The Sourcing Director oversees product sourcing, product management, product quality control, inventory control, product marketing, product packaging, and vendor program financial oversight for category programs bought for Retailers. This role will work in conjunction with the Oak Brook based merchandising team in developing these programs.
The Sourcing Director is responsible for ensuring that our overall procurement process allows to meet wholesale profitability goals while maintaining a competitive position relative to all types of optional distribution. This position is also responsible for ensuring that retailers achieve respectable retail profit margins relative to retail competition. The Sourcing Director must be able to fulfill the proper product value equation of service level, quality, and cost.
Additional responsibilities include overseeing all the program negotiations, including product development, market research, pricing, supply chain management, inventory control, advertising, wholesale profitability, retail margin management, and marketing to our customer, the Retailer. This role is responsible for developing and marketing across many regions of the world. This position must be able to develop and maintain a risk mitigation plan to assure a long term supply of critical high velocity product.
The Sourcing Director supervises Category Managers, Quality Control & Assurance and the Graphics & Packaging departments. This position requires excellent leadership skills to provide short and long term vision for the departments through market analysis, data analysis, and intuition. Strong problem solving abilities also play a key role in providing direction for the team.
The role additionally requires a proactive work ethic, relationship-building skills, analytical skills, strategic thinking, communication skills, resourcefulness, the ability to work effectively with cross-functional team members, multi-tasking, and time management skills.
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