Title:  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