Position: Iron Pellets Manager
Department: Raw Materials / Procurement / Commercial
Industry: Steel, Iron & Mining
Experience: 5-10 years preferred
1. Job objective
The Iron Pellets Manager at Varahi TMT will be responsible for managing iron pellet procurement, supplier relationships, quality assessment, pricing, inventory, logistics, and supply planning. The role ensures consistent availability of quality iron ore pellets at competitive costs to meet the company's business and operational requirements.
2. Key job responsibilities
1. Procurement and sourcing
- Identify and develop reliable iron pellet manufacturers, suppliers, and traders.
- Plan procurement based on production requirements, customer demand, and stock availability.
- Negotiate purchase prices, payment terms, and supply contracts.
2. Quality management
- Understand iron pellet specifications, including total Fe, FeO, silica, alumina, phosphorus, moisture, and size distribution.
- Review laboratory test reports and quality certificates.
- Coordinate sampling, inspection, quality approvals, and supplier claims.
- Ensure purchased pellets meet the company's approved specifications.
3. Supplier and vendor management
- Maintain relationships with pellet plants, suppliers, and transporters.
- Evaluate vendors on quality, price, reliability, and delivery performance.
- Resolve supply shortages, quality disputes, and delivery-related issues.
4. Pricing and cost control
- Monitor iron pellet market prices, availability, and industry trends.
- Calculate landed cost per tonne, including freight and applicable handling charges.
- Identify cost-saving opportunities through negotiation and sourcing optimization.
- Track procurement budgets and cost variations.
5. Inventory and stock management
- Monitor pellet stock levels, inward receipts, consumption, and dispatches.
- Reconcile physical stock with ERP or stock records.
- Coordinate with stores and production teams to prevent shortages or excess inventory.
- Investigate material losses, shortages, and stock discrepancies.
6. Logistics and transportation
- Coordinate truck placement, transportation, loading, unloading, and delivery schedules.
- Verify weighbridge slips, invoices, delivery challans, and applicable mineral transit documents.
- Monitor freight expenses, transit delays, and material handling losses.
7. Documentation and reporting
- Maintain purchase orders, supplier records, quality certificates, invoices, and delivery documents.
- Prepare daily, weekly, and monthly procurement and inventory reports.
- Report price movements, stock positions, supplier performance, and cost trends to management.
8. Coordination and compliance
- Work closely with accounts, logistics, production, quality control, and senior management.
- Ensure procurement and transportation activities follow company policies and applicable statutory requirements.
- Support audits and maintain accurate commercial documentation.
3. Required skill set
Technical skills
Iron pellet grades, Fe content, FeO, moisture, gangue impurities, size distribution, pellet strength and laboratory reports.
Procurement skills
Supplier sourcing, purchase planning, vendor evaluation, contract management and commercial negotiation.
Costing and pricing
Landed cost per tonne, freight calculation, procurement budgeting and market price analysis.
Inventory management
Stock reconciliation, material planning, stock turnover, consumption tracking and ERP records.
Logistics knowledge
Bulk transportation, truck planning, weighbridge operations, delivery scheduling and freight control.
Software skills
MS Excel, ERP systems, inventory management software and MIS reporting.
Managerial skills
Team leadership, decision-making, communication, problem-solving and cross-functional coordination.
Compliance knowledge
Purchase documentation, quality certificates, invoicing and applicable mineral transportation regulations.
4. Educational qualifications and experience
- Education: Degree or diploma in Metallurgy, Mining, Mineral Processing, Engineering, Commerce, or a related field.
- Experience: Typically 5-10 years in iron pellet procurement, raw materials management, steel manufacturing, or bulk commodity trading.
- Industry preference: Steel plants, pellet plants, iron ore trading companies, or industrial raw material procurement.
- Additional advantage: Established supplier network, knowledge of pellet market pricing, and experience in negotiating bulk procurement contracts.
5. Key performance indicators (KPIs)
KPI Expected outcome
Procurement cost Competitive landed cost per tonne
Quality compliance Pellets meet approved specifications
Supply continuity Timely availability of required material
Inventory accuracy Reliable physical and system stock records
Supplier performance Improved quality and delivery reliability
Logistics efficiency Lower freight costs and reduced transit delays
Documentation Accurate and timely procurement records
Key Skills Required - Iron Pellets Manager | Varahi TMT
Strong knowledge of iron ore pellets, grades, specifications, and quality parameters.
Expertise in pellet procurement, supplier sourcing, and vendor management.
Experience in price negotiation, landed cost calculation, and procurement cost control.
Knowledge of pellet quality testing, sampling, laboratory reports, and quality assurance.
Proficiency in inventory management, stock reconciliation, and material planning.
Experience in bulk logistics, transportation, freight negotiation, and weighbridge operations.
Proficiency in MS Excel, ERP systems, and MIS reporting.
Strong communication, leadership, analytical, and negotiation skills.
Knowledge of commercial documentation and applicable statutory compliance.
Relevant experience in the steel, mining, pellet, or iron ore industry preferred.
Experience: 5-10 years preferred, depending on role seniority.
Experience
10 - 20 Years
No. of Openings
2
Education
Graduate (Professional Degree)
Role
Iron Pellets Manager
Industry Type
Metal / Mining / Iron & Steel / Minerals / Mining
Gender
Male
Job Country
India
Type of Job
Full Time
Work Location Type
Work from Office
Face Interview Location
Ashiana Trade Center adityapur