CRRM Director ( Saudi National)

Location: Jeddah, state, Saudi Arabia
Date Posted: 21-01-2018
To provide the Business Units of the client with insightful market reading of their strategic commodities (edible oils, sugar, wheat, etc.), and make recommendations using Commodity Research and price these commodities to help reduce their buying costs, while at the same time manage the exposure to their international price fluctuations using Risk Management. The cost of these commodities constitute about 80% of the total cost of the finished packed products.

 To monitor and evaluate the market dynamics and price movement of client strategic commodities: palm, soy, corn, sunflower, canola, and olive oils; sugar; wheat; etc.,  in addition to all related outside markets such as crude petroleum, US dollar index, etc. 
To provide proper recommendations for these strategic raw materials for all client Business Units. The recommendations are based on generating buying signals using: Decision Support System (DSS); price forecasting models; and trading algorithms that incorporate both technical and fundamental analyses.
To contribute to the generation of savings to the business units out of these recommendations 
To implement measures to check the models and systems performance to calculate monthly savings of client business units vs. the hand-to-mouth buyers. 
To Monitor Client's business units commodities’ requirements to ensures coverage and to calculate deadlines and rollover costs. 
To Investigate new developments (such as Trans Fat, GMO, Bio-fuel, Ethanol, etc.) which affect client commodities and their market dynamics 
To Supervise and guide the daily work and projects carried out by subordinates on the preparation of market dynamic reports and implementation of the DDS/trading systems etc.
Kind Regards,

Jobskey Consultancy

Saudi Arabia
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