Executive/ Senior Executive- Procurement

Job Description

Title: Executive/ Senior Executive- Procurement

Company Name: Blossom Group of Companies

Vacancy: 2

Age: 25 to 33 years

Job Location: Dhaka (GULSHAN 2)

Salary: Negotiable

Experience:

• 2 to 4 years
• The applicants should have experience in the following business area(s): Textile, Agro based firms (incl. Agro Processing/Seed/GM), Packaging Industry, Spinning, Food (Packaged)

• Bachelor of Business Administration (BBA) in Supply Chain Management
• Master of Business Administration (MBA)

• 2 to 4 years
• The applicants should have experience in the following business area(s): Textile, Agro based firms (incl. Agro Processing/Seed/GM), Packaging Industry, Spinning, Food (Packaged)

• Age 25 to 33 years

• Manage the end-to-end procurement process, from sourcing to delivery.

• Identify and evaluate potential suppliers and vendors.

• Prepare and process purchase orders, ensuring accuracy and compliance with company policies.

• Develop and maintain strong relationships with suppliers and vendors.

• Negotiate terms, pricing, and contracts to achieve cost savings and favorable terms.

• Monitor supplier performance and address any issues related to quality, delivery, and service.

• Monitor inventory levels to ensure an adequate supply of materials.

• Coordinate with the inventory management team to forecast demand and plan procurement accordingly.

• Implement inventory control measures to minimize overstock and stockouts.

• Manage and adjust Internal Orders and Usage (IOU) to align with production and operational requirements.

• Reconcile IOUs with inventory and ensure accurate record-keeping.

• Conduct regular market visits to identify new suppliers, evaluate product quality, and negotiate prices.

• Gather market intelligence and stay updated on market trends, pricing, and availability of materials.

• Coordinate with suppliers for the timely collection of products and materials.

• Ensure the proper handling, storage, and transportation of collected products to maintain quality.

• Analyze procurement costs and identify opportunities for cost reduction.

• Implement cost-saving initiatives and best practices in procurement.

• Monitor and report on procurement expenses and budget compliance.

• Ensure compliance with all relevant procurement policies, procedures, and regulations.

• Maintain accurate and up-to-date procurement records and documentation.

• Coordinate with legal and finance teams to ensure contractual and financial compliance.

• Conduct market research to identify new suppliers, products, and industry trends.

• Analyze market conditions to inform procurement strategies and decisions.

• Provide insights and recommendations to senior management based on market analysis.

• Work closely with other departments, including production, logistics, and quality control, to ensure seamless operations.

• Collaborate with the sales and marketing teams to understand customer requirements and align procurement activities.

• Participate in cross-functional teams and projects as needed.

• Prepare regular reports on procurement activities, including supplier performance, cost savings, and inventory levels.

• Track and report key performance metrics related to procurement.

• Provide insights and recommendations to improve procurement efficiency and effectiveness.

• T/A,Mobile bill
• Lunch Facilities: Full Subsidize
• Salary Review: Yearly
• Festival Bonus: 2

• Alternative Saturday Day off.

• Provide All Govt. Holidays.