Executive/ Sr. Executive, Product Sourcing (ACI Premio Plastics)

Job Description

Title: Executive/ Sr. Executive, Product Sourcing (ACI Premio Plastics)

Company Name: Advanced Chemical Industries Limited (ACI)

Vacancy: --

Location: Dhaka

Salary: Negotiable

Experience:
∎ 2 to 5 years
∎ The applicants should have experience in the following business area(s):Plastic/ Polymer Industry

Published: 1 Oct 2024

Education:
∎ Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
∎ Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.

Requirements:

Additional Requirements:
∎ 2-5 years of relevant experience in local procurement, preferably in the plastic goods manufacturing industry or similar sectors.
∎ Experience in sourcing materials for plastic furniture or toys will be a plus.
∎ Strong negotiation and communication skills.
∎ Proficiency in procurement software and MS Office Suite.
∎ Ability to analyze market trends and make informed procurement decisions.
∎ Detail-oriented with strong organizational and time management skills.
∎ Ability to work under pressure and meet deadlines.
∎ 2-5 years of relevant experience in local procurement, preferably in the plastic goods manufacturing industry or similar sectors.
∎ Experience in sourcing materials for plastic furniture or toys will be a plus.
∎ Strong negotiation and communication skills.
∎ Proficiency in procurement software and MS Office Suite.
∎ Ability to analyze market trends and make informed procurement decisions.
∎ Detail-oriented with strong organizational and time management skills.
∎ Ability to work under pressure and meet deadlines.

Responsibilities & Context:
∎ Local Procurement:Source and procure raw materials, components, and accessories such as plastic parts, screws, hinges, and other related materials for the production of plastic furniture and toys.Identify and evaluate potential local suppliers, negotiate terms, and ensure the best possible prices without compromising on quality.
∎ Source and procure raw materials, components, and accessories such as plastic parts, screws, hinges, and other related materials for the production of plastic furniture and toys.
∎ Identify and evaluate potential local suppliers, negotiate terms, and ensure the best possible prices without compromising on quality.
∎ Supplier Management:Build and maintain strong relationships with local suppliers, ensuring consistent and timely delivery of required items.Regularly assess supplier performance based on pricing, quality, and delivery timelines.
∎ Build and maintain strong relationships with local suppliers, ensuring consistent and timely delivery of required items.
∎ Regularly assess supplier performance based on pricing, quality, and delivery timelines.
∎ Cost Optimization:Implement cost-saving initiatives by analyzing procurement costs and negotiating contracts that provide the best value to the company.Conduct regular market analysis to stay updated on price trends and alternative sourcing options.
∎ Implement cost-saving initiatives by analyzing procurement costs and negotiating contracts that provide the best value to the company.
∎ Conduct regular market analysis to stay updated on price trends and alternative sourcing options.
∎ Inventory Coordination:Collaborate with the production and inventory teams to monitor stock levels and forecast material requirements.Ensure timely procurement of parts and materials to avoid production delays.
∎ Collaborate with the production and inventory teams to monitor stock levels and forecast material requirements.
∎ Ensure timely procurement of parts and materials to avoid production delays.
∎ Quality Assurance:Ensure that all sourced materials and components meet the company’s quality standards and comply with regulatory requirements.Work closely with the Quality Control team to address any issues related to sourced products.
∎ Ensure that all sourced materials and components meet the company’s quality standards and comply with regulatory requirements.
∎ Work closely with the Quality Control team to address any issues related to sourced products.
∎ Documentation & Reporting:Maintain accurate records of all procurement activities, including purchase orders, invoices, and supplier contracts.Prepare and submit periodic reports on sourcing activities, supplier performance, and cost analysis.
∎ Maintain accurate records of all procurement activities, including purchase orders, invoices, and supplier contracts.
∎ Prepare and submit periodic reports on sourcing activities, supplier performance, and cost analysis.
∎ Compliance & Risk Management:Ensure all sourcing activities comply with the company’s procurement policies and relevant legal requirements.Identify potential risks in the supply chain and take proactive measures to mitigate them.
∎ Ensure all sourcing activities comply with the company’s procurement policies and relevant legal requirements.
∎ Identify potential risks in the supply chain and take proactive measures to mitigate them.
∎ Job Context:ACI Premio Plastics, which is one of the leading plastics manufacturers in Bangladesh. It is looking for a suitable job incumbent who will be sourcing and procuring various parts, components, and accessories required for the production of plastic furniture and toys. This role involves working closely with suppliers, negotiating prices, and ensuring that all procurement activities align with company quality standards and cost-effectiveness. The role focuses primarily on local sourcing to meet production demands efficiently.For more information about ACI Premio Plastics, log into: https://www.acipremioplastics.com/Key Responsibilities:
∎ Local Procurement:
∎ Source and procure raw materials, components, and accessories such as plastic parts, screws, hinges, and other related materials for the production of plastic furniture and toys.
∎ Identify and evaluate potential local suppliers, negotiate terms, and ensure the best possible prices without compromising on quality.
∎ Supplier Management:
∎ Build and maintain strong relationships with local suppliers, ensuring consistent and timely delivery of required items.
∎ Regularly assess supplier performance based on pricing, quality, and delivery timelines.
∎ Cost Optimization:
∎ Implement cost-saving initiatives by analyzing procurement costs and negotiating contracts that provide the best value to the company.
∎ Conduct regular market analysis to stay updated on price trends and alternative sourcing options.
∎ Inventory Coordination:
∎ Collaborate with the production and inventory teams to monitor stock levels and forecast material requirements.
∎ Ensure timely procurement of parts and materials to avoid production delays.
∎ Quality Assurance:
∎ Ensure that all sourced materials and components meet the company’s quality standards and comply with regulatory requirements.
∎ Work closely with the Quality Control team to address any issues related to sourced products.
∎ Documentation & Reporting:
∎ Maintain accurate records of all procurement activities, including purchase orders, invoices, and supplier contracts.
∎ Prepare and submit periodic reports on sourcing activities, supplier performance, and cost analysis.
∎ Compliance & Risk Management:
∎ Ensure all sourcing activities comply with the company’s procurement policies and relevant legal requirements.
∎ Identify potential risks in the supply chain and take proactive measures to mitigate them.

Compensation & Other Benefits:
∎ Mobile bill, Medical allowance, Provident fund, Gratuity, Insurance
∎ Salary Review: Yearly
∎ Festival Bonus: 2

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka

Company Information:
∎ Advanced Chemical Industries Limited (ACI)
∎ ACI Centre, 245 Tejgaon Industrial Area, Dhaka-1208.
∎ Pharmaceuticals; Agribusiness; Consumer Brands.

Address::
∎ ACI Centre, 245 Tejgaon Industrial Area, Dhaka-1208.
∎ Pharmaceuticals; Agribusiness; Consumer Brands.

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 31 Oct 2024

Category: Commercial/Supply Chain

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