04 Aug
|
Madura Coats
|
Tamil Nadu
04 Aug
Madura Coats
Tamil Nadu
Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an creative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data, and the environment. Headquartered in the UK, Coats is a FTSE250 company and a FTSE4Good Index constituent. Revenues in 2022 were $1.6bn. Trusted by the world's leading companies to deliver vital, innovative, and sustainable solutions, Coats provides value-adding products including apparel, accessory and footwear threads, structural components for footwear and accessories, fabrics, yarns, and software applications. Customer partners include companies from the apparel, footwear, automotive, telecoms, personal protection, and outdoor goods industries. With a proud heritage dating back more than 250 years and spirit of evolution to constantly stay ahead of changing market needs, Coats has operations across some 50 countries with a workforce of over 17,000, serving its customers worldwide. Coats connects talent, textiles, and technology, to make a better and more sustainable world. Worldwide, there are three dedicated Coats Innovation Hubs, where experts collaborate with partners to create the materials and products of tomorrow. It participates in the UN Global Compact and is committed to Science Based sustainability targets for 2030 and beyond, with a goal of achieving net-zero by 2050. Coats is also committed to achieving its goals in Diversity, Equity & Inclusion, workplace health & safety, employee & community wellbeing, and supplier social performance.
Job Title: Executive Procurement Location: Ambasamudram
Principal Accountabilities:
- Supplier Management – Source, evaluate, and manage supplier relationships to ensure consistent quality, reliability, and on-time delivery of materials and services.
- Purchase Order Administration – Prepare and monitor purchase orders while ensuring accuracy, proper documentation, and adherence to internal procurement policies.
- Cost Optimization – Negotiate with suppliers on pricing, payment terms, and commercial conditions to achieve cost efficiencies without compromising quality or service levels.
- Market Intelligence – Track market trends, analyze supplier capabilities, and conduct benchmarking to support informed sourcing and procurement strategies.
- New Product Development Support – Coordinate with vendors and internal teams to develop new or alternative products and ensure timely availability of required materials.
- Contract Administration – Draft, review, and manage procurement contracts and agreements with sub-contractors to ensure compliance with legal and organizational standards.
- Compliance & Documentation – Maintain accurate procurement records and ensure all activities comply with company policies and regulatory requirements.
- Supply Chain Risk Management – Identify potential risks in the supply chain such as delivery delays,
quality issues, or vendor constraints and implement mitigation measures.
- Cross-Functional Coordination – Collaborate closely with Finance, Supply Chain, Engineering, and Quality teams to align procurement activities with business objectives.
- Reporting & Performance Analysis – Prepare procurement reports and key performance indicators (KPIs), and analyze data to support strategic decisions and drive continuous improvement.
Education, Qualifications and Experience:
- Possess 5–7 years of experience in sourcing and vendor management within a structured procurement environment.
- Demonstrate strong written and verbal communication skills.
- Proficient in MS Office tools, particularly Excel and PowerPoint.
- Strong attention to detail with the ability to collaborate effectively with multiple stakeholders.
- Ability to manage tasks efficiently and ensure timely completion of procurement activities.
- Working knowledge of SAP MM module and a clear understanding of Procure-to-Pay (P2P) processes.
Desirable:
- Bachelor’s degree in engineering (BE/B.Tech) or MBA in a relevant discipline.
- Knowledge of data analytics tools such as Power BI or Tableau for procurement analysis and reporting.
- Prior experience working in a manufacturing industry environment.
Role Purpose:
To manage strategic sourcing and procurement transactions for indirect categories by sourcing, negotiating, and developing suppliers for civil, mechanical, and electrical works, CAPEX, MRO, and spares, while driving cost optimization, supplier performance, and compliance with company objectives.
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📌 Executive - Procurement (Tamil Nadu)
🏢 Madura Coats
📍 Tamil Nadu