Director of Sourcing (Hardgoods)

Job Title: Director of Sourcing (Hardgoods)

Company: European Retail Group

Location: Hong Kong

Company: a leading European retail group, is seeking a dynamic and experienced individual to join the Asia Management team as the Director of Sourcing (Hardgoods). This is a key leadership role within the organization, responsible for overseeing the merchandising, development, and sourcing processes for all hardgoods categories. As a director, you will play a crucial role in managing and developing vendor relationships outside of Europe, ensuring the on-time delivery of high-quality assortments at the best prices.

Responsibilities:

• Leadership and Strategy:
• Develop and implement strategic sourcing and buying initiatives for hardgoods categories.
• Lead and mentor a regional team of 20 professionals across multiple offices, covering five distinct categories.
• Collaborate closely with Buyers at the head office to align sourcing strategies with overall business objectives.
• Vendor Management:
• Cultivate and maintain strong relationships with vendors outside of Europe, with a focus on Asia.
• Negotiate terms, contracts, and pricing to secure the best deals while maintaining high-quality standards.
• Identify and onboard new vendors to diversify and optimize the supply chain.
• Collaboration and Coordination:
• Work collaboratively with Quality, Sustainability, and Supply Chain teams to ensure product compliance, ethical sourcing, and timely delivery.
• Engage with cross-functional teams to understand market trends, consumer demands, and competitive landscapes.
• Supply Chain Management:
• Oversee end-to-end supply chain processes, identifying opportunities for optimization and efficiency.
• Implement best practices to streamline sourcing, production, and distribution, minimizing lead times and costs.
• Performance Monitoring:
• Establish KPIs and performance metrics to measure the success of sourcing strategies.
• Regularly review and analyse data to make informed decisions and drive continuous improvement.

Qualifications:

• Minimum of 10 years of leadership experience in strategic sourcing and buying, with a focus on hardgoods gained from a retailer
• Proven track record of managing and developing vendor relationships in Asia.
• In-depth knowledge of international sourcing trends, market dynamics, and regulatory requirements for the European market
• Excellent leadership and team management skills, with the ability to inspire and motivate a diverse team and drive cross-functional collaboration.
• Strong analytical and problem-solving abilities, with proficiency in data analysis and interpretation.
• Proficiency in using relevant software and tools for data analysis and reporting.