengthen the overall sourcing network.
6.Procurement Operations & Trade Documentation
- Oversee purchase order execution and follow up on order status, shipment schedules, and delivery arrangements.
- Ensure proper review and compliance of international trade documentation, including Letters of Credit (L/C), Bills of Lading (B/L), inspection certificates, commercial invoices, and other relevant documents.
- Coordinate with internal and external stakeholders to ensure smooth and compliant international trade transactions.
- Ensure procurement activities comply with company policies, contractual requirements, and applicable trade regulations.
Qualifications& Requirements
- Master’s degree or above in International Trade, Chemical Engineering, Supply Chain Management, Logistics, Business, or a related discipline.
- Solid experience in global procurement, preferably with direct experience in bulk chemicals, petrochemicals, aromatics, benzene, or related commodity markets.
- Proven experience in both long-term contract and spot procurement, overseas supplier development, and cross-border commercial negotiations.
- Strong understanding of international commodity markets, supply-demand dynamics, pricing mechanisms, and global supply chains.
- Strong knowledge of international trade processes and documentation, including Letters of Credit (L/C), Bills of Lading (B/L), inspection certificates, and related compliance requirements.
- Strong commercial acumen with proven capabilities in supplier negotiation, procurement cost analysis, contract management, and supply chain risk management.
- Fluent in English with the ability to independently communicate and negotiate with overseas suppliers and international business partners.
- Strong analytical, communication, coordination, and stakeholder management skills.
- Able to work independently, manage multiple priorities, and make sound commercial decisions in a fast-paced and dynamic environment.
- Highly organized, detail-oriented, commercially driven, and resilient under pressure.
- Willingness to travel internationally when required.