Supply Chain Executive

Futuristic Labs


Date: 3 weeks ago
City: Hyderabad, Telangana
Contract type: Full time

About Us:


Futuristic Labs is exactly what it sounds like - a place to 'dream' and 'build' futuristic products. A research and product development studio with an enthusiastic team working towards building innovative consumer products to create a future with a superior and healthier lifestyle.


http://futuristiclabs.io/

http://getriku.com

http://cookwithsemi.com


At the moment we are set out to solve home cooking. To achieve this, we have RIKU, our flagship product, which is a fully automatic, AI-assisted rice and curry maker. Other products in this ecosystem are Semi- A Smart induction cooktop, A digital kitchen app and a Recipe platform. The perfect blend of hardware and software.


So if you love good home-cooked food and are excited to build an automated solution for the entire cooking process, then this is the place for you!


Position Overview:

We are seeking an experienced and strategic Senior Supply Chain Executive to join our team. The ideal candidate will be responsible for overseeing and optimizing our supply chain operations, including technical product sourcing, logistics management, inventory management, and manufacturing processes. This role requires a proactive leader who can collaborate effectively with production, rapid prototyping, mechanical, and product teams to ensure the seamless flow of materials and products.


Key Responsibilities:


Technical Product Sourcing:

  • Identify and establish relationships with domestic and international vendors.
  • Evaluate and select suppliers based on quality, cost, and reliability.
  • Negotiate contracts and agreements to secure favorable terms and conditions.

Logistics Management:

  • Develop and implement logistics strategies to ensure timely delivery of materials and products.
  • Coordinate and manage transportation, warehousing, and distribution activities.
  • Monitor and optimize logistics costs while maintaining high service levels.

Inventory Management:

  • Oversee inventory planning and control to meet production and customer demands.
  • Implement inventory management systems and practices to minimize stockouts and excess inventory.
  • Conduct regular audits and analyze inventory data to improve accuracy and efficiency.

Manufacturing Lead Time Reduction:

  • Collaborate with manufacturing teams to identify and implement process improvements.
  • Develop strategies to reduce lead times and enhance production efficiency.
  • Monitor production schedules and ensure timely delivery of products.

Cross-Functional Collaboration:

  • Work closely with production, rapid prototyping, mechanical, and product teams to align supply chain activities with company goals.
  • Facilitate effective communication and collaboration across departments.
  • Participate in product development and innovation initiatives to support new product launches.

Supplier Relationship Management:

  • Maintain strong relationships with key suppliers and vendors.
  • Monitor supplier performance and address any issues or concerns.
  • Conduct regular reviews and assessments to ensure supplier compliance with quality standards.

Data Analysis and Reporting:

  • Analyze supply chain data and metrics to identify trends and areas for improvement.
  • Prepare and present reports on supply chain performance to senior management.
  • Utilize data-driven insights to make informed decisions and drive continuous improvement.


Qualifications:

  • Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or a related field; Master's degree/MBA preferred.
  • Minimum of 6-8 years of experience in supply chain management, preferably in a technical or manufacturing environment.
  • Proven track record in technical product sourcing, logistics, and inventory management.
  • Strong negotiation, analytical, and problem-solving skills.
  • Excellent communication and interpersonal abilities.
  • Ability to thrive in a fast-paced, start-up environment and manage multiple priorities.
  • Proficiency in supply chain management software and tools.
  • Experience working with international vendors and understanding of global supply chain dynamics.


Why Join Us:

  • Opportunity to be part of an innovative and rapidly growing start-up.
  • Collaborative and dynamic work environment.
  • Competitive salary and benefits package.
  • Chance to make a significant impact on the future of kitchen automation.

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