Strategic Sourcing Manager — Global Negotiation & Growth

The TJX Companies, Inc.