Purchasing Executive

Job Description

Title: Purchasing Executive

Company Name: Tung Hing (Bangladesh) MFY Limited

Vacancy: 01

Age: 28 to 35 years

Job Location: Cumilla (Cumilla Adarsha Sadar)

Salary: Negotiable

Experience:

• 5 to 7 years
• The applicants should have experience in the following business area(s): Garments

• Masters degree in any discipline in Supply Chain Management

• 5 to 7 years
• The applicants should have experience in the following business area(s): Garments

• Age 28 to 35 years

• Strong leadership skills and proven experience in staff development `Hand on` approach to all tasks

• Ability to take a proactive approach to overcome challenges and achieve results Versatile, tenacious and people orientated Result orientated and confident Proven appreciation of customer service expectations and cost demands of business Commercial and financial acumen

• Product knowledge (cost structure, lead time, technical features) Negotiation skills (Techno commercial negotiations, Cost Saving initiatives) Analyze applicability and impact of taxes and duties on procurement items with respect to different sourcing locations.

• Basic knowledge of transport, insurance, supplier market and L/C. Excellent written and oral communication skills in English. Advance IT skill (especially in Excel, Pivot, Words...etc.);

• Management of assigned contracts, having responsibility, for bench marking, quality assurance and service levels initiating corrective action as required.

• Purchasing of raw materials/ process of materials/ contract management Facilitate the interaction with local suppliers and other service functions

• Compile offers and get Technical Recommendation Formulate negotiation strategy and get clearance to negotiate prices and terms and place order with Schedules

• Ensure smooth supply of items to enable uninterrupted production Achieving targeted saving with qualified product.

• Coordinate with all user departments / internal customers and other colleagues. Assist with the provision of advice to the Company and its managements on matters concerning legislation, environmental, best procurement practices, new products and market trends.

• Prepare MIS and weekly / monthly review with Reporting Managers / Sr. Management to resolve all purchase issues and coordinate with internal customers (user dept.) / Supply Vendors / Freight Vendors/ accounts payable department to process all invoices against Short supply, Rejections poor quality and inferior performances, Pending payments, expediting delivery etc.

• Developing subordinates skills and competencies and defines development needs Sets priorities taking into account short and long-term needs of the business.

• Festival Bonus: 2

As per company policy