PRIVATE AND CONFIDENTIAL
Date: 1 June 2020
Tarikul Hasan Chowdhury (aka Piash)
H#22, R#2/A, Sector#12, Uttara,
Dhaka-1230,
Bangladesh
email: piash.chowdhury@gmail.com
Dear Mr Tarikul Hasan Chowdhury,
Offer of Employment
We are pleased to offer you the position of Manager, Production, Sourcing and Supply Chain
Management (“SSCM”) with Fast Value Global (BD) Ltd ( “LULB” or the “Company” or the
“Employer”) on the following terms:
1. Date of Commencement
You will commence work on 7 June 2020.
2. Probationary Period
You are subject to a probationary period lasting 3 months from the date of
commencement of work which may be extended at the sole discretion of the Employer.
During the probationary period you shall not be entitled to any form of paid leave.
At the end of the probationary period, the Employer may confirm your employment,
extend the probationary period, or terminate your employment.
3. Job Description, Duties and Responsibilities
Your job title is Manager, Production and SSCM.
Your Job Description detailing your scope of work is attached as Annex 1.
Your duties and responsibilities include:
a) Working hand in hand with sales team in ensuring timely and quality order fulfilment;
b) Synchronising supply with demand by ensuring efficient and effective sourcing and
supply chain management; and
c) Overseeing the smooth, optimum, efficient and effective operation of production and
quality control department.
In addition to the duties specified above, you are obliged to follow all reasonable
instructions of the Employer, the management of the Employer, or the designated
supervisor.
You are required to faithfully, diligently, and competently execute the tasks and duties
assigned to you. You are also required to comply with the Employer’s code of conduct or
company policy and act in the best interests of the Employer at all times.
You must not engage in any other business or employment outside your employment with
the Employer without the prior approval of the Employer.
4. Place of Work
Your place of work shall be at LULB Ashulia Factory or that as directed by the Employer.
5. Days and Hours of Work
Your normal working days and hours are 9am to 6pm from Sunday to Thursday;
Stipulated Saturday according to the FVG Calendar; and
You are entitled to one hour of lunch break every day from 1pm to 2pm.
The Employer reserves the right, at its sole discretion, to revise, amend or extend the
working hours should the need arise.
As an executive in the Company, you are obliged to commit beyond the normal working
days and hours stipulated in clause 5.1 to ensure proper discharging of your duties and
responsibilities, or if the Employer so requires.
Whenever you are unable to attend work you must inform the Employer or your
designated supervisor the reason for absence by 9am on the first day of your absence. .
6. Leave
Your leave entitlement shall be determined based on the Company’s leave policy .
Unpaid leave may be granted to you at the sole and absolute discretion of the Employer.
The Employer reserves the right to terminate your employment without notice if you are
absent from work on unpaid leave without prior approval from the Employer.
All leave applications must be made in writing and at least 14 days in advance and shall be
approved at the sole and absolute discretion of the Employer.
7. Remuneration
Your will be paid a monthly gross salary of BDT90,000 (Ninety thousand Taka Only) .
Any income tax or other taxes assessed on you for salary and other benefit in cash or in
kind made available to you (if any) will be borne by yourself.
The Employer shall deduct from your remuneration all such sums it is authorised to deduct
such as tax, under the laws of Bangladesh.
An annual bonus equivalent to one-month gross salary will be paid to you as festive bonus
in two tranches of half (1/2) month salary each. Such bonus shall be pro-rated if the service
period is less than twelve (12) months for any particular year.
Any medical expenses shall be borne by yourself.
8. Transport Allowance
The Company will reimburse you up to BDT2,000 per month of transportation cost incurred
from your home to office (one way) based on the official receipt presented by you.
9. Yearly Salary Review
The Company will conduct performance appraisal once a year;
Based on the result of the performance appraisal, your salary and position may be adjusted
accordingly;
Any salary adjustment and/or promotion is at the discretion of the Employer.
10. Confidentiality
Without the prior written consent of the Employer, you must not at any time disclose any
confidential information obtained in the course of your employment with the Employer.
Confidential information generally refers to information not available to the public, and
includes, but not limited to:
• Client lists and details;
• Trade secrets;
• Business plans;
• Financial information;
• Employee lists and details;
• Information known to the Employee to be confidential;
• Information which may affect the competitive position of the Employer; and
• Any information the Employer is obligated not to disclose.
You acknowledge and agree, having had the opportunity to take legal advice thereon, that
this clause is reasonable and necessary to protect the interests of the Employer.
11. Intellectual Property Rights
All intellectual and industrial property rights arising out of or in connection with your
employment with the Employer shall immediately be assigned to and vest in the Employer
or any other persons or entity as appointed by the Employer.
All materials, tangible or intangible, produced by you arising out of or in connection with
your employment with the Employer shall be the sole and exclusive property of the
Employer or any other persons or entity as appointed by the Employer.
