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successfactors

Manager, Commodity Buyer

Modern Mills Company
Jeddah, KSA
Full-time
Senior · 5+ years experience
Onsite
Discovered 2 weeks ago
Free

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Job Purpose

Responsible for executing the procurement of feed raw materials through international commodity sourcing, market analysis, supplier negotiations, trade execution, and cross-functional coordination — ensuring uninterrupted supply, competitive cost, and effective supply risk management in support of the company's operational and financial objectives.

Key Accountabilities

Commodity Procurement - Execute the procurement of feed raw materials to ensure uninterrupted production and optimum inventory levels. - Develop and execute sourcing strategies aligned with business objectives and procurement plans. - Execute RFQs, tenders, commercial evaluations, negotiations, and purchase agreements. - Execute commodity purchases in line with approved purchasing strategies and the Delegation of Authority, meeting quality, cost, and delivery targets.

Market Intelligence & Cost Management - Monitor international and local commodity markets, CBOT futures, freight movements, exchange rates, and supply-demand trends. - Analyse global market fundamentals and recommend purchasing strategies that capitalise on favourable market conditions. - Develop total landed cost analyses to support sourcing decisions and identify cost optimisation opportunities without compromising supply reliability. - Support budgeting and forecasting with market intelligence and commodity outlooks.

Supplier Management - Develop and maintain strategic relationships with key local and international suppliers, brokers, and logistics partners. - Evaluate supplier performance against quality, delivery, pricing, and service KPIs, and conduct business reviews with improvement plans where required. - Identify alternative sourcing opportunities to reduce supply risk.

Contract & Risk Management - Negotiate and execute international purchase contracts securing favourable pricing, payment terms, and contractual conditions. - Ensure compliance with procurement policies, the Delegation of Authority, Incoterms, and contractual obligations. - Identify supply chain risks and implement mitigation through supplier diversification and contingency planning. - Monitor supplier contractual performance and resolve commercial issues.

Trade Execution - Coordinate execution of international purchase contracts from award through to cargo receipt, monitoring shipment schedules, vessel movements, and arrival dates. - Coordinate with Logistics on shipment execution, discharge planning, and material availability; with Finance on payments and trade documentation; and with Quality on inspection and cargo acceptance. - Resolve operational issues affecting deliveries.

Cross-Functional Collaboration - Collaborate with Supply Chain, Planning, Manufacturing, Finance, Logistics, and Quality to align procurement activity with production requirements. - Support the S&OP process with procurement updates and commodity market outlooks, and participate in strategic sourcing and business improvement projects.

Cost Optimisation & Process Excellence - Drive continuous improvement to enhance procurement efficiency, including automation, analytics, and best practice. - Develop and maintain procurement cost models to optimise total landed cost. - Prepare procurement reports, commodity outlooks, savings reports, and supplier performance dashboards.

Policies, Processes & Governance - Contribute to the development and continuous improvement of commodity procurement policies, procedures, and governance. - Ensure compliance with company procurement policies, ethical standards, and regulatory requirements. - Maintain accurate procurement records and management reports, and support internal and external audits.

What We’re Looking For

Education

Bachelor's degree in Supply Chain Management, Business Administration, Agriculture, Economics, Finance, or a related field.

Professional procurement certification preferred.

Experience

5+ years of experience in procurement or commodity buying.

Experience within FMCG, agriculture, feed, grain trading, or food manufacturing is preferred.

What Sets Us Apart

Career Growth & Learning: Structured training, mentorship, and cross-functional development opportunities.

Meaningful Work: Contribute to initiatives supporting food security, sustainability, and digital transformation.

Inclusive Culture: Work in a collaborative environment where ideas are valued, teamwork thrives, and a positive culture inspires success.

Compensation & Benefits: Competitive salary, comprehensive medical and life insurance, health benefits, and programs that support work-life balance.

Innovation & Impact: Access to advanced technology, process automation, and modern operations that drive operational excellence.

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