About the role
Key Responsibilities
- Source and procure magnet scrap (NdFeB, SmCo), industrial metal scrap, and recycling feedstock from various channels.
- Build and strengthen relationships with scrap suppliers, including:
- Magnet manufacturers
- Motor recyclers
- Electronics recyclers
- Industrial scrap generators
- E-waste processors
- Metal traders and aggregators
- Identify new sourcing opportunities and expand the supplier base across India.
- Evaluate scrap quality, grades, composition, assay reports, and recovery potential.
- Conduct supplier assessments, audits, and negotiations to ensure competitive pricing and reliable supply.
- Manage RFQs, commercial discussions, contracts, and purchase agreements.
- Coordinate inbound logistics, transportation, material movement, and delivery schedules.
- Ensure compliance with environmental, safety, and regulatory requirements related to scrap procurement and recycling.
- Monitor market trends, scrap pricing movements, and supply-demand dynamics.
- Work closely with operations, metallurgy, recycling, and finance teams to ensure uninterrupted raw material availability.
- Maintain accurate procurement records, supplier databases, and sourcing reports.
- Bachelor's degree in Engineering, Metallurgy, Materials Science, Supply Chain, Commerce, or related discipline.
- 3-6 years of experience in:
- Magnet scrap sourcing
- Metal scrap procurement
- Recycling industry
- E-waste sourcing
- Ferrous / Non-ferrous metals trading
- Strong understanding of magnet materials, rare earth metals, industrial scrap grades, and recycling value chains.
- Experience evaluating assay reports, material specifications, and metal recovery economics.
- Proven track record of supplier development and commercial negotiations.
- Strong supplier networking and relationship management.
- Commercial acumen and cost optimization mindset.
- Knowledge of scrap grading, metallurgy, and material characterization.
- Excellent negotiation and vendor management skills.
- Strong analytical and market intelligence capabilities.
- Proficiency in MS Excel, ERP systems, and procurement tools.
- Effective communication and stakeholder management skills.
- Volume of scrap sourced and procured.
- Cost savings achieved through sourcing initiatives.
- Supplier base expansion and retention.
- Material quality compliance and yield performance.
- Procurement cycle time and supply continuity.
- Logistics efficiency and on-time deliveries.
- Rare Earth Material Recycling
- Magnet Manufacturing
- E-waste Recycling
- Metal Recycling & Recovery
- Non-Ferrous Metals Trading
- Industrial Scrap Procurement
- Circular Economy & Sustainability Businesses