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Description
The Sourcing Manager has an understanding of quality as it relates to evaluating vendor viability, production line setup, and the products themselves to meet company requirements. They work collaboratively with the quality department as well as the marketing and pricing teams to hit targets and deadlines. Specific hardline product experience, product development, sourcing, and manufacturing is necessary to be successful in this role. This role requires dynamic involvement with multiple groups throughout our business, provides a chance to make a big impact, and offers opportunities for career growth.
Duties and Responsibilities
- Build a strategic vendor base for prioritized HFT categories
- Assess a vendor's ability to ship on time, provide quality goods, and to produce their products at costs that meet the economic requirements of HFT
- Find, evaluate, and select vendors to supply products that are sold in HFT's retail stores
- Drive product line transitions from sourcing of viable vendors through product costing, sampling, and quality testing in our own laboratories
- Establish second sources that allow HFT to provide its customers with the same product from different vendors, while maintaining form, function, specifications, and cost. The product differences from second sources should be indiscernible to our customers.
- Identify new products that would enhance the HFT mix
- Provide competitor insight though discussions with vendors and first-hand knowledge
- Complete all sourcing activities in a timely manner and driving efficiencies whenever possible
- 40-60% overseas travel
- Collaborate closely with merchandising and packaging, quality and manuals, and sourcing teams on a daily basis to serve enterprise objectives and understand total impact of any actions
- Staff supervision and development — Yes
- Organization Scope: Global Sourcing- US, Shanghai and Taiwan
- Location— Remote
Requirements
Education and Experience
- Minimum of 6+ years of relevant and progressive buying experience in retail industry or 5 years' experience in project management and/or new product development role.
- Bachelor's Degree preferred
- Experience in a senior product management or purchasing role with a demonstrated ability to drive product implementation and strategy
- Experience with a fast-paced, high volume, efficient organization with emphasis on customer service and delivering results
- Experience in B2C companies with major distribution and overseas operations would be highly desirable
- Ability to research products and trends and analyze products and product specifications in supplier proposals
- Considerable attention to detail and sense of urgency to ensure value-added content in the purchasing process and confidence in the continuity of supply
- Sourcing merchandise through new and existing vendors, trips and tradeshows
- Ability generate and analyze sales reports and data
- Must be proficient with computers and automated process and systems
- Ideal candidate must be a self-starter, results driven and proven leadership ability
- Strong sense of urgency, collaborative team style, and ability to quickly adapt to changes in priorities
General office environment requiring ability to:
- Stand, walk, sit for extended periods of time
- Speak and listen to others in person and over the phone
- Use keyboard and read from computer screen and reports
- Lift up to 15 lbs.
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