Job Description:

An Auction Executive in a steel manufacturing firm is responsible for managing the end-to-end process of selling products, scrap, or byproducts through competitive bidding, ensuring maximum price realization and efficient, compliant, and timely transactions.

Key Responsibilities
- Auction Planning & Strategy: Set up and manage auctions for industrial steel scrap (ferrous/non-ferrous), byproducts (slag, dust), or secondary steel. Develop marketing strategies for auction events.
- Platform Management: Conduct online or live auctions, acting as the liaison between the company and bidders, often using e-commerce or ERP systems (e.g., SAP, Google Cloud).
- Lead Generation & Relationship Management: Identify, build, and maintain long-term relationships with scrap yards, recyclers, and other buyers.
- Negotiation & Closing: Negotiate terms of sale with the highest bidders and ensure contractual compliance.
- Market Intelligence: Monitor global and local steel scrap market trends, competitor pricing, and demand-supply fluctuations.
- Documentation & Logistics:



Coordinate documentation, including invoicing, and liaison with internal teams for logistics and prompt dispatch of auctioned items.
- Performance Reporting: Prepare sales forecasts, pipeline reports, and Management Information Systems (MIS) reports for senior management.

Required Skills & Qualifications
- Experience: 2–5 years of experience, ideally in steel manufacturing or trading, with specific knowledge of scrap sales or e-auction platforms.
- Industry Knowledge: Robust understanding of steel products, metallurgical byproducts, and the supply chain.
- Technical Skills: Proficiency in ERP systems (e.g., SAP).
- Communication & Negotiation: Excellent interpersonal skills for high-stakes negotiation with buyers.
- Analytical Skills: Ability to analyze market trends and maximize net realization from sales.

Key Performance Indicators (KPIs)
- Achieving sales revenue and volume targets.
- Maximizin

📌 Auction Executive For Steel Manufacturing (Raipur)
🏢 Vinayak Outsourcing Works
📍 Raipur