Reference Number 039548
Position Product Sourcing Manager (Kitchen, storage & decorative)
Salary 45 - 58K
Job Requirements
Degree holder or above
Minimum 10 years relevant experience in which with minimum 3 years in managerial capacity; possess good understanding of European market requirements and trends and intensive experience in working directly with factories.
Strong negotiation, communication, interpersonal, presentation and project management skills. Proven coaching and leadership skills are required.
Strong sourcing network and knowledge in home improvement product, definite advantageous to kitchen, storage & decorative categories.
Work well under pressure and able to meet tight deadlines.
Fluent, both written and verbally, in English & Mandarin, plus Cantonese.
Frequent travel is required.
Main Responsibility:
Daily manage and develop a subcategory team including but not limited to objective setting, performance management (regular 1:1 meetings, quarterly reviews and annual appraisal), recruitment as well as training and development.
Conduct market research to source and develop new products and vendors for all sector operating companies and ensure that customer requirements & briefs are met.
Implement category planning and budgeting processes to create saving.
Lead sourcing activity planning and reporting (regular updates - sales, market share, project overview, monthly forecasting and ad hoc requests).
Work closely with Quality Assurance, Supply Chain and Product Development team to ensure projects and orders are managed through to completion, achieving the agreed quality levels and delivered on-time in full as per KPIs.
Build and maintain positive relationship with Euro team.
Build and maintain suppliers layout according to team strategy.
Manage the category globally, involving satellite offices resources.
Minimize the use of Far East agents (importers or traders) by identifying direct factory / vendor sources of supply.
Monitor, measure and develop the capabilities of vendor base by developing and implementing vendor-specific strategies.
Evaluate market trends in Asia and Europe and attend key trade fairs to maximize awareness of sourcing requirements.
Manage the team to deliver negotiation of excellent cost prices for new briefs/products aiming to achieving and exceeding cost reduction against existing/alternative sources of supply (e.g. agents & importers).
Instill the expectation (within the team and the vendor base) of negotiating cost price reductions to hit and exceed annual target of existing ranged & repeated items.
**2 subordinates in the team and report to Regional Sourcing Manager.
Contacts Edmond So - 26275200
edmond@besteam.com.hk