Head - Procurement - Cotton/Yarn/Wool/Fabrics

Forecasting & Procurement

- This role Heads direct procurement for the lifestyle business, and is responsible for procuring wool, fibers, Yarn( responsible for all yarn including Cotton, PV, PW and other Side), Fabric ( responsible for both Grey and Finished fabrics including Cotton, PV and PW).

- Responsible for complete EXIM management at a lifestyle level.

- Lead the sourcing of materials (Yarn, fabric) for the best possible cost ensuring the highest quality .

- Ensure that the organisation maintains a competitive edge

- Analyze fabric needs across the brand and make recommendations to Production and Design for leveraging qualities across divisions

- Understand macroeconomic National and International environment for suitable advise to the management for achievement of organizational goal

- Understand and forecast the trends on vendor pricing and services to negotiate/terminate contracts

- Prepare suitable policies for different materials and equipments so to ensure value for the money for the organization

- Prepare and implement systems so as to ensure optimum value for money in procurement

- Aggregate and analyze raw material requirements on a monthly basis to ensure smooth workflow with minimum inventory

- Manage and coordinate end to end purchase cycle of the requirements generated from different locations/departments to ensure smooth running of business operation

- Coordinate with supply chain management and operations team to ensure supply of materials and equipment within the timelines

- Managing complete CAPEX - machines and spare parts from multiple countries. Ensure CAPEX purchases are as per the approved budgets and timelines.

- Work with centralized sourcing and other designated teams to bring down the costs of dyes, chemicals, Spares and other materials and equipments as per the budget

Vendor Development

- Locate and develop a network of vendors for sourcing of raw materials, products, services, capital equipment's and general items and evaluate them according to product availability and terms of sales

- Evaluate the credentials and the delivery capacity of the vendors

- Developing & sustaining long - standing relationships with vendors

- Evaluate current vendor management program & identifying ways to improve them

- Managing healthy and positive relationships with the vendors to ensure mutually beneficial and long term relationships

Process Implementation & Improvement

- Develop and implement standard operating procedures for purchase and procurement of materials and equipment

- Explore alternate for the products in consultation with the Business Units to ensure operational efficiency and cost reduction opportunities

- Generate new ideas to ensure cost efficiency and reduce cost of raw materials

Interpret FTP and related documents

Keep abreast on Foreign Trade Policy (FTP) and derive the same to take informed decisions and maximise the benefits delivered by these policies