Supplier Sourcing and Management
KRA: Identify and establish relationships with reliable and quality suppliers for fabrics, trims, and finished goods (nightwear).
Key Results:
- Develop and maintain a network of suppliers, manufacturers, and vendors.
- Negotiate competitive pricing and favorable terms for raw materials and finished products.
- Evaluate and monitor supplier performance on factors like lead time, cost, and quality.
- Ensure suppliers adhere to ethical practices (fair wages, working conditions, environmental responsibility).
2. Product Development Collaboration
KRA: Collaborate closely with the design and product development teams to ensure sourcing meets the brand's aesthetic, quality, and cost requirements.
Key Results:
- Ensure the timely delivery of raw materials needed for product development.
- Propose materials or manufacturing techniques that align with seasonal trends and consumer preferences.
- Ensure that new collections (e.g., summer or winter nightwear) are sourced in a timely manner to meet production schedules.
3. Cost Control and Budget Management
KRA: Control costs related to sourcing while ensuring quality standards and profitability.
Key Results:
- Deliver on cost savings targets without compromising quality.
- Monitor expenses related to procurement and supply chain, making adjustments where necessary to stay within budget.
- Manage inventory effectively to avoid overstocking or stockouts, which may affect sales.
4. Quality Assurance
KRA: Ensure the quality of sourced materials and finished products meets brand standards.
Key Results:
- Conduct regular quality inspections at different stages of the sourcing and manufacturing process.
- Ensure products are in compliance with international standards (e.g., eco-friendly materials, skin safety).
- Implement a system for quality checks and feedback loops to suppliers for improvements.
5. Timely Delivery & Logistics Management
KRA: Ensure that sourced materials are delivered on time to meet production and sales deadlines.
Key Results:
- Work with logistics and supply chain teams to track shipments and ensure on-time delivery.
- Monitor lead times and set up contingency plans for potential delays.
- Regularly review and optimize transportation and logistics costs.
6. Market Research & Trend Forecasting
KRA: Conduct market research to stay on top of consumer trends, fabric innovations, and emerging styles in women's nightwear.
Key Results:
- Source fabrics and materials that align with consumer preferences and fashion trends.
- Ensure the sourcing of sustainable or innovative materials (e.g., organic cotton, bamboo fabrics) where applicable.
- Stay updated on market pricing trends to negotiate better contracts with suppliers.
7. Sustainability and Compliance
KRA: Implement and promote sustainable sourcing practices, ensuring compliance with environmental and ethical standards.
Key Results:
- Source eco-friendly and sustainable materials (such as organic cotton, recycled polyester, etc.).
- Work with suppliers who meet the company's sustainability goals and ethical standards (e.g., fair labor practices).
- Monitor environmental impact and work towards reducing waste or carbon footprint in sourcing and production.
8. Vendor Development & Relationship Management
KRA: Develop strong relationships with vendors to ensure the long-term success and reliability of the supply chain.
Key Results:
- Negotiate long-term agreements or partnerships with key suppliers to ensure product consistency and reliability.
- Ensure transparent communication and foster a collaborative relationship to solve any supply chain issues quickly.
- Regularly review vendor performance against KPIs (cost, delivery, quality, etc.).
9. Compliance and Documentation
KRA: Ensure all sourcing activities are in line with legal, environmental, and regulatory requirements.
Key Results:
- Ensure all vendor contracts and agreements comply with legal standards and corporate policies.
- Stay updated on international regulations (e.g., labor laws, material certifications, import/export regulations).
- Maintain thorough documentation of all sourcing transactions and negotiations.
10. Cross-functional Collaboration
KRA: Collaborate with other departments (marketing, sales, finance) to align sourcing activities with overall business goals.
Key Results:
- Ensure the timely supply of products for promotional campaigns or seasonal launches.
- Work with the finance team to forecast demand and adjust sourcing strategies accordingly.
- Coordinate with marketing to align product offerings with consumer trends and preferences.
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