- Execute and advise on vendor strategies utilizing a vendor matrix to support Product Development and Buying strategies (including vendor allocation and sku rationalization)
- Negotiate favorable first costs based on targets provided by the Merchant team and effectively ensure design and materials are aligned to either first cost target or cost engineer on design and material direction
- Develop and monitor pre-production activities (sample development, quotes, packaging, etc.) to ensure all are completed in a timely manner
- Track sampling of product, escalating potential delays and ensuring that samples are available for review by deadlines set in the product development calendar
- Analyze and calculate costs of procurement and suggest methods to decrease expenditure; Achieve class margin goals
- Monitor purchase order milestones to ensure development is approved prior to ordering and any outstanding approvals are escalated to senior management
- Identify and track vendor capabilities, including:
- Innovation in design and production (materials and techniques)
- Value - Cost and quality
- CSR
- Assess and analyze vendor capacities and partner with planning teams to utilize projections and forecasts
- Improve vendor reliability through the management of vendor performance
- Assess, react, and communicate to appropriate business units on missed production or purchase order deadlines
- Supervise Associate Sourcing Manager and support achievement of individual savings targets
- Look into new markets/suppliers for additional resources and to fill assortment gaps
- Negotiate chargebacks for quality and or late shipment issues
- Mitigate tariffs by recommending engineering changes, buying ahead, factory location changes and finding new suppliers
- Condense vendor lead times based on volume and expected growth
- Track vendor capacity and make recommendations to grow, maintain or decline
- Work on streamlining protocols, procedures and expectations with our agents
- Strong understanding of manufacturing processes for assigned categories and knowledge of international market conditions (labor, currency, material costs, etc.)
- Excellent communication skills, including multi-cultural awareness and effective communication with overseas vendors and agents
- Ability to manage and develop direct reports
- Ability to manage a timing and action calendar
- Negotiating skills
- Strong financial reporting and quantitative analysis skills
- Flexible and agile working style to adapt to changing business needs
- Ability to travel overseas (typically twice annually)
- 7+ years furniture sourcing or product development experience
- 5+ years management experience
- Bachelor's in business, merchandising, or related field
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Senior Sourcing Manager, Furniture - Northbrook, United States - Crate&Barrel
Description
We inspire purpose-filled living that brings joy to the modern home. With a team of more than 8,000 associates spanning 130 store and distribution locations across the U.S. and Canada, we achieve together, drive results and innovate to inspire. Drawn together by a shared passion for our customers and a spirit of fun, we deliver high-quality home furnishings that are expertly designed, responsibly sourced and bring beauty and function to people's homes. From the day we opened our first store in Chicago in 1962 to the digital innovations that engage millions of customers today, our iconic brand is over 60 years in the making-and our story is still unfolding.
We're here for it. We think you should be to o. We're looking for a driven professional with an inclusive mindset to join our team as a Senior Sourcing Planner, Furniture (Dining and Outdoor).
The Senior Sourcing Manager will lead a team responsible for managing department level sourcing. The associate will be responsible for cultivating cross-functional and vendor relationships to optimize cost strategy and vendor network and be the point person for our agents all over the world.
This is a hybrid position that typically required three days per week in our Northbrook, IL headquarters office.
A day in the life as a Senior Sourcing Manager...
What you'll bring to the table...
We'd love to hear from you if you have...
#li-hybrid
Euromarket Designs, Inc., which does business as Crate and Barrel and CB2, will be referred to as "the Company". The Company is deeply committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the application process, or in order to perform the essential functions of a position, please contact the location you are applying to here and ask to speak with a manager regarding the nature of your request. The Company is an equal opportunity employer; applicants are considered for all positions without regard to race, color, religious creed, sex, national origin, citizenship status, age, physical or mental disability, sexual orientation, gender identity, marital, parental, veteran or military status, unfavorable military discharge, or any other status protected by applicable federal, state or local law. The Company participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the US. State / City Compliance: The Company will consider for employment qualified applicants with criminal history, including arrest and conviction records, in accordance with the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance.
