Junior Trader - Spices - Turmeric

Company Overview

Job Overview

Qualifications And Skills

• Expertise in turmeric and spices with in-depth knowledge of sourcing, market trends, and trading practices (Mandatory skill).
• Strong experience and demonstrated proficiency in turmeric trading, including an ability to analyze market dynamics and negotiate effectively.
• Prior experience in drafting and reviewing supplier contracts to ensure compliance with internal policies, legal standards, and risk mitigation.
• Solid vendor management skills for building reliable relationships and maintaining high-quality supplier performance across the value chain.
• Data management skills, including tracking inventory, analyzing pricing trends, and using digital tools for effective decision-making.
• Ability to coordinate with cross-functional teams, ensuring seamless logistics and on-time procurement to meet business objectives.
• Strong communication, negotiation, and problem-solving abilities to interact with manufacturers, farmers, and merchants involved in spice trading.
• Proficient in preparing reports, maintaining documentation, and ensuring compliance with quality and regulatory standards in the turmeric sector.
• Deep knowledge and hands-on experience in spices, with an emphasis on turmeric as a crucial commodity within the retail supply chain (Mandatory skill).
  

Roles And Responsibilities

• Source, negotiate, and trade turmeric and related spices from suppliers, ensuring timely procurement and quality standards.
• Draft and review supplier contracts, ensuring compliance with legal, commercial, and company-specific requirements.
• Build and maintain strong relationships with vendors, manufacturers, and farmers, fostering supply chain efficiency and partnership.
• Analyze market trends, pricing, and inventory levels to make informed trading and purchasing decisions in alignment with company objectives.
• Oversee all aspects of vendor management, including supplier evaluation, performance monitoring, and dispute resolution.
• Manage and maintain accurate data relating to procurement, trading volumes, and market analysis for periodic reporting.
• Coordinate with logistics, quality assurance, and warehouse teams for timely delivery and adherence to quality parameters.
• Proactively identify and mitigate risks in the supply chain, ensuring business continuity and compliance with regulatory policies.