Sourcing Manager

Description

Funko Overview Welcome to the Funko-verse, a world built on pure imagination, a land governed by the philosophy that stories matter, a universe comprised of characters from countless fandoms, a galaxy of once upon a times and happily ever afters.

But what does Funko do? Funko is a purveyor of pop culture and licensed-focused collectibles company. Funko currently holds thousands of licenses and the rights to create tens of thousands of characters – one of the largest portfolios in the pop culture and collectibles industry. Funko’s Pop! Vinyl is the number one stylized vinyl collectible on the market, selling millions of figures to fans around the world.

The Manager, Sourcing develops and manages partnerships with best-in-class suppliers and internal stakeholders as they pertain to the sourcing and production of branded merchandise. In partnership with Sourcing Director, Global Sourcing, s/he is responsible for executing Sourcing strategies across categories and/or departments. The Manager, Sourcing will develop, collaborate, and produce results regarding product quality, time/cost efficiency and revenue growth. This person drives margin and improves efficiencies across all markets and distribution channels.

This position reports to Sourcing Director, Global Sourcing, and provides support and assistance with operational and organization functions to develop and source merchandise under the strategic guidance of the Sourcing Director within a given department and/or sub-category of product.

• Sourcing and Product Compliance:
  Manage the merchandise sourcing & production of select product categories (Softlines) for Funko/Loungefly in partnership with the Sourcing Director
• Lead vendor strategy, product costing/placement, manage vendor communication and production management related to designated product categories
• Responsible for ensuring products meet established standards for safety and quality including monitoring quarterly Product Review Requests with product integrity partners

• Track progress of production cycle against key milestone dates through daily maintenance of the Development Tracking Report (DTR)
• Contact vendors to follow-up and verify the accuracy of provided data, resolve routine issues and ensure vendor alignment with Funko processes and procedures
• Follow up with vendor communication regarding any outstanding deadlines
• Liaise with vendors and all 3rd party suppliers to ensure guidelines are followed to avoid late deliveries and charge backs due to non-compliance
• Ensure all products are shipped on time to support established launch dates
• Provide accurate shipment status information from factory to DC
• Maintain overall vendor capacity status reports with relation to forecasted demand and actual PO’s on hand

• Prepare standard any ad-hoc reports as requested (Time and Action Calendars, production timelines, status updates, etc.)
• Build strong collaborative relationships with internal and external partners
• Attend weekly cross-functional meetings and quarterly product line review meetings to understand key sourcing issues and action items
• Communicate production status to global and regional partners during weekly cross-functional meetings as required

• 5-7+ years related experience preferably in specialty retail or consumer products
• Exposure to Sourcing & Production of multiple product categories
• Proven track record of effectively communicating with manufacturers
• Ability to manage multiple SKU’s and timelines in a fast-paced environment
• Ability to work collaboratively with multiple design and development partners, a team player
• Excellent written and verbal communication skills
• Ability and desire to be flexible, adapt to change and grow with organization

• Bachelor’s degree in Merchandising/Product Development/Design, Business or Supply Chain or 5-7+ years of related experience

The base salary range for this position in the selected city is $105,000 - $130,500. Compensation may vary outside of this range depending on a number of factors, including a candidate’s qualifications,…