Senior Sourcing Manager(houseware)

by Sadie Zhu in Trading and Distribution    4th Mar, 2020       Guangzhou

Senior Sourcing Manager(houseware)

Introduction:

To continuously scout for new products, technologies, suppliers & trends which help improve assortment & buying price to exceed sales and margin targets. Develop a sourcing plan that supports delivery of the category objectives

Responsibilities:

Responsibility: · Develop Category Sourcing Strategy to achieve Sales/Profitability Target, and maximize market share. · Continuously Develop assortment to ensure freshness, trend, early adoption, and improve sales and profitability · Assist category head with budget set ups as per business requirement · Quarterly business review of assigned category prepared and presented to senior leadership. weekly preparation for trading meetings as required · Provide leadership and overall direction, driving sourcing practices for the assigned category · Train, coach & develop team members to deliver in line with business requirements and for their personal growth · Drive promo strategy through direct team & support functions to ensure business objectives are met · Develop sourcing strategy to ensure optimization of Vendor portfolio & negotiation of competitive prices · Adapt sourcing process to ensure early engagement of vendors ensuring knowledge, trend and technology within the system vendor base is optimized · Review and improve product development process to deliver speed to market and reduce development cost · Manage Order & Replenishment process through team ensuring an optimal inventory, availability and aged are in control. · Follow & analyze market to ensure competitiveness in assortment and pricing · Support development team in providing solutions to resolve issues identified, including safety, quality and consumer legislation required · Work closely with category heads to develop online assortment and product strategy to ensure growth and competitiveness within market · Manage Supplier Relations, Range development , negotiate commercial terms, other operating incomes and supplier receivables · Gather Market intelligence which help continually improve buying strategies · Internal: Retail / Finance / Purchase / HR / Online / Marketing · External: Manufacturers + Traders

Requirements:

Requirement: • Bachelor Degree in Business preferred • At least 7 - 10 years’ experience within Furniture, Houseware, tableware, home decoration, lighting, seasonal product,home textile retailing with at least 8 years Category Management experience • In-depth knowledge of and experience in managing a Consumer Furniture, home decoration, houseware ect Category • Professional development in retail strategy / category management • Excellent analytical skills and aptitude to draw out plans and assess accurately the market needs for the category • Excellent written and verbal communication skills • Strong relationship building skills • Strong negotiation skills

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