Director, Sourcing Strategy - Apparel

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Macy's is more than just a store. We're a story. One that's captured the hearts and minds of America for more than 160 years. A story about innovations and traditions...about inspiring stores and irresistible products...about the excitement of the Macy's 4th of July Fireworks, and the wonder of the Thanksgiving Day Parade. We've been part of memorable moments and milestones for countless customers and colleagues. Those stories are part of what makes this such a special place to work.

Job Overview

The Strategic Sourcing team is responsible for the creation and execution of the centralized sourcing effort for Macy's Private Brands that meets all company capability, delivery, margin and growth goals. In partnership with the merchandising organization, overseas Private Brands and business stakeholders, the Strategic Sourcing team will identify key sourcing initiatives (e.g., lead times, innovation, costing, process improvement) that will positively impact the profitability and sales of Macy's Private Brands. Key responsibilities include defining multi-year and annual sourcing & vendor strategies that support overall company goals while managing brand exposure and mitigating risk. Perform other duties as assigned.

Key Responsibilities

• Implements and Executes the annual and seasonal sourcing strategies and owns communication of these plans for Apparel to key stakeholders including GBMs
• Ensure negotiated costs achieve IMU targets set by product teams by category and style
• Defining category vendor portfolio by evaluating current vendor base & screening for new vendors based on business need
• Build spend by vendor plans for their respective category and create FOB / Brand specific vendor menus, which they will share with FOB / Brand Sourcing Associates
• Manage vendor score carding process, including defining evaluation metrics and owning final decision on vendor performance
• Partner across numerous internal teams (e.g., Supply Planning, OSO Merchants, Product) and levels as well as external stakeholders (e.g., vendors) to drive results and influence change
• Collaborate with other Sourcing Directors to identify global sourcing risks and opportunities for Macy's PB across categories, coordinate key research of competitors for countries of origin/timing/flow/fabrics and styles
• Prepare for and host annual Vendor Summit
• Travel overseas for vendor visits (existing and new), sourcing events and conferences
• Represent Macy's Private Brands at sourcing conferences and events and in sourcing industry groups
• Oversee FOB / Brand Sourcing Associates who will interface with the business (e.g., Product, Design)
• Applicant must be willing to travel overseas to better manage and build relationships with vendors as well as meet with potential new vendors - travel / time requirement up to 20%
• Applicant should have deep understanding of key strategic sourcing functions (e.g., vendor selection, contract management, negotiations, costing, etc.) and sufficient background knowledge regarding materials, trade regulations, and country requirements
• Regular, dependable attendance and punctuality

Who You Are

• Bachelor's degree in business administration, finance or related discipline preferred.
• 10+ years in sourcing, production, global supply chain, merchandising or management consulting.
• 3+ years in management (Director).
• Vast experience leveraging business acumen, market intelligence and insight to drive overall strategic goals and impact within category.
• Demonstrated ability to assess and adapt to a dynamic and global business environment.
• Prior proven experience leading a team while driving category strategy results.
• Proven executive presence to present, influence and collaborate with VP Strategic Sourcing and leadership team (e.g., GBMs).
• Demonstrated ability to develop and empower their team by coaching on both technical and soft skills necessary to be successful in the organization.
• Proven track record of effectively leading teams in an ambiguous and changing environment to achieve goals and deliver results to broader organization.
• Proven ability to work with cross-functional teams/partnerships.

What We Can Offer You

Join a team where work is as rewarding as it is fun! We offer a dynamic, inclusive environment with competitive pay and benefits. Enjoy comprehensive health and wellness coverage and a 401(k) match to invest in your future. Prioritize your well-being with paid time off and eight paid holidays. Grow your career with continuous learning and leadership development. Plus, build community by joining one of our Colleague Resource Groups and make a difference through our volunteer opportunities.

Some additional benefits we offer include:

• Merchandise discounts
• Performance-based incentives
• Annual merit review
• Employee Assistance Program with mental health counseling and legal/financial advice
• Tuition reimbursement

Access the full menu of benefits offerings here.

About Us

This is a great time to join Macy's! Whether you're helping a customer find the perfect gift, streamlining operations in one of our distribution centers, enhancing our online shopping experience, buying in-style and on-trend merchandise to outfit our customers, or designing a balloon for the Thanksgiving Day Parade, we offer unique opportunities to be part of some of the most memorable moments in people's lives.

Join us and help write the next chapter in our story - apply today!

This job description is not all-inclusive. Macy's, Inc. reserves the right to amend this job description at any time. Macy's, Inc. is an Equal Opportunity Employer, committed to a diverse and inclusive work environment.