Global Sourcing Manager

How we reward you 401(k) plan that provides a 100% match on the first 3% of your contributions and 50% of the next 2% Healthcare plans to support your needs Virtual doctor visits Access to Centers of Excellence with Barnes Jewish Hospital and Mayo Clinic’s Complex Care Program 15% Associate Discount Dave Ramsey’s SmartDollar Program Associate Assistance Program RK Cares Associate Hardship Program 24/7 Chaplaincy Services Company paid YMCA Family Membership What You’ll do The Global Sourcing Manager is responsible for developing and executing sourcing strategies that drive cost efficiencies, improve product margins, and strengthen supplier partnerships. This role plays a critical part in identifying high‑value opportunities across the company’s top items, sourcing directly from manufacturers, and introducing new products that align with business objectives and customer demand. Strategic Sourcing & Supplier Management Develop and implement global sourcing strategies focused on cost reduction and margin improvement. Source products directly from factories, eliminating intermediaries where possible to maximize value. Build and maintain strong relationships with international suppliers and manufacturers. Evaluate supplier performance and ensure quality, reliability, and compliance standards are met. Cost Optimization & Negotiation Lead negotiations with suppliers to secure improved pricing, payment terms, and supply agreements. Focus on reducing costs across the company’s top-performing and highest-volume items. Continuously analyze market trends and cost drivers to identify savings opportunities. Product Development & Innovation Identify and introduce new products on a regular basis to support buyers and merchandising teams. Collaborate with internal stakeholders to align new product sourcing with customer demand and business goals. Stay informed on global trends, materials, and manufacturing capabilities. Travel & Global Engagement Travel internationally 1–2 times per year to visit factories, attend trade shows, and strengthen supplier relationships. Conduct on-site evaluations of manufacturing capabilities and production processes. Performance & KPI Management Support the department in achieving key performance indicators (KPIs), with a strong emphasis on margin growth. Drive initiatives to achieve and exceed margin targets, building a foundation for continued improvement in future years. Monitor and report on sourcing performance, cost savings, and margin impact. Cross-Functional Collaboration Work closely with buyers, merchandising, logistics, and finance teams to ensure alignment and execution of sourcing strategies. Provide insights and recommendations that influence assortment planning and purchasing decisions. Essential Qualities for Success Bachelor’s degree in supply chain management, Business, or related field (or equivalent experience). 5+ years of experience in global sourcing, procurement, or supply chain management. Proven track record of successful cost negotiation and margin improvement. Experience sourcing directly from overseas factories. Strong analytical, negotiation, and communication skills. Ability to manage multiple projects and priorities in a fast‑paced environment. Willingness and ability to travel internationally as required. Preferred Qualifications Experience in retail, wholesale, or consumer goods industries. Familiarity with international trade regulations and logistics. Strong supplier network in key global manufacturing regions. Physical Requirements Ability to maintain a seated or standing position for extended durations. Capability to lift 15 pounds periodically. Able to navigate and access all facilities. Skill to effectively communicate verbally with others, both in-person and via electronic devices. Close vision for computer-related tasks. Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions. The pay range for this position is $78,000- $100,000 annualized and is bonus eligible. Exact compensation is determined by factors such as relevant geographic location, education, certifications, experience, job level, shift, and organizational needs. To learn more about our benefits, review here #J-18808-Ljbffr