You are hereby obligated to execute all documents and do all such acts and such things as
may be necessary or requested by the Employer in order to ensure that all property rights
vest exclusively in the Employer or any other persons or entity as appointed by the
Employer.
12. No Competition
Without the prior written consent of the Employer, you must not, during the course of
your employment with the Employer, directly or indirectly engage in any other businesses
which is the same as, similar to, or competes with the current or contemplated business of
the Employer, in any capacity which includes positions such as an advisor, volunteer,
employee, agent, partner, director, principal, shareholder, or contractor.
Without the prior written consent of the Employer, you must not, for a period of one (1)
years from the last day of your employment with the Employer:
a) Entice, induce or encourage a client of the Employer to transfer or remove business
from the Employer;
b) Solicit or accept business from a client of the Employer for a business which is the
same as, similar to, or competes with the current or contemplated business of the
Employer;
c) Entice, induce or encourage an employee of the Employer to terminate the employee’s
employment with the Employer; and
d) Directly or indirectly interfere or seek to interfere with the continuance of goods or
services supplied to the Employer.
You must not at any time use any name in such a way that causes confusion in the name or
goodwill of the Employer, in relation to any trade, business, or corporation.
You acknowledge and agree, having had the opportunity to take legal advice thereon, that
this clause 12 is reasonable and necessary to protect the interests of the Employer.
13. Duties When Solicited
If at any time during the term of employment, you are directly or indirectly approached or
solicited by a person, with a view to or with the intention of taking up employment or
entering into some other business relationship, whether directly or indirectly, with any
person who is involved in a business which is the same as, similar to, or competes with the
current or contemplated business of the Employer, you are hereby obligated to disclose
that fact and the names of the parties involved immediately to the Employer.
You are hereby obligated to disclose to the person who solicited you that you are currently
under the employment of the Employer and are bound by the terms of your employment,
and in particular, the restrictions within clause 10, 11, and 12 of this employment
agreement.
14. Termination
During the probationary period, either the Employer or you may terminate your
employment by giving the other party written notice of one-month or one-month salary in
lieu of notice.
After the end of the probationary period where your employment is confirmed, either the
Employer or you may terminate your employment by giving the other party written notice
of two months or forfeiting one-month salary in lieu of notice.
The Employer is not obliged to give any reasons for termination.
Your employment may be terminated by the Employer without notice or compensation,
without prejudice to and in addition to any other remedy available to the Employer, if you
are found to be:
a) Negligent or incompetent in your work;
b) Guilty of insubordination;
c) Incompliant with reasonable requests or instructions from the Employer, the
management of the Employer, or the designated supervisor; or
d) In breach of the terms of this offer of employment.
15. Return of Employer Materials and Handover
Upon termination of your employment, you are required to return to the Employer or its
authorised representatives, all materials in your possession relating to the business of the
Employer and/or belonging to the Employer or its clients. You are obligated not to retain
any copies of the materials in any form. You are obliged to ensure a smooth transition of
your duties and responsibilities.
16. Entire Agreement and Modification of Agreement
This employment agreement together with Annex 1 constitutes all the terms of your
employment with the Employer and supersedes all previous representations, statements,
understandings and contracts between the Employer and you.
The Employer reserves the right to modify the terms of this offer of employment by giving
written notice to you, but any modification will be subject to your giving consent.
17. Governing Law and Jurisdiction
This offer of employment shall be governed by and construed in accordance with
Bangladesh law.
In relation to any legal action or proceedings arising out of or in connection with this offer
of employment, you hereby irrevocably submit to the non-exclusive jurisdiction of the
courts of Bangladesh.
Please sign the duplicate of this offer of employment and return it to us for our record. We look
forward to welcoming you to the Company.
_______________________ ___________________
Toshihiro Nishino Toshitada Imai
CEO Country Manager
Bangladesh
__________________________________________________________________________________
ACCEPTANCE OF OFFER
I Tarikul Hasan Chowdhury (ID no:___________________) have read the offer letter / employment
agreement above and understood the terms and conditions in the agreement. I accept this offer of
employment and its terms and conditions; and I declare that I am medically fit and not currently
under any medical treatment or taking any medication.
