Associate Manager-Procurement(Grains).Wheat Buying-Flour

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

Business Unit: Flour (363)

Business Group: Agri Foods (233)