What You'll Do: - Creates and executes strategies that align with the Company goals for reducing costs and meeting company financial expectations, while managing vendor relationships
- Oversee and direct product costing and sourcing activities to ensure all financial goals and objectives are met
- Lead global sourcing strategy to ensure the aggressive savings targets set up by the Company and business needs are being met
- Identify and manage global sourcing strategies to establish and implement a sourcing strategy focusing on cost, quality, and delivery
- Conduct industry analysis to provide proactive insight into sourcing strategy
- Initiate, direct and conduct all activities relating to negotiating, evaluating, selecting, and implementing preferred supplier contacts
- Represent the Company and negotiate contracts with global suppliers which include negotiating price, capacity, terms and conditions in support of those agreements
- Act as the interface to supplier; ensure supplier development and partnership; and ensure that suppliers meet key requirements and obligations
- Provide overall direction for total system cost modeling and developing "should cost" estimates
- Identify and implement problem solving methods for cost control and improvement projects each year in partnership with factories
- Manage maintenance of a material cost library and implement tracking process for core commodity costs
- Manage Costing and Sourcing budget and budget setting process
- Mentor, train, and develop staff to facilitate effective performance across all phases of the sourcing and costing processes
- Other duties may be assigned
Bring It! - Minimum of 15 plus years of costing and procurement experience in the consumer products industry with a BS degree in Engineering
- Demonstrated ability to think strategically
- Ability to articulate points of view with executive management and execute plans when directed
- Global Sourcing experience a plus
- Minimum 10 years supervisory experience
- Utilize project management skills to manage projects, develop project scopes, budgets, schedules, and communicate associated risks to peers and management
- Experience working with cross-functional teams managing multiple projects
- Superior problem solving and interpersonal communication skills with a proven ability to be an extremely flexible team member that can meet deadlines and excel in a fast-paced, demanding environment
- Must have excellent time management skills and be able to work effectively with little management oversight
- 20% plus international travel required
We Got You Covered! As a Great Place to Work Certified™ company, we are committed to offering the best to our employees. We offer a comprehensive benefits package that includes medical, vision, dental, prescription drug coverage, life insurance, wellness benefits, generous employer-matched 401(k) plan, Paid Childcare Leave, among other benefit plans. Our total rewards are top of market and include competitive salary, bonus, and opportunities to earn equity. We focus on supporting employee development and growth.
We regularly hold social functions to foster a genuine camaraderie that enhances teamwork. At our company-wide award functions, we take time to recognize the talent and dedication of the people who make Munchkin the most loved baby lifestyle brand in the world.
To give our people flexibility, we offer hybrid work environment with opportunities for half-day Friday's all year around and provide annual weeklong global office closures giving our people a chance to recharge.
Salary range: $ 175,000 - $200,000
To learn more, visit us at www.munchkin.com.
