Apparel Sourcing Head

1 week ago


Mumbai, Maharashtra, India YUVAKAA Full time
1.

Supplier Relationship Management:

  • Develop and maintain strong relationships with existing suppliers.
  • Identify and onboard new suppliers to expand the product range and improve quality and cost competitiveness.
  • Negotiate contracts and terms with suppliers to ensure favorable pricing, timely delivery, and adherence to quality standards.

Product Sourcing Strategy:

  • Develop and execute a comprehensive sourcing strategy and SOP's aligned with the company's overall business objectives.
  • Conduct market research and analysis to identify emerging trends, materials, and production techniques.
  • Identify and evaluate potential sourcing regions (pan India and internationally) to optimize cost, quality, and lead times.

Quality Assurance and Compliance:

  • Establish and enforce rigorous quality control standards throughout the sourcing process.
  • Collaborate with suppliers to implement corrective actions and continuous improvement initiatives.
  • Ensure compliance with regulatory requirements, ethical sourcing standards, and sustainability initiatives.
  • Work with internal and external partners for garment fit standardization and improvement. Continues fit updation to enhance sales and minimize returns.

Cost Management and Budgeting:

  • Develop and manage the sourcing budget, ensuring cost efficiency without compromising quality.
  • Identify opportunities for cost savings through strategic sourcing, negotiation, and supplier consolidation.
  • Monitor and analyze key cost drivers, such as raw material prices, labor costs, and transportation expenses.

Supply Chain Optimization:

  • Optimize the end-to-end supply chain to minimize lead times and improve inventory management.
  • Collaborate with cross-functional teams, including logistics, production, and merchandising, to streamline processes and enhance operational efficiency.
  • Proactively identify and mitigate supply chain risks to ensure continuity of product availability.

Team Leadership and Development:

  • Lead and inspire a team of sourcing professionals, providing guidance, support, and mentorship.
  • Foster a culture of collaboration, innovation, and accountability within the sourcing team.
  • Identify training and development needs to enhance the skills and capabilities of team members.

Performance Measurement and Reporting:

  • Define key performance indicators (KPIs) to track and evaluate sourcing performance.
  • Generate regular reports and dashboards to communicate sourcing metrics, trends, and insights to senior management.
  • Continuously monitor KPIs to identify areas for improvement and drive actionable recommendations.
  • Data Sensitivity
  • All information regarding the styles sampled or ordered is the property of TCW , all files /information will be uploaded on the cloud.
  • Collaboration and seamlessness
  • Collaborating with internal and external partners to plan and execute new products development and bulk order delivery.

Performance Indicators:

  • Percentage of cost savings achieved through strategic sourcing initiatives.
  • Supplier performance ratings based on criteria such as quality, reliability, and responsiveness.
  • On-time delivery rate and lead time reduction achieved.
  • Compliance audit results and corrective action implementation.
  • Employee engagement and retention within the sourcing team.
  • Achievement of sourcing budget, and company ebitda.

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