NewAge Products Inc. · 1 day ago
Director of Global Sourcing
United States
Full-time
Remote
Director/Executive
10+ years expNewAge Products Inc. is an industry-leading manufacturer and distributor of premium home improvement solutions. The Director of Global Sourcing will oversee the organization’s sourcing strategy and manage supplier relationships to optimize the company’s global manufacturing base while ensuring cost and quality objectives are met.
Consumer GoodsE-CommerceHome ImprovementManufacturingMarketing
Responsibilities
Develop and implement efficient global sourcing strategies that diversify the company’s manufacturing base and ensure achievement of cost, quality, and delivery objectives
Identify, qualify, and establish long-term relationships with global manufacturing partners, particularly in Asia and Europe, to meet business needs
Lead and manage all aspects of the supplier lifecycle, including evaluation, qualification, negotiation, and performance monitoring
Negotiate supplier agreements, focusing on cost efficiency, risk mitigation, and alignment with company goals
Monitor market dynamics, including currency fluctuations and raw material trends, to anticipate and mitigate procurement risks
Draft, execute, and manage vendor contracts through all stages of the agreement lifecycle
Ensure contracts are compliant with legal and business standards, consulting with the Legal team as needed on risks, disputes, and amendments
Conduct cost breakdowns, scenario analyses, and benchmarking to achieve target prices and margin objectives
Collaborate with internal stakeholders, including Product Development, Supply Chain, Quality Control, Finance, and Legal, to ensure vendor compliance with contractual terms
Oversee supplier audits, including SMETA and self-assessments, to maintain quality and compliance standards
Lead and mentor a team of 5+ managers, leads, and specialists, fostering a culture of continuous improvement and excellence
Work collaboratively with Product Development and Engineering teams to support new product development and supplier onboarding
Build strong internal and external relationships to align sourcing strategies with broader organizational goals
Support the development of effective cost reduction strategies and change management plans in partnership with stakeholders
Prepare and present reports summarizing sourcing activities, cost analyses, and supplier performance
Identify and mitigate procurement risks by implementing proactive strategies and controls
Ensure confidentiality and protection of proprietary company information through effective communication protocols and supplier agreements
Qualification
Required
Minimum of 10+ years' experience in global sourcing or procurement, with at least 5 years in a leadership role
Previous experience sourcing consumer products for retail markets and managing contract manufacturers globally; specifically Asia and Europe
Strong understanding of contractual terms and conditions to mitigate legal and business risks
Strong proficiency in building financial models to analyze and validate supplier costs
Expertise in product sourcing, production, and development processes
Proficiency in social, environmental, and process audit requirements for manufacturers
Exceptional negotiation, project management, and leadership skills
Comfortable analyzing and interpreting data to inform business decisions
Excellent written and verbal communication skills
Preferred
Bachelor's degree in a related field (e.g., Engineering, Supply Chain Management)
Supply Chain Management Professional certification or equivalent
Benefits
Salary and bonus is based on experience and highly competitive for the right candidate.
An opportunity within a growing, fast-paced company, well established in its industry.
Fun! We celebrate successes and hold special events to build strong teams.
Our teams work under a remote-first Hybrid model, with the ease of having our North York office accessible for collaboration and/or quiet workspace.
Company
NewAge Products Inc.
NewAge Products is an e-commerce, manufacturing and distribution company, leading the Home Improvement Industry with its best-in-class online shopping experience and suite of expertly engineered, premium home organization solutions.
201-500 employees
Funding
Current Stage
Growth StageRecent News
Google Patent
2025-04-04
Google Patent
2025-02-17
Google Patent
2025-02-17
Company data provided by crunchbase