Sourcing and Logistics Executive
4 days ago
Sourcing and Logistics Executive
ResponsibilitiesSourcing and Logistics Executive
Product Sourcing and Procurement:
- Assist in identifying and establishing relationships with reliable fuel oil suppliers to ensure a consistent supply.
- Assist in charge in Fostering strategic collaboration with logistics teams to optimize the transportation of fuel oil via rail and maritime routes, ensuring seamless coordination with cargo suppliers.
- Support the development of strategies for mitigating supply chain risks, including disruptions in the shipping market or geopolitical factors.
Pricing and Contract Management:
- Maintain a strategic view of global fuel oil pricing trends, analyse market data, and guide the development of competitive pricing strategies.
- Assist in strategic negotiations with key suppliers, setting overarching terms and directives to ensure alignment with the company's long-term business objectives and cost-effectiveness'.
- Apply knowledge of Incoterms, including commercial and payment terms, effectively in negotiations and contracts.
- Lead the entire contract lifecycle, from negotiation to execution, ensuring compliance with legal and regulatory requirements.
- Support the implementation of logistics strategies to optimize costs and delivery times.
Strategic Storage Management:
- Ensure accurate documentation and recordkeeping for the management of fuel oil storage facilities, with a primary focus on the Mundra site, to maintain optimal inventory levels and maximize cost efficiency.
- Support lead to lease with Operations team in coordinating daily storage and distribution activities and implementing solutions to improve operational efficiency
- Conduct daily inventory checks and quality control testing to ensure operational standards are met, maintaining consistency in fuel oil product integrity.
- Support compliance with safety protocols and regulations, providing senior management with detailed reports and risk assessments to facilitate informed decision making in storage operations.
Logistics Tank and Rail Management:
- Effectively manage and maintain contract of barges and floaters.
- Lead initiatives to optimize barge and floater utilization, implementing data driven strategies to enhance efficiency and cost-effectiveness' in transportation logistics.
- Assist lead to coordinate with suppliers and railways for the timely placement, loading, and movement of rakes.
- Support the contracting of tank trucks for physical supplies from various sources.
Key Stakeholders Internal:
- Commercial
- Operations
- Finance
- Logistics
- Hedging team
Key Stakeholders External:
- Domestic and International Suppliers
- Railways
- Inspection Agencies/Surveyors
- Insurance Providers
Education Qualification:
MBA or Post Graduation
Work Experience (Range of years):
3+ years of experience
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