Head - Strategic Sourcing

PeopleStrong; Bengaluru; On-site; INR 1,500,000 - 2,200,000; Full time

Job summary

Madura Fashion and Lifestyle is seeking a senior professional to lead the fabrics sourcing operations. You will drive procurement strategies for raw materials, coordinate with multiple brands, and ensure timely delivery at optimal costs.

Responsibilities include evaluating spend, conducting RFQ/RFP processes, and negotiating agreements with mills. You will work across wholesale, retail, and export channels to optimize supplier performance and cost outcomes.

Qualifications

• Oversee procurement of raw materials - fabric and trims to meet business goals.
• Assess current spend and develop strategic sourcing roadmaps.
• Lead price discovery through RFQ/RFP/e-bidding and negotiate.
• Drive OTIF and cost optimization across sourcing operations.

Responsibilities

• Lead fabrics sourcing operations across channels to meet seasonal and annual requirements.
• Implement sourcing strategy, ensuring quality and cost efficiency.
• Manage RFQ/RFP/e-bidding and negotiate final price agreements.
• Monitor vendor performance and drive continuous improvement.
• Develop supplier base and manage risk mitigation.
• Coordinate with brands, design, and product teams for alignment.
• Ensure GRIR and vendor reconciliations are controlled.

Skills

Strategic Sourcing

Analytical Sourcing - Pipeline

Education

MBA Tech

Job description

BUSINESS_UNIT-1 Madura Fashion and Lifestyle

BUSINESS_UNIT-2 MFL Support Functions

BUSINESS_UNIT-3 MFL Support Functions

DEPARTMENT-1 MFL Support Functions

DEPARTMENT-2 Central Sourcing

Country India

Function Sourcing & Procurement

Skills

Skill

Strategic Sourcing Analytical Sourcing - Pipeline

MBA Tech

CERTIFICATION

Job Description

Job Purpose

1. To oversee the procurement process that continuously improves and re-evaluates the purchasing activities of the company by leading the sourcing operations of raw materials - fabric and trims, in line with the business requirement ensuring high quality and OTIF.
2. Assess the company's current spend, develop new sourcing strategy, identify right supply mix, coordinate and monitor the purchasing activities right from raw material sourcing to delivery.
3. Price Discovery Process thru RFQ / RFP/ E bidding & one to one price Negotiation. Ensure that costs are in accordance with the Price Agreements closed by Strategic sourcing.

MFL operates through various channels (Wholesale, Retail, Depletion and Exports). This position has to lead, manage and drive the Fabrics Sourcing Operations effectively and efficiently in line with business requirements (Seasonal / Annual) with Sourcing strategy and ensuring Quality & Cost Effective procurement in line with product and category requirements.

Key Challenges

• 1. To ensure right vendor mix is recommended for higher OTIF, right costs and right quality.
• 2. Seasonal Sourcing Strategy in line with business requirements.
• 3. Budgeting, Monitoring & Control of Sourcing to ensure right Product Costs & resultant GP
• 4. Market intelligence on raw material price movements / competition prices etc.
• 5. New Vendor identification, evaluation, induction and development.
• 6. Continuous Vendor Base Consolidation & Expansion Optimization
• 7. Seasonal directions on sourcing with appropriate region mix to get cost advatange in light of ever rising RM costs.
• 8. Risk Mitigation.
• 9. Continuous Improvement in sourcing and adopting industry best practices.
• 10. Establish Strong Relationships with Supplier partners for mutual growth.
• 11. People Development & High Performance Management in fabric sourcing

Key Result Areas

KRA (Accountabilities) (Max 1325 Characters)

Supporting Actions (Max 1325 Characters)

KRA1 Price Discovery thru RFQ / RFP / E bidding 1. Prepare the category profile for the current spend across brands and categories for anlaysis.
2. Align with Brands new requirements and create the sourcing strategy for the season.
3. Conduct RFQ / RFP process with all the key mills for season.
4. Arrive at Final price agreements for the season and communicate to all stake holders.
5. Validate that the POs are raised as per final code level rates, in accordance with the finalized contracts.

KRA2 Sampling Expenses 1. Arrive at the estimated overall season's sampling expenses based on the brands inputs
2. Ensure that Sample spend is approved and in line with the approved value.

KRA3 Sourcing Strategy 1. Define the Seasons Sourcing strategy considering:
2. Current raw material prices - cotton, yarn, polyester etc.,
3. Right Vendor Mix management
4. Risk mitigation
5. Avenues of Cost advantages.
6. New Product innovations
7. New vendor inductions

KRA4 International Sourcing 1. Identify new opportunities for global sourcing (eg. Vietnam / combodia / Turkey)
2. Induction of new suppliers after evaluation
3. Finalisze products to be sourced.
4. Educate the vendors wrt MFL quality standards
5. New Price Agreements.

KRA5 Vendor Relationship Management 1. Maintain an effective business relationship with suppliers to ensure that business objectives are met
2. Monitor and ensure outstanding discrepancies and overview resolving the vendor payments on a routine basis.
3. Communicate Mission Happiness scores and VPQI to ensure that the suppliers are educated to deliver the quality products.

KRA6 Partner Innovation Summits 1. Conduct PIS twice in a year.
2. Invite Supplier partners in India and across globe for PIS and esnure that right atmosphere is provided for their Product presentation.
3. Communicate to all the stake holders - brand, design, product, sourcing etc and ensure for active participation.

KRA7 People Development & Leadership 1. Ensure planned direction to team members provided to ensure strategy is implemented with continuous monitoring.
2. Engage with Brand, Design, Product teams to align with the sourcing strategy and international sourcing recommendations.
3. Engage with other functions - factory stores, finance /commercials, vendors, sourcing teams etc in controlling GRIR and vendor reconciliations.
4. Provide feedback and train people on their functional competencies