_______________________
(Signature of Employee)
_______________________
(Date of Signing)
Annex 1
Job Description
Manager, Production and SSCM
1. Sourcing and Supply Chain Management
1.1 Working hand in hand with Sales & CRDC and other cross functional departments locally as
well as with Head Office to ensure highest standard of performance in SSCM and
Production for timely and quality order fulfilment;
1.2 Actively monitor sales forecast and sales orders received by the Company to ensure up to
date and accurate facts are used in synchronising the activities of SSCM and production
department with the demand side;
1.3 Obtain thorough understanding of each product or raw material sources, lead time,
minimum order quantity, normal packaging standard etc;
1.4 Maintain up to date knowledge about the import and custom clearance procedures and
documentation requirement;
1.5 Establish in consultation with country manager, a reliable panel of freight forwarders for
efficient shipping and forwarding process and keep up to date information about timing,
pricing and requirement;
1.6 In consultation with the Head of SSCM of Head Office, set inventory safety level for each
type of essential raw material;
1.7 Based on accurate data and information, analyse and match product or raw material
requirement to the inventory level (including inventory in warehouse, in transit and PO
placed with suppliers);
1.8 Plan and procure raw material or products from approved suppliers on a timely manner;
1.9 Proper and accurate processing Purchase Orders (PO) following FVG policies and
procedures, includes ensuring accurate quantity, price, lead time and terms according to
latest agreement between approved suppliers and the Company;
1.10 Monitor PO placed, scheduling and receiving of shipments, manage timely cargo clearance
and transportation to Company’s warehouse ;
1.11 Ensure timely replenishment of inventory and maintaining all defined safety stock levels to
avoid material shortage or incurrence of expensive logistic cost such as air-freight;
1.12 Keeping track of inventory movement, ensure efficient inventory management and prevent
slow moving or obsolescence and improve inventory Days On Hand (DOH);
1.13 Timely and accurate physical counting of inventory in accordance with FVG policy;
1.14 Respond to changes in demand and supply chain and perform root cause analysis to solve
any supply chain problems that may occur;
1.15 Continue to source for good and reliable suppliers and manage down the cost of material
of the Company;
1.16 Process application of new suppliers’ account and update particulars about the item,
product, pricing, lead time, minimum order quantity etc specifications in the specific listing
within the Company’s information system ;
1.17 Build and maintain good relationship and lasting partnership with the Company’s supply
base;
1.18 Maintain accurate record of purchases, suppliers, products, pricing, duties, etc cost of raw
material or product for analysis, future planning and continuous improvement;
1.19 Timely updating of purchases and accounts payable information and work closely with
accounting department to ensure accurate and timely recording and recognition of cost
and liability and timely processing of supplier payment;
2. Production
2.1 Overseeing the smooth, optimum, efficient and effective operation of Production
Department;
2.2 Based on reliable data and facts about sales orders, inventory level, availability of raw
material and the production capacity of the Company, plan and schedule production to
achieve the most efficient and effective outcome based on optimum level of production;
2.3 Work hand in hand with Sales and CRDC to achieve consensus on the right ETD
commitment to customers and adjust or stretch the production schedule to the extend
possible considering safety and sustainability of the Company’s resources;
2.4 Monitor the progress of in-house production daily;
2.5 Ensure Group SOP are consistently applied in the production process
2.6 Ensure proper process is in place and functioning effectively to control and minimise
material wastage;
2.7 Continuously improve and optimise current production handling process;
2.8 Ensure proper upkeep of factory floor and machineries and equipment to prevent
stoppage of operation resulting from potential machine down time;
2.9 Identify and analyse production challenges and improve manufacturing process
2.10 Keep handy information about machineries support/manufacturer and close contact with
Global Technical Team to ensure timely support is readily available in case of emergency;
2.11 For production outsourced to 3 rd party manufacturer(s), work closely with 3 rd party
manufacturer(s) to schedule production and ensure products are produced to the quality
specified within the stipulated lead time;
2.12 Ensure timely monitoring and follow-up with 3 rd party manufacturer(s) to avoid surprises;
2.13 Support product transition or new product introduction from time to time;
3. Quality Control
3.1 Integrating the information about customers ETD, in-house and 3 rd party manufacturer(s)
production plan, plan the necessary manpower and resources for product quality control
process;
3.2 Ensure QC schedules are properly devised, executed and monitored;
3.3 Ensure QC team’s productivity are monitored closely ;
3.4 Identify and analyse variances and devise improvement plan to optimise the use of QC
resources;
3.5 Ensure QC personnel are properly equipped with the necessary knowledge and technique
in performing the visual inspection procedures in accordance with the FVG Group-wide
SOP and customers’ requirement
3.6 Ensure all RFID products quality checked are done in accordance with the Group SOP and
customers’ requirement;
3.7 Ensure safe, timely and accurate storage of production and RFID products encoded data in
accordance with the customers’ expectation and internal SOP;
3.8 Ensure all products supplied have been subjected to the required QC processed and met
the quality standard of the specific customer, product category, certification body or
jurisdiction prior to packaging and delivery.
4. Others
4.1 Cooperate with Sales and CRDC in sourcing and arranging the necessary samples during
proposal stage;
4.2 Training and development of subordinates and staff on an ongoing basis;
4.3 Lead process improvement opportunities locally including identifying process bottlenecks,
suggesting solutions and implementing solutions;
4.4 Be responsible for annual budgeting and quarterly forecasting process and the execution of
budgetary control relating to area under your responsibility on an ongoing basis to ensure
achievement of the target EBITDA; and
4.5 Any other duties to be assigned by the Employer or designated superior from time to time.