Senior Manager, Global Procurement – Lounge, Swim, Intimate, KBM

This is a fully remote position, open to applicants in United States.

📋 Description

• Develop and implement the commercial roadmap along with the vendor distribution strategy for designated categories.

• Set both short-term and long-term procurement objectives that are in line with business expansion.

• Achieve outstanding product cost efficiency without compromising on quality or ESG principles.

• Collaborate with technology teams to integrate procurement capabilities and playbooks into the Vendor Portal and Product Catalog tools.

• Aim for a 700 bps reduction in product costs over the upcoming year.

• Organize and manage competitive, comprehensive bidding processes with manufacturing partners.

• Oversee the entire RFP process from vendor selection to award.

• Engage in thorough negotiations and establish repeatable negotiation frameworks.

• Develop an AI agent to systematically manage RFPs and assist in scenario analyses.

• Create and utilize component-level clean sheets to enhance pricing transparency.

• Review and sanction buy plans while optimizing costs for category buy events.

• Ensure adherence to company margin objectives through the Buy Plan margin assessment.

• Collaborate with material sourcing teams to maintain transparent and competitive supplier pricing.

• Negotiate launch costs and timelines for reassessment as the business grows.

• Supply scale costing targets to the merchandising team.

• Work alongside Material Managers, Sourcing Teams, and Tier 1 and Tier 2 vendors on upstream sourcing efforts.

• Incorporate upstream material availability into product design and development processes.

• Identify and capitalize on opportunities for supply-chain value creation, including verticalization and volume consolidation.

• Investigate commodity purchasing, selling, and pricing strategies to manage market fluctuations.

⛳️ Requirements

• Over 8 years of experience in global procurement, sourcing, or supply chain management within a retail apparel context.

• Demonstrated success in managing competitive RFP processes with international manufacturing partners.

• Practical experience in developing and utilizing clean sheets for cost negotiation.

• Strong analytical abilities and a comfort level with data-driven decision-making.

• Experience in cross-functional collaboration with merchandising, materials, and production teams.

• Technical proficiency in using AI-driven platforms, such as LLMs, for scenario analysis and the automation of complex procurement tasks.

• Exceptional negotiation skills and a keen business insight.

• Background in apparel, soft goods, or home goods is highly preferred.

• A Bachelor's degree is required.

• An MBA or advanced degree is advantageous.

• Successful completion of a background check is necessary.

🏝️ Benefits

• Bonus opportunities may be available for eligible roles.

• Equity options may be offered for qualifying positions.

• Reasonable accommodations will be provided for qualified individuals with disabilities.

• A background check will be conducted in accordance with applicable laws.