Supply Chain Executive

Job Information

Date Opened
- 09/05/2024

Job Type
- Full time

Industry
- Technology

Work Experience
- 4-5 years

Salary
- 10 K+

City
- Hyderabad

State/Province
- Telangana

Country
- India

Zip/Postal Code
- 500081

**About Us**:
Futuristic Labs is exactly what it sounds like - a place to 'dream' and 'build' futuristic products. A research and product development studio with an enthusiastic team working towards building innovative consumer products to create a future with a superior and healthier lifestyle.

At the moment we are set out to solve home cooking. To achieve this, we have RIKU, our flagship product, which is a fully automatic, AI-assisted rice and curry maker. Other products in this ecosystem are Semi
- A Smart induction cooktop, A digital kitchen app and a Recipe platform. The perfect blend of hardware and software.

So if you love good home-cooked food and are excited to build an automated solution for the entire cooking process, then this is the place for you

**Position Overview**:
**Key Responsibilities**:
Technical Product Sourcing:

- Identify and establish relationships with domestic and international vendors.
- Evaluate and select suppliers based on quality, cost, and reliability.
- Negotiate contracts and agreements to secure favorable terms and conditions.

Logistics Management:

- Develop and implement logistics strategies to ensure timely delivery of materials and products.
- Coordinate and manage transportation, warehousing, and distribution activities.
- Monitor and optimize logistics costs while maintaining high service levels.

Inventory Management:

- Oversee inventory planning and control to meet production and customer demands.
- Implement inventory management systems and practices to minimize stockouts and excess inventory.
- Conduct regular audits and analyze inventory data to improve accuracy and efficiency.

Manufacturing Lead Time Reduction:

- Collaborate with manufacturing teams to identify and implement process improvements.
- Develop strategies to reduce lead times and enhance production efficiency.
- Monitor production schedules and ensure timely delivery of products.

Cross-Functional Collaboration:

- Work closely with production, rapid prototyping, mechanical, and product teams to align supply chain activities with company goals.
- Facilitate effective communication and collaboration across departments.
- Participate in product development and innovation initiatives to support new product launches.

Supplier Relationship Management:

- Maintain strong relationships with key suppliers and vendors.
- Monitor supplier performance and address any issues or concerns.
- Conduct regular reviews and assessments to ensure supplier compliance with quality standards.

Data Analysis and Reporting:

- Analyze supply chain data and metrics to identify trends and areas for improvement.
- Prepare and present reports on supply chain performance to senior management.
- Utilize data-driven insights to make informed decisions and drive continuous improvement.

**Requirements**:

- Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or a related field; Master's degree/MBA preferred.
- Minimum of 6-8 years of experience in supply chain management, preferably in a technical or manufacturing environment.
- Proven track record in technical product sourcing, logistics, and inventory management.
- Strong negotiation, analytical, and problem-solving skills.
- Excellent communication and interpersonal abilities.
- Ability to thrive in a fast-paced, start-up environment and manage multiple priorities.
- Proficiency in supply chain management software and tools.
- Experience working with international vendors and understanding of global supply chain dynamics.

**Benefits**:

- Opportunity to be part of an innovative and rapidly growing start-up.
- Collaborative and dynamic work environment.
- Competitive salary and benefits package.
- Chance to make a significant impact on the future of kitchen automation.