Hitech Group - Business Head - Thermoset Products

Key Responsibilities :

1. Operational Strategy & Leadership :

• Develop and execute strategic plans to optimize operational processes, enhance productivity, and achieve business objectives.
• Collaborate with the executive team to align operational strategies with overall company goals and market trends.
• Ensure the efficient utilization of resources to meet production targets while maintaining high standards of quality and safety.
• Monitor key performance indicators (KPIs) like cycle time, capacity utilization, and on-time delivery.
• Implement quality management systems and continuous improvement initiatives to enhance product quality and customer satisfaction.

2. Supply Chain & Vendor Management :

• Oversee the procurement of raw materials and components, negotiating contracts and agreements with suppliers to ensure cost-effective sourcing and timely delivery.
• Streamline supply chain processes to minimize lead times and inventory costs.
• Develop and maintain strong relationships with key vendors and partners to optimize supply chain efficiency and reliability.

3. Team Development and Leadership :

• Provide strong leadership and direction to departmental managers and staff, fostering a culture of teamwork, accountability, and continuous improvement.
• Lead and mentor functional heads in production, quality, procurement, and supply chain.
• Set clear performance goals and expectations, conduct regular performance evaluations and provide coaching and feedback to support employee development and growth.

4. Sales and Customer Focus :

• Lead the sales team and ensure that a motivated and strong sales structure is put in place and develop tailored production solutions.
• Create a culture of customer centricity and lead the team to resolve customer complaints and provide excellent customer service that exceeds customer's expectations.
• Implementation of sales targets at company level.
• Keep a on tab pricing structures, gross margin and profitability.
• Monitor collections to avoid outstanding beyond decided days.
• Periodically review customer wise performance, check on gaps in performance and formulate actionable steps to close the gaps.

5. Financial Management :

• Develop and manage operational budgets, forecasts, and financial performance metrics in collaboration with the HO finance team.
• Identify cost-saving opportunities and efficiency improvements to enhance profitability and operational efficiency.

6. Compliance and Risk Management :

• Ensure compliance with regulatory requirements, industry standards, and company policies related to manufacturing, safety and environmental regulations.
• Assess and mitigate operational risks, implementing appropriate controls and contingency plans to minimize business disruptions.

7. Technology Integration :

• Drive the adoption of innovative technologies to streamline manufacturing processes, enhance product quality and reduce costs.
• Lead digital transformation initiatives, including automation, data analytics, and IoT integration, to improve operational efficiency and decision-making.

8. Sustainability and Innovation :

• Implement sustainable practices to minimize environmental impact and enhance corporate social responsibility.
• Encourage innovation in product solutions, exploring new materials and technologies to meet evolving industry Bachelor's degree in engineering, preferably related to thermosets, MBA or advanced degree preferred.
• Proven experience in a senior operational leadership role within the thermosets industry.
• Strong technical knowledge of thermosets manufacturing processes, equipment, and technologies.
• Demonstrated ability to develop and execute operational strategies that drive business growth and profitability.
• Excellent leadership, communication, and interpersonal skills, with the ability to inspire and motivate teams.
• Proficiency in financial analysis, budgeting, and resource allocation.
• Strong leadership, communication, and team-building skills.

Key Performance Indicators (KPIs) :

• Achievement of production targets within budget and timelines.
• Gross profit margin improvement.
• Reduction in operational costs and waste.
• Employee productivity and retention rates.
• Customer satisfaction and on-time delivery performance.

This role offers the opportunity to significantly impact the company's growth trajectory while leading a dynamic team in a fast-paced manufacturing environment.

(ref : iimjobs.com)