Franco Manufacturing Co., Inc. · 1 day ago
Vice President of Global Sourcing
Franco Manufacturing Co., Inc. is a leading international producer of home fashions, and they are seeking a Vice President of Global Sourcing to lead their sourcing strategies and buying plans. This role involves overseeing the Global Sourcing team, ensuring compliance with quality standards, and managing relationships with overseas factories.
Responsibilities
Direct the Global Sourcing team in the development of all new sources, ethical standards, price negotiations, production processes, on-time delivery, quality control, quality testing, and security of goods
Ensure that purchases are made in accordance with Company plan and market conditions to achieve gross profit requirements
Travels to overseas factories to develop new sources, negotiate prices, assess factory capacities, monitor ethical standards, review security, and maintain positive relationships
Ensure that quality controls are in place in each country and that suppliers adhere to the guidelines set forth by the Company
Direct the management of overseas offices and staff including recruitment and development of local office staff, preparation of annual budget and expenditures, and compliance with local laws and regulations
Qualification
Required
A minimum of 10-15 years' experience in Home Textiles directing a Global Sourcing team and purchasing of products in a highly intensive SKU environment
Experience assessing factory capacity and production capabilities
Technical understanding of textile printing processes, fabrications and construction
Costing and margin analysis
Experience negotiating directly with factories. Must be a proven strong negotiator
Previous travel to China factories. Ability to travel 3-4 times/year
Experience managing staff of buying Directors
Experience managing an overseas office
Direct management of Quality Control functions and AQL auditing
Experience dealing with Retail customers' quality requirements, quality testing and regulatory compliance
Experience managing Ethical Standards within factory base
Experience monitoring and controlling production timelines and shipping schedules
Previous sourcing of goods for Mass Market retailers
Hands-on managerial style
Ability to work in Metuchen office
FOB volume $50M+
Company
Franco Manufacturing Co., Inc.
Franco Manufacturing Co. is a consumer goods company that offers comforters, pillows, and towels.
Funding
Current Stage
Growth StageRecent News
globallegalchronicle.com
2024-02-06
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