14 Aug
|
Recrivio
|
Gurugram
Note: Hiring for one of our clients in luxary fashion retail space (D2C).
Title: Head of Sourcing
Location: Gurugram
Experience: 8+ Years
About Role The Head of Sourcing will own end-to-end sourcing strategy for Miraggio's retail product categories, identifying and onboarding manufacturers/vendors, negotiating pricing and terms, managing seasonal and bulk buying cycles, and ensuring product availability, quality, and margins are optimized across the business.
Key Responsibilities
Strategic Sourcing & Category Management
- Develop the sourcing roadmap for each product category (apparel/footwear/accessories/general merchandise, etc.) aligned with seasonal buying calendars
- Identify and evaluate current manufacturers, vendors, and trading partners — domestic and international
- Drive private label / in-house brand sourcing strategy, if applicable
- Track fashion/retail market trends, raw material costs, and seasonal demand shifts to inform sourcing plans
Vendor & Manufacturer Management
- Build and manage relationships with manufacturers, wholesalers, and trading partners
- Negotiate pricing, MOQs (minimum order quantities), payment terms, and delivery schedules
- Conduct factory/vendor audits for quality, capacity, and compliance (labor standards, safety, sustainability)
- Manage vendor performance scorecards — on-time delivery, quality rejection rates, cost competitiveness
Cost & Margin Optimization
- Identify cost-saving opportunities across sourcing categories to protect and improve gross margins
- Partner with Merchandising/Buying teams on landed cost calculations and pricing strategy
- Negotiate better terms during peak seasons (EOSS, festive, current launches)
Supply Planning & Inventory Alignment
- Align sourcing timelines with merchandising calendars, new collection launches, and replenishment cycles
- Manage lead times to prevent stockouts or excess inventory
- Coordinate with logistics/warehousing teams on import, customs, and delivery timelines (if sourcing internationally)
Team Leadership
- Lead and mentor the sourcing/buying team
- Set sourcing KPIs (cost savings, vendor lead time, quality compliance) and track performance
- Build negotiation and category expertise within the team
Cross-Functional Collaboration
- Work closely with Merchandising, Design, Finance, and Retail Operations teams
- Support new product development (NPD) with timely, cost-effective sourcing
- Partner with Finance on cost budgeting, forecasting, and margin analysis
Compliance & Risk Management
- Ensure vendor compliance with quality standards, labor practices, and sustainability guidelines
- Develop contingency sourcing plans to mitigate supply chain disruptions (raw material shortages, geopolitical/logistics risks)
Requirements
Experience
- 8+ years of experience in sourcing/procurement within retail, fashion, or consumer goods
- Proven experience managing vendor/manufacturer relationships, ideally across domestic and international markets
- Experience with private label sourcing and seasonal buying cycles preferred
Skills
- Strong negotiation skills with manufacturers, agents, and trading houses
- Understanding of retail merchandising calendars, landed costing, and margin structures
- Familiarity with quality control, compliance audits, and sourcing/ERP systems
- Analytical mindset — comfortable with cost sheets, pricing models, and market trend data
- Strong leadership and cross-functional collaboration skills
📌 Head of Sourcing (Gurugram)
🏢 Recrivio
📍 Gurugram