Strategic Sourcing Manager

Varsity Brands•Farmers Branch, TX

4d•Hybrid

About The Position

The Strategic Sourcing Manager is responsible for developing and executing sourcing strategies to ensure that a company's procurement operations are cost-effective, efficient, and aligned with overall business objectives. This role involves identifying, evaluating, and selecting suppliers, negotiating pricing, managing supplier relationships, and driving cost-effective sourcing practices globally. The individual will ensure that procurement operations align with the company’s goals, supply chain requirements, and sustainability objectives.

Requirements

Proven experience in supplier negotiation and relationship management.
Strong apparel/soft lines cost negotiation and communication skills specific to apparel/softlines product lines
Familiarity with fabric-raw material textiles
Proficient in apparel/softlines development process which includes full product lifecycle management activities (i.e. pattern/grading; construction sew; etc.)
In-depth knowledge of apparel/softlines sourcing strategies and supplier relationship management
Strong financial acumen to understand and interpret financial data, including budgets, cost structures, and key metrics
Analytical skills with the ability to assess data and market trends
Cross-cultural competency and experience managing international suppliers
Ability to influence key stakeholders while managing processes
Organizes, plans, and manages projects
Evaluates and makes sound decisions and understands complex issues
4-year College degree or equivalent business experience preferred
Five to Ten years’ experience in sourcing, procurement, product development, or supply chain management, with a proven track record of managing sourcing functions in a global environment.

Responsibilities

Develop and execute a global sourcing strategy to meet the company’s objectives, balancing cost, quality, and delivery timelines across regions.
Identify, evaluate, and onboard global suppliers. Build and maintain strong, long-term relationships with key suppliers to ensure high-quality products/services and reliability.
Negotiate best pricing with suppliers. Drive cost savings through effective apparel negotiation best practices and continuous supplier evaluation.
Continuously monitor and analyze sourcing performance to identify opportunities for cost reductions, process improvements, and efficiency gains.
Conduct market research to stay updated on global sourcing trends, pricing, and supplier innovations. Assess supplier performance and market conditions regularly to adjust sourcing strategies.
Work closely with product development, procurement, quality assurance, finance, and logistics teams to ensure alignment of sourcing strategies with business needs and goals.
Identify and mitigate sourcing risks, such as geopolitical factors, supply chain disruptions, and currency fluctuations. Develop contingency plans to ensure continuity of supply.
Ensure sourcing practices are aligned with corporate sustainability goals, ethical sourcing standards, and compliance with global regulatory requirements.
Develop and present reports on sourcing activities, supplier performance, cost savings, and strategic initiatives to senior management.