Director Of Sourcing, Formulated

Who We Are

Frida is more than a brand built to support parents. We get parents. We know all about the often unbelievable realities of parenthood, because we’ve been in the trenches. Over the last 9 years, we’ve dedicated ourselves to developing the tools (and sometimes the tips, too) that help simplify parenting - and it all started with snot. Since the launch of our cult-favorite NoseFrida, The SnotSucker, we’ve innovated and launched over 100 products that provide quick and easy solutions to age-old parenting problems. We also launched Frida Mom in 2019, with products to help women with the transition through the fourth trimester into motherhood. Today, Frida holds over a 70% share of its main category, and our products can be found in over 50+ countries and in over 40,000 stores throughout the US - in every retail channel from mass-market, grocery, chain drug, and specialty stores. For 9 years, we’ve had parents’ backs as they navigate the parts of parenthood you don’t usually see on the ’gram with honest and raw messaging to provide the answers to questions they didn’t even know they had. And, we’re just getting started.

How You Will Make An Impact

Frida is looking for a Director of Formulated Sourcing to join our operations team based in Miami, FL. Reporting to the Senior Director of Sourcing, the selected candidate will lead the process of finding the ideal products and partners to drive our growth. The Director will build and maintain relationships with suppliers, evaluate manufacturing partners to ensure alignment with overall consumables sourcing strategy, and negotiate costs and other key business terms. Responsibilities to include:

• Manage product transition between suppliers on targeted supply base optimization initiatives
• Execute on company’s strategic business objectives regarding consumable supply base optimization
• Work closely with Supply Chain Director to develop vertically managed supply chains for consumable product lines
• Understand international business fundamentals such as duty, tariffs, VAT, freight and logistics trends to inform ideal geographies for formulated product sourcing
• Plan and schedule pre-award meetings and coordinate evaluation process with relevant internal departments
• Enhance relationships with key business partners in consumable product lines to help ensure on time delivery, quality standards are being met, and identify opportunities to improve pricing and terms
• Lead team of formulated sourcing personnel to manage new product sourcing, cost down initiatives, and supplier re-alignment
• Develop deep understanding of supply base beyond primary tier to secondary, tertiary suppliers and beyond to understand compliance, risk, and cost structures and optimize where possible
• 10 – 20% travel required to visit potential new and existing suppliers
• Develop sources for consumable product lines that offer the company the edge needed to succeed in terms of price, quality efficacy, and safety
• Own tracking of macroeconomic themes to inform and influence sourcing decisions including supplier alignment, commodity hedging, forward buys, etc
• Ensure the ideal fit between product + supplier to manufacture a premium product that delivers on consumer needs as well as business results Lead negotiations with new and existing suppliers to negotiate product COGS and other key terms utilizing cost modeling when appropriate to drive to correct costs
• Manage long term demand and capacity planning to ensure supply continuity long term
• Prepare RFQs, manage the quoting process, collect, consolidate and analyze quotations, build potential scenarios, and make an informed recommendation that aligns with company objectives
• Develop supplier scorecard, monitor supplier performance against target KPIs, ensure all feedback received from business units are properly addressed, and maintain supplier performance database

What You Will Need

• The disposition to prioritize, organize and manage multiple projects simultaneously with high attention to detail and quality
• Knowledge of global sourcing platforms + resources
• Experience dealing with formulated suppliers in Asia, Europe, Latin America, and the United States
• A sense of urgency to quickly, decisively, and efficiently resolve business issues
• Bachelor’s degree in engineering, manufacturing or chemistry
• The ability to build strong and trusting cross-functional relationships
• Experience as lead negotiator with proven performance
• Excellent communication skills
• 6 years managing and sourcing global suppliers with proven success in locating and developing suppliers with world class capabilities in formulated development
• Knowledge of different manufacturing techniques with working knowledge of materials, components and formulations
• Basic knowledge of Lean manufacturing best practices
• Strong in all Microsoft Office solutions, especially Microsoft Excel
• Understanding of / experience in working with commodities (raw materials, plastics, resins)
• Experience handling requests for information, quotations, proposals and bidding processes, as well as social compliance audits, as well as quality and capabilities audits
• Energetic, positive team player attitude ready for the demands of a high energy, fast-paced company environment with a no-task-too-small work ethic

Who You Will Work With

Frida is an organization that values collaboration and community. As the Director of Formulated Sourcing, you will work closely with Compliance, Product Development, and Project Management teams.

Our Ways of Working

Frida HQ is located in Miami, Florida and approved roles have the flexible option to work remotely both Mondays and Fridays with the benefit of connecting in person Tuesdays - Thursdays.

Why You Will Love Working at Frida

• Weekly wellness programming including manicures & pedicures, massages, and carwashes
• Learning & development opportunities for professional and personal growth
• Generous paid time off program including elective PTO days, federal holidays, sick/wellness days, and a birthday floater
• Dog friendly office - feel free to bring your best buddy with you to work!
• Company-wide events & outings- we know how to throw a party! Team engagement is at the epicenter of our culture, whether it’s getting together for our annual Fam Jam bash or giving back to our community through a day of service
• Supplemental insurance options including Accident Insurance, Short-Term Disability and Long-Term Disability
• 401k matching up to 4% with immediate vesting
• Flexible paid pregnancy and parental leave
• Comprehensive medical, vision, and dental plans
• FSA & HSA
• Robust health benefits including:
• Employer paid life insurance
• Exclusive employee product discounts