The Sourcing Manager has an understanding of quality as it relates to evaluating vendor viability, production line setup, and the products themselves to meet company requirements. They work collaboratively with the quality department as well as the marketing and pricing teams to hit targets and deadlines. Specific hardline product experience, product development, sourcing, and manufacturing is necessary to be successful in this role. This role requires dynamic involvement with multiple groups throughout our business, provides a chance to make a big impact, and offers opportunities for career growth.
- Build a strategic vendor base for prioritized HFT categories
- Assess a vendor's ability to ship on time, provide quality goods, and to produce their products at costs that meet the economic requirements of HFT
- Find, evaluate, and select vendors to supply products that are sold in HFT's retail stores
- Drive product line transitions from sourcing of viable vendors through product costing, sampling, and quality testing in our own laboratories
- Establish second sources that allow HFT to provide its customers with the same product from different vendors, while maintaining form, function, specifications, and cost. The product differences from second sources should be indiscernible to our customers.
- Identify new products that would enhance the HFT mix
- Provide competitor insight though discussions with vendors and first-hand knowledge
- Complete all sourcing activities in a timely manner and driving efficiencies whenever possible
- 40-60% overseas travel
- Collaborate closely with merchandising and packaging, quality and manuals, and sourcing teams on a daily basis to serve enterprise objectives and understand total impact of any actions
- Staff supervision and development - Yes
- Organization Scope: Global Sourcing- US, Shanghai and Taiwan
- Location- Remote
- Minimum of 6+ years of relevant and progressive buying experience in retail industry or 5 years' experience in project management and/or new product development role.
- Bachelor's Degree preferred
- Experience in a senior product management or purchasing role with a demonstrated ability to drive product implementation and strategy
- Experience with a fast-paced, high volume, efficient organization with emphasis on customer service and delivering results
- Experience in B2C companies with major distribution and overseas operations would be highly desirable
- Ability to research products and trends and analyze products and product specifications in supplier proposals
- Considerable attention to detail and sense of urgency to ensure value-added content in the purchasing process and confidence in the continuity of supply
- Sourcing merchandise through new and existing vendors, trips and tradeshows
- Ability generate and analyze sales reports and data
- Must be proficient with computers and automated process and systems
- Ideal candidate must be a self-starter, results driven and proven leadership ability
- Strong sense of urgency, collaborative team style, and ability to quickly adapt to changes in priorities
General office environment requiring ability to:
- Stand, walk, sit for extended periods of time
- Speak and listen to others in person and over the phone
- Use keyboard and read from computer screen and reports
- Lift up to 15 lbs.
We're a 45 year-old, $8 billion national tool retailer with the energy, enthusiasm, and growth potential of a start-up. We have over 1,500 stores in 48 states across the country and are opening several new locations every week. We offer our customers more than 7,000 tools and accessories, from hand tools and generators to air and power tools, from shop equipment to automotive tools. We provide our customers with the right tool for the right job at the right price, always delivering quality and value.
The anticipated salary range for this position is $114,400 - $171,700 depending on location, knowledge, skills, education and experience. This position is also eligible for an annual discretionary bonus. In addition, we offer comprehensive and competitive benefits to Associates (and their families) such as medical, dental, vision, life insurance, short-term and long-term disability. Eligible Associates are able to enroll in our company's 401k plan. Associates will accrue paid time off up to 236 hours per year (inclusive of PTO, floating holidays, and paid holidays). Paid sick time up to 80 hours per year unless otherwise required by law.
What We Do
We're a 45 year-old, $7.7 billion national tool retailer with the energy, enthusiasm, and growth potential of a start-up. We have over 1,400 stores in 48 states across the country and are opening several new locations every week. We offer our customers more than 7,000 tools and accessories, from hand tools and generators to air and power tools, from shop equipment to automotive tools. We provide our customers with the right tool for the right job at the right price, always delivering quality and value.