Sourcing Manager

The TJX Companies, Inc.•Framingham, MA

7d•$95,800 - $122,100•Onsite

About The Position

The Sourcing Manager is responsible for the development and implementation of our sourcing strategy for TJX products designed in-house by our Product Design team. The responsibilities may include managing a sourcing specialist, procure sustainable materials with an eye on quality, newness and innovation, negotiating prices, and building strong internal and external relationships. This role collaborates with Product Development, Merchants, GS&P, Direct Vendors, Buying Agents, Global Buying Offices, Sustainability Team, and Legal.

Requirements

Bachelor’s degree in business, Merchandising, Finance or relevant experience
Proficient with Microsoft office suite
Advanced working knowledge of Microsoft Excel: pivot tables, v-lookups, formulas
Strong math and analytical skills
Able to unify and clearly present ideas to individuals and groups
Collaborative; works well in a team environment; strong communication skills
Meets deadlines; responds appropriately in a timely manner
Excellent multi-tasker, able to manage multiple projects/ programs simultaneously

Responsibilities

Partners with Stakeholders to realize desired outcomes
Adjusts approach to varying audiences
Engages in respectful, effective, timely communication; asks questions, listens to answers
Builds and maintains a strong network at all levels and across functions
Delivers Value on Time by finding or creating leverage, efficiencies and opportunities while identifying and mitigating risks
Leverages and continually develops relevant Sourcing knowledge
Production, Retail Math, Logistics Timing
International Commerce Rules/Regulations, Specialized Country Knowledge, Finance, Macro Economics, Sustainability Regulations and Tracking and more
Leads negotiations to achieve the best possible product mix at the target profit margins
Creates and executes negotiations strategy
Is the central point of communication for all Stakeholders (Agents/Vendors, Merchants, Product Team, etc) throughout the negotiations process
Maintains Costing dataset and related reporting, ensures accuracy and timeliness
Find and evaluate potential suppliers based on key criteria, including but not limited to capabilities, capacity, pricing/value, financial health and other considerations
Monitor supplier performance, capacity and health
Partner with Business Unit to create grow/maintain/shrink strategy based on the above and on business needs; executes strategy, monitors results, adjusts course as needed
Drives the business by transforming data and research into strategy and action; data and research may include: Product, Programs and Customer Needs , Business Intelligence , Inputs, Supply Chain, Manufacturing, Order History