Lead-sourcing

Job Requirements This role is to a Develop Strategic sourcing model for Appearance parts for a Watch Watch and Components like Watch Case Straps Dials Hands etc b Demand Supply and Inventory management c Meeting Multi Stakeholders requirements with Solution provider mind set WIN WIN approach d Legal Statutory and Ethical Compliance Management e To establish ensure all the commercial transaction in line with IFC SOP External Interfaces Internal Interfaces Vendors IND and Overseas Suppliers Subcontractors Government Regulatory authorities Industry forums Communities NGO s Demand Planning Merchandising DOM IBD Central Planning New Product Development HKO Sourcing Sourcing Verticals Premium Indirect Logistics Mfg Plants and COE Full Watch vertical Assembly Quality Function Commercial Indirect taxation Finance Logistics Coordination IT Job Requirements Education Engineering Graduate Post-Graduate Mechanical EEE or ECE with Masters MBA PGDMA Relevant Experience UG 15 years PG 12 years Behavioural Skills Good Interpersonal Communication skill Ability to influence key stakeholders Ability to lead diverse team Developing a high performing team Develop higher engagement with Vendors Suppliers Elevated level of perseverance with positive energy Ideal Profile Preferably from Manufacturing FMCG background with 20 Vendors Should be revered in entire procurement life cycle Development till Delivery of domestic and overseas sourcing Business acumen in direct material procurement no Indirect or Capex Quality Planning Control and Improvement process Product costing and Pricing process Negotiation process Number of SKUs more than 1000 Should have handled a team of 7-8 reportees Direct Indirect Exposure to ERP IT and Emerging technologies Vendor Relationship Management Practices Planning methodologies - Demand Production and Inventory Mgt Sound in SAP EPR and new digital applications Ability to analyse complex data draw connections and advocate a coherent strategy for improvement Expected Process Contributions Expected Process Contribution Process Outcome Performance Measure Strategic Sourcing 1 Develop Implement review Sourcing strategy for appearance parts - PAN India and Overseas 2 Supply chain Risk management 3 Collaborative capacity Management 4 Supplier Market Analysis Long term and Annual business plan Risk Mitigation Plan Material cost control Supply - Demand trend analysis Optimized Sourcing plan for the year and mid term 1-3 years Continuity of Supply Total Cost ownership Price discovery and Benchmarking Demand Delivery Management 1 Capacity Planning 2 Flexibility Management 3 Capability building 4 Bottleneck Management 5 New Product Development Delivering to Market Demand Agreed Plan Weekly Volume Monthly Aligned delivery for new products and Overall Volume Inventory Management 1 Inventory Planning by incorporating Business requirements and other sourcing aspects 2 Managing by monitoring and mid-course correction initiatives 3 Aiming to minimise eliminate aged inventory Inventory in line with Business requirement Declining trend on aged and excess inventory Month on Month Inventory plan vs actual for Sourcing Aged inventory Excess inventory plan vs actual Innovation 1 Process innovation 2 Product innovation by collaborating with Vendor partners and ISCM ecosystem Re-Imagining sourcing for 2030 New Features New Product offering to Brands Market No of AI ML IT BI improvements 5 New features year on year Break through offering for cost competitiveness Make In India 1 Developing a Dashboard for MII Index 2 Showcasing Sharing to IND ecosystem on an ongoing basis on the Imports Features Cost 3 Capability building Planning for change over Maximise Make in India Declining trend on China dependability on UCP value Vendor Partnering 1 Co creating solution end to end delivering to Market requirement 2 New Vendor Alternate vendor exploration on an ongoing basis 3 Vendor relationship Management through engagement initiatives and communication Vendor continuity sustainability Delivering to business requirement V-SAT score Cost Management 1 Budgeting Process Management 2 Cost reduction focus 3 Pricing Process Management Budgeting Process Cost reduction Savings Plan for the year and Mid term Cost structure analysis Price revision calendar Credit Terms Material Budget Mat cost at Brand level Min 3 w r t Material budget Material cost at Brand level Compliance to System and Processes 1 Legal Statutory compliance 2 Ethical Process Policy 3 Audit Internal External SOA SOD Compliances to systems Procedure No Major audit findings Compliance to IFC and SOA People Management 1 Competency Development 2 R R 3 Career Planning Training intervention planning Enhanced Employee motivation Enhanced Engagement Enhancement of Engagement and Survey outcome FCM and IDP Plans