Strategic Sourcing Manager

Strategic Sourcing Manager

Join the best team in sport & spirit

At Varsity Brands, we believe every student deserves the opportunity to succeed and every educator wants to make a difference. It takes a team to make a real impact, and through our two divisions – BSN SPORTS and Varsity Spirit – and our network of 6,000+ employees and independent representatives, we are proud to partner with a wide range of educational institutions and club and professional sports to transform the student journey in SPORT and SPIRIT.

Work Type:
Hybrid

Location Details: 14460 Varsity Brands Way, Farmers Branch, TX 75244

Please note:

This position does not offer relocation assistance. Candidates must be able to work from the designated location without company-sponsored relocation

Work Hours:

M-F, 8-5p / 9-6p (Friday WFH)

How You Will Make An Impact

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.

What You Will Do

• Global Sourcing Strategy:
  Develop and execute a global sourcing strategy to meet the company's objectives, balancing cost, quality, and delivery timelines across regions.
• Supplier Selection and Management:
  Identify, evaluate, and onboard global suppliers. Build and maintain strong, long-term relationships with key suppliers to ensure high-quality products/services and reliability.
• Negotiation:
  Negotiate best pricing with suppliers. Drive cost savings through effective apparel negotiation best practices and continuous supplier evaluation.
• Cost Optimization:
  Continuously monitor and analyze sourcing performance to identify opportunities for cost reductions, process improvements, and efficiency gains.
• Market Research and Analysis:
  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.
• Cross-functional Collaboration:
  
  Work closely with product development, procurement, quality assurance, finance, and logistics teams to ensure alignment of sourcing strategies with business needs and goals.
• Risk Management:
  
  Identify and mitigate sourcing risks, such as geopolitical factors, supply chain disruptions, and currency fluctuations. Develop contingency plans to ensure continuity of supply.
• Sustainability and Compliance:
  Ensure sourcing practices are aligned with corporate sustainability goals, ethical sourcing standards, and compliance with global regulatory requirements.
• Reporting and Metrics:
  Develop and present reports on sourcing activities, supplier performance, cost savings, and strategic initiatives to senior management.

Qualifications

Knowledge/Skills/Abilities

• 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

Education/Experience

• 4-year College degree or equivalent business experience preferred
• Five to Ten years' experience in sourcing, procurement, product development,…