What are the responsibilities and job description for the Global Sourcing Leader position at Franco Manufacturing Co., Inc.?
About Us
Franco Manufacturing Co., Inc. is a leading international producer of home fashions with over 70 years of experience.
Our product portfolio includes sheet sets, comforters, decorative and plush pillows, blankets, throws, towels, and other home accessories.
We supply our products to major mass market retailers, online retailers, specialty stores, discount stores, and department stores.
Job Summary
In this highly visible position, you will oversee strategies and buy plans to purchase products in a high-intensive SKU environment from overseas suppliers while managing aggressive sourcing policies and developing positive vendor relationships.
You will be responsible for:
- Traveling to foreign countries to develop new sources, negotiate prices, monitor social compliance and security, and ensure quality and on-time delivery of merchandise.
- Establishing cost pricing at desired economic levels and negotiating with vendors to achieve targeted gross margins.
- Working with QC Management to maintain quality controls and ensure standards are consistently maintained.
- Ensuring accuracy of all documentation and record keeping for management of monthly cash flow, replenishment business demands, and cost standards.
- Working with the Import Department to ensure proper and timely documentation of shipments and cost controls.
- Providing hands-on management and direction to both local and overseas product teams to ensure production details are appropriately addressed.
Requirements
Qualified candidates should have a minimum of 10 years' experience with a strong background in overseas sourcing, manufacturing, and costing.
Strong understanding of fabric construction and print techniques required along with knowledge of global sourcing trends and strategies.
Outstanding negotiation skills are essential, along with strong management competence and analytical skills.
Previous textile product experience and China travel are mandatory.
This role is based on-site at our headquarters in Metuchen, NJ (Monday through Thursday - remote Friday).
Overseas travel is approximately 20-25%.