Sr. Manager, Global Procurement (Bags and Accessories)

Accountabilities:

• Define and execute commercial procurement strategies and vendor distribution plans for bags and accessories, establishing short- and long-term targets aligned with business growth.
• Drive exceptional product cost while maintaining product quality, sustainability, and ESG considerations.
• Partner with technology teams to embed procurement capabilities, processes, and playbooks into vendor and product management tools.
• Lead initiatives targeting significant product cost reductions, including a goal of 700 basis points of cost reduction over the next 12 months.
• Own end-to-end competitive RFP processes, from vendor identification and bidding through negotiation, evaluation, and supplier award.
• Develop repeatable negotiation frameworks that deliver immediate savings while building long-term category maturity and competitive advantage.
• Develop AI-enabled RFP capabilities and scenario-analysis tools to make sourcing processes more systematic and scalable.
• Build and apply component-level clean sheets to establish cost transparency and support pricing negotiations.
• Review and approve buy plans while optimizing costs, margins, material availability, and commercial outcomes.
• Negotiate upstream with suppliers of fabrics, yarns, fibers, trims, and other critical inputs to secure competitive pricing and reliable availability.
• Establish launch costing and define schedules for renegotiating pricing as products achieve greater scale.
• Provide merchandising teams with achievable scale-costing targets to support product and assortment decisions.
• Partner with Material Managers, Sourcing teams, and Tier 1 and Tier 2 suppliers to incorporate upstream material advantages into finished-goods costing.
• Collaborate cross-functionally to integrate material availability and cost optimization into product design and development from an early stage.
• Identify opportunities for verticalization, volume consolidation, and other supply chain strategies that can unlock new sources of financial value.
• Explore innovative commodity and material strategies, including market-making opportunities, strategic supplier partnerships, and approaches to managing price fluctuations.

Requirements:

• 12–15 years of experience in global procurement, sourcing, or supply chain management within consumer goods or retail environments.
• Proven track record managing competitive RFP processes with international manufacturing partners.
• Hands-on experience developing and using clean-sheet costing methodologies for cost transparency and supplier negotiations.
• Strong analytical capabilities and confidence using data to evaluate costs, scenarios, supplier performance, and business opportunities.
• Deep understanding of commodity costing, manufacturing efficiency, material consumption, and upstream sourcing.
• Experience working directly with Tier 1 and Tier 2 suppliers and international manufacturing partners.
• Demonstrated ability to collaborate effectively with merchandising, materials, production, sourcing, and technology teams.
• Strong commercial negotiation skills with the ability to balance cost, quality, availability, and long-term supplier relationships.
• Strategic mindset with the ability to identify opportunities beyond traditional sourcing, including vertical integration and volume consolidation.
• Comfortable working in a fast-paced environment where challenging established processes and developing new approaches are encouraged.
• Strong ownership, problem-solving, communication, and decision-making skills.
• Interest in applying AI and emerging technologies to procurement, sourcing, analytics, and workflow automation.

Benefits:

• Competitive base salary of $164,000–$240,000 USD.
• Potential bonus and equity opportunities for eligible roles.
• Fully remote position within the United States.
• Opportunity to lead global procurement strategy for bags and accessories.
• Significant ownership over cost structures, sourcing strategy, supplier relationships, and savings initiatives.
• Exposure to technology, AI, analytics, and innovative procurement systems.
• Opportunity to work cross-functionally with materials, sourcing, merchandising, production, and technology teams.
• Ability to influence global supply chain strategy and develop new value-creation opportunities.
• Mission-driven environment focused on quality, accessibility, efficiency, and more sustainable business practices.