16 Aug
|
Karamtara Engineering
|
Mumbai
16 Aug
Karamtara Engineering
Mumbai
Position Details
- Company : Karamtara Engineering Ltd.
- Designation : AGM - Procurement (Billets)
- Location: Worli Mumbai
- Experience Required: 15 to 20 years
- candidate must have experience in procurement of billets
Job Summary
The AGM Procurement (Square Billets) is responsible for strategic sourcing, procurement planning, and supply assurance of carbon steel square billets from domestic and international markets. The role involves vendor development, commercial negotiations, import sourcing, risk management, and alignment with production requirements while ensuring cost competitiveness, quality compliance, and supply continuity.
Key Responsibilities
1. Strategic Procurement & Sourcing
- Lead endtoend procurement of square billets to meet rolling mill / manufacturing requirements.
- Develop sourcing strategies for domestic and import billets based on cost, availability, quality, and logistics.
- Monitor billet demand planning in coordination with production, sales, and PPC teams.
2. Domestic Procurement
- Identify, onboard,
and manage domestic billet suppliers / integrated steel plants.
- Negotiate pricing, contracts, delivery schedules, and credit terms.
- Ensure consistent billet quality as per chemical composition, size tolerances, and internal quality norms.
3. International Procurement (Imports)
- Source square billets from global markets
- Handle import contracts, Incoterms (CFR/CIF), LC terms, and shipment planning.
- Coordinate with CHA, shipping lines, banks, inspectors, and insurance agencies.
- Ensure compliance with customs, DGFT, BIS, and trade regulations.
4. Price Trend Analysis & Market Intelligence
- Track global and domestic billet price trends, scrap prices, iron ore, freight, and forex movements.
- Analyze market risks and recommend buying windows and hedging strategies where applicable.
- Maintain robust market intelligence through mill relationships, traders, and industry networks.
5. Quality Assurance & Technical Coordination
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📌 AGM - Procurement (Mumbai)
🏢 Karamtara Engineering
📍 Mumbai