Sourcing Manager

National Black MBA Association

Framingham, Northern (MA, KY)

Hybrid

USD 96,000 - 122,000

Full time

13 days ago
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Benefits offered by this job

Associate discount
401(k) match
Healthcare benefits
tuition reimbursement

Job summary

TJX Companies is seeking a Sourcing Manager to lead the development and implementation of our in-house sourcing strategy for TJX products. You will manage supplier relationships, negotiate prices, and collaborate with Product Design, Merchants, GS&P, and Legal to ensure quality, innovation, and on-time delivery.

Ideal candidates bring a business/merchandising background, strong Excel skills, and a proven ability to drive value through data and negotiation while coordinating across global teams

Qualifications

  • Bachelor’s degree in business, merchandising, finance or equivalent experience.
  • Proficient with Microsoft Office; strong Excel skills (pivot tables, v-lookups).
  • Strong math, analytics, and ability to present ideas clearly to stakeholders.

Responsibilities

  • Partners with stakeholders to realize desired outcomes.
  • Engages in clear, timely communication across audiences.
  • Builds networks across functions and levels to improve results.
  • Leads negotiations to optimize product mix and margins.
  • Maintains costing datasets and supplier performance tracking.

Skills

Analytical skills
Communication skills
Team collaboration
Time management

Education

Bachelor’s degree in business, Merchandising, Finance or relevant experience

Tools

Microsoft Excel
Microsoft Office

Job description

TJX Companies

At TJX Companies, every day brings new opportunities for growth, exploration, and achievement. You’ll be part of our vibrant team that embraces diversity, fosters collaboration, and prioritizes your development. Whether you’re working in our four global Home Offices, Distribution Centers or Retail Stores—TJ Maxx, Marshalls, Homegoods, Homesense, Sierra, Winners, and TK Maxx, you’ll find abundant opportunities to learn, thrive, and make an impact. Come join our TJX family—a Fortune 100 company and the world’s leading off-price retailer.


Job Description

The Sourcing Manager is responsible for the development and implementation of our sourcing strategy for TJX products designed in-house by our Product Design team. The responsibilities may include managing a sourcing specialist, procure sustainable materials with an eye on quality, newness and innovation, negotiating prices, , and build strong internal and external relationships.


This role collaborates with Product Development, Merchants, GS&P, Direct Vendors, Buying Agents, Global Buying Offices, Sustainability Team, and Legal.


Responsibilities


  • Partners with Stakeholders to realize desired outcomes

  • Adjusts approach to varying audiences

  • Engages in respectful, effective, timely communication; asks questions, listens to answers

  • Builds and maintains a strong network at all levels and across functions

  • Delivers Value on Time by finding or creating leverage, efficiencies and opportunities while identifying and mitigating risks

  • Leverages and continually develops relevant Sourcing knowledge

  • Production, Retail Math, Logistics Timing

  • International Commerce Rules/Regulations, Specialized Country Knowledge, Finance, Macro Economics, Sustainability Regulations and Tracking and more

  • Leads negotiations to achieve the best possible product mix at the target profit margins

  • Creates and executes negotiations strategy

  • Is the central point of communication for all Stakeholders (Agents/Vendors, Merchants, Product Team,etc) throughout the negotiations process

  • Maintains Costing dataset and related reporting, ensures accuracy and timeliness

  • Find and evaluate potential suppliers based on key criteria, including but not limited to capabilities, capacity, pricing/value, financial health and other considerations

  • Monitor supplier performance, capacity and health

  • Partner with Business Unit to create grow/maintain/shrink strategy based on the above and on business needs; executes strategy, monitors results, adjusts course as needed

  • Drives the business by transforming data and research into strategy and action; data and research may include: Product, Programs and Customer Needs , Business Intelligence , Inputs, Supply Chain, Manufacturing, Order History


Who We Are Looking For: You


  • Bachelor’s degree in business, Merchandising, Finance or relevant experience

  • Proficient with Microsoft office suite

  • Advanced working knowledge of Microsoft Excel: pivot tables, v-lookups, formulas

  • Strong math and analytical skills

  • Able to unify and clearly present ideas to individuals and groups

  • Collaborative; works well in a team environment; strong communication skills

  • Meets deadlines; responds appropriately in a timely manner

  • Excellent multi-tasker, able to manage multiple projects/ programs simultaneously


Benefits include Associate discount; 401(k) match; medical/dental/vision; HSA; health care FSA; life insurance; short/long-term disability; paid holidays/vacation /sick/bereavement/parental leave; EAP; incentive programs for management; auto/home insurance discounts; tuition reimbursement; scholarship program; adoption/surrogacy assistance; smoking cessation; child care/cell phone discounts; pet/legal insurance; credit union; referral bonuses. All benefits are subject to applicable plan or program terms (including eligibility terms) and may change from time to time. Contact your TJX representative for more information.



  • Associate discount

  • 401(k) match

  • medical/dental/vision

  • HSA

  • health care FSA

  • life insurance

  • short/long-term disability

  • paid holidays/vacation /sick/bereavement/parental leave

  • EAP

  • incentive programs for management

  • auto/home insurance discounts

  • tuition reimbursement

  • scholarship program

  • adoption/surrogacy assistance

  • smoking cessation

  • child care/cell phone discounts

  • pet/legal insurance

  • credit union

  • referral bonuses


In addition to our open door policy and supportive work environment, we also strive to provide a competitive salary and benefits package. TJX considers all applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, gender identity and expression, marital or military status, or based on any individual's status in any group or class protected by applicable federal, state, or local law. TJX also provides reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local law.


Address

770 Cochituate Rd


Location

USA Home Office Framingham MA 770 Cochituate Rd


This position has a starting salary range of $95,800.00 to $122,100.00 per year. Actual starting pay is determined by a number of factors, including relevant skills, qualifications, and experience. This position is eligible for an annual incentive as well as long-term incentives.

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