Commodity Buyer (12128)
Commodity Buyer (12128)
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Job Description
JD for Commodity Buyer:
Location: Chakan
We are looking to hire a resourceful commodity Buyer to our company. In this role he will oversee the purchase of commodities update our inventory strategy and liaise with suppliers to ensure the stability of our supply chain. He will also ensure that project-approved budget is adhered to.
To ensure success as a Commodity Buyer he should have strong business acumen and excellent knowledge of commodity (Especially Steel) markets. Ultimately a top-notch commodity manager should be able to effectively navigate market risks to help the business reach its commodity goals.
- Managing the supply chain by sourcing reviewing and purchasing commodities.
- Updating inventory strategies where needed to increase sales and manage stock quantities.
- Evaluating selecting and recommending new vendors to management.
- Negotiating BIC prices and terms of purchase to maximize best commodity practices.
- Building and maintaining good relationships with commodity suppliers and distributors.
- Studying market trends and identifying any risks when sourcing and procuring commodities.
- Ensuring that project-approved budgets are adhered to.
- Supervising department personnel when they prepare contracts/agreements and purchase orders.
- Resolving vendor disputes and any commodity related issues.
Requirement
- BE Mechanical/Production.
- Min experience 7-10years in Supply chain and Commodity management.
- Solid knowledge of financial market that influence commodity prices.
- Experience working with commodity trading and risk management.
- Good negotiation skills and the ability to communicate effectively with vendors and suppliers.
- Advanced analytical skills.
- Strong leadership skills and the ability to work well with team from various internal functions.
- Ability to travel.
Must Skills:
- Steel buying
- Stampings
- Tube buying
- Spend more than 300cr
- Must have track record of 4-5% cost reduction on revenue
- Team player
- System and process demonstration in examples
Employment Type
Full Time
