Vice President of Global Sourcing
20 days ago
Metuchen
Franco Manufacturing Co., Inc. has been a leading international producer of home fashions for over 70 years. Our products include juvenile licensed bedding, pillows, throws, towels and accessories for popular brands including Disney, Hasbro, Nickelodeon, Warner Brothers, and many others. We are seeking a Vice President of Global Sourcing to join our team based in Metuchen, NJ. In this hands-on leadership role, responsibilities include directing the creation of overseas sourcing strategies and buy plans to purchase and import products. DUTIES: • Direct the Global Sourcing team in the development of all new sources, ethical standards, price negotiations, production processes, on-time delivery, quality control, quality testing, and security of goods., • Ensure that purchases are made in accordance with Company plan and market conditions to achieve gross profit requirements., • Travels to overseas factories to develop new sources, negotiate prices, assess factory capacities, monitor ethical standards, review security, and maintain positive relationships., • Ensure that quality controls are in place in each country and that suppliers adhere to the guidelines set forth by the Company., • Direct the management of overseas offices and staff including recruitment and development of local office staff, preparation of annual budget and expenditures, and compliance with local laws and regulations. QUALIFICATIONS: • A minimum of 10-15 years’ experience in Home Textiles directing a Global Sourcing team and purchasing of products in a highly intensive SKU environment, • Experience assessing factory capacity and production capabilities, • Technical understanding of textile printing processes, fabrications and construction, • Costing and margin analysis, • Experience negotiating directly with factories. Must be a proven strong negotiator, • Previous travel to China factories. Ability to travel 3-4 times/year., • Experience managing staff of buying Directors, • Experience managing an overseas office, • Direct management of Quality Control functions and AQL auditing., • Experience dealing with Retail customers’ quality requirements, quality testing and regulatory compliance., • Experience managing Ethical Standards within factory base, • Experience monitoring and controlling production timelines and shipping schedules, • Previous sourcing of goods for Mass Market retailers, • Hands-on managerial style, • Ability to work in Metuchen office, • FOB volume $50M+