Job
Description
As the Assistant Vice President (AVP) or Vice President (VP) of Supply Chain Management (SCM) at our Head Office in Delhi, you will play a crucial role in overseeing the procurement and management of raw materials essential for our business operations. Reporting directly to the Executive Director, you will lead a dedicated Purchase Team and collaborate closely with SBU Heads, production teams, and other key stakeholders to ensure the smooth functioning of the supply chain processes. Your responsibilities will encompass a wide range of activities aimed at enhancing vendor relationships, optimizing costs, managing inventory efficiently, ensuring quality standards, and nurturing a high-performance team environment. Vendor Development: - Analyze raw material and other requirements based on the business plan to establish a robust network of reliable and cost-effective vendors and suppliers in the domestic market. - Continuously explore alternative sources to mitigate dependency on existing suppliers and enhance pricing competitiveness. - Define material specifications, manufacturing processes, quality standards, and pricing structures for vendors and suppliers. - Conduct costing analysis for new materials and engage in effective negotiations with vendors to secure favorable terms. - Collaborate with SBU Heads and production teams for the development of new vendors and prototyping of innovative products. Materials Planning & Purchase: - Work with SBU Heads and production teams to devise comprehensive materials planning strategies and prevent any disruptions in production due to material shortages. - Establish purchase Standard Operating Procedures (SOPs) to streamline the procurement process. - Maintain active communication and engagement with suppliers to ensure uninterrupted supply of raw materials. - Coordinate with the Quality team to conduct regular quality inspections at supplier facilities and upon material receipt. - Generate supplier performance reports based on quality metrics, costs, and delivery timelines. - Ensure timely creation and processing of purchase orders in the system. Inventory Management: - Collaborate closely with production, store, and sales teams to optimize inventory levels and reduce inventory days. - Define minimum and maximum stock levels for all items to maintain adequate inventory. - Engage in continuous dialogue with suppliers to guarantee sufficient stock availability to meet regular demand, with a special focus on raw materials. - Ensure maximum utilization of production capacity and prevent production losses due to material shortages. Cost Optimization: - Drive profitability by procuring raw materials from the domestic market at agreed-upon or lower prices. - Identify opportunities for cost reduction compared to previous purchases and align with the business plan, ED, Purchase Head, and Finance Department. - Conduct thorough research to identify vendors across the country for raw material procurement, supported by cost-benefit analysis. Quality: - Monitor product and service quality delivered by suppliers. - Conduct regular audits of supplier processes and procedures in collaboration with the Quality team, ensuring compliance with defined standards. - Develop supplier performance metrics based on quality, claim settlements, and delivery timeliness, sharing these insights with the management. - Uphold product quality within agreed-upon standards set during negotiations or agreements. People Management: - Foster a harmonious and ethical work environment with a zero-tolerance policy towards unethical behavior or disruptions. - Motivate, monitor, and manage the team within a high-growth setting. - Establish clear Key Result Areas (KRAs) and Key Performance Indicators (KPIs) for team members to enhance role clarity and performance evaluation. - Monitor team performance closely and proactively devise training and development initiatives to boost productivity. - Instill company values and behaviors as integral aspects of the organizational culture. In this critical leadership role, your contributions will be instrumental in driving operational excellence, cost efficiency, and quality assurance within the supply chain function.,
