Purchase Manager - Edible Oil (2-6 yrs)

Ruralnaukri is looking for edible oil purchase manager for one of leading corporates

Functional Knowledge/Competency:

- Knowledge of Forward market/International market

- Knowledge of Vegetable Oil complexity

- Risk Management

Behavioral Knowledge/Competency:

- Analytical Ability

- Conceptual Thinking

- Ability to work and collaborate in Matrix Organization

- Good Interpersonal Skills

Key Job Responsibilities:

- Strategic Sourcing of Palm based oils for Pan India requirement - Annual Purchase Volume 2 Lakh MT, Annual Purchase Value- Rs 2000 Cr

- Efficient buying through timely Forward purchases, negotiations

- Risk Management

- Market tracking of Edible Oil complex -Domestic and International Market Factors

- Vendor development

- Managing Inter Functional stakeholders

- Ensuring Availability and continuous production

- Identifying and driving cost reduction initiatives

Desired Candidate's profile:

- Edible Oil Trading - Domestic and International Trading of Palm Oil, Soft Oil like Soya Oil, Sunflower Oil etc. in high volumes

- Exposure to forward/international Exchange markets and Risk Management Techniques like Hedging on Exchanges.

- Involved in Market research of Edible Oil.

- Has exposure in Importing Edible Oil, running refineries etc

- Understanding of overall process related to Procurement

- Contribution towards cost efficiency in Oil sourcing

- Experience (yrs) 5-7 years