Michaels Stores

Associate Global Sourcing Manager

Michaels Stores$70K — $95K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience.
  • 5+ years in sourcing, production, buying, or product development.
  • Solid negotiation and vendor management skills.
  • Exceptional organization and attention to detail.
  • Strong analytical and financial skills.

Responsibilities

  • Develop and execute sourcing strategies for assigned categories.
  • Manage relationships with global sourcing partners.
  • Create product solutions to support merchandising strategies.
  • Optimize vendor matrix for growth and profitability.
  • Collaborate with teams to evaluate vendor effectiveness.
  • Conduct data analysis for negotiation strategies.
  • Ensure production and shipment accountability across categories.

Benefits

  • Opportunity for international and domestic travel.
  • Work in a fast-paced and evolving environment.
  • Collaborative work with diverse internal and external stakeholders.
Full Job Description
Support Center - Irving

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.

Major Activities
  • 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.
  • International and domestic travel may be required to identify, evaluate, and manage a global vendor and agent network.
  • Other duties as assigned


Minimum Education
  • Bachelor's degree or equivalent experience

Minimum Type of Experience the Job Requires
  • Minimum 5 years of experience with a major retailer, brand or product development/sourcing company in a sourcing, production, buying or product development role


Other
  • 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.

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