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Director, Strategic Sourcing Jobs

Company

Mejuri

Address New York, NY, United States
Employment type FULL_TIME
Salary
Category Retail Luxury Goods and Jewelry
Expires 2023-08-10
Posted at 10 months ago
Job Description
Mejuri is the category-defining fine jewelry brand redefining luxury, your way. Feeling disconnected from an industry that typically markets to men, co-founder and CEO Noura Sakkijha leveraged her learnings as a third-generation jeweler to rethink the way women purchase jewelry—for themselves. In only seven years, and with a team of over 75% women, Mejuri has shipped over one million orders and opened retail stores across the globe, all while introducing new products weekly.


As part of Noura’s original vision to empower women to invest in themselves, the brand launched the Empowerment Fund to support underrepresented women and non-binary individuals with the tools to empower themselves. Mejuri continues to reach new customers through exciting community initiatives and expansion into international markets, such as the UK, Australia and Germany.


We are a team of retailers, creatives, technologists and strategists, and we are looking for someone special to join our team.


Mejuri is searching for a Director, Strategic Sourcing to join our Product Supply team! The ideal candidate is an influential leader who is passionate about sustainable supply chains, possesses a deep knowledge of the jewelry industry and thrives in a fast-paced, entrepreneurial environment.


Reporting into the Senior Director of Product Supply, this role will be responsible for developing and implementing sourcing processes for all jewelry and raw materials, developing contract/vendor management practices, have active participation in our New Product Development process, and be a key driver of our sustainability mission.


You will establish a strategic, disciplined and integrated procurement function that optimizes new and existing vendor/supplier partnerships to maximize value to the organization while reducing cost. Be responsible for establishing appropriate vendor performance metrics, facilitation of vendor performance evaluation and supplier development programs. Participate in the development of standards for contracts to ensure they align with Mejuri legal strategies and establish a Request for Proposal process for complex high-value items.


What you’ll do:


Best-in-Class Procurement Strategy, Leadership & Process


  • Continuously improve and streamline Procurement processes and tools, including RFP structure, contract management solutions, PLM system and supply chain ERP
  • Collaborate with Supply Chain Planning to secure sufficient ongoing manufacturing network capacity
  • Develop, lead and execute on a long-term supply network strategy in partnership with Supply Chain Planning, Product Development, Sustainability, Technical Excellence (TE) & Quality to support Mejuri’s rapid growth trajectory
  • Closely partner with other verticals across the business to drive implementation of integrated strategy and roadmap


Jewelry Expertise


  • Demonstrate exceptional contract negotiation experience to lock in preferred pricing and build relationships with key suppliers.
  • Use your knowledge of Jewelry, Diamonds, Gemstones and semi-finished goods to uncover new opportunities to expand our supplier network
  • Use your extensive jewelry purchasing knowledge to drive strategic purchasing decisions that support profitable business growth
  • Deliver strong solution orientation with the ability to think-out-of-the-box and have a vision for what is possible
  • Demonstrate strong commodity market awareness and ability to predict pricing fluctuations


Sourcing


  • Lead sourcing, evaluation and onboarding of new suppliers (FG and materials)
  • Collaborate with vendors, and internal teams to identify and implement opportunities for supply chain efficiency improvements, quality enhancements, cost reductions, and materials management
  • Continually seek process or asset improvements to maximize cost savings
  • Determine accurate budget and forecasting and establish pricing models to maintain stability of margins
  • Setup robust direct sourcing and directed-buy processes for diamonds, gemstones and semi-finished goods (ie. chains)
  • Determine when additional or alternate sources are required, and implement proactive strategies to minimize product flow disruptions
  • Lead the development and implementation of sourcing strategies applicable to purchasing and contracting for Jewelry, Diamonds, Gemstones and components
  • Improve and build a strong supplier base to ensure continuity of supply in alignment with business objectives, values and emerging product needs


Supplier performance


  • Manage supplier relationships and performance, ensure supplier compliance with Mejuri Contract terms and conditions
  • Build and own relationships with internal clients and be responsible for delivery of best-in-class strategic sourcing, contract management, negotiation and supplier management practices
  • Collaborate with Sustainability to develop traceable material supply routes with suppliers
  • Performance Monitoring: Monitor and report supplier performance on the basis of predetermined, relevant and measurable KPIs
  • Collaborate with Sustainability to ensure supplier compliance with Mejuri ESG standards and regulatory requirements
  • Collaborate with TE & Quality to design and implement a supplier development program
  • Collaborate with TE & Quality to ensure supplier compliance to quality standards and implementation of CAPA’s


