Title: Manager (Procurement)
Company Name: Premier 1888 Ltd.
Vacancy: 01
Age: Na
Job Location: Chattogram (Chattogram EPZ)
Salary: Negotiable
Experience: --
Published: 2026-06-25
Application Deadline: 2026-07-25
Education:
Requirements: --
Skills Required:
Additional Requirements:
Responsibilities & Context:
Key Responsibilities:
Source local yarn from various local spinning mills through both cash purchases and supplier contacts.
Monitor and follow up on the shipment status of imported yarn to ensure timely delivery.
Coordinate and follow up on Letters of Credit (LCs) and supplier payments with the relevant departments.
Work closely with suppliers and internal teams to ensure yarn quality standards and required certifications are maintained.
Collaborate with cross-functional teams, including Commercial, Planning, Production, Quality, and Accounts & Finance departments.
Coordinate shipment scheduling and logistics activities to minimize port demurrage and related costs for imported yarn.
Liaise regularly with the Yarn Procurement Team regarding sourcing, shipment, and supply matters.
Work closely with the Planning Department to ensure timely yarn procurement based on production requirements.
Continuously monitor yarn market trends, pricing, and volatility to support cost-effective purchasing decisions.
Maintain strong relationships with local and international suppliers to ensure uninterrupted yarn supply.
Prepare procurement reports, market analyses, and cost comparison statements for management review.
Ensure compliance with company procurement policies, procedures, and ethical sourcing practices.