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Loyal Textiles - Vice President - Operations & Transformation
Loyal Textile Mills LtdChennai, India9 days ago
Job descriptionLead the transition from legacy operational inefficiencies to a lean, performance-driven culture. Design and execute phased closure, sale, or restructuring of loss-making Textile Business units (Spinning, Weaving, and Knitting units). Shift focus and resources toward high-margin, scalable, and sustainable business units-primarily Garments and Textile Processing. Aggressively reduce fixed costs (including Manpower costs, overheads, maintenance, and underutilized assets) to industry-benchmark levels. Drive unit-wise profitability analysis and discontinue or consolidate non-performing cost centers. Set up strong cost accounting mechanisms for real-time control and corrective actions. Establish SOPs and SLAs across all units to standardize quality, productivity, and compliance. Monitor and realign production capacities across locations based on demand, margin contribution, and capability. Harmonize logistics and resource utilization across sites for maximum synergies. Scale up capacity, productivity, and market responsiveness in Garments and Textile Processing. Drive automation, energy efficiency, and waste reduction programs in these core units. Integrate production planning with sales forecasts for agile delivery and cost control. Reorganize teams for speed, accountability, and outcome-orientation. Work closely with HR to redefine KRAs aligned with unit profitability and individual impact. Create a "business-unit CEO" / Intrapreneurial culture for each location / function. Act as the Execution Anchor to support the Directors' vision. Provide structured monthly updates with operational KPIs, turnaround progress, and financial impact. Build trust and transparency with the leadership team through data-backed decisions and visible change. Ensure all active units meet regulatory, labor, and environmental standards. Prioritize safety and ESG compliance in retained facilities. Support green certifications and circularity programs in Processing and Garments segments. Within the first 1-6 months, the role is expected to drive a complete strategic exit or cost-minimized operations in Spinning, Weaving, and Knitting units, alongside achieving a 30% quarter-on-quarter reduction in fixed costs. Simultaneously, Garments and Processing units should deliver a minimum EBITDA margin of 15%, while working capital days are reduced by 20%. The incumbent must ensure 100% compliance in monthly reporting by the 5th of each month, and deliver 25-30% manpower cost optimization by Month 3, while retaining critical talent. We are looking for a dynamic, hands-on operations leader with a strong engineering background and a proven track record in the textile industry. The ideal candidate will have 15+ years of experience, including at least the last 4-5 years in a senior role within textiles, with P&L ownership and a solid grip on multi-location operational management. They should be energetic, factory-focused, and ready to travel or be based on-site as needed. Fluency in Tamil is essential for effective team coordination. A strong command over data analysis, number-driven decision-making, and proficiency in MS Office tools is critical. Candidates must bring a blend of strategic insight and operational execution capability.
Role Objective : .
- To drive the financial and operational turnaround of a multi-location integrated textile company by focusing on profitable and sustainable verticals (Garments & Processing), restructuring non-performing units, optimizing cost structures, and establishing robust execution frameworks under the leadership of a new Director.
Key Responsibilities : Operational Turnaround Strategy.
Cost Optimization & Profitability Management.
Multi-Location Operations Leadership.
Garments & Processing Growth Enablement.
People Management & Organization Restructuring.
Governance & Collaboration with Directors.
Compliance, Safety & ESG.
Success Indicators (1-6 months) : .
Who Will Be the Right Fit.
ref : iimjobs.com)
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Vice President • Chennai, India
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