Title: Manager/ Sr. Manager- Procurement
Company Name: Meghna Group of Industries.
Vacancy: Not specific
Job Location: Dhaka (Gulshan)
Employment Status: Full-time
Educational Requirements:
∎ Masters in any business discipline.
Experience Requirements:
∎ At least 10 year(s)
∎ The applicants should have experience in the following area(s):
Local Procurement, Purchase/ Procurement
∎ The applicants should have experience in the following business area(s):
Group of Companies, Manufacturing (FMCG)
Job Responsibilities:
∎ Vendor Management: Identify, evaluate, and onboard reliable suppliers/vendors. Negotiate contracts, terms, and pricing agreements while maintaining positive relationships with local key suppliers. Monitor vendor performance, conduct regular assessments, and address any issues to ensure adherence to service level agreements (SLAs) and quality standards.
∎ Purchase Planning: Collaborate with internal stakeholders to understand their purchase requirements and create procurement plans accordingly. Anticipate demand, conduct market research, and analyze pricing trends to optimize procurement decisions and achieve cost savings without compromising quality.
∎ Purchase Order Processing: Manage the end-to-end purchase order process, ensuring accurate and timely creation, review, approval, and placement of purchase orders. Coordinate with internal departments, such as Finance and Operations, to ensure proper budget allocation and alignment with organizational policies and procedures.
∎ Cost Control and Negotiation: Identify opportunities to reduce procurement costs through strategic sourcing, volume discounts, alternative suppliers, and process improvements. Negotiate favorable terms, prices, and contracts with vendors while maintaining quality standards and timely delivery.
∎ Inventory Management: Collaborate with relevant stakeholders to forecast demand, manage stock levels, and optimize inventory. Implement effective inventory control mechanisms, monitor stock movements, and address any inventory-related issues to avoid stockouts or excess inventory.
∎ Compliance and Risk Management: Ensure compliance with applicable laws, regulations, and company-approved procurement policies. Establish robust internal controls to mitigate risks related to procurement activities, such as fraud, corruption, and conflicts of interest. Stay updated on relevant regulations and implement necessary changes.
∎ Team Leadership and Development: Lead and manage a team of procurement professionals, providing guidance, coaching, and support. Set performance objectives, conduct regular performance evaluations, and foster a collaborative and high-performing team culture.
∎ Process Improvement: Evaluate and improve procurement processes and workflows to enhance efficiency, accuracy, and transparency. Leverage technology and automation tools to streamline processes, improve data analytics, and optimize procurement outcomes.
∎ Reporting: Generate regular procurement reports, metrics, monitor key trends, and provide insights to senior management. Utilize data-driven approaches to drive decision-making and support strategic initiatives of the management.
Additional Requirements:
∎ Age at least 35 years
∎ Candidates with practical experience in ERP/ other software-based procurement & purchase activities will get preference.
∎ Negotiation skills with vendors/Suppliers.
∎ Excellent verbal & written communication skills in both English & Bengali.
∎ Proven skills in MS Word, Excel, PowerPoint and email communication.
∎ Candidates with having engineering background (BSc. in Mechanical) will be preferable.
∎ Data Management Skill.
Salary: Negotiable
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 17 Jun 2023
Company Information:
∎ 10 Jun 2023
∎ Meghna Group of Industries.
∎ Address : Fresh Villa, House # 15, Road # 34, Gulshan 1, Dhaka-1212. or FMCG Office, House # 23, Road # 24, Gulshan 2, Dhaka-1212.
∎ Web : www.mgi.org
∎ Business : Meghna Group of Industries is one of the leading business conglomerates in Bangladesh having modern manufacturing facilities & plants for Cement, Beverage, Tissue & hygiene products, Full Cream Milk Powder, Condensed Milk, Steel, Edible Oils, Atta, Maida, Suzi, Water, Paper, Mustard Oil, Spices, PP Woven Bag, Poultry Feeds, LPG, Aviation & Power Plant, etc.
Category: Commercial/Supply Chain
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