Director of Global Sourcing and Costing
2 months ago
Definition of Ad Populum and Enesco's Business:
Ad Populum aligns corporate strategy and fosters growth across its unique, robust roster of subsidiary companies. We are a $1B consumer products group. Ad Populum's brands are legendary: NECA, the industry leader in pop culture action figures and collectibles; Joseph Enterprises, Inc. creators of American icons such as Chia Pet and The Clapper; Rubies, the world's largest designer, manufacturer, and distributor of Halloween costumes and accessories; Enesco, the respected leader in gifts and home décor, including collectible holiday villages by Department 56; Kidrobot, the premier creator of limited edition art toys and plush; WizKids, the experts in tabletop gaming and a top producer of miniatures and award-winning games worldwide; ExKaliber, an esteemed collective of Amazon brands that ranks among the top 150 Amazon sellers globally; Graceland, the home of Elvis Presley and Rock n Roll's top travel destination; and Radical Share serves as the internal digital marketing agency dedicated to the Ad Populum brand portfolio. We travel heavily in the entertainment license space developing licensed product for Disney, Warner Brothers, and DC to name a few.
Enesco, LLC is a well-known, recognized international leader in the gifts and home décor industry. Operating under the brand and portfolio trade names of Enesco Gift and Department 56, Enesco is renowned for designing, licensing, producing, and distributing creative, fun, and engaging consumer products. Enesco's portfolio includes some of the most recognized Company-owned brands such as Department 56 and The Original Snow Village, Possible Dreams, Our Name is Mud, Michelle Allen Designs, and Izzy & Oliver, as well as iconic licensed brands including Jim Shore, Disney, Lolita, Etta Vee, Grinch, Harry Potter, Sanrio, and Britto.
For more information, visit www.enesco.com
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General SummaryThe Director, Sourcing develops category, program and item sourcing strategies to support the overall company goals. This position works closely with the Product Development Team and Brand Managers on driving brand goals. The Director represents the best interest of Enesco with domestic and overseas agents and vendors. This role has amazing potential for growth and advancement for any high performing leader.
Duties and Responsibilities - Essential Functions
- Assists with technical design to ensure proper spec and construction is used for development
- Actively canvas the world for new sourcing resources; work closely with overseas agents and vendors to develop efficiencies and new resources that ultimately result in savings
- Researches, selects, and develops approved factories for production
- Works with agents and Product Development in the request for quotes process, researching sourcing requirements, documenting quotes, and coordinating sourcing activities
- Evaluate and analyze supplier proposals with Product Development and Brand Managers
- Negotiates production/cost of products with approved factories to execute approved quality, cost and on time delivery
- Obtains savings by analyzing landed cost and tracking savings on ROI
- Monitors production to ensure quality and on-time product delivery is maintained
- Works with CMO to ensure acceptable cost and delivery of products
- Partners with EVP, Asia Operations to develop and maintain supplier relationships
- Implement a Vendor Scorecard to analyze supplier spend data and process metrics to proactively recommend improvements
- Provides education and guidance to buying teams as well as product development regarding the value of adopting and complying with sourcing policies, procedures and processes
- Supports sourcing initiatives to address specific sourcing challenges while working with multiple business partners such as agents, Product Development and Merchandising
- Collaborate with brand teams to develop objective worksheets for identified programs and items to be considered for global sourcing activities and potential placement
- Define pertinent elements for sourcing programs and items, including freight on board price targets, trim/labeling/packaging components, product specifications for function and performance, regulatory and safety requirements, etc.
- Regularly maintain tracking and project timeline tools
- Monitor and support sample collection, approval and updating processes
- Manage quality assurance team and logistics, ensuring all product are subjected to and achieve quality assurance guidelines and processes
- Other duties and responsibilities as defined
Skills and Abilities
- Effective communication, including interaction with merchants, suppliers and service providers
- Understanding of the product development life cycle from both a merchandising and manufacturer's perspective
- Process oriented
- Strong analytical skills
- Trouble shooting and problem solving
- Multi-tasking and prioritization
- Attention to detail and accuracy
- Professional verbal and written communication skills
- MS Office skills
Education and Experience
- Minimum of 5 years merchandising experience with emphasis in Global Sourcing
- Previous global sourcing / product development / production experience
- Experience with a business intelligence software
- Experience in various sourcing practices, tools, and lead/support efforts to enhance the value of sourcing to the organization
- Bachelor's degree required
- Bilingual, Mandarin a plus
Working Conditions
Normal; no adverse or hazardous conditions
Requires global travel; predominately in Asia, multiple 3-4 week trips per year
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