Sr. Executive/ Asst. Manager, Sourcing

Job Description

Title: Sr. Executive/ Asst. Manager, Sourcing

Company Name: VX Services Limited

Vacancy: Not specific

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Bachelor of Business Administration (BBA) in Supply Chain Management

Experience Requirements:
∎ 3 to 5 year(s)

Job Responsibilities:
∎ Develop and manage comprehensive sourcing policies that ensure competitive advantage.
∎ Establish strong relationships with internal business stakeholders; building a strong understanding of strategic business direction, requirements, and priorities across assigned suppliers and/or spend categories.
∎ Evaluate supplier core competencies and competitive positioning using industry cost models and benchmarking; leveraging key insights to inform and support the strategic sourcing strategy development process.
∎ Manage the fundamentals of sourcing and supplier engagement activities including RFx, spend pattern analysis, contract analysis, bid evaluation, negotiations, and supplier consolidation.
∎ Work with business and finance leaders to identify and drive savings and controllership improvements, optimizing the return on investment and total cost of ownership.
∎ Guide internal stakeholders on procurement processes and best-practice tools, such as category management, supplier evaluation, and supplier diversity.
∎ Analyze and calculate procurement costs and develop cost-reduction strategies.
∎ Negotiate contracts with key suppliers, including costs and terms of supply, service, and quality.
∎ Conduct market research, as well as creating cost estimates and forecasts.
∎ Estimate risks and apply risk-minimizing techniques, as well as negotiate contracts that comply with industry regulations.

Additional Requirements:
∎ Age 30 to 35 years
∎ Strong analytical, problem-solving, and decision-making skills.
∎ Proficiency in using Enterprise Resource Planning (ERP) systems.
∎ Excellent communication and negotiation skills.
∎ Knowledge of supply chain principles, and procurement strategies.
∎ Significant relevant strategic sourcing experience.
∎ In-depth experience in best-in-class procurement practices (category management, bench-marking, should-cost models, RFX, reverse auction, contracting, etc.

Salary: Negotiable

Compensation & Other Benefits:
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ Other benefits as per company policy

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 16 Dec 2023

Company Information:
∎ 6 Dec 2023
∎ VX Services Limited
∎ Address : KA-5/2, Jagannathpur, Adept NR Complex, 7th floor, Bashundhara Road,Dhaka-1229, Bangladesh.
∎ Business : We represent a fresh approach to facilities management within the market place, based on smart, innovative building automation and maintenance solutions that target cost effective, sustainable results for our clients’ facilities, workplaces and maintenance services.

Category: Commercial/Supply Chain

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Interested By University

University Percentage (%)
National University 15.04%
University of Dhaka 4.89%
American International University-Bangladesh 3.01%
Daffodil International University 3.01%
North South University 3.01%
Jagannath University 2.26%
Ahsanullah University of Science and Technology 2.26%
BRAC University 2.26%
Southeast University 1.88%
Atish Dipankar University of Science and Technology 1.50%

Interested By Age Range

Age Range Percentage (%)
20-30 24.06%
31-35 43.23%
36-40 22.56%
40+ 7.52%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 0.38%
20K-30K 7.20%
30K-40K 17.42%
40K-50K 26.14%
50K+ 48.86%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 0.75%
1.1 - 3 years 3.01%
3.1 - 5 years 17.29%
5+ years 78.95%