What are the responsibilities and job description for the Sourcing Director position at Franco Manufacturing Co., Inc.?
About Us:
Franco Manufacturing Co., Inc. has been a leading international producer of home fashions for over 70 years. Our products include sheet sets, comforters, decorative and plush pillows, blankets, throws, towels, and other home accessories. Franco products can be found at major mass market retailers, online retailers, specialty stores, discount stores and department stores.
Responsibilities
In this highly visible position, you will be responsible for overseeing strategies and buy plans to purchase products in a high intensive SKU environment from overseas suppliers while managing aggressive sourcing policies and developing and maintaining positive vendor relationships. Duties include:
- Travel to foreign countries to develop new sources, negotiate prices, monitor social compliance and security, and ensure quality and on-time delivery of merchandise.
- Establish cost pricing at desired economic levels and negotiate with vendors to achieve targeted gross margins.
- Work with QC Management to maintain quality controls and ensure standards are consistently maintained.
- Ensure accuracy of all documentation and record keeping for management of monthly cash flow, replenishment business demands, and cost standards.
- Work with Import Department to ensure proper and timely documentation of shipments and cost controls.
- Provide hands-on management and direction to both local and overseas product teams to ensure production details are appropriately addressed.
Qualifications
Qualified candidates should have a minimum of 10 years’ experience with strong background in overseas sourcing, manufacturing and costing. Strong understanding of fabric construction and print techniques required along with understanding 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 is a must.
This position is based on-site at our headquarters in Metuchen, NJ (Monday through Thursday - remote Friday). Overseas travel approximately 20-25%.
