Senior Executive - Sourcing
Aditya Birla Fashion and Retail Ltd.India2 days ago
Full-timeBusiness Development, Sales
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Key Result Areas
Supporting Actions
Ensure ABLBL brands-Fabric Sourcing is available on time with predefined quality and at targeted costs for conversion.
Fabric Procurement: All Categories of AE wear
End-to-End responsibility for Fabric Sourcing for AE. In this role is responsible for following:
Supporting Actions
Ensure ABLBL brands-Fabric Sourcing is available on time with predefined quality and at targeted costs for conversion.
Fabric Procurement: All Categories of AE wear
End-to-End responsibility for Fabric Sourcing for AE. In this role is responsible for following:
- Formulating Seasonal Fabric sourcing strategy with Strategic sourcing teams aligning Brands plans for the season in terms of Volumes, GTM stories & New Initiatives
- Seasonal / Annual Sourcing Planning and ensuring Quality & Cost-Effective Sourcing in line with business requirements
- Plan and procure fabrics against demand – This includes all categories – Shirting, Bottom Weight, S&B, Knit fabrics for Shirts, Trousers & S&B and from Domestic & International mills.
- Monthly BCDS process with Demand team – Process where incumbent plans & aligns fabric inwards with Brand Demand & Product team enabling release of BCDS.
- Negotiate costs along with strategic sourcing with mills in line with targets set for the season and achieve targeted savings as a part of project CRP
- Completion of activities like PO release, LC opening, GRIR closure, Pre-shipment approval & testing, FRA closure & DA Release
- Budgeting, Monitoring & Control of Sourcing- Fabric Costs effective cost negotiation to ensure right product costs and GP realization
- Coordinate with Design & Product teams to plan requirement for all fabrics for woven products and in adherence to business calendar
- Source fabrics locally and globally
- Product re-engineering for costs and quality improvement.
- Lead time reduction for close to Market & OTB orders
- Plan, Source, Monitor & Control delivery of fabrics on time in adherence to business Calendar for all categories and ensure Contingency Measures in case of a fabric delay or rejection
- Formulate/ Adhere SOP and Systems for effective and efficient Sourcing Operations.
- Further consolidation of fabric qualities and vendor bases to achieve consistent quality, build deep relationship with vendor, create agility in the supply chain
- Develop and Implement Quality Assurance & Control Systems atFabric Vendor Locations to ensure quality supplies and ensure practices in conjunction with suppliers to ensure quality standards are met and consistency maintained
- Fabric premiumization – Upgradation of fabric bases and vendor consolidation
- Meet annualized targeted savings by sourcing from alternate vendor, product re-engineering, hard negotiation
- Look for opportunity buy as 15%-20% of the overall buy at least 20% lesser cost than fresh fabric price
- Make sure any new product to go through 20 wash appearance test and rigorous wearer trial process before adoption
- Ensure expectations w.r.t quality and future plans are communicated to the vendor from time to time
- Ensure Technical support to vendors for improving quality levels, efficiency and cost optimization
- Build an effective working relationship with manufacturing vendors to ensure that business objectives are met
- Introduce vendors who are ethical and transparent in dealing
- Introduce vendors who have strong financial records ( PNL, cash flow etc)
- Introduce vendors who bring differentiated product at least possible cost
- Map fabric / fashion trends, raw material prices and relevant knowledge / domain trends in the market and note necessary interventions, actions or adaptation to be done so as to ensure sourcing functions effectiveness
- Identify suppliers globally and document an exhaustive vendor database with relevant information on capability and capacity
- To be a part of organizing mill week customized to brand product /category requirements
- Ensure Continuous fueling of new developments and initiates, value addition, fashion content and product improvements with respect to fabrics across categories
- Functional & Operational support and facilitation to internal customers- Design & Product Team
- Introduction of at least 2-3 differentiated new block buster product every year which can be a property for next few years growth story
- Adding fashionability quotient for need in depth knowledge of global, local and unorganized sector sourcing
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