Dy Manager/ Assistant Manager - Trims & Accessories Sourcing, Textile

Job Objective and Overview:

Identify develop vendors for supply of all types of Fabrics, trims, Accessories to meet company's textile production requirements. Research to understand company's operations needs and evaluate every sourcing alternative.

• Role: Dy Manager/ Assistant Manager - Trims & Accessories Sourcing
• Industry: Textile & Apparels
• Department: Home Textile division
• Employment Type: Full Time, Permanent
• Location: Bangalore

Main Responsibilities:

• Negotiating price & contract terms for continuous & in time supply of the materials. Supervise every negotiation and provide guidelines to prepare documents for purchasing and making a contract.
• Build relationships with vendors and key suppliers. Negotiate to minimize the cost of materials and get the best possible price.
• Keep abreast of industry and market trends and best practices. Adhere to all relevant guidelines and regulations
• Contribute towards enhancing profitability by (i)making availability of quality materials on time,(ii) controlling or reducing costs, (iii)improving payment terms,(iv) reducing inventory and (v)optimizing supply chain efficiencies.
• Develop a sourcing plan for both for local and international sources, so that fast and effectively sourcing operations are possible. Monitor sourcing strategy and change the strategy according to the market condition.
• Need to ensure that the decision-making process is supported by technical and functional knowledge of the category and leading-edge analytical methods which encompass people, systems and financial measures.
• Coordinate with Designers, Merchandising team, Product development, production planning and inventory team, for existing/new product developments and trends forecasting. Coordinating with Fabric producing mills, vendors and suppliers for quality and timely delivery of fabrics/Trims/Accessories.
• Perform and analysis Monthly forecasting report to ensure and maintain acceptable inventory level.
• Coordinate with international logistic personnel to ensure proper shipment delivery.
• Evaluate letter of credit documents and collaborate with accounting department to ensure timely financial obligations.
• Evaluation of quality of raw materials so that right quality materials can source.
• Should be able to handle independently purchase of raw materials, oversee knitting, dyeing and other processes in entire fabric production.

Skills and Qualifications :

• Science/Engineering Graduate with PG Dip in Logistics/SCM
• 8+ years Experience in Textile Industry in Procurement pref of Trims and Accessories.
• Should be from technical background, thorough knowledge of fabric/trims/accessories used in apparel industry.
• Should have strong analytical, negotiation, contracting and communication skills.
• Should have adequate skills to develop and implement sourcing and negotiation strategies for the company.
• Ability to think strategically so that the company can take advantage of business processes, industry dynamics, supplier experiences, and manufacturing practices, and general market conditions, etc.
• Ability to perform financial analysis of the cost of every sourcing.
• Ability to work with various levels of suppliers from the local and international market.
• Excellent teamwork skills and proven aptitude to partner effectively with a wide range of stakeholders (i.e., top management, colleagues, suppliers, and internal/external customers).
• Ability to work independently, prioritize and multi-task while maintaining a positive and collaborative attitude.