POSITION SUMMARY
The role will be responsible for the procurement of raw materials according to
the company's steel production requirements.
Working in close collaboration with procurement representatives at the GFG
steel producing sites, technical professionals and senior management, the
procurement manager will need to ensure the timely delivery of raw materials
with the best possible pricing and payment terms. The ability to negotiate
competitive terms and work to strict budgetary requirements is mandatory.
Every step of the procurement process will be managed by this function, from
liaising with suppliers on regular basis to understand market fundamentals all
the way to the reporting and contract management process of delivered raw
materials.
KEY RESPONSIBILITIES
1. Market analysis
* Regular interaction with active market participants to evaluate price direction basis the supply and demand side pressures. This involves speaking to suppliers, traders and reporters on a regular basis.
* Releasing a monthly market report for all product groups (base metals + ferroalloys) to inform management of market changes.
2. Inventory & Planning
* On a weekly basis, discussing with all sites in Europe the current inventory and the forecasted consumption.
* Ensuring inventory remains low but above MRL (minimum re-order level)
* Avoidance of larger inventories that restricts working capital.
3. Strategy
* Basis the market & inventory levels determine strategy of purchasing of raw materials in order to create maximum value for the GFG Alliance group assets.
* Purchasing terms: determining the percentage of contracts by both volume and spend are dictated to on fixed price versus index linked price methodology basis the positioning and forecast of market. Defining the optimum quotation period. Determining the contract volume, market entry point and contract length.
* Intragroup supply: to synergize any production within the GFG Alliance group companies (Liberty Bell Bay).
4. Tendering & RFQs
* Creating RFQ: creating the RFQ document, containing all necessary requirements from the supplier.
* Supplier Lists: ensuring that supplier lists for every product are regular updated and managed.
* Compiling RFQ results: tabulating all responses to the tender for easy comparisons
* VIU pricing: determine which products provide best Value in Use (VIU) benefits to lower the costs of production.
5. Negotiations & Approval
* Supplier negotiations: negotiation of the price of the product basis the other offers that have been received.
* Payment terms negotiations: ensuring material is always purchased with some payment terms or financing.
* Approvals: from delegated member of top management depending on spend (to be determined)
6. Contract Management
* Checking contract: working with local operations to check through the contract and send to the supplier or receive their contract.
* Delivery timing and performance: ensuring the contract terms are met for delivery time of material, price of material and specification/quality of materials.
7. Reporting & Performance
* Quarterly reporting of performance of alloys and base metals purchasing
* Comparing purchase price versus market level on monthly basis to determine value gained.
The purchasing raw materials list is as follows:
* Bulk ferroalloys (Silicomanganese, Ferromanganese, Ferrosilicon)
* Noble ferroalloys (ferrochrome, ferroniobium, ferromolybdenum, ferrovanadium)
* Base metals (zinc, copper, nickel, lead, tin, aluminium)
* Cored wires (carbon CW, ferrotitanium CW, Calcium CW)
* Aluminium deox (aluminium granules, aluminium wire)
QUALIFICATIONS/EXPERIENCE REQUIREMENTS
* Degree with 5 years' experience in Steel Industry.
* The ideal candidate possesses elevated commercial skills and fulfilled previous roles in steel making raw material procurement.
* Technical knowledge of steel making (BF/EAF routes) is highly preferred.
* Excellent written and verbal communication skills are required to collaborate with site personnel, suppliers and senior management.
* Self-motivated in order to perform in a fast-paced environment.
Job Type: Full-time