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