Senior Executive / Executive - Sourcing

Job Description

Title: Senior Executive / Executive - Sourcing

Company Name: Masco Bazar Ltd.

Vacancy: 01

Job Location: Dhaka (Uttara)

Employment Status: Full-time

Educational Requirements:
∎ Bachelor's/Master Degree from any reputed institution.

Experience Requirements:
∎ At least 3 year(s)
∎ The applicants should have experience in the following area(s): Sourcing, supply chain management
∎ The applicants should have experience in the following business area(s): E-commerce

Job Responsibilities:
∎ With direction from the CBO, plans and coordinates the sourcing activities.
∎ Be responsible to source and deliver the best products in terms of designs or unique products on time and implement stringent quality standards to ensure the quality products.
∎ Analyze industry trends and evolving fashion trends and submit a report to CBO to identify potential vendors to ensure continuity of supply, minimize risk of product not available and exploit emerging opportunities that are beneficial to the company.
∎ Work closely with suppliers / vendors to ensure timely delivery of products, replenishment of stock, re-orders and ensure the products promoted are available with vendors.
∎ Follow up with suppliers / vendors to ensure timely delivery of products to fulfill customer orders.
∎ Evaluation of all sorts of quality while sourcing of products and co-ordinate with creative team to get the products photographed and arrange for upload.
∎ Develop sourcing plans, allocate resources, identify potential issues/threats and develop contingency plans.
∎ Sourcing and development of new vendors and retain existing vendors.
∎ Manage the sampling and product approval process.
∎ Provide market information to Marketing & Procurement teams in identifying right products, new product line and categories.
∎ Work with marketing team to discuss and finalize on seasonal product line / categories.
∎ Pro-actively manage the re-ordering of products on time and ensure the products promoted are available with vendors.
∎ Work closely with Purchase, Inventory management and Marketing team on reordering of fast-moving products, returning non-moving products, etc.
∎ Ensuring the product line purchased are in line with trend and requirement.
∎ Identify potential vendors to ensure continuity of supply, minimize risk of product not available and exploit emerging opportunities that are beneficial to the company.
∎ Conduct supplier analysis and evaluate potential vendors based on quality of products, best possible price, volume of discounts and delivery standards.
∎ Evaluate supplier core competencies.
∎ Identify ways to reduce costs and devise plan of action that are focused on creating greater efficiencies, economies of scale and better-quality products.
∎ Develop a negotiation strategy that shall impact the pricing, and delivery timeline.
∎ Establish relationships with suppliers to achieve sustainable business advantage.
∎ Implement supplier agreements/contracts by working with cross-functional stakeholders and suppliers to reach agreement on contract terms and conditions.
∎ Renegotiate, renew and discontinue supplier contracts.

Additional Requirements:
∎ Both males and females are allowed to apply
∎ Minimum 3-7 years of experience in sourcing.
∎ Data analytics, retail experience (Preferred).
∎ Advanced sourcing and procurement knowledge with pragmatism to manage expectations.
∎ Willingness to travel.
∎ Strong communication, negotiation skills.
∎ Eye for the right product.
∎ Solid research, data reporting and analysis skills.
∎ CPM/CPSM (Preferred).
∎ Proficiency in Microsoft Outlook, Word, Excel and PowerPoint.
∎ Having knowledge in Sourcing & procurement technology.
∎ SharePoint proficiency preferred.
∎ Prior experience within IT & eCommerce categories (retail a plus).
∎ Strong negotiation skills and ability to influence others.
∎ Knowledge of legal contract terminology and general financial skills.
∎ Solid research, data reporting and analysis skills.
∎ Great relationship builder with internal managers and their staff.
∎ Good prioritization and organizational skills.

Salary: Negotiable

Compensation & Other Benefits:
∎ Mobile bill
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ Attractive compensation & benefit packages.
∎ Earn leave encashment.
∎ Corporate Environment.

Application Deadline: 12 Mar 2021

Company Information:
∎ 22 Feb 2021
∎ Masco Bazar Ltd.

Category: Commercial/Supply Chain

: You Are Firmly Requested To Go Through The Requirements Once Again Before Applying. We Regret That Due To The Huge Volume Of Applicants Only Short Listed Candidates Will Be Called For Interview.