Procurement Manager

Job Description

Title: Procurement Manager

Company Name: MA Tayab Limited

Vacancy: 1

Age: Na

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 5 years

• Bachelor’s degree in Business Administration, Supply Chain Management, Logistics, or a related field. (Master`s degree or professional certifications like CIPS or CPM is a plus.)

• At least 5 years

• Minimum of 5 years of experience in procurement, supply chain, or purchasing, with at least 2 years in a managerial role.

• Strong negotiation and communication skills.

• Analytical skills with proficiency in procurement software and Microsoft Office Suite.

• Knowledge of local and international supply chain regulations and standards.

• Problem-solving and decision-making ability.

• Strong organizational and project management skills.

• Ability to work effectively under pressure and meet deadlines.

• High ethical standards and professional integrity.

Job Overview

The Procurement Manager will be responsible for overseeing the company`s procurement activities to ensure timely, cost-effective, and quality supply of goods and services. This position requires strong analytical skills, negotiation abilities, and a solid understanding of supply chain management. The Procurement Manager will work closely with various departments to understand their procurement needs and ensure compliance with organizational policies.

Responsibilities:

Procurement Strategy & Planning:

• Develop and implement a procurement strategy that aligns with the company’s goals and objectives.

• Conduct market research to identify potential suppliers and maintain a database of qualified vendors.

Vendor Management:

• Build and maintain relationships with suppliers, negotiating contracts and terms of service to secure the best possible deals.

• Monitor supplier performance and conduct regular evaluations to ensure quality standards and reliability.

Cost Management:

• Ensure cost-effectiveness by analyzing price trends and purchasing patterns, achieving budgeted cost savings and maintaining cost efficiency.

• Develop policies for controlling procurement costs and reducing unnecessary expenditures.

Inventory Control:

• Coordinate with the inventory and warehouse teams to maintain optimal stock levels and prevent shortages or overstock situations.

• Implement inventory control systems to manage material availability efficiently.

Contract & Compliance Management:

• Prepare, review, and negotiate contracts with suppliers, ensuring adherence to company policies and regulatory requirements.

• Ensure procurement activities comply with internal guidelines, ethical standards, and relevant regulations.

Risk Management:

• Identify risks within the procurement process and implement mitigation strategies to ensure business continuity.

• Work with cross-functional teams to manage supply chain risks related to demand, availability, and pricing.

Reporting & Analysis:

• Track key performance indicators (KPIs) for procurement processes and generate reports for senior management.

• Analyze procurement data to identify areas for process improvements and make data-driven decisions.

• Competitive salary based on experience.

• Health and wellness benefits.

• Professional development opportunities.