Ingredients Trader

Job Description

This is a full-time, on-site role for an Ingredient Trader, located in Mumbai . The Ingredient Trader will be responsible for sourcing and trading ingredients in India, achieve sales targets, negotiating contracts, managing supplier relationships, monitoring market trends, and ensuring compliance with quality standards. Key Responsibilities: Sourcing and Procurement: Identifying and securing reliable suppliers of ingredients to meet customer demands. Market Analysis: Monitoring market trends, competitor activities, and potential risks to inform trading decisions. Negotiation and Contract Management: Negotiating favorable prices and contract terms with suppliers and customers, ensuring legal compliance. Risk Management: Developing and implementing hedging strategies to mitigate price fluctuations and other market risks. Logistics: Ensuring timely and cost-effective transportation of ingredients. Reporting and Communication: Preparing and presenting sales reports, forecasts, and market analyses to management. Relationship Building: Maintaining strong relationships with suppliers, customers, and internal teams. Skills and Qualifications: Analytical skills: Ability to interpret market data and trends to make informed decisions. Negotiation skills: Strong ability to negotiate favourable contracts and agreements. Communication skills: Excellent written and verbal communication skills for interacting with internal and external stakeholders. Problem-solving skills: Ability to identify and resolve issues that may arise during trading. Knowledge of commodity markets: Understanding of pricing mechanisms, supply chain dynamics, and regulatory requirements. Experience in sales and trading: Proven track record of meeting or exceeding sales targets. REQUIRED QUALIFICATIONS AND EXPERIENCE: Bachelor's degree in Food Technology, Food Science, or a related field. Relevant experience in sales, preferably in the food ingredients industry. Experience with key account management and/or B2B sales