Manager Commodity Buyer📣 Job Ad
| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Jeddah |
Job Description
About the Role
Modern Mills Company is seeking a Manager Commodity Buyer to join our team in Makkah, with operations spanning Jeddah and Makkah. This full-time role is responsible for the strategic procurement of feed raw materials through international commodity sourcing, market analysis, supplier negotiations, and trade execution. The Manager Commodity Buyer ensures an uninterrupted supply, competitive costs, and effective supply risk management, directly supporting the company's operational and financial objectives.
Commodity Procurement and Trade Execution
- Execute the procurement of feed raw materials to ensure uninterrupted production and optimal inventory levels.
- Develop and implement sourcing strategies aligned with business objectives and procurement plans.
- Manage RFQs, tenders, commercial evaluations, negotiations, and purchase agreements.
- Execute commodity purchases in line with approved strategies and the Delegation of Authority, meeting quality, cost, and delivery targets.
- Coordinate the execution of international purchase contracts from award through cargo receipt, monitoring shipment schedules, vessel movements, and arrival dates.
- Coordinate with Logistics, Finance, and Quality departments on shipment execution, payments, documentation, inspection, and cargo acceptance.
- Resolve operational issues affecting deliveries.
Market Intelligence and Risk Management
- Monitor international and local commodity markets, CBOT futures, freight movements, exchange rates, and supply-demand trends.
- Analyze global market fundamentals and recommend purchasing strategies that capitalize on favorable market conditions.
- Develop total landed cost analyses to support sourcing decisions and identify cost optimization opportunities.
- Support budgeting and forecasting with market intelligence and commodity outlooks.
- Identify supply chain risks and implement mitigation strategies through supplier diversification and contingency planning.
Supplier Management and Contract Compliance
- Develop and maintain strategic relationships with key local and international suppliers, brokers, and logistics partners.
- Evaluate supplier performance against quality, delivery, pricing, and service KPIs, conducting business reviews with improvement plans.
- Identify alternative sourcing opportunities to reduce supply risk.
- Negotiate and execute international purchase contracts, securing favorable pricing, payment terms, and contractual conditions.
- Ensure compliance with procurement policies, the Delegation of Authority, Incoterms, and contractual obligations.
- Monitor supplier contractual performance and resolve commercial issues.
Cross-Functional Collaboration and Process Excellence
- Collaborate with Supply Chain, Planning, Manufacturing, Finance, Logistics, and Quality to align procurement activity with production requirements.
- Support the S&OP process with procurement updates and commodity market outlooks, and participate in strategic sourcing and business improvement projects.
- Drive continuous improvement to enhance procurement efficiency, including automation, analytics, and best practices.
- Develop and maintain procurement cost models to optimize total landed cost.
- Prepare procurement reports, commodity outlooks, savings reports, and supplier performance dashboards.
- Contribute to the development and continuous improvement of commodity procurement policies, procedures, and governance.
- Ensure compliance with company procurement policies, ethical standards, and regulatory requirements, maintaining accurate records and supporting audits.
Qualifications and Company Culture
Candidates for this role should possess 5 to 10 years of relevant experience in commodity buying or a similar procurement function, preferably within the feed raw materials sector or a related industry.
Modern Mills Company is committed to fostering a professional environment that supports employee development and contribution. We offer:
- Career Growth & Learning: Structured training, mentorship, and cross-functional development opportunities.
- Meaningful Work: Contribute to initiatives supporting food security, sustainability, and digital transformation.
- Inclusive Culture: Work in a collaborative environment where ideas are valued, teamwork thrives, and a positive culture inspires success.
- Compensation & Benefits: Competitive salary, comprehensive medical and life insurance, health benefits, and programs that support work-life balance.
- Innovation & Impact: Access to advanced technology, process automation, and modern operations that drive operational excellence.
Requirements
- Requires 5-10 Years experience
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