Vice President of Global Sourcing

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JOB SUMMARY

The Global Sourcing Vice President is responsible for leadership of our global sourcing and vendor management teams, proactively vetting new manufacturers and vendors to meet our business needs and managing our current supplier matrix.

Your leadership is critical to the success of the organization. You will work in collaboration with Merchandising, Design, Sales, and Compliance to develop a global category strategy that delivers superior quality, cost, and delivery performance.

This position will support and lead process improvements and change management within the sourcing functions. You will ensure all products meet quality, safety, and delivery requirements.

It is critical in this role that you utilize negotiating skills and costing expertise to ensure the best cost-value relationship.

The Global Sourcing VP will drive business results through strong leadership or sourcing and procurement in collaboration with our suppliers.

Experience Requirements

• Bachelor’s degree in business, supply chain management, operations or equivalent combination of education and experience.
• 7+ years leading a Sourcing team with proven people and project management skills.
• 12+ years of sourcing and product development experience in apparel, accessories, or hardlines.
• Experience in the promotional product industry is preferred but not a requirement.
• Exceptional management and people leadership skills, with a proven record of effectively leading in a collaborative, team-oriented environment.
• Exemplary negotiation skills and ability to communicate clearly and effectively with manufacturers, managing critical issues regarding deliverables.
• Innovative and creative mindset, passionate about building and creating.
• Effective project management skills and experience, including the ability to articulate goals and objectives, manage projects independently and the ability to network and utilize interna, and external resources.

Job Skills & Traits

• Strong presentation and communication skills.
• Customer service mindset and elevated level of professionalism with a proven ability to collaborate with team members and cross-functional partners.
• Excellent people skills that inspire and build trust resulting in effective working relationships across the organization.
• Building effective teams by building strong-identity teams that apply their diverse skills and perspectives to achieve common goals.
• Attention to detail in planning, organization, and execution of tasks.
• Excellent listening skills and conceptual understanding.
• Understanding the big picture, ability to identify business-driving initiatives and how all the pieces fit together and impact one another.
• Continuous improvement mindset, always assessing manufacturers, products, and processes.
• Outstanding organizational skills with demonstrated ability to prioritize workload and attention to detail.
• Proactivity and flexibility in a growing business, comfortable in ambiguous environment
• Willingness to dive in and help where needed.

Duties & Responsibilities

• Coach, mentor, and develop Sourcing associates. Ensure that we have an adequately staffed, skilled, and scalable sourcing organization.
• Work in a cross-functional team including Sales, Design and Merchandising to turn ideas into merchandise for our clients and online channels, ensuring product and price exceeds their expectations.
• Coordinate with Logistics, Compliance, and our Fulfillment Center to ensure we deliver safe, quality products on time.
• Leadership of the sourcing and development process from end-to-end, setting up new suppliers, negotiating costs, production management, and coordinating with our internal teams for delivery.
• Design and execute a sourcing strategy that supports our client requirements and the product and service needs of all clients.

The sourcing strategy includes but is not limited to social and regulatory compliance, brand relevant quality, reliability of deliveries, product innovation, service innovation, and competitive product cost.

• Deploying dual / multi sources of supply to ensure continuity of supply of key products.
• Drive development and execution of supplier commodity strategies, including negotiations for long-term agreements.
• Drive margin results for your category, communicating costs with Sales or Merchandising partners.
• Foster strong partnerships with suppliers to ensure product and service standards are met or exceeded, managing supplier performance through a formalized relationship management program.
• Proactively work with sales partners and merchants to build a line of products to sell to multiple clients, creating scalability.
• Establish sourcing strategies to balance long lead times with the need for speed-to-market
• Understand company objectives and develop a roadmap to achieve them.
• Research and develop new partnerships with suppliers to support our strategic objectives, supporting globally balanced vendor matrix that meets our financial plans.
• Develop and cultivate strong partnerships, resolve issues, conduct final negotiations, and work on Scorecard corrective action plans with manufacturers.
• Identify areas for process efficiency and cost improvement.
• Motivate and encourage engagement through dedication to diversity.
• Lead through change, build excitement and help team navigate through ambiguity while maintaining efficiency. Build a commitment to change and improve processes.
• Take risks and manage them thoughtfully. Create an environment supporting creative solutions and risk-taking.

We are pleased to share the base salary for this position is $180,000 - $215,000 a year. If you are hired at BDA, your compensation will be determined based on factors that may include geographic location, skills, education, and experience.

In addition to these factors, we believe in the importance of pay equity and consider internal equity of our current team members as a part of any offer.

In the spirit of pay transparency, the range listed is the full base salary range for the role and hiring at the top of the range would not be typical, in order to allow for future salary growth.

The range listed is just one component of BDA’s total compensation and rewards programs, which includes : robust PTO; vacation, a paid volunteer day, holidays and summer Fridays, Benefits;

medical, dental, vision, life, and AD&D insurance, 401k; tuition reimbursement, mental health and financial wellness programs and professional development opportunities including tuition reimbursement.

Certain revenue-generating positions may be eligible for incentive compensation.

BDA is more than a workplace - it’s a family. For more than three decades we’ve promoted a vibrant and welcoming culture that not only accepts but demands you to be different.

The quirky, the bold, the creative and the unique make up the foundation of a company that the most iconic brands in the world look to help tell their story through the power of merchandise.