Senior Executive (Spinning Procurement)

Job Description

Title: Senior Executive (Spinning Procurement)

Company Name: Sonar Madina Spinning Mills Ltd.

Vacancy: --

Age: 28 to 45 years

Job Location: Anywhere in Bangladesh

Salary: Negotiable

Experience:

• 4 to 6 years
• The applicants should have experience in the following business area(s): Jute Goods/ Jute Yarn, Spinning

• 4 to 6 years
• The applicants should have experience in the following business area(s): Jute Goods/ Jute Yarn, Spinning

• Age 28 to 45 years

• Minimum 4–6 years of experience in procurement, preferably in a spinning mill or textile manufacturing industry.

• Must have experience in both local and international procurement, including LC and import documentation.

• Strong communication and interpersonal skills.

• Proficiency in MS Office (Excel, Word) and relevant accounting/inventory software.

• Ability to work under pressure and meet deadlines.

• Must be proactive, honest, and self-motivated.

• Candidates with experience in the textile/spinning/manufacturing sector will be given preference.

• Manage the end-to-end procurement process for spinning mill raw materials, spare parts, machinery items, consumables, packing materials, and other operational requirements.

• Receive and review Purchase Requisitions (PR) from Production, Maintenance, Quality, Store, and other departments.

• Source suitable suppliers and obtain quotations, price offers, and technical information for required materials and services.

• Compare quotations based on price, quality, specifications, delivery time, payment terms, and supplier reliability.

• Negotiate with suppliers to obtain competitive prices, favorable payment terms, and timely delivery.

• Prepare Comparative Statements (CS) and submit recommendations for management approval.

• Prepare and process Purchase Orders (PO) in accordance with approved requisitions and company procurement policies.

• Follow up with suppliers to ensure on-time delivery of materials according to required specifications and schedules.

• Coordinate with the Store Department for receiving, inspection, and verification of procured materials.

• Coordinate with Accounts & Finance regarding supplier invoices, payments, advances, and other financial matters.

• Maintain an updated database of approved suppliers, quotations, purchase orders, delivery records, and supplier performance.

• Develop and maintain strong relationships with reliable local and international suppliers.

• Monitor market prices and availability of spinning machinery spare parts, electrical items, mechanical items, lubricants, chemicals, packing materials, and other consumables.

• Ensure procurement of materials according to approved technical specifications, quality standards, and required quantities.

• Handle urgent procurement requirements to ensure uninterrupted production and maintenance activities.

• Monitor outstanding purchase orders and take necessary action to avoid delays in delivery.

• Evaluate supplier performance in terms of quality, price, delivery, service, and compliance.

• Assist in identifying alternative suppliers and sourcing substitute materials where necessary.

• Ensure proper documentation and compliance with the company's procurement policies, approval procedures, and internal controls.

• Maintain confidentiality of supplier quotations, negotiated prices, commercial terms, and other sensitive procurement information.

• Assist in import procurement, including coordination for LC opening, PI, shipping documents, customs-related documentation, and delivery, where applicable.

• Coordinate with the Commercial, Bank, C&F, Store, and Accounts Departments for smooth execution of imported procurement.

• Prepare regular procurement status, pending PO, delivery, supplier, and cost reports for management.

• Identify opportunities for cost reduction, bulk purchasing, vendor development, and procurement efficiency.

• Perform any other procurement and commercial-related duties assigned by the management.