Executive - Ocean Freight Procurement 1

Job Summary

To partner with different Business Units across the IFFCO Group assigned region(s) to ensure demand consolidation, on-time freight procurement, space availability and get support in concluding long term agreements, ensuring reliable and time-bound service across freight corridors.

Roles & Responsibilities

• Interface between Business unit Supply chain/Customer service/Sales teams and Shipping lines/Freight Forwarders/and other government bodies (if required) to facilitate smooth transaction of all export/import/trans-shipment by ocean mode.
• Consolidate ocean freight demand plans (import & exports both) from business units for contacting.
• Negotiate favorable freight contract buying rates to maximize profit margin.
• Negotiate ocean FCL/LCL/Air freight with space allocation / free time in both POL/POD and any other value-added service if required.
• Negotiate on discounts detention and demurrage for long staying idle containers.
• Supporting BU in optimizing the space utilization with carriers on various freight-related contracts, Spot, VIP or term contracts
• Submit monthly operations report concerning service trends, freight trends and freight variation, detention minimizing and cost containment etc.
• Networking with shipping lines and service providers.
• Renew all service contracts and credit terms prior to expiry.
• Claims for service failure with carriers or service providers.
• Create dashboard and report for benchmarking & reporting purposes.
• Annual budget preparation.

Kpis

• Mark-to-market savings benchmarking.
• Identify & implement cost savings initiatives.
• Incidents on Service failure to be kept no more than 20% of the total shipments
• Negotiation with carriers and service provider to obtain a competitive freight strategy of at least 10% off the current spot market for lanes for regularly shipped lanes.
• Pro activeness to highlight and mitigate on freight related risks to BU and sales team. 
• Building strategic partnership with carriers and service provider 
• Ability to mitigate claims

Work Experience Requirement

5 - 8 years of experience in dealing with major carriers, forwarders and merchandize traders.

Qualification

Bachelor’s degree in Supply chain, Logistics or Shipping

Skills

• Candidates with exposure to data analytics and/or big data are highly desired. Individuals with advanced Excel skills may also be considered.
• Strong understanding of shipping and incoterms.
• Sound knowledge in freight budget management and control.
• Knowledge of INCO terms, port operating processes, freight movements, local customs documentation.
• Experience in working across multi-geographies / multi-cultural environments.
• A team player and self-motivated individual, confident personality with strong interpersonal, negotiation, and communication skills.
• Ability to engage with various internal and external stakeholders.
• Detail-oriented and meticulous.
• Able to work under high pressure and meeting tight timelines.

Competencies

Ownership & Result OrientationVessel Charter ManagementIndustry Regulations and NormsCargo OperationsSelf and Team ManagementPlanning & Decision MakingStrategic ThinkingMicrosoft Office Tools - Excel, Word and PowerPointAdvanced ExcelCommercial Accumen