Executive-Fuel Procurement

Role Overview
The Executive – Fuel Procurement will be responsible for overseeing all aspects of fuel procurement activities to ensure the efficient and cost-effective sourcing of fuel for our operations. This role requires a strong understanding of fuel markets, supplier relationships, negotiation skills, and the ability to manage procurement strategies effectively.

Key Responsibilities:

• Develop and implement comprehensive fuel procurement strategies to meet the company’s operational needs while optimizing costs and ensuring supply reliability.
• Identify and evaluate potential fuel suppliers, negotiate contracts, and manage supplier relationships to secure favorable terms and pricing agreements.
• Monitor fuel market trends, analyze price fluctuations, and adjust procurement strategies accordingly to mitigate risks and capitalize on cost-saving opportunities.
• Collaborate closely with internal stakeholders, including operations, finance, and logistics teams, to forecast fuel demand, coordinate procurement activities, and ensure seamless supply chain operations.
• Conduct regular performance reviews of fuel suppliers, assess contract compliance, and implement corrective actions as necessary to maintain quality standards and service levels.
• Stay updated on regulatory requirements, environmental standards, and industry best practices related to fuel procurement, ensuring compliance with relevant regulations and sustainability initiatives.
• Utilize data analytics and reporting tools to track key performance indicators, monitor procurement performance, and identify areas for process improvements and cost savings.
• Prepare and present periodic reports, budget forecasts, and analysis of fuel procurement activities to senior management, providing insights and recommendations for strategic decision-making.

Education

• Bachelor of Business Administration (BBA)
• Bachelor’s degree from IBA-DU
• HSC & SSC: 5, A ‘Level & O ‘Level preferred.
• IBA, Dhaka University students will get preference

Additional Requirements

• Age 25 to 30 years
• Freshers, willing to undergo training abroad, are encouraged to apply
• Proven experience in fuel procurement would be an added advantage.
• Strong knowledge of fuel markets, pricing mechanisms, and supply chain dynamics would be an added advantage.
• Excellent negotiation skills.
• Analytical mindset with proficiency in data analysis tools and techniques.
• Effective communication skills to present complex information clearly to diverse stakeholders
• Strategic thinker with the ability to develop and execute procurement strategies aligned with business objectives.
• Detail-oriented, organized, and capable of managing multiple priorities in a fast-paced environment.
• Proficiency in relevant software applications (e.g., MS Office, ERP systems).

Compensation & Other Benefits

• Weekly 2 holidays, Provident fund
• Lunch Facilities: Full Subsidize
• Salary Review: Yearly
• Festival Bonus: 2
• Competitive salary
• Medical facilities
• Free of Cost air tickets as per company policy