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loom solar pvt. ltd.

Purchase Head

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Job Description

1. Strategic Procurement

• Develop and implement procurement strategy aligned with business goals.

• Build long-term sourcing plans for solar products and components.

• Identify opportunities for cost optimization.

• Ensure procurement supports company growth plans.

2. Vendor Management & Development

• Develop and manage domestic and international supplier network.

• Evaluate suppliers based on quality, cost, delivery, and service.

• Conduct annual supplier performance reviews.

• Build alternate supplier base to reduce dependency risks.

• Negotiate annual contracts and commercial agreements.

3. Solar Industry Procurement

Solar Panels

• Solar cells

• Glass• EVA

• Backsheet

• Junction Boxes

• Aluminum Frames

• Packaging Materials

Inverters

• Electronics components

• PCB assemblies

• Power modules

• Transformers

• Enclosures

Batteries

• Lithium Cells

• BMS

• Battery Packs

• Connectors

• Enclosures

4. Cost Optimization

• Lead value engineering initiatives.

• Improve procurement efficiency.

• Reduce material cost through strategic negotiations.

• Identify localization opportunities.

• Drive annual cost reduction projects.

Target

• 3%–8% procurement cost reduction annually.

5. Inventory Planning

• Work closely with sales, operations, and production teams.

• Ensure optimal inventory levels.

• Prevent stock-outs and excess inventory.

• Improve inventory turnover.

KPIs• Inventory Days

• Material Availability

• Procurement Savings

6. Procurement Operations

• Approve Purchase Requisitions (PR).

• Approve Purchase Orders (PO).

• Monitor order fulfillment.

• Ensure timely material delivery.

• Resolve supply disruptions.

7. Compliance & Governance

• Ensure procurement policies are followed.

• Implement transparent vendor selection process.

• Ensure statutory and contractual compliance.

• Conduct procurement audits.

8. Cross-Functional Coordination

Work closely with:

• Sales Team

• Production Team

• Warehouse Team

• Finance Team

• Quality Team

• R&D Team

Key Performance Indicators (KPIs)

KPI Target

Material Availability >98%

Supplier On-Time Delivery >95%

Procurement Cost Savings 3%-8% annually

Inventory Turnover As per target

Stock-Out Incidents Zero Critical Stock-Outs

Alternate Source Development Minimum 2 suppliers per key item

Purchase Order Cycle Time Continuous improvementKPI Target

Vendor Quality Rejection Rate <1%

Forecast Accuracy Support High accuracy

Requirements

Education

• B.Tech / BE (Electrical, Mechanical, Electronics)

• MBA Supply Chain preferred

Certifications (Preferred)

• CIPS

• CSCP

• APICS

• Lean Six Sigma

Required Skills

Procurement Skills

• Strategic Sourcing

• Vendor Development

• Contract Negotiation

• Cost Analysis

• Global Procurement

Supply Chain Skills

• Inventory Planning

• Demand Forecasting

• Supply Risk Management

• Logistics Coordination

Technical Skills

• ERP Systems (SAP, Oracle, Microsoft Dynamics, NetSuite)

• Excel & Procurement Analytics

• Power BI Dashboard ReviewLeadership Skills

• Team Building

• Negotiation

• Stakeholder Management

• Decision Making

Benefits

Freedom : We allow you freedom to follow your passion

Opportunity to work with India's fastest growing SMB Company

Regular Training of Professional Skills such as Leadership, Problem Solving and Product

offerings.

Multifold chances increase to build the career in Solar Energy Sector

Exponential Growth in Salary and other remuneration

Great learning curve and hand on experience with leadership team about solar in future

More Info

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About Company

Job ID: 149062677