Head Appearance Parts Sourcing For Main Line

Job description
Job Description: Head Appearance Parts Sourcing for Main Line

Job Description

Unique Job Role

Head – Appearance Parts Sourcing for Main Line

Function

ISCM

Reporting to

Balaji N – Divisional Manager

Business

W & W Division

Grade

Deputy Group Manager

Date

04/06/2024

Job Details

This role is to

a) Develop Strategic sourcing model for Appearance parts for a Watch (Watch and Components like Watch Case, Straps, Dials, Hands, etc)

b) Demand, Supply and Inventory management.

c) Meeting Multi Stakeholders requirements with Solution provider mind set & WIN: WIN approach

d) Legal, Statutory and Ethical Compliance Management

e) To establish & ensure all the commercial transaction in line with IFC / SOP.

External Interfaces

Internal Interfaces

Vendors: IND and Overseas
Suppliers & Subcontractors
Government & Regulatory authorities
Industry forums
Communities & NGO’s

Demand Planning & Merchandising (DOM & IBD)
Central Planning
New Product Development
HKO: Sourcing
Sourcing Verticals: Premium, Indirect & Logistics, Mfg. Plants and COE, Full Watch vertical
Assembly
Quality Function
Commercial
Indirect taxation
Finance
Logistics Coordination
IT
Job Requirements

Education

Engineering Graduate/ Post-Graduate: Mechanical, EEE or ECE with MBA / PGDMA

Relevant Experience

UG: 15+ years, PG: 12+ years

Behavioural Skills

Good Interpersonal & Communication skill
Ability to influence key stakeholders.
Ability to lead diverse team.
Developing a high performing team
Develop higher engagement with Vendors & Suppliers
Elevated level of perseverance with positive energy
Knowledge

On Sourcing Processes
Business acumen
Quality Planning, Control, and Improvement process
Product costing and Pricing process
Negotiation process
Exposure to ERP / IT and Emerging technologies
Vendor Relationship Management Practices
Planning methodologies – Demand, Production, and Inventory Mgt.
SAP IT processes for Planning & Execution (PP, MM & CO modules)
Ability to analyse complex data, draw connections and advocate a coherent strategy for improvement.
Expected Process Contributions

Expected Process Contribution

Process Outcome

Performance Measure

Strategic Sourcing

1. Develop, Implement & review Sourcing strategy for appearance parts – PAN India and Overseas

2. Supply chain Risk management.

3. Collaborative capacity Management

4. Supplier Market Analysis

Long term and Annual business plan
Risk Mitigation Plan
Material cost control
Supply – Demand trend analysis

Optimized Sourcing plan for the year and mid term (1-3 years)
Continuity of Supply
Total Cost ownership
Price discovery and Benchmarking
Demand & Delivery Management

1. Capacity Planning

2. Flexibility Management

3. Capability building

4. Bottleneck Management

5. New Product Development

Delivering to Market Demand / Agreed Plan

Weekly Volume & Monthly Aligned delivery for new products and Overall Volume
Inventory Management

1. Inventory Planning by incorporating Business requirements and other sourcing aspects.

2. Managing by monitoring and mid-course correction / initiatives

3. Aiming to minimise / eliminate aged inventory

Inventory in line with Business requirement.
Declining trend on aged and excess inventory: Month on Month

Inventory plan vs actual for Sourcing.
Aged inventory & Excess inventory plan vs actual
Innovation

1. Process innovation.

2. Product innovation by collaborating with Vendor partners and ISCM ecosystem

Re-Imagining sourcing for 2030
New Features / New Product offering to Brands / Market

No of AI / ML / IT / BI improvements
5 New features year on year
Break through offering for cost competitiveness
Make In India

1. Developing a Dashboard for MII Index

2. Showcasing & Sharing to IND ecosystem on an ongoing basis on the Imports: Features & Cost

3. Capability building & Planning for change over

Maximise Make in India

Declining trend on China dependability on UCP value
Vendor Partnering

1. Co creating solution end to end delivering to Market requirement.

2. New Vendor & Alternate vendor exploration on an ongoing basis

3. Vendor relationship Management through engagement initiatives and communication

Vendor continuity & sustainability

Delivering to business requirement
V-SAT score
Role: Procurement / Sourcing Head
Industry Type: Industrial Automation
Department: Procurement & Supply Chain
Employment Type: Full Time, Permanent
Role Category: Procurement & Purchase
Education
UG: B.Tech/B.E. in Mechanical
PG: MBA/PGDM in Any Specialization
Key Skills
Indirect & LogisticsMfg. Plants and COE