Associate Global Sourcing Manager

Michaels Stores•Irving, TX

2d•Onsite

About The Position

The Associate Global Sourcing Manager will work with the Global Sourcing Manager to execute private brand sourcing strategies, deliver business objectives, and meet the financial goals established by the company for assigned product categories. This role involves developing and executing sourcing strategies, managing Global Sourcing Partners, and developing vendor and product solutions to support the Merchandising strategy. The goal is to ensure the company's objectives of product innovation and quality are met, while establishing an optimal vendor matrix that drives category growth, flexibility, speed to market, and profitability. The position requires collaboration with the Global Sourcing Manager and offshore offices to identify and evaluate vendors, leveraging the vendor matrix for the best cost and value. Data collection and analysis for projects such as RFPs, category analysis, and vendor analysis are key, as is developing and executing negotiation strategies to meet savings pipeline objectives. Partnering with the Product Development Team to understand product roadmaps and innovation needs is crucial for selecting the right vendor partners. The role is accountable for vendor production assignments, production allocation, and ensuring production, on-time shipments, and overall execution for assigned product categories. The Associate Global Sourcing Manager will serve as a key internal link between various stakeholders including Category Management, Sourcing, Product Development, Quality Assurance, Logistics, Vendor Relations, Finance, Supply Chain, Legal, Inventory Management, Michaels Global Sourcing Asia Offices, Vendors, and Buying Agents. International and domestic travel may be required.

Requirements

Minimum 5 years of experience with a major retailer, brand or product development/sourcing company in a sourcing, production, buying or product development role
Solid negotiation and vendor management skills
Exceptionally organized and detail oriented
Strong analytical and financial skills
Intermediate knowledge to Excel
Demonstrates leadership skills including strategic thinking and problem solving
Excellent communication skills, written and verbal
Ability to thrive in a fast paced and constantly evolving environment
Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.

Responsibilities

Develop and execute Sourcing strategies for assigned categories.
Matrix management of Global Sourcing Partners directly or indirectly through Michaels Global Sourcing Asian Offices.
Develop vendor and product solutions in support of the Merchandising strategy, ensure that the Company's goals of product innovation and quality are achieved.
Deliver optimal vendor matrix that drives category growth, flexibility, speed to market and profitability.
Collaborate with Global Sourcing Manager and offshore office to identify and evaluate an effective vendor matrix.
Leverage the vendor matrix across the company to provide the best "cost" and "value" equation.
Collect data and conduct analysis for projects including RFP, category/classification, and vendor analysis, to develop and execute negotiation strategies.
Responsible to deliver saving pipeline objectives.
Partner with Product Development Team to understand product roadmap, development strategy and innovation needs.
Select the right vendor partners to execute program effectively.
Accountable for vendor production assignments and production allocation.
Responsible for production, on-time shipments, and overall execution for assigned product categories.
Be a key internal link between all internal and external stakeholders including Category Management, Sourcing, Product Development, Quality Assurance, Logistics, Vendor Relations, Finance, Supply Chain, Legal, Inventory Management, Michaels Global Sourcing Asia Offices, Vendors, and Buying Agents.