Senior Director, New Item Sourcing + Development

WonderNew York, NY
39d$247,000 - $259,000Hybrid

About The Position

This role owns end-to-end Sourcing for all new food menu items. This role requires seamless coordination between internal teams (including our talented Chefs) and external suppliers.

Requirements

  • +5 years of experience in a Sourcing, Buying, or Category Management role
  • Existing network of industry contacts (suppliers, manufacturers, importers, etc).
  • Excellent negotiation, communication, and relationship management skills
  • Deep understanding of technical specifications and FSQA standards
  • Strong Excel skills including facility with data sets, formulas, and complex models
  • Detail-oriented with an ability to track and manage complex data
  • Strong problem-solving abilities and initiative to proactively address challenges
  • Interest in pricing, supplier management, and commercial decision-making
  • Highly organized with excellent attention to detail

Nice To Haves

  • Culinary experience and interest strongly preferred

Responsibilities

  • Lead New Product Sourcing (concept to commercialization) efforts to deliver aggressive COGS and Launch targets
  • Identify, build, and nurture effective relationships with key vendors and suppliers, ensuring continuous improvement in Quality, Cost, and Innovation
  • Work closely with internal teams, including R&D, Growth, FSQA, and supply chain, to ensure alignment in product development and sourcing strategies
  • Monitor and optimize product development costs, ensuring budget adherence without compromising quality.
  • Ensure timely testing and launch of all new products
  • Lead pricing negotiations to achieve aggressive margin goals
  • Liaise with suppliers to gather pricing, lead time, and specification information
  • Assist in managing the cost of goods sold (COGS) budget for new launches
  • Identify new product opportunities and support initial sourcing activities
  • Maintain accurate records of supplier/product data within procurement systems
  • Work proactively and collaboratively to resolve supplier and product issues as they arise
  • Maintain pricing/cost models to monitor product performance and supplier pricing
  • Analyze sales data to identify trends, cost changes, and margin opportunities
  • Prepare reports for internal stakeholders and supplier reviews, as needed
  • Contribute to budgeting and forecasting by compiling and interpreting data from internal systems and market sources
  • Track commodity/market trends to support commercial planning and risk analysis

Benefits

  • We offer a competitive salary package including equity and 401K.
  • Additionally, we provide multiple medical, dental, and vision plans to meet all of our employees' needs as well as many benefits and perks that are not listed.

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What This Job Offers

Job Type

Full-time

Career Level

Director

Industry

Food Services and Drinking Places

Education Level

No Education Listed

Number of Employees

1,001-5,000 employees

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