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    Job · 22477970

    Loom Solar Private Limited logo

    Purchase Head

    Loom Solar Private Limited · Not specified · onsite · Posted 1d ago

    Not disclosedFresherfulltimeSourced fromFoundit

    About a minute. You'll make an account on the way through.

    About this role

    Key Responsibilities

    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

    Sourced from foundit

    Skills

    Solar industry procurementCost optimizationprocurement strategyinventory planningProcurement OperationsCross Functional CoordinationCompliance & GovernanceVendor Management

    About Loom Solar

    Loom Solar Private Limited logo

    Loom Solar Private Limited

    Power

    300

    employees

    2018

    8 years old

    Faridabad, Haryana

    IN

    ₹3.9L PA avg

    Avg at Loom Solar

    About

    Loom Solar Vision to Provide Solar Energy to Every home

    Industries

    Power

    Employee ratings

    10 reviews

    3.9/ 5

    Culture

    3.8

    Career growth

    3.8

    Work-life

    3.7

    Employees rate it well for

    Overall Company39Work-Life Balance38

    Find them on

    WebsiteLinkedInAmbitionBox reviews

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