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Sourcing Manager, New Business Development - Florham Park, NJ

At BASF, we create chemistry through the power of connected minds. By balancing economic success with environmental protection and social responsibility, we are building a more sustainable future through chemistry. As the world’s leading chemical company, we help our customers in nearly every industry meet the current and future needs of society through science and innovation.
We provide a challenging and rewarding work environment and are always working to form the best team—especially from within, through an emphasis on lifelong learning and development.
And we are constantly striving to become an even better place to work. BASF has been recognized by Forbes Magazine as one of America’s Best Employers in 2016. Come join us on our journey to create solutions for a sustainable future!
Where the Chemistry Happens…We are seeking a Sourcing Manager to join our New Business Development Team within Procurement. In this position, you will develop optimized solutions and drive cost savings for new and existing raw material streams by utilizing the global sourcing network, sourcing tools/databases/processes, chemistry and technical knowledge, value chain knowledge, understanding of BASF technologies and products, creative and strategic thinking, and strong teamwork skills. New Business Development Team (1700974) You will work with Procurement Managers and business unit personnel, identify and implement new global sourcing opportunities for the existing portfolio of raw materials to optimize the supply base and deliver savings for the business units. Formula for Success: You Will…
  • Propose and implement projects for cost reduction and new business opportunities via in depth analysis including chemistry, value chain, and insourcing potential.
  • Evaluate make or buy decisions based on value chain analysis, including analysis of current sourcing practices, aggressive search for alternate qualified tollers and a close collaboration with the Contract Manufacturing team.
  • Implement Early Procurement Involvement for new raw materials by ensuring thorough engagement with R&D groups for assigned Business Units.
  • Identify and develop optimized source(s) and/or favorable supply position for new raw materials to maximize margin upon commercialization of new products.
  • Screen North American chemicals producers and their technologies.
  • Document as appropriate to ensure the information is available within BASF.
  • Identify markets and potentials for supply of raw materials from North America to other regions, and collaborate with Category Managers accordingly.
Create Your Own Chemistry: What We Offer You…Adding value to our customers begins with adding value to you. You@BASF is the suite of benefits, perks, programs and unique opportunities we offer to support you—the whole you—in all stages of your life and career. With you@BASF, you create your own chemistry.The total rewards that you receive as a BASF employee go way beyond a paycheck. From competitive health and insurance plans, to robust retirement benefits that include company-matching contributions, to making sure you never stop learning, we believe investing in you is investing in our success. Working for a large, global organization, you’ll have a chance to grow professionally and personally, expand your network and build a rewarding and dynamic career.

Ingredients for Success: What We Look for in You…
  • Master’s Degree in Chemistry or Chemical Engineering required; PhD preferred
  • Must have at least 5 years of total business experience, preferably in R&D and/or Business Development and/or Product Management and/or Business Management and/or Procurement
  • Proficiency/experience in value chain and sensitivity & risk analysis is required
  • Negotiation skills a plus