01 Aug
|
Important Group
|
Bengaluru
01 Aug
Important Group
Bengaluru
Role: AGM / Strategic Head
Location: Bengaluru / Manufacturing Location (as
applicable)
Reporting To: MD / COO
Role Objective
To lead strategic procurement and cost transformation
initiatives across raw materials, bought -out parts, and packaging, with the
objective of improving margins, strengthening supplier capability, and
ensuring supply continuity for StoveKraft’s cookware and appliance
businesses.
Key Responsibilities
1. Strategic Procurement Leadership
- Own
end -to -end procurement strategy for direct materials (metals,
plastics, components, bought -out parts).
- Manage
large spend categories with focus on cost competitiveness and supply
assurance.
- Drive
centralized sourcing governance across plants and categories.
2. Cost Transformation & Margin Improvement
- Lead should -costing, clean -sheet costing, and zero -based costing initiatives.
- Drive
structured cost reduction programs through:
- Value
engineering
- Specification
optimization
- Make
vs buy analysis
- Supplier
productivity improvement
- Deliver year -on -year cost reduction targets without compromising quality or
service.
3. Commodity Strategy & Risk Management
- Develop commodity sourcing strategies for Steel, Aluminium, CI, SS, and
other key inputs.
- Monitor
commodity price trends and implement index -linked pricing /
pass -through models.
- Reduce
exposure to volatility through supplier diversification and long -term
contracts.
4. Supplier Strategy & Development
- Lead supplier rationalization and tier -wise sourcing strategy.
- Develop
strategic suppliers for quality, capacity, and cost.
- Drive supplier scorecards, audits, and performance improvement plans.
- Ensure
supplier readiness for new product launches and scale -up.