Sourcing Manager / Executive – Scrap (Rare Earth Elements)

We are seeking a dynamic and result-oriented Sourcing Manager / Executive – Scrap to drive the procurement of magnet scrap and industrial metal scrap for recycling and recovery operations. The ideal candidate will have strong experience in sourcing NdFeB (Neodymium Iron Boron), SmCo (Samarium Cobalt) magnet scrap , industrial scrap, and metal recycling materials, along with a well-established supplier network and strong commercial negotiation skills.

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.

Required Qualifications

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.

Desired Skills

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.

Key Performance Indicators (KPIs)

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.

Preferred Industry Background

Rare Earth Material Recycling

Magnet Manufacturing

E-waste Recycling

Metal Recycling & Recovery

Non-Ferrous Metals Trading

Industrial Scrap Procurement

Circular Economy & Sustainability Businesses

Ideal Candidate: A sourcing professional with hands-on experience in building scrap supply networks, negotiating commercial agreements, and managing procurement of magnet and metal scrap materials for recycling, refining, or manufacturing operations.

Please share your resume to Sathishkumar.b@scimplify.com