Purchase - Synthetic Yarn
6 months ago
**Purchase - Synthetic Yarn - Lower Parel, Mumbai**
**Post (3) - Head (1) / Assistant Manager (1) / Sr. Executive (1)**
**Forecasting & Procurement**
- This role Heads direct procurement for the lifestyle business, and is responsible for procuring fibres, Yarn (responsible for all yarn including Cotton, polyester, nylon, and rubber, spandex).
- Lead the sourcing of materials (synthetic yarn) for the best possible cost ensuring the highest quality.
- Aggregate and analyze raw material requirements on a monthly basis to ensure smooth workflow with minimum inventory
- Analyze fabric needs across the brand and make recommendations to Production and Design for leveraging qualities across divisions
- Understand macroeconomic National and International environment for suitable advice to the management for achievement of organizational goal
- Understand and forecast the trends in vendor pricing and services to negotiate/terminate contracts
**Vendor Development**
- Locate and develop a network of vendors for sourcing raw materials, products, services, capital equipment’s and general items and evaluate them according to product availability and terms of sales
- Evaluate the credentials and the delivery capacity of the vendors
- Developing & sustaining long - standing relationships with vendors
**Process Implementation & Improvement**
- Develop and implement standard operating procedures for the purchase of materials and equipment
- Explore alternate for the products in consultation with the Business Units to ensure operational efficiency and cost reduction opportunities
- Generate new ideas to ensure cost efficiency and reduce cost of raw materials
**Salary**: ₹100,000.00 - ₹120,000.00 per month
Ability to Relocate:
- Mumbai, Maharashtra: Relocate before starting work (required)
Work Location: In person
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