Commodity Buyer / Commodity Manager

Commodity Buyer

Location - Chakan

We are looking to hire a resourceful commodity manager to our company. In this role, he will oversee the purchase of commodities, update our inventory strategy, and liaise with suppliers to ensure the stability of our supply chain. He will also ensure that project-approved budget is adhered to.

To ensure success as a Commodity Manager, he should have strong business acumen and excellent knowledge of commodity (Especially Steel) markets. Ultimately, a top-notch commodity manager should be able to effectively navigate market risks to help the business reach its commodity goals.

 

• Managing the company supply chain by sourcing, reviewing, and purchasing commodities.
• Updating inventory strategies where needed to increase sales and manage stock quantities.
• Evaluating, selecting, and recommending new vendors to management.
• Negotiating BIC prices and terms of purchase to maximize best commodity practices.
• Building and maintaining good relationships with commodity suppliers and distributors.
• Studying market trends and identifying any risks when sourcing and procuring commodities.
• Ensuring that project-approved budgets are adhered to.
• Supervising department personnel when they prepare contracts/agreements and purchase orders.
• Resolving vendor disputes and any commodity related issues.

Experience Level

Senior Level