Manager, Sourcing - Toys

Position Summary...

What you'll do...

The success of Walmart depends on providing quality, private-brand goods at exceptional value to our members. In service to that mission, Walmart strives to identify sources of supply that reliably deliver value through a combination of high-quality goods, cost, reliable delivery, and a host of other relevant factors.

Learn more about what Bentonville has to offer!

About Sourcing

Looking to join an exciting team? This is your spot! We’re looking for experienced sourcing professionals with a knack for relationship building.

The Sourcing team is embarking on a new phase of growth on our journey to become the most trusted and resilient supplier, powered by Walmart.

We are accomplishing this by activating a new strategy, streamlining our structure, and doubling down on fostering a psychologically safe environment, empowering our associates to move faster, collaborate more easily and win together.

We would love to have you join Sourcing, a truly superpowered sourcing team aligned throughout the enterprise, all with the customer at the heart of what we do!

As a Manager, Sourcing , your expertise, vision, and strategy will allow you to create businesses in the Toys department at Walmart.

You will have the opportunity to develop complex sourcing strategies for existing products while also working with Product Developers to create first of their kind innovative products.

You will work directly with Merchants to ensure critical business metrics are met while influencing future growth strategies to help our customers Save Money and Live Better.

What you'll do :

• Build and manage comprehensive Private Brand sourcing strategy and supplier matrix to optimize GMV, profit and market share by supporting Every Day Low Prices strategy.
• Communicate with retail teams to align, arrange buy trips, and manage critical issues during the order execution process.

Oversee factory capability and capacity, product quality, and on-time delivery.

Collaborate closely with cross functional teams to ensure a smooth product development process from ideation to final production.

Work closely with Toys sourcing teams in different locations around the world on shared initiatives.

Develop and maintain supplier relationships, including (but not limited to) account management, project management, and factories.

Conduct supplier assessments and formulate the supplier matrix for an assigned category.

• Collaborates cross-functionally with the various business partners and suppliers to understand business needs. Priority and develop optimal solutions to support.
• Demonstrate awareness of global trade developments for assigned geographies and incorporate into sourcing proposals. Understand buying objectives and specification, components, component suppliers (upstreaming), production, construction and communicate with suppliers.
• Manage the oversight of sourcing and operational issues regarding costing and quality of Omni channel.
• Lead identified sourcing opportunities to ensure suppliers capability.
• Guide partners and suppliers to ensure product quality, delivery and price goals.
• Ensure follow up of all sourcing activities with support teams and suppliers.
• Drive RFP / RFI / RFQ, negotiate price and develop alternatives to achieve sourcing objectives. Identify and resolve pricing and factory issues with suppliers.
• Partner with Merchandise Quality Engineers on problems related to quality. Present sourcing solutions that mitigate risks while maintaining profitability.
• Understand supplier capabilities, capacity, and performance. Evaluate supplier performance, ensuring compliance with company standards and policies, taking corrective actions when necessary.

Use in-depth understanding of should be cost structure to provide cost-saving opportunities. Drive continuous improvement initiatives in cost, quality, and delivery performance, newness, innovation by collaborating with cross-functional teams to identify and implement best practices.

Actively participate in order placement decisions.

Lead sourcing initiatives / projects with cross-functional partners. Provide support to team members on sourcing activities.

Continuously develop product and market knowledge and industry know-how to identify potential new suppliers and product opportunities.

Help to collect market intelligence and share with related teams. Apply digitalization and new ways of working during sourcing activities.

Optimize strategic sourcing and procurement processes. Analyze data by leveraging inhouse and third party platforms / tools to build data backed proposals,

• Support broader toys teams on sourcing initiatives in the North America region (including Mexico)
• Demonstrate curiosity and a growth mindset; fosters an environment that supports learning, innovation, and intelligent risk-taking;

and exhibits resilience in the face of setbacks.

You’ll sweep us off our feet if :

• You have a passion for developing successful businesses and have an attention to detail in the business fundamentals of sourcing, finance, and supply chain.
• You can build strong relationships with those around you at all levels whether internal or external to Walmart.
• You know what motivates manufacturers, merchants, & customers and can integrate those perspectives into successful business opportunities.
• You are not timid to identify and communicate business priorities to a diverse set of stakeholders.
• You are data savvy : you can analyze business fundamentals, anticipate market changes, and can use that information to make facts-based decisions.
• You are tenacious, dedicated and thrive working with ownership, autonomy, and a healthy dose of competition.
• You have strong analytical, problem-solving, presentation skills with the ability to make data-driven decisions (able to manage large amount of data).
• Demonstrate curiosity and a growth mindset; foster an environment that supports learning, innovation, and intelligent risk-taking;

and exhibit resilience in the face of setbacks.

We would love for you to have :

• Global experience in Sourcing, Merchandising or Procurement.
• Bachelor’s degree in related field.
• 3+ years’ experience in retail, manufacturing, or sourcing industry.
• 5+ years’ experience in retail or major brand, or importer / agent serving major retail customers.

Benefits & Perks :

Beyond competitive pay, you can receive incentive awards for your performance. Other great perks include 401(k) match, stock purchase plan, paid maternity and parental leave, UNLIMITED PTO, multiple health plans and much more.

At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet.

Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance.

Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting.

Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more.

You will also receive PTO and / or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment.

It will meet or exceed the requirements of paid sick leave laws, where applicable.

For information about PTO, see .

Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities.

Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates.

Tuition, books, and fees are completely paid for by Walmart.

Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.

For information about benefits and eligibility, see .

The annual salary range for this position is $70,000.00-$130,000.00

Additional compensation includes annual or quarterly performance bonuses.

Additional compensation for certain positions may also include :

Stock

Minimum Qualifications...

Bachelor’s degree in Business, Merchandising, Supply Chain or related area.

3 years’ experience in sourcing.

Bilingual in English and one or more language used to transact business in assigned country.

Project Management certification.

Preferred Qualifications...

Experience in retail, manufacturing, or sourcing, Experience working for a retailer, or major brand, importer / agent serving a major retail customer

Primary Location...

805 Se Moberly Ln, Bentonville, AR 72712, United States of America