Sourcing/ Procurement

2 weeks ago

Hyderabad, Telangana, India Rapidue Technologies Full time ₹ 5,00,000 - ₹ 15,00,000 per year

About the Role:

We are seeking a Manager who will be responsible for building and maintaining a consistent pipeline of scrap procurement opportunities through online and offline auctions. This role involves a mix of market scanning, stakeholder engagement, operational coordination, and execution to ensure timely participation and closure of scrap auctions to secure a consistent, high-quality flow of material into the warehouse or back to back sales.

Role & responsibilities

Auction Opportunity Identification

  • Daily monitoring of multiple auction websites and platforms to identify relevant scrap opportunities.
  • Engage with auction house representatives to gather information on upcoming auctions, registration requirements, and participation process.
  • Conduct on-ground visits to auction sites to understand operational characteristics, quality of materials, and logistics constraints.

Seller Engagement & Onboarding

  • Build relationships with sellers listing their scrap for auctions to enable participation.
  • Facilitate seller onboarding on company systems, ensuring all compliance and documentation requirements are met.
  • Follow up with sellers for timely approvals, clarifications, and confirmations.

Operational Coordination

  • Liaise with internal sales, logistics, and procurement teams for daily operational requirements such as:
  • Vehicle placement for material pickup.
  • Labour arrangement for loading/unloading.
  • Material inspection and verification before participation.
  • Coordinate with finance/commercial teams for payments, deposits, and auction compliance.
  • Making supply agreements with the help of the legal team if required.

Market Intelligence & Reporting

  • Track scrap price trends, auction win/loss ratios, and competitor activity.
  • Prepare weekly and monthly reports on auction participation, material sourced, and cost benefits achieved.

Preferred candidate profile

  • Experience: 4+ years of experience in procurement, scrap sourcing, or industrial auctions. Experience in any type of scrap, manufacturing, or recycling industry is preferred.

  • Skills:

  • Strong negotiation and relationship management skills.

  • Excellent communication (verbal & written) to interact with sellers, auction houses, and internal teams.
  • Analytical ability to assess scrap value, operational feasibility, and profitability of auctions.
  • Hands-on approach with willingness to travel for site visits and inspections.

  • Familiarity with online auction platforms and procurement systems

  • Education: Bachelors degree in Supply Chain, Operations, Engineering, or any related field.

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