Material Resource Planning


  • Develop and implement strategies that minimize shortage risks (primary/secondary suppliers, supplier capacities)
  • Drive best practices including analytical tools, negotiation preparation methodologies, rigorous RFP mentality and process, and sourcing execution practices
  • Establish standards for and drive improvements in purchasing data management, drive spend analysis to better understand actual vs. forecasted savings, and develop supplier management/scorecards and performance reporting processes
  • Keep informed of technology offerings and market trends that facilitate the purchasing of indirect goods/services both domestically and globally to reduce the total cost of ownership
  • Be the subject matter expert in all things related to procurement and strategic sourcing
  • Work closely with Supply Planning & Product development team to secure materials to coincide with aggressive manufacturing schedules
  • Oversee all spend details with regular reporting to the VP Finance and Controller ensuring total costs are closely managed through reductions, stability in price agreements, and continuous improvements


Key Performance Indicators:


  • Supply chain responsiveness
  • Product Margin
  • Supply Chain reliability


What you bring to the team:


  • Strong leadership experience and team-building abilities
  • Motivated, self-starting individual & strategic thinker. Must be hands on and enjoy working in a highly creative and entrepreneurial environment
  • Experience with RJC, Kimberly process, GIA and other Jewelry related standards
  • Strong project management skills, detail oriented and ability to deliver results
  • Experience with RFP/RFI/RFQ processes, supplier negotiations and contracting
  • Excellent interpersonal and communication skills
  • Proven ability to influence cross-functional partners across all levels of the organization
  • 10+ years relevant procurement experience with a focus on jewelry purchasing
  • Extensive knowledge in Global Jewelry Sourcing, Sustainability & Supply Chain Management


Things we consider an asset:


  • Graduate Gemologist (GIA) designation
  • External procurement certification


Benefits at Mejuri:


  • Parental leave salary top-up of up to 80%, as well as a personalized return-to-work transition and accommodation plan for full-time employees.
  • A minimum of three weeks vacation, plus personal days and three religious observance days.
  • Semi-annual performance reviews.
  • Comprehensive medical and dental benefits, including mental health coverage, and generous personal and sick days for our full-time employees. We also offer bereavement leave, including miscarriage and stillbirth support.
  • Internal coaching department and learning and development to support career growth and plans for everyone.
  • A hybrid work model for all corporate roles.
  • A generous product discount!
  • ‘Mejuri Passport’ which allows employees who meet specific criteria to work in other locations for one month per year.


Please note that these benefits apply to full-time employees.


Looking for the perfect next opportunity is a big decision. Mejuri recognizes the importance of pay transparency when it comes to salary ranges as it empowers individuals through the hiring process and supports them in making an informed decision. This role will be for NYC office with a base salary range of $160,000-$200,000 per year based on a candidate’s experience and qualifications.


Location:


At Mejuri we embrace a hybrid working environment and support our corporate employees to be successful whether they are at home or in the office. The primary purpose of our offices is to drive collaboration and deepen relationships with one another.


Accommodation / Accessibility:


Mejuri does not discriminate in hiring or terms and conditions of employment because of an individual’s race, ancestry, colour, place of origin, religion, gender, gender identity, national origin, citizenship, age, disability, sexual orientation, family status or marital status, or any other protected category recognized by provincial or federal laws.


Should you require any accommodation, please inform us and we will work with you to meet your accessibility needs. For any accessibility-related assistance, requests for information in accessible alternative formats or to report any accessibility problems, please share in your application.


Accommodation / Accessibility:


Mejuri does not discriminate in hiring or terms and conditions of employment because of an individual’s race, ancestry, colour, place of origin, religion, gender, gender identity, national origin, citizenship, age, disability, sexual orientation, family status or marital status, or any other protected category recognized by provincial or federal laws.


Should you require any accommodation, please inform us and we will work with you to meet your accessibility needs. For any accessibility-related assistance, requests for information in accessible alternative formats or to report any accessibility problems, please share in your application.