Job Description
Forward Auction Management
- Manage the complete Forward e‑Auction lifecycle from receipt of request to post‑auction closure
- Review and validate auction inputs received from Business Units / Scrap Committees, including lot details, specifications, quantities, photographs, commercial and tax information
- Ensure auctions are conducted strictly as per approved Forward Auction policies and SOPs
Catalogue & Auction Readiness
- Oversee review, of auction catalogues with accurate technical and commercial details
- Ensure timely completion of pre‑auction activities such as inspections, bidder queries, EMD confirmation, and catalogue circulation
- Coordinate with auction platforms to ensure readiness and adherence to timelines
Stakeholder & Vendor Coordination
- Act as the single point of contact (SPOC) between GCC/GCP, Business Units, Scrap Committees, Value Added Service (VAS) providers, and Valuers
- Coordinate with empaneled auction service providers for auction setup, execution, and reporting
- Liaise with valuers for reserve price determination where applicable
- Manage internal stakeholders from business and Central team leaders
Auction Execution & Governance
- Monitor live auctions to ensure fairness, transparency, and procedural compliance
- Validate bids received and share auction outcomes with relevant stakeholders for approval
- Manage re‑auction cases in line with policy guidelines
Post‑Auction & Closure Activities
- Share finalized auction reports and recommendations with Business Units / Scrap Committees
- Coordinate issuance of LOI / Sale Orders with concerned teams
- Track payment realization, material lifting status, deviations, and auction closure
- Maintain complete documentation for audit and governance purposes
MIS & Continuous Improvement
- Prepare and publish MIS reports and dashboards on auction performance, realization, bidder participation, and re‑auction trends
- Identify opportunities for process standardization, centralization, and efficiency improvement
- Support management reviews and audits related to Forward Auction activities
Key Skills & Competencies
- Strong knowledge of Forward e‑Auction processes
- Understanding of materials, business acumen
- Stakeholder and vendor management skills
- Strong Digital Transformation and AI driven automation mind set
- Techno‑commercial understanding of scrap, waste, and asset disposal
- High attention to detail with strong governance mindset
- Effective communication, coordination, and follow‑up skills
- Proficiency in MIS reporting and data analysis
Qualification & Experience
- Education: Graduate / Post‑Graduate in Engineering, Management, Commerce, Supply Chain or equivalent
- Experience:
- 6–10 years of relevant experience
- Prior exposure to Forward Auctions, Scrap Sales, Asset Disposal, or E‑Procurement preferred
