Sourcing Manager

Are you a highly motivated and strategic individual with a passion for sourcing and supply chain management? Do you thrive in a fast-paced and dynamic environment? If so, we have an exciting opportunity for you to join our team as a Sourcing Manager at TJX Companies.At TJX, we are a global off-price retailer with over 4,500 stores in nine countries. As a Sourcing Manager, you will play a critical role in our success by leading the sourcing and procurement process for our merchandise. This includes building and maintaining relationships with suppliers, negotiating contracts, and ensuring quality and cost-effective products are delivered on time.To excel in this role, you should have a Bachelor's degree in business, supply chain management, or a related field and at least 5 years of experience in sourcing or procurement. You should also possess strong analytical, communication, and negotiation skills, as well as the ability to work collaboratively with cross-functional teams.If you are a driven and results-oriented individual with a strong understanding of global sourcing and a desire to make a significant impact in a leading retail company, we encourage you to apply for this position. Join us at TJX and be a part of our successful and growing team!

1. Develop and implement sourcing strategies that align with company goals and objectives.
2. Build and maintain relationships with suppliers, ensuring open communication and timely delivery of products.
3. Negotiate contracts with suppliers to secure the best possible pricing and terms.
4. Conduct market research and analysis to identify new sourcing opportunities and stay up-to-date with industry trends.
5. Collaborate with cross-functional teams, including merchandising, planning, and logistics, to ensure that sourcing activities are aligned with business needs.
6. Monitor and track supplier performance, identifying and addressing any issues that may impact product quality or delivery.
7. Manage the sourcing budget, optimizing costs and driving efficiencies to maximize profitability.
8. Stay informed of global sourcing regulations and compliance requirements, ensuring that all sourcing activities meet legal and ethical standards.
9. Develop and maintain a network of potential suppliers, evaluating their capabilities and capacity to meet the company's needs.
10. Continuously review and improve sourcing processes to increase efficiency and effectiveness.
11. Train and mentor team members, providing guidance and support to help them achieve their goals and objectives.
12. Represent the company at industry events and conferences, fostering relationships with suppliers and staying informed of industry developments.
13. Stay current on market trends and competitive landscape to identify potential risks and opportunities for the company.
14. Communicate effectively with internal stakeholders, providing regular updates on sourcing activities and progress.
15. Drive a culture of continuous improvement, promoting innovation and best practices in sourcing and supply chain management.

According to JobzMall, the average salary range for a Sourcing Manager in Framingham, MA, USA is $75,000-$90,000 per year. This may vary depending on the specific company, industry, and level of experience of the individual. Some companies may offer additional benefits and bonuses as part of the compensation package.

The TJX Companies, Inc. is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. It remained from the original Zayre Corp. that was established in 1956. It operates through the following segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe. The Marmaxx segment sells family apparel including footwear and accessories, home fashions including home basics, accent furniture, lamps, rugs, wall décor, decorative accessories, giftware, and other merchandise. The HomeGoods segment offers home basics, giftware, accent furniture, lamps, rugs, wall décor, and decorative accessories. The TJX Canada segment operates the Winners, Marshalls, and HomeSense chains in Canada. The TJX Europe segment operates T.K. Maxx and HomeSense chains in Europe.