Plan and manage the overall procurement of consumable materials, imported in a cost effective manner while maintaining appropriate quality standards and products' specificationsMonitor all kinds of purchase orders, entire purchase cycle and keep proper documentation in accordance with the policies and procedures of the company.Assess the comparative statement (CS) and assist Management to select the vendors by ensuring the best purchase deal in terms of quality & quantity of products and service levelEnsure development and implementation of standard policies and procedures for purchase operation of the company by following the Management instructionsAnalyze trends in vendor pricing and business activity in order to assess present and future market situation to determine appropriate timing of purchase which ensure the best deal.Develop and manage relationships with the key suppliers to ensure the effective procurement. Purchase Budget & ForecastingSupervise the overall purchase planning, forecasting and preparing the yearly purchase budget by analyzing business growth & market price trends and considering place, quality & quantity.Drive the cost saving opportunity on budget over the year by initiating possible economic procurement and minimizing avoidable expenses to contribute overall profitabilityEnsure execution of overall purchase (foreign) as per minimum reordering level and storage capacity of the company.Negotiate and manage cost reduction on quoted value through vendor interaction and negotiationOptimization of Quality, Quantity and PriceEnsure the product's specification in time of procurement to reduce the rejection of purchased items and monitor the on time delivery of different suppliers and vendorsCoordinate with all business concerns of the company and suppliers for on time arrival and receipt of imported products in order to minimize port demurrageEnsure effective utilization and optimization of storage facilities of the organization by coordinating with concerned department Cost OptimizationEnsure the selection of suppliers, effective interaction of vendors and negotiation for best purchase prices of products by considering required quality and quantity of goodsVerify the stock before purchasing of the ordered products and report on any kinds of discrepancy in reordering level to control the avoidable cost.
MBA / Minimum Masters degree in any discipline.
Skills Required: Procurement
At least 15 year(s)
The applicants should have experience in the following area(s):
Purchase/ Procurement, Supply Chain
The applicants should have experience in the following business area(s):
Garments, Group of Companies, Textile
Mobile bill, Insurance, GratuitySalary Review: YearlyFestival Bonus: 2As per company policy.
No. of Vacancy
Jan. 31, 2020, midnight