Executive - Ocean Freight Procurement 1

1 day ago

Singapore IFFCO Full time

Overview 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 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 discounts for detention and demurrage for long staying idle containers. Support BUs in optimizing 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 minimization and cost containment, etc. Network with shipping lines and service providers. Renew all service contracts and credit terms prior to expiry. File claims for service failure with carriers or service providers. Create dashboard and reports 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. Negotiate with carriers and service providers to obtain a competitive freight strategy of at least 10% off the current spot market for regularly shipped lanes. Proactiveness to highlight and mitigate freight-related risks to BU and sales team. Build strategic partnerships with carriers and service providers. Ability to mitigate claims. Work experience 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 meet tight timelines. Business Unit: IFFCO Singapore. (4778)Business Group: Oils & Fats (Singapore) (4777)#J-18808-Ljbffr

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