VPP - Vice Principal of Procurement

Job Description

Title: VPP - Vice Principal of Procurement

Company Name: Millennium Associates

Vacancy: Not specific

Job Location: Dhaka (Gulshan)

Employment Status: Full-time

Educational Requirements:
∎ Bachelor degree in any discipline
∎ Training/Trade Course: Trading
∎ Skills Required: Trading

Experience Requirements:
∎ At least 5 year(s)
∎ The applicants should have experience in the following area(s): Trading
∎ The applicants should have experience in the following business area(s): Trading or Export/Import

Job Responsibilities:
∎ Applicant must be expert to procure commodity Items.
∎ Procurement target has to achieve as per company policy in every month .
∎ He has to perform in a team as team leader.
∎ Responsible for Purchasing and Cost estimation activities for the organization.
∎ Implementing and maintaining the standard purchasing process, establish purchase policy and strategy with a view to enhance savings and reduce waste. Devising and using fruitful sourcing strategies.
∎ Make sure all the requisite and approved commodities availability as per the specification.
∎ Develop a purchasing & material sourcing policy, set a standard lead time for delivering to the end consumer.
∎ Initiate and develop creative and innovative procurement processes.
∎ Negotiate contract terms with key suppliers to ensure value for money, quality standards and delivery terms with technical and operational input from stakeholders if appropriate.
∎ Forecast price and market trends to identify changes of balance in buyer-supplier power.
∎ Develop, implement and maintain a supplier relationship and evaluation process to measure effective supplier performance and compliance.
∎ Conducting market research to keep abreast of emerging trends and business opportunities.
∎ Collaborate with key persons to ensure clarity of requirement specifications and expectations of the company.
∎ Ensure compliance in all procure-to-pay processes & procurement rights.
∎ Achieve the set procurement target in coordination with team members.
∎ Onboard and develop value-added suppliers and nurture partnerships.
∎ Reviewing existing contracts with suppliers and vendors to ensure on-going feasibility.
∎ Building and maintaining long-term relationships with vendors and suppliers.
∎ Approving purchase orders and organizing and confirming delivery of goods and services.
∎ Performing risk assessments on potential contracts and agreements.
∎ Controlling the procurement budget and promoting a culture of long-term saving on procurement costs.
∎ Preparing detail reports on procurement and deliveries.

Additional Requirements:
∎ Age at least 35 years
∎ Both males and females are allowed to apply

Salary:
∎ Negotiable
∎ Salary depend on experience and performance.

Compensation & Other Benefits:
∎ Mobile bill, Tour allowance, Medical allowance
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ Incentive

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 9 Apr 2022

Company Information:
∎ 10 Mar 2022
∎ Millennium Associates
∎ Address : 43, North Gulshan, Alam Arcade(3rd Floor), Gulshan - 2, Dhaka - 1212 https://www.millennium-associates.com/
∎ Web : https://www.millennium-associates.com/
∎ Business : We purchase commodity products from local marker and supply to different organization as per demand. We also marketing this commodity products by packet system in our national and international market.

Category: Commercial/Supply Chain

: Those who has experience to purchase commodity items he can apply only.