
Executive
2 weeks ago
**Date**:16 Jul 2025
**Location**: IN
**Company**:Coats
**Job Title**: Executive - Procurement (Band 7)
**Division**: Apparel
**Function**: Procurement
**Status**: Full-time
**Location**: Madurai
**Role Purpose**
The Executive - Procurement will be responsible for managing long-term procurement agreements, strategic sourcing, vendor partnerships, and overseeing the complete Procure-to-Pay (P2P) cycle across distribution centers. This role demands a strong focus on cost optimization, process compliance, vendor coordination, and effective stakeholder engagement.
**Key Responsibilities**
**1. Procurement Strategy & Vendor Management**- Manage and oversee long-term C&F (Clearing & Forwarding) agreements including BOOT (Build, Own, Operate, Transfer) model contracts.- Identify, evaluate, and finalize vendor partnerships for:
- Road, Air & Sea Freight- Courier & Last-Mile Delivery- Customs House Agent (CHA) services- Manage agreements and contracts with suppliers to ensure compliance and performance.
**2. Strategic Sourcing - Indirect Procurement**- Handle strategic sourcing for:
- Capital Expenditure (Capex)- Office Consumables- Professional Business Services- IT-related purchases
**3. Procure-to-Pay (P2P) Process Management**- Validate purchase requests and ensure approvals align with Delegation of Authority (DoA).- Create and maintain Purchase Information Records (PIR) in VPMS.- Generate Purchase Orders (POs) in SAP for materials and services.- Raise requests for vendor advances and new item code creation through SNOW.- Ensure timely communication of PO and advance details to vendors.- Follow up with suppliers to ensure timely delivery and service fulfillment.- Coordinate with Finance for vendor advance reconciliation and resolution of GST defaults.
**4. Systems & Data Management**- Create and update vendor codes and master data in VDMS.- Organize, manage, and analyze large datasets to drive actionable insights and support procurement decisions.
**5. Stakeholder & Operational Support**- Liaise with Customs House Agents and freight forwarders to address customs clearance issues.- Support end users across distribution centers for smooth procurement operations.- Monitor supplier performance and drive continuous improvement initiatives.
**Required Skills & Competencies**- Strong negotiation and vendor management skills- Proficiency in SAP, VPMS, VDMS, and SNOW systems- Knowledge of procurement policies and compliance requirements- Analytical mindset with the ability to handle and interpret large data sets- Excellent communication and coordination skills
At Coats Group, we are committed to innovation, excellence, and fostering a diverse and collaborative environment where every team member can thrive. If you are passionate about making an impact in the têxtile industry and eager to join a global leader with a rich heritage and a forward-thinking approach, we invite you to take the next step in your career with us.
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