Strategic Sourcing Manager

JOIN THE BEST TEAM IN SPORT & SPIRIT

At Varsity Brands, we believe every student deserves the opportunity to succeed and every educator wants to make a difference. It takes a team to make a real impact, and through our two divisions – BSN SPORTS and Varsity Spirit – and our network of 6,000+ employees and independent representatives, we are proud to partner with a wide range of educational institutions and club and professional sports to transform the student journey in SPORT and SPIRIT.

WORK TYPE: Full time

LOCATION DETAILS: Remote

WORK HOURS: Mon-Fri; 8am-5pm CST

TRAVEL REQUIREMENT: Less than 10%

BASE PAY RATE: $82,000 - $100,000 DOE

HOW YOU WILL MAKE AN IMPACT

The Strategic Sourcing Manager is responsible for developing and executing sourcing strategies to ensure that a company's procurement operations are cost-effective, efficient, and aligned with overall business objectives. This role involves identifying, evaluating, and selecting suppliers, negotiating pricing, managing supplier relationships, and driving cost-effective sourcing practices globally. The individual will ensure that procurement operations align with the company’s goals, supply chain requirements, and sustainability objectives.

WHAT YOU WILL DO

• Global Sourcing Strategy: Develop and execute a global sourcing strategy to meet the company’s objectives, balancing cost, quality, and delivery timelines across regions.
• Supplier Selection and Management: Identify, evaluate, and onboard global suppliers. Build and maintain strong, long-term relationships with key suppliers to ensure high-quality products/services and reliability.
• Negotiation: Negotiate best pricing with suppliers. Drive cost savings through effective apparel negotiation best practices and continuous supplier evaluation. 
• Cost Optimization: Continuously monitor and analyze sourcing performance to identify opportunities for cost reductions, process improvements, and efficiency gains.
• Market Research and Analysis: Conduct market research to stay updated on global sourcing trends, pricing, and supplier innovations. Assess supplier performance and market conditions regularly to adjust sourcing strategies.
• Cross-functional Collaboration: Work closely with product development, procurement, quality assurance, finance, and logistics teams to ensure alignment of sourcing strategies with business needs and goals.
• Risk Management: Identify and mitigate sourcing risks, such as geopolitical factors, supply chain disruptions, and currency fluctuations. Develop contingency plans to ensure continuity of supply.
• Sustainability and Compliance: Ensure sourcing practices are aligned with corporate sustainability goals, ethical sourcing standards, and compliance with global regulatory requirements.
• Reporting and Metrics: Develop and present reports on sourcing activities, supplier performance, cost savings, and strategic initiatives to senior management.

QUALIFICATIONS

KNOWLEDGE/ SKILLS/ ABILITIES

• Analytical skills with the ability to assess …