Sourcing Manager
1 month ago
We are a dynamic and innovative furniture company dedicated to providing Total Comfort to our customers. Our mission is to design and deliver high-quality, adaptable, and washable furniture solutions that meet the evolving needs of our customers. At The Lovesac Company, we strive to create a culture that encourages teamwork, creativity, and continuous improvement.
Job SummaryWe are seeking an experienced Sourcing Manager to join our team. The successful candidate will be responsible for developing and executing strategic sourcing strategies to drive best-in-class unit economics, while maintaining product quality and timeline. This role will also involve managing vendor communication, sample development, and pre-production deliverables for respective product categories.
Key Responsibilities- Develop and execute sourcing strategies to drive best-in-class unit economics, while maintaining product quality and timeline.
- Manage vendor communication, sample development, and pre-production deliverables for respective product categories.
- Identify, vet, and develop best-in-class electronics suppliers to support our product innovation pipeline.
- Responsible for monitoring supplier performance and leading QBRs with suppliers to review scorecards.
- Meet or exceed all goals and key performance indicators (KPIs) with a focus on leveraging spend and COG unit reductions.
- 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 Electronics, parts and components.
- 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.
- Exemplify each of our company values, at all times, be results-driven, and utilize knowledge to meet or exceed key performance indicators (KPIs), goals, and deadlines.
- 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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