Director - Merchandise Sourcing & Strategy

Maritz•Fenton, MO

1d•Hybrid

About The Position

The Director, Merchandise Sourcing & Strategy leads the global sourcing and procurement strategy team within Engagement Solutions to ensure the Rewards buying team is sourcing the right catalog products, at the right cost, quality, and timing while aligning sourcing decisions with the company’s overall business strategy. Analyze global redemption patterns and develop sourcing strategies to maximize profitability and drive reward redemption.

Requirements

Bachelor's degree required or equivalent work experience
6 years of Procurement or Buying experience required
Demonstrated negotiating skills, specifically with outside suppliers
Proven planning and organization skills
Execution-focused, ability to set and meet aggressive goals/timelines
5+ years of people leadership experience managing cross functional teams
Demonstrated ability to work well with others in a collaborative, team environment
Must be proficient with Microsoft Excel, Word and PowerPoint

Nice To Haves

Master's preferred

Responsibilities

Manage global sourcing strategy by category and region
Identify and qualify new suppliers and sourcing markets
Own vendor selection, onboarding and supplier partnership
Monitor market trends and geopolitical impacts
Drive supplier innovation and continuous improvement initiatives
Drive cost savings, margin improvement, supplier diversification, and supply continuity
Align purchasing strategies with merchandising plans and overall ES reward strategy
Oversee global buying decisions and contracting
Partner with merchandising and planning teams on forecasts
Optimize product availability
Evaluate product costs, pricing, and profitability
Support new product launches and category growth initiatives
Identify and adhere to Custom Programs Service Level Agreements
Maintain appropriate inventory value level
Review vendors for historical delivery pattern and work with Manager(s) and Assistants, Merchandising and Sourcing to adjust item lead times
Generate and review Reorder Item Analysis Reports for creation of Authorization to Buy Form for Client Owned inventory
Identify any categories and/or items with increased or decreased redemption
Sets pricing and target margin objectives in order to drive overall profitability
Directs competitive pricing analysis
Define new tax categories required for reporting and analysis
Analyze and determine appropriate cost components in rewards pricing
Evaluate effectiveness of promotional efforts
Responsible for forecasting and achieving rebate and back-end funding targets