Senior Executive - Sourcing
Aditya Birla Fashion and Retail Ltd.•Karnataka, India
fulltime
5+ years
Key Result Areas Supporting ActionsEnsure 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 Vendor Development & Relationship Management 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 Manage Sourcing Initiatives 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