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The Sourcing Associate, Global Sourcing develops and manages partnerships with best-in-class suppliers and internal stakeholders as they pertain to the sourcing and production of branded merchandise. In partnership with Sourcing Manager, Global Sourcing, s/he is responsible for executing Sourcing strategies across categories and/or departments. The Sourcing Associate will develop, collaborate, and produce results regarding product quality, time/cost efficiency and revenue growth. This person drives margin and improves efficiencies across all markets and distribution channels.
Job Responsibility:
Assist/Manage the merchandise sourcing & production of select product categories (Softlines) for Funko/Loungefly in partnership with the Sourcing Manager
Partner on vendor strategy, product costing/placement, manage vendor communication and production management related to designated product categories
Responsible for ensuring products meet established standards for safety and quality including monitoring quarterly Product Review Requests with product integrity partners
Track progress of production cycle against key milestone dates through daily maintenance of the Development Tracking Report (DTR)
Contact vendors to follow-up and verify the accuracy of provided data, resolve routine issues and ensure vendor alignment with Funko processes and procedures
Follow up with vendor communication regarding any outstanding deadlines
Liaise with vendors and all 3rd party suppliers to ensure guidelines are followed to avoid late deliveries and charge backs due to non-compliance
Ensure all products are shipped on time to support established launch dates
Provide accurate shipment status information from factory to DC
Maintain overall vendor capacity status reports with relation to forecasted demand and actual PO’s on hand
Prepare standard any ad-hoc reports as requested (Time and Action Calendars, production timelines, status updates, etc.)
Build strong collaborative relationships with internal and external partners
Attend weekly cross-functional meetings and quarterly product line review meetings to understand key sourcing issues and action items
Communicate production status to global and regional partners during weekly cross-functional meetings as required
Requirements:
3-5+ years related experience preferably in specialty retail or consumer products
Exposure to Sourcing & Production of multiple product categories
Proven track record of effectively communicating with manufacturers
Ability to manage multiple SKU’s and timelines in a fast-paced environment
Ability to work collaboratively with multiple design and development partners, a team player
Excellent written and verbal communication skills
Ability and desire to be flexible, adapt to change and grow with organization
Bachelor’s degree in Merchandising/Product Development/Design, Business or Supply Chain or 3-5+ years of related experience
What we offer:
competitive compensation package with full benefits
401(K) plan with matching contributions from the company