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Manager, Commodity Buyer

Modern Mills Company
Jeddah, KSA
Full-time
Senior
Onsite
Discovered 2 weeks ago
Commodity procurementInternational sourcingMarket analysisSupplier negotiationFeed raw materialsCBOT futures
Free

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Key skills for this role

Commodity procurementInternational sourcingMarket analysis
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Job Purpose

Execute procurement of feed raw materials through international sourcing, market analysis, supplier negotiations, trade execution, and cross-functional coordination.

The role supports uninterrupted supply, competitive cost, supply-risk management, and the company's operational and financial objectives.

Commodity Procurement

  • Procure feed raw materials to maintain uninterrupted production and optimum inventory levels.
  • Develop sourcing strategies and execute RFQs, tenders, commercial evaluations, negotiations, and purchase agreements.
  • Execute purchases according to approved strategies and the Delegation of Authority while meeting quality, cost, and delivery targets.

Market Intelligence and Cost

  • Monitor commodity markets, CBOT futures, freight movements, exchange rates, and supply-demand trends.
  • Analyse market fundamentals and recommend purchasing strategies.
  • Develop landed-cost analyses, support budgeting and forecasting, and identify cost-optimization opportunities.

Supplier and Risk Management

  • Maintain relationships with local and international suppliers, brokers, and logistics partners.
  • Evaluate supplier performance against quality, delivery, pricing, and service KPIs.
  • Identify alternative sourcing opportunities, supply risks, and mitigation plans.

Contracts and Trade Execution

  • Negotiate and execute international purchase contracts covering pricing, payment terms, and contractual conditions.
  • Ensure compliance with procurement policies, the Delegation of Authority, Incoterms, and contractual obligations.
  • Coordinate shipments through cargo receipt with logistics, finance, and quality teams.

Collaboration and Improvement

  • Collaborate with Supply Chain, Planning, Manufacturing, Finance, Logistics, and Quality.
  • Support S&OP, strategic sourcing, business improvement, automation, analytics, and best-practice initiatives.
  • Prepare procurement reports, commodity outlooks, savings reports, supplier dashboards, records, and audit support.

Qualifications

  • A bachelor's degree in Supply Chain Management, Business Administration, Agriculture, Economics, Finance, or a related field is required.
  • At least five years of procurement or commodity-buying experience is required.
  • Professional procurement certification is preferred.
  • Experience in FMCG, agriculture, feed, grain trading, or food manufacturing is preferred.

What Sets the Company Apart

  • The company offers structured training, mentorship, and cross-functional development opportunities.
  • The company highlights work related to food security, sustainability, digital transformation, and operational excellence.
  • Benefits include competitive salary, medical and life insurance, health benefits, and work-life-balance programs.

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