Key Responsibilities

1. Strategic Procurement

· Develop and implement procurement strategy aligned with business goals.
· Build long-term sourcing plans for solar products and components.
· Identify opportunities for cost optimization.
· Ensure procurement supports company growth plans.

2. Vendor Management & Development

· Develop and manage domestic and international supplier network.
· Evaluate suppliers based on quality, cost, delivery, and service.
· Conduct annual supplier performance reviews.
· Build alternate supplier base to reduce dependency risks.
· Negotiate annual contracts and commercial agreements.

3. Solar Industry Procurement

Solar Panels

· Solar cells
· Glass
· EVA
· Backsheet
· Junction Boxes
· Aluminum Frames
· Packaging Materials

Inverters

· Electronics components

· PCB assemblies

· Power modules

· Transformers

· Enclosures

Batteries

· Lithium Cells
· BMS
· Battery Packs
· Connectors
· Enclosures

4. Cost Optimization

· Lead value engineering initiatives.
· Improve procurement efficiency.
· Reduce material cost through strategic negotiations.




· Identify localization opportunities.
· Drive annual cost reduction projects.

Target

· 3%–8% procurement cost reduction annually.

5. Inventory Planning

· Work closely with sales, operations, and production teams.
· Ensure optimal inventory levels.
· Prevent stock-outs and excess inventory.
· Improve inventory turnover.

KPIs

· Inventory Days
· Material Availability
· Procurement Savings

6. Procurement Operations

· Approve Purchase Requisitions (PR).
· Approve Purchase Orders (PO).
· Monitor order fulfillment.
· Ensure timely material delivery.
· Resolve supply disruptions.

7. Compliance & Governance

· Ensure procurement policies are followed.
· Implement transparent vendor selection process.
· Ensure statutory and contractual compliance.
· Conduct procurement audits.

8. Cross-Functional Coordination

Work closely with:

· Sales Team
· Production Team
· Warehouse Team
· Finance Team
· Quality Team
· R&D; Team

📌 Purchase Head (India)
🏢 LOOM SOLAR
📍 India