Procurement Specialist

2 weeks ago

Dhaka, Dhaka, Bangladesh Max HR Group Full time ৳400,000 - ৳1,200,000 per year

A procurement specialist is responsible for managing the acquisition of goods and services that a company needs to operate efficiently. Their main duties typically include:

  • Identifying the organization's purchasing needs and researching potential suppliers.

  • Evaluating suppliers based on price, quality, and delivery capabilities.

  • Negotiating contract terms and purchase agreements to secure the best possible deals.

  • Building and maintaining strong vendor relationships for long-term partnerships.

  • Preparing and issuing purchase orders and agreements.

  • Monitoring supplier performance and resolving any issues.

  • Ensuring that all purchased products and materials meet company specifications.

  • Collaborating with internal teams to align procurement with company goals.

  • Managing procurement budgets and ensuring compliance with company policies and legal regulations.

  • Conducting market research to stay informed of industry trends and new supplier options.

  • Using data analytics to assess spending patterns and identify cost-saving opportunities.

  • Managing inventory levels to maintain optimal supply chain operations.

  • Developing strategies to mitigate supply chain risks and disruptions.

  • Supporting sustainability initiatives by sourcing ethically and environmentally compliant suppliers.

Procurement specialists are vital for maintaining cost-effectiveness, quality standards, and operational continuity in companies across various industries.

They typically work closely with procurement managers, finance teams, and other departments and must possess strong communication, negotiation, analytical, and problem-solving skills. A bachelor's degree in business administration, supply chain management

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