Sourcing & Production Manager
Company: Punch Studio
Location: Culver City
Posted on: August 7, 2022
Job Description:
Job DescriptionAre You?
- Experienced in sourcing import goods for private labels?
- Do you have the ability to work in a fast-paced
environment?
- Do you possess strong organizational skills?
- Is excellent communication, both written and verbal a part of
your skill set?
- Have you ever worked in the gift or beauty accessory
industry?If you answered yes to most of the above questions then I
encourage you to read on and click apply now.SummaryAs the Sourcing
& Production Manager of Punch Studio, you will have the opportunity
to successfully manage the sourcing process, beginning with vendor
selection and concluding with final production. We are looking for
an effective liaison between international and domestic
stakeholders. Efficiency, excellent communication and effective
time management in this role are key components and will be
utilized when working with vendors, product development, design,
and logistic teams. This candidate will oversee production and
ensure that all timelines are established, communicated and
executed. The ideal candidate must also be success driven and able
to ensure on-time launches across new products through strategic
partnerships with key manufacturers. Expertise in one or more of
the following areas; spend analytics, supplier negotiation,
contract management, supply and material management, demand
management, operational procurement, category management,
vendor/supplier management, or business process improvement, is a
definite plus.Essential Job functionsAggressively research,
identify and develop appropriate vendor and third-party supplier
relationships Develop new suppliers and source new material with a
focus on speed to market, quality, cost and supply
stabilityMaximize purchasing savings, inventory flexibility and
minimize inventory risk and exposureUnderstand brand aesthetic and
strategy to ensure all vendors meet premium quality
standardsProvide vendor profiles to monitor allocation % of
business by category, products and capacity. to ensure drive vendor
on-time performance and compliance standards Research and identify
alternatives for sales to assist in meeting pricing goals,
lead-time, & MOQ to ensure suitability with margin goals in mind
prior to final reviewManage updates to supplier agreements to
include stronger terms and conditions, and upholding supplier
quality and product development requirementsPartner with Quality
Assurance in qualifying and auditing strategic vendor
partnersIn-depth review of styles where FOB targets are not met and
works with vendors to identify opportunities to lower costIdentify
and liaise with Sales, Production and Purchasing to meet
appropriate cost targets during milestone meetingsManage costing to
support margins across all categories and productsMonitor any
margin erosion through buy process including surcharge negotiations
Accountable to achieve margin goals as well as savings targets
through pre-costing and final component cost negotiationsWork
closely with Production to ensure Bill of Materials, Product
Specifications and Routing sheets meet acceptable price tolerances
and established standards The above list does not constitute all of
the job duties but rather provides a good overview of some of the
key daily tasks involved in this role.Requirements
- BA in Business or equivalent
- 5+ years sourcing/costing experience within consumer gift
product lines, home/beauty accessories experience preferred
- Experience with full-cycle Sourcing & Procurement projects
- Experience working with overseas vendors, low-cost country
sourcing
- Experience with product development and product life cycle
timeline management
- Knowledge of technical design, tooling, construction and print
techniques
- Knowledge of global sourcing trends and strategies
- Knowledge of time and action production calendars
- Ability to understand brand aesthetic and design
- Proficiency working with Office Suite (Excel, Word,
Outlook)
- Good working knowledge of relevant supply chain and business
software knowledge including ERP Systems a plusBenefits
- Competitive compensation
- Paid time off and holidays
- Benefits plan including medical, dental and vision
- Retirement and profit sharing
Keywords: Punch Studio, Los Angeles , Sourcing & Production Manager, Executive , Culver City, California
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