Sourcing Manager
4 weeks ago
About the Role
We are seeking a highly skilled Sourcing Manager to join our team at The Lovesac Company. As a Sourcing Manager, you will be responsible for developing and managing strategic partnerships with best-in-class suppliers and internal stakeholders. This role will be responsible for developing and executing sourcing strategies, while supporting and enabling our product innovation pipeline.
Key Responsibilities
- Manage and drive the material sourcing and pre-production sample approval process for product development activities, while partnering cross-functionally to execute to brand strategies and financial targets.
- Own vendor communication, sample development and pre-production deliverables for respective product categories.
- Develop and execute sourcing strategies that drive best unit economics, while maintaining product quality and timeline.
- Identify, vet, and develop best-in-class electronics suppliers to support our product innovation pipeline.
- Continuously manage risk through stakeholder education on viable end-to-end sourcing and production timelines.
- Travel domestically and internationally to support product placement and cost negotiations.
- Responsible for monitoring supplier performance and leading QBRs with suppliers to review scorecards.
- Responsible to meet or exceed all goals and key performance indicators (KPIs) with a focus on leveraging spend, and COG unit reductions.
Requirements
- Bachelor's degree in business or other quantitative discipline preferred.
- Minimum of 5+ years' experience in the commodity management, strategic sourcing, and/or supply chain disciplines, with a specific focus in Consumer Electronics and Audio parts and components.
- Experience in sourcing Wi-Fi enabled speakers and familiarity with Qi chargers preferred, but not required.
- People management experience is preferred, but not required.
- Maintains the highest level of customer service, creating solutions and experiences that drive business results and engagement with the brand.
- Software requirements - indicate proficiency level and specific platforms needed.
- Exemplify each of our Lovesac values, at all times, be results driven and utilize knowledge to meet or exceed key performance indicators (KPIs), goals and deadlines.
What We Offer
- Financial Benefits: Annual Bonus Program, Annual and Inaugural Grant Equity Awards, 401K Matching Contribution, Financial Wellness Tools, Sales Incentive Program.
- Health and Wellness Benefits: Medical, Dental, Vision, Health Savings and Flexible Spending Accounts, Paid Parental Leave, Life/AD&D, Short Term and Long-Term Disability, Critical Illness and Accident Insurance, Employee Assistance Program.
- Paid Time Off: Up to 160 hours of paid time off within our fiscal calendar year, prorated from date of hire, 8 paid company recognized holidays, Summer Flex Time.
- Pet Insurance and generous Associate Discounts.
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