Job description
Job Summary
- Lead data analysis and assist procurement activities for Emigrain & Unipex, specifically for wheat, corn, barley in line with overall business objectives and generate a competitive advantage through an optimized supplier base.
- To retrieve, analyze and summarize data/reports to develop business intelligence, optimize effectiveness and predict business outcomes.
- Offer hedging solutions for the grains, we are long.
Roles & Responsibilities
- Work with suppliers, analysts, on views of the market by advocating for trading positions, using analytic data.
- Conduct technical analysis requiring a deep understanding of the commodities or markets.
- 75%: Develop Market Intelligence, hedging strategy and correlate the same with the Fundamental analysis.
- Collaborate with Supply Chain and Operations to establish purchasing strategies and contracts.
- Understanding of futures markets and ability to hedge on the same.
- 20%: Develop long range purchasing plans and strategies using a proactive approach.
- Manage and aggressively identify opportunities to optimize and mitigate risk within the supply chain.
- 5%: Collaborate closely with Operations, Supply Chain and Sales on risks and costs evolution associated with all key functions, in order to optimize pricing and contribution margin.
- Responsible for aligning overall team resources to execute against short term and long-term strategies and meeting strategic sourcing and location/plant/BU objectives.
- Provides overall guidance and procurement work expertise to the team. Accountable for talent development, succession planning and engagement of team.
- Ensure that the company HSE policies & procedures are fully followed
- Understand, reflect & practice IFFCO’s vision & values.
KPIs
- Mark to Market Procurement Efficiencies
- Flour Sale Margin hedging results
- Procurement and Logistics Planning
Work experience requirement
- 8 – 10 years’ experience in trading, merchandising.
- Strong negotiation skills and ability to leverage purchasing opportunities across a large and complex organization.
- Technical knowledge and experience purchasing and / or selling commodities
Qualification
Graduate in Agriculture related discipline. MBA Preferred
Competencies
Analytical Ability
Business Acumen – Financial and Commercial
Communicating effectively
Customer Centricity
Knowledge of micro and macro-economic indicators
Ownership & Result Orientation
Planning & Decision Making
Project Management
Self and Team Management
Supply Chain Management Principles
Trading opportunity identification