What are the responsibilities and job description for the Sr. Product Sourcing Manager position at TruVolt Brands?
All Season Power (licensee of Snow Joe, www.shopjoe.com) based in Jersey City, New Jersey is looking for an on-site, energetic, innovative Sr. Product Sourcing Manager. The ideal candidate will be a creative thinker and go-getter who is looking to change the world through product innovation and consumer price accessibility.
This position includes sourcing a full range of battery-powered residential lawn & garden equipment and viable manufacturing vendors around the world. Our senior product sourcing manager will also manage the product development and production cycle ensuring that all products and materials are manufactured in an efficient, safe, cost effective and successful way... and that we deliver value and quality to the end-user.
Responsibilities include but are not limited to:
- Source battery-powered residential lawn and garden equipment from top manufacturers across the world. Build category and product portfolio (e.g. Automotive, Watering, Outdoor Cleanup, Gardening, Snow & Ice removal)
- Be creative, shop out the category, identify opportunities for line extensions
- Analyze the market, identify white spaces and opportunities and establish brand positioning and consumer insights
- Develop, lead, and execute sourcing, development and purchasing strategies with vendors in China, Mexico, Vietnam, Taiwan, Thailand and other parts of Asia
- Track and report key functional metrics to reduce expenses and improve the effectiveness
- Translate brand elements into plans and go-to-market strategies
- Craft negotiation strategies and close deals with vendor partners
- Forecast price and market trends to identify changes of balance in buyer-supplier power
- Monitor market trends, research consumer markets, and competitors’ activities (regularly conduct retail store shop-outs)
- Collaborate with sales and design team on product and packaging concepts
- Closely collaborate with TruVolt's China Sourcing team
- Liaise and interface with National Sales Team
Requirements needed in order to be successful:
- BS degree in business or related degree
- Minimum of 5 years of sourcing experience for consumer products
- Strong negotiation skills required
- Strong analytical skills partnered with a creative mind
- Data-driven thinking and an affinity for numbers
- Outstanding communication skills
- Up to date with latest trends and best practices within field of product sourcing
- Fully onsite at headquarter location (Jersey City, New Jersey)
Salary : $125,000 - $175,000