
Executive - Ocean Freight Procurement 1
1 week ago
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 Orientation; Vessel Charter Management; Industry Regulations and Norms; Cargo Operations; Self and Team Management; Planning & Decision Making; Strategic Thinking; Microsoft Office Tools - Excel, Word and PowerPoint; Advanced Excel; Commercial Acumen
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