05 Nov
|
Pallava Group
|
Erode
05 Nov
Pallava Group
Erode
: Yarn Planning & Sourcing Manager
Position Title: Yarn Planning & Sourcing Manager
Department: Supply Chain / Procurement
Reporting To: Head – Supply Chain / COO
Location: Corporate Office / Manufacturing Unit
Experience: 15–20 Years
Qualification: B.Tech / B.E. Textile Technology, Textile Engineering, or related discipline. MBA (Operations/Supply Chain) preferred.
Key Responsibilities for Yarn Sourcing & Procurement
- Develop and implement yarn sourcing strategies aligned with business objectives.
- Identify, evaluate, and onboard domestic and international yarn suppliers.
- Negotiate yarn prices, contracts, payment terms, and commercial agreements.
- Procure various yarn categories including Cotton, Compact, Combed, Carded, Organic, Recycled, Mélange, Slub, Lycra Core-Spun, and specialty yarns.
- Ensure cost-effective procurement while maintaining quality standards.
Production Planning & Demand Forecasting
- Develop monthly, quarterly, and annual yarn procurement plans.
- Forecast yarn requirements based on production schedules and customer orders.
- Coordinate with PPC, Weaving, Knitting, and Processing departments for demand planning.
- Monitor consumption trends and optimize procurement schedules.
Inventory Management
- Maintain optimum yarn inventory levels.
- Prevent stock shortages and overstock situations.
- Improve inventory turnover and reduce carrying costs.
- Monitor slow-moving and non-moving inventory and implement corrective actions.
Supplier Management
- Build strategic relationships with spinning mills and yarn manufacturers.
- Conduct supplier performance evaluations covering quality, delivery, pricing, and service.
- Develop alternate vendor sources to reduce procurement risks.
- Lead supplier audits and improvement initiatives.
Cost Optimization & Commercial Management
- Analyze cotton and yarn market trends.
- Track commodity price movements and forecast procurement opportunities.
- Drive yarn cost reduction projects.
- Improve procurement efficiency and working capital utilization.
- Prepare budgeting and sourcing plans for management review.
Quality Assurance
- Ensure sourced yarn meets technical and customer specifications.
- Coordinate with QA teams regarding quality issues and corrective actions.
- Monitor yarn quality parameters including CSP, CV%, imperfections, contamination, strength, count variation, hairiness, and shade consistency.
Supply Chain Coordination
- Collaborate with logistics teams for timely material movement.
- Monitor supplier delivery commitments.
- Ensure uninterrupted supply to production units.
- Manage import and export-related sourcing activities when applicable.
Market Intelligence
- Track global and domestic cotton and yarn market trends.
- Monitor competitor sourcing strategies.
- Evaluate recent yarn developments and sustainable yarn programs.
- Maintain awareness of government policies impacting textile raw materials.
Key Performance Indicators (KPIs)
Procurement
- Yarn cost savings achieved
- Supplier performance rating
- Procurement cycle time
Planning
- Forecast accuracy
- Material availability rate
- Production support efficiency
Inventory
- Inventory turnover ratio
- Stock coverage days
- Reduction in excess inventory
Operational
- On-time supplier delivery
- Production loss due to yarn shortage
- Working capital optimization
Technical Competencies
- Yarn manufacturing processes
- Cotton and fiber market knowledge
- Procurement and contract negotiation
- Supply chain management
- Inventory planning and warehouse management
- Costing and budgeting
- ERP Systems (SAP, Oracle, Microsoft Dynamics)
- Advanced Excel and MIS reporting
Leadership Competencies
- Strategic sourcing expertise
- Commercial acumen
- Team leadership and stakeholder management
- Negotiation and influencing skills
- Analytical and problem-solving ability
- Decision-making under market volatility
- Cross-functional collaboration
Preferred Industry Background
- Textile Spinning Mills
- Weaving Mills
- Knitting Units
- Textile Export Houses
- Integrated Textile Manufacturing Companie
Pay: ₹56,000.00 - ₹80,000.00 per month
Benefits
- Provident Fund
Work Location: In person
📌 Wanted Yarn Planning Sourcing Manager (Erode)
🏢 Pallava Group
📍 Erode