Executive - Procurement

4 days ago

India Coats Group Full time ₹ 40,00,000 - ₹ 60,00,000 per year

Job Title: Executive - Procurement
Location: Ambasamudram

Role Purpose:

To manage the procurement process for Direct materials, including but not limited to Fibre, Filaments and Grey Threads by understanding business needs, identifying suppliers, negotiating contracts and ensuring timely delivery. Responsible for maintaining cost-effectiveness while upholding quality and compliance standards.

Principal Accountabilities:

  • Supplier Management – Identify, evaluate, and maintain relationships with suppliers to ensure quality and timely delivery.
  • Purchase Order Processing – Create and manage purchase orders, ensuring accuracy and compliance with internal policies.
  • Cost Optimization – Negotiate pricing and payment terms to achieve cost savings while maintaining quality standards.
  • Market Research – Monitor market trends and conduct supplier benchmarking to support strategic sourcing decisions.
  • Vendor Count Consolidation - Develop innovative sourcing of new vendors.
  • New product development- Artwork development coordination between commercial and vendors.
  • Import Shipment Clearance – Coordinate with freight forwarders and customs agents to ensure timely and compliant clearance of imported goods.
  • Contract Management – Draft, review, and manage procurement contracts for sub-contractors to ensure legal compliance and operational efficiency.
  • Compliance & Documentation – Ensure adherence to procurement policies, regulatory requirements and maintain accurate records.
  • e Auction scheduling for Packaging & Make Up Materials Waste- Issuing sales contract to buyer as per compliances.
  • Risk Management – Proactively identify and mitigate supply chain risks, including delays, quality issues or vendor failures.
  • Cross-functional Collaboration – Work closely with Finance, Supply Chain and Quality teams to align with business needs.
  • Reporting & Analysis – Generate procurement KPI reports and analyse data to support decision-making and continuous improvement.

Education, Qualifications and Experience:

  • Any graduate with minimum 3 to 5 years' experience in sourcing and vendor management.
  • Good written and verbal communication skills.
  • Knowledge in MS Office Excel and PowerPoint.
  • Attention to detail and ability to collaborate with multiple stakeholders.
  • Timely completion and execution of tasks.
  • Knowledge of SAP MM Module.
  • Understanding of Procure-to-Pay (P2P) Processes

 Desirable:

  •  BE/ B. Tech or MBA
  • Knowledge about Packaging and Makeup materials sourcing
  • Data analytics using Power BI or Tableau

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 textile 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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