Sourcing Manager (Contract)
CurrentOversee local and international service and product sourcing strategy to ensure continuous availability of all required products to support demand. Develop and administer an efficient global supply chain. Identify cost-saving opportunities, create competitive environments, effectively negotiate pricing and costs, and secure contracts to assure. Recommend strategy to diversify outside of existing regions in 2024/2025.► Onboarded 3 new vendors for the organization, expanding and diversifying the vendor base to effectively support a 3X increase in product development.► Strategically onboarded 2 of those vendors from Thailand, to minimize tariff implications associated with China imports. Projections call for transitioning 20% of product development to Thailand by Q4 ’25.► Reduced the failure rate on vendor testing by 30%, largely by redistributing development to different factories as well as to the newly onboarded vendors.► Slashed development time by 6-10 weeks, and reduced late deliveries by 40%, by streamlining the product development process, overhauling the development calendar, and specifying due dates that correlated to shipping dates.