Procurement Strategy development:

· Define and guide decisions on optimal purchasing, sourcing and contract strategy considering needs of business, risk and potential to ensure competitive differentiation through strategic procurement

· Meet corporate cost reduction goals which will include enforcing demand management, while achieving corporate objectives related to supplier diversity and sustainability

Managing procurement functions:

- Review and manage operations of Yarn/Fabric Sourcing, New Jobwork contracting, Accessories Purchase, FG Buying and Indirect Purchase
- Review and approve purchase orders, organize and confirm delivery of goods and services with collaboration with Yarn/Fabric Sourcing, Accessories Purchase, FG Buying and Indirect Purchase heads
- Track and report key functional metrics to reduce expenses and improve effectiveness of procurement function
- Evaluate spending operations while seeking ways to improve and enhance the quality of products purchased and the timeliness of deliveries
- Develop risk management procedures to mitigate losses in the event of product shortages
- Oversee and manage the IT systems that track shipments, inventory, and the supply of goods and suggest improvement to IT teams

Vendor relation management:

- Work closely with procurement team to source and engage reliable suppliers and vendors




- Collaborate with the company legal department to review existing contracts and specification guidelines with suppliers and vendors to ensure on-going feasibility; also explore opportunities to negotiate with vendors to reduce costs
- Collaborate and communicate with vendor to ensure clarity of the specifications and expectations of the company and timely delivery of the goods
- Build and maintain long-term relationships with critical suppliers; identify the risks and continue to scout for additional vendors

Financial Management

- Control and manage the procurement budget and promote a culture of long-term saving on procurement costs
- Prepare daily, weekly and monthly financial procurement reports and present the findings to Head SCM and Chief COO for strategy development

People Management:

- Supervise a purchasing team and delegate tasks across departments when necessary
- Plan, direct, supervise and coordinate work activities of Yarn/Fabric Sourcing head, Accessories Purchase head, FG Buying head and Indirect Purchase head
- Maintain staff job results by coaching, counseling, and disciplining employees; planning, monitoring, and appraising job results

Key Result Areas (KRAs)

- Material costs vs. budget
- Improvement in procurement costs
- Minimization of disruptions to operations due to procurement
- Minimization of procurement risk
- Variance in Purchase budget v/s AOP
- TAT target for PR to PO conversion

· OTIF for RM/PM (as per Supply Planning timeline) Pay: ₹50,000.00 - ₹70,653.73 per month

Advantages

- Food provided
- Paid sick time
- Provident Fund

Work Location: In person

📌 Fabric Procurement Manager (Uthukuli)
🏢 Modenik Lifestyle (P
📍 Uthukuli