Purchase Head- Consumer Electronics

The Purchase Head Consumer Electronics at myG holds a senior leadership position with the responsibility of formulating and implementing the procurement and sourcing strategy for the Consumer Electronics category. This role is crucial in ensuring competitive pricing, vendor efficiency, regulatory compliance, and inventory optimization. Leading a team of Product Managers, this position focuses on margin enhancement, cost control, supplier performance, innovation, and operational scalability to support myG's business expansion across 130 stores and future developments. Key Responsibilities: - Develop and execute a comprehensive procurement strategy for all CE categories in alignment with business objectives and market trends. - Monitor category performance and adjust sourcing plans accordingly. - Provide category-specific purchase planning and stock allocation support for new store rollouts. - Attain cost savings and target margins through effective negotiations and sourcing strategies. - Stay updated on market price trends, cost drivers, and vendor commercials to secure competitive pricing. - Manage category-wise budgets and pricing frameworks in alignment with profitability metrics. - Cultivate strong partnerships with top-tier Consumer Electronics brands and suppliers. - Lead supplier evaluation, contract negotiations, and performance tracking. - Monitor and enforce vendor SLAs, ensuring adherence to delivery timelines, returns, and service quality metrics. - Ensure products meet requisite quality standards, warranty coverage, and statutory certifications. - Uphold compliance with legal, safety, and environmental regulations. - Define stock budgets and ageing thresholds across all CE categories. - Collaborate with the supply chain to optimize stock rotation, demand forecasting, and purchase planning. - Drive innovation in sourcing processes and systems. - Identify and implement automation and digital tools for enhanced visibility and procurement efficiency. Requirements: - Bachelor's degree in Business, Supply Chain, Engineering, or a related field. - MBA/PGDM in Supply Chain or Retail Management preferred. - Minimum 10-15 years of experience in procurement or category management in retail, electronics, or e-commerce. - Proven track record in leading high-value vendor negotiations, strategic sourcing, and managing extensive product portfolios. - Thorough understanding of CE products, vendor ecosystems, and pricing strategies. - Familiarity with inventory planning tools, ERP systems, and supply chain software. - Expertise in establishing robust commercial partnerships and executing contracts. The Purchase Head - CE plays a pivotal role in shaping the category strategy, vendor ecosystem, and operational excellence for myG's Consumer Electronics vertical. The ideal candidate will exhibit commercial acumen, negotiation skills, team leadership qualities, and the ability to foster innovation and growth in a dynamic, multi-store retail environment. Location: Calicut Job Type: Full-time Benefits: - Life insurance Schedule: - Day shift - Performance bonus Experience: - Purchasing: 10 years (Preferred) Work Location: In person,