Role: Manager - Procurement
Function: Procurement
Location: Nasik
Individual contributor: This role is crucial for ensuring the timely and cost-effective procurement of raw materials required for luggage manufacturing.
Desired Candidate Profile:
- Degree in Industrial Engineering, Textile Engineering, Supply Chain Management, or a related field.
- Minimum of 5 years of experience in procurement, preferably within the luggage or plastic industry.
- Proven experience in supplier management and negotiation.
- Experience in sourcing sustainable materials and developing eco-friendly supplier networks would be an added advantage.
- Excellent analytical and problem-solving skills.
- Ability to work in a fast-paced startup environment and manage multiple priorities.
- Keen attention to detail and a commitment to quality.
Key Responsibilities:
Procurement of Raw Materials:
- Source and procure high-quality raw materials and other related components/ accessories for existing line as well as for NPDs, new launches.
- Negotiate favourable terms and pricing with suppliers to optimize cost efficiency.
Technical Expertise:
- Apply technical knowledge of industrial engineering & knowhow to evaluate and define the optimum production flow.
- Conduct thorough assessments of durability, accessory functionality, and metal component integrity.
- Stay updated with the latest industry trends and advancements in materials technology.
Supplier Management:
- Develop and maintain strong relationships with key suppliers.
- Monitor supplier performance and ensure compliance with quality standards and delivery timelines.
- Address and resolve any issues or discrepancies related to supplier deliveries.
Inventory Management:
- Collaborate with the planning/ production ~ manufacturing teams to ensure optimal stock levels of raw materials.
- Implement effective RM inventory control measures to prevent overstocking or stockouts.
Cost Management:
- Analyze procurement costs and identify opportunities for cost reduction without compromising quality.
- Develop and implement cost-saving strategies and initiatives.
New Product Development:
- Work closely with the design, production, and quality assurance teams to understand material requirements and specifications.
- Provide technical guidance and support to cross-functional teams to ensure material compatibility and performance.
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