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