Sourcing Manager

2 months ago

new york city, United States Basic Resources, Inc. Full time

The Sourcing Manager collaborates with internal teams and drives external partners to produce brand-appropriate, quality seamless/cut&sew intimate merchandise at competitive prices. This position will develop and implement sourcing initiatives and take the lead in driving costing strategies to meet financial targets.


Responsibilities:

  • Identify a healthy ongoing vendor matrix that supports women’s intimates in seamless, cut and sew bonded/Mesh/Cotton/Rib programs for all channels.
  • Negotiate costs with global suppliers, tracking historical data and maintaining margins throughout product changes.
  • Manage development lead time with key vendors for on-time all costing data.
  • Estimate and analyze the cost of each product in the development stage.
  • Negotiate and achieve/exceed the MU goal set for each Brand.
  • Keep abreast of sourcing trends, global wage increases, currency fluctuations, raw material cost swings, and sourcing modes through research and seminars.
  • Establish new vendors, bringing them on board after capacity, competence, quality, and compliance review.
  • Continual evaluation of sourcing base to ensure best-in-class product placement.
  • Work along with the Director of Sourcing on allocation to ensure even distribution of orders as per vendor capabilities and capacities.
  • Travel globally as needed to manufacturing facilities to monitor production and search for new production opportunities, newness garments, and packaging.
  • Develop and maintain strong relationships with vendors, communicating with an international understanding.
  • Must be able to approach work strategically and multitask, managing day-to-day responsibilities in conjunction with ad-hoc projects requiring quick turn-time.
  • Proactive management of potential issues; driving to resolution with cross-functional teams
  • Ensure appropriate work is being done to build products into target costs while maintaining design integrity.
  • Continuous communication with design and raw material partners to ensure collaboration/alignment throughout the development process.
  • Lead discussions around initial flash costing at the development stage to ensure styles are within range of the cost target before the tech packs are released.
  • Drive collaboration to ensure tech pack accuracy for SMS in partnership with design, technical design.
  • Maintain knowledge of trade regulations, duty, testing protocol, production integrity and cycle times, fabric and garment construction, quality assurance, and compliance protocols.


Qualifications:

  • Bachelor’s Degree in textile, apparel, or global business disciplines preferred.
  • +7 years’ experience costing seamless and lingerie material/ components and technical. knowledge for executing an appropriate allocation and sourcing to support supply chain initiatives.
  • Managerial skills to align talents with business goals while providing growth opportunities for the next generation of managers.
  • knowledge of global sourcing hubs and their core competence; insight into cultural business practices and methods.
  • Advanced knowledge in the costing of finished apparel product and supply chain inputs.
  • Strong negotiation skills with a proven track record of profit achievements.
  • Must be able to break complex problems down, communicate findings, and resolve or recommend a solution.
  • Strategic and analytical thinker with intellectual agility.
  • Strong ability to multitask and work in a fast-paced environment under pressure.
  • Self-starter, deadline driven and highly organized.
  • Exposure to apparel engineering and knowledge of compliance, sustainability, and quality systems preferred.
  • Proficient in Microsoft Office Applications, PLM, Excel.


Annual salary starting is $90,000.


The disclosed salary range is commensurate with experience and does not reflect the total compensation package. Our associates have access to other valuable benefits that our Human Resources team is happy to share with candidates during the interview process.

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