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Global Sourcing Manager
2 months ago
The TJX Companies, Inc. is seeking a highly skilled Global Sourcing Manager to join our team. As a key member of our procurement team, you will be responsible for sourcing corporate brand programs by building relationships with suppliers, negotiating prices, and determining appropriate allocation of orders.
Key Responsibilities- Sourcing and Negotiation: Source and negotiate programs that offer best quality, price, delivery, flow, and placement balance through face-to-face meetings, daily email communication, and conference calls.
- Supplier Selection: Collaboratively select suppliers capable of producing the desired quality within the contracted delivery and balancing risk.
- Supplier Evaluation: Continuously evaluate the supplier base to ensure it is well-balanced. Identify and recommend changes in structure as necessary.
- Time and Action Calendar: Work with the Merchant, Product Development, or Buying Teams on specific product categories to establish a realistic Time and Action Calendar. Review, update, and communicate the calendar as necessary to accommodate global holidays and events.
- Negotiation Strategies: Understand and apply knowledge of raw materials, currencies, downtime opportunities, country capabilities, etc. to strategize negotiations and placements.
- Travel and Relationship Building: Travel overseas to meet with suppliers to build relationships, negotiate as necessary, review current production, assess performance, and identify potential opportunities.
- Factory Compliance: Ensure factories can meet our requirements. Assist in confirming factories are socially compliant. Arrange home office visits with suppliers to explore new opportunities.
- Production Issues: Resolve production issues that require a cost concession by working with management, suppliers, and buyers. Approve all factory/country of origin changes with guidance from management and ensure Letters of Credit are modified accordingly.
- Price Confirmation: Work with Buyers and Product Managers during price confirmation to achieve desired quality and value. Assist Product Managers in working with Buyers to resolve issues as needed.
- Special Projects: Perform special projects as needed.
- Experience sourcing for Footwear or Home Textiles preferred
- University graduate with minimum 6 years' solid experience in sourcing and production or related field of which at least 2 years' management experience in buying office, agent, or well-known importer catering to U.S. Market
- Managerial experience in assigned category in U.S., Canada, or UK retail market
- Proven leadership experience in managing staff, including ongoing performance management, development, and empowerment of subordinates from various backgrounds
- Spanish or Portuguese language preferred
- Working knowledge of buying office, manufacturing principles, materials, production process, U.S. customs, and International logistics and trade with hands-on approach
- Excellent interpersonal skills with proven record of building relationships
- Exceptional organization, problem-solving, negotiation, and time management skills
- Independent with a passion for products and knowledgeable in latest market trends
- Strong business acumen and entrepreneurial
- Willing and able to frequently travel to explore new opportunities