Sr. Sourcing Analyst
2 weeks ago
FabFitFun is looking for a Senior Sourcing Analyst to join our Sourcing team This role will be an integral part of our sourcing team and will report to the Senior Director, Sourcing.
Location: This role is based out of our HQ in Beverly Hills, CA and is not eligible for remote. We are presently operating from a hybrid schedule of 4 days a week in-office (Monday-Thursday).
What You'll Do:
Sourcing and Production
- Drive the sourcing process for Box products and help to hold stakeholders accountable to key milestones including samples, quotations, cost breakdowns, approvals and OTD
- In coordination with the production team, vet and manage the capacity and production schedules through delivery for all Box manufacturing.
- Create technical specification packages for all developed merchandise including materials, measurements, and packaging used for production
- Develop and source new product concepts for licensed and owned & operated products
- Manage payment terms for all direct import programs
Supplier Management
- Drive supplier management processes including selection, onboarding, capacity planning, cost negotiations and profitability analysis and hold suppliers accountable to FFF requirements
- Help to prepare bi-annual performance reviews for suppliers, monitor, and track their KPIs
- Collaborate with legal team on master contracts, certificates of insurance and other legal documents
Economics and Trade Compliance
- Track import trade policy around duty, raw material, labor, and freight costs and forecast and communicate the impact to the organization
- Understand application of HTSUS duty impact at the product level and be able to consult back to organization on potential changes
- Analyze economic indicators and impact on the future cost of goods in key commodities
Manufacturing Expertise
- Build on manufacturing expertise, to evaluate and qualify vendors to manufacture hard and soft goods at scale.
- Ensure product is designed for repeatable manufacturing at large scale.
- Become the in-house expert on manufacturing techniques and provides alternate production and material options to mitigate costs and production risks
What You'll Bring:
- Bachelor's degree in Sourcing, Supply Chain or related field
- Minimum of 3 years of experience in project management, sourcing, product development, purchasing or supply chain management with a focus on strategic sourcing and supplier development
- Demonstrated ability to work in multi-cultural environment
- High degree of emotional intelligence and empathy; able to build relationships with different cultures from around the world
- Desire to create strategic plans and execute them
- Strong business acumen, with the ability to translate business strategy into Sourcing initiatives in a highly dynamic business environment
- Ability to develop collaborative relationships with internal and external partner
- Ability to manage and prioritize multiple competing priorities
- Analytical, statistical, and problem-solving skills
- Solutions focused, comfortable working in an environment which demands strong deliverables including the ability to identify problems and drive appropriate solutions
- Strong internal and external customer focus
- High level of knowledge of manufacturing processes and quality standards
- Excellent organizational and interpersonal skills
- Excellent written and verbal communications
- Demonstrated ability to work in multicultural environment.
This is a full-time position with an expected base salary range of $85K-$90K. The compensation package will also include an initial equity grant, in addition to a range of generous medical, dental, vision and other perks & benefits. Compensation decisions are determined using a variety of job-related factors such as skill set, geographic location, market demands, experience, and education / certifications. If we extend an offer for employment, we will consider all individual qualifications.
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