Executive/ Senior Executive (Sourcing)
Job Description
Title: Executive/ Senior Executive (Sourcing)
Company Name: Masco Bazar Ltd.
Vacancy: Not specific
Job Location: Dhaka (Uttara)
Employment Status: Full-time
Educational Requirements:
∎ Bachelor's/Master Degree in Business, Procurement, Supply Chain, Economics, Finance.
Experience Requirements:
∎ 3 to 7 year(s)
∎ The applicants should have experience in the following area(s):
Sourcing, supply chain management
∎ The applicants should have experience in the following business area(s):
E-commerce
Job Responsibilities:
∎ With direction from the CBO, plans and coordinates the sourcing activities.
∎ Be responsible to source and deliver the best products in terms of designs or unique products on time and implement stringent quality standards to ensure the quality products.
∎ Analyze industry trends and evolving fashion trends and submit a report to CBO to identify potential vendors to ensure continuity of supply, minimize risk of product not available and exploit emerging opportunities that are beneficial to the company.
∎ Work closely with suppliers / vendors to ensure timely delivery of products, replenishment of stock, re-orders and ensure the products promoted are available with vendors.
∎ Follow up with suppliers / vendors to ensure timely delivery of products to fulfill customer orders.
∎ Evaluation of all sorts of quality while sourcing of products and co-ordinate with creative team to get the products photographed and arrange for upload.
∎ Develop sourcing plans, allocate resources, identify potential issues/threats and develop contingency plans.
∎ Sourcing and development of new vendors and retain existing vendors.
∎ Manage the sampling and product approval process.
∎ Provide market information to Marketing & Procurement teams in identifying right products, new product line and categories.
∎ Work with marketing team to discuss and finalize on seasonal product line / categories.
∎ Pro-actively manage the re-ordering of products on time and ensure the products promoted are available with vendors.
∎ Work closely with Purchase, Inventory management and Marketing team on reordering of fast-moving products, returning non-moving products, etc.
∎ Ensuring the product line purchased are in line with trend and requirement.
∎ Identify potential vendors to ensure continuity of supply, minimize risk of product not available and exploit emerging opportunities that are beneficial to the company.
∎ Conduct supplier analysis and evaluate potential vendors based on quality of products, best possible price, volume of discounts and delivery standards.
∎ Evaluate supplier core competencies.
∎ Identify ways to reduce costs and devise plan of action that are focused on creating greater efficiencies, economies of scale and better-quality products.
∎ Develop a negotiation strategy that shall impact the pricing, and delivery timeline.
∎ Establish relationships with suppliers to achieve sustainable business advantage.
∎ Implement supplier agreements/contracts by working with cross-functional stakeholders and suppliers to reach agreement on contract terms and conditions.
∎ Renegotiate, renew and discontinue supplier contracts.
Additional Requirements:
∎ Both males and females are allowed to apply
∎ Minimum 3-7 years of experience in sourcing.
∎ Data analytics, retail experience (Preferred).
∎ Advanced sourcing and procurement knowledge with pragmatism to manage expectations.
∎ Willingness to travel.
∎ Strong communication, negotiation skills.
∎ Eye for the right product.
∎ Solid research, data reporting and analysis skills.
∎ CPM/CPSM (Preferred).
∎ Proficiency in Microsoft Outlook, Word, Excel and PowerPoint.
∎ Having knowledge in Sourcing & procurement technology.
∎ SharePoint proficiency preferred.
∎ Prior experience within IT & eCommerce categories (retail a plus).
∎ Strong negotiation skills and ability to influence others.
∎ Knowledge of legal contract terminology and general financial skills.
∎ Solid research, data reporting and analysis skills.
∎ Great relationship builder with internal managers and their staff.
∎ Good prioritization and organizational skills.
Salary: Negotiable
Compensation & Other Benefits:
∎ Mobile bill
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ Attractive compensation & benefit packages.
∎ Earn leave encashment.
∎ Corporate Environment.
Application Deadline: 7 Aug 2020
Company Information:
∎ 27 Jul 2020
∎ Masco Bazar Ltd.
Category: Commercial/Supply Chain
Source: bdjobs.com
Deadline Expired on 7th Aug 2020
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