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Title:  Associate Manager Procurement

Description: 

Job Summary

  • Lead procurement activities for IFFCO Pakistan, 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:  Animal Nutritions (PKBU01)
Business Group:  IFFCO Pakistan (Pvt) Ltd (PK01)