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Sourcing Manager
2 months ago
Sourcing Manager Opportunity
A Sourcing Manager is sought for a leading importer of Power Tools & Machinery.
The ideal candidate will possess experience with clients from the Far East, particularly China.
Position ResponsibilitiesKey responsibilities include:
- Curating a selection of new products for both wholesale and retail markets.
- Authorizing all stock procurement orders and pricing strategies.
- Ensuring comprehensive stock availability.
- Identifying innovative products and ranges to enhance the overall product portfolio.
- Collaborating with the purchasing, testing, and marketing teams to ensure timely market launches.
- Coordinating all new product testing and evaluations with the in-house engineering department to comply with current directives.
- Reviewing all incoming goods Quality Control reports, new product evaluations, and warranty assessments to inform company decisions.
- Determining with the team which items will be phased out from the product range.
- Partnering with the marketing team to pinpoint products for promotional initiatives.
- Overseeing the transition of new products from importation through engineering and private label development with marketing.
- Establishing trade and retail pricing for all newly selected products in line with company margin expectations.
- Conducting ongoing market analysis to ensure competitiveness of current and new products.
- Selecting inbound shipping partners.