Raw Materials Procurement Manager (Steel Industry)
This is a {Advertised Permanent / Temporary}, {Advertised Full Time / Part Time} vacancy that will close in {x} days at {xx:xx} BST.
The Vacancy
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.
About Us
GFG Alliance is a collection of global businesses and investments owned by Sanjeev Gupta and his family. The Alliance is structured into three core industrial pillars; LIBERTY Steel Group, ALVANCE Aluminium Group and SIMEC Energy Group, independent of each other yet united through shared values and a purpose to create a sustainable future for industry and society. GFG Alliance employs 35,000 people, across 23 countries and has revenues of USD $20bn. GFG Alliance is a leader in sustainable industry with a mission to become Carbon Neutral by 2030 (CN30).
CN30
GFG’s CN30 programme implements low carbon initiatives such as hydrogen steel making, metals recycling, energy efficiency and renewable power across its three core industry brands – LIBERTY Steel, ALVANCE Aluminium and SIMEC Energy – to become carbon neutral by 2030 and create more flexible, competitive operations.
Our Purpose and Values
Sustainability
Our STRATEGY is to create an economically viable business model for our industries which is profitable for the long term, allows for socially sustainable development in our local communities and is carbon neutral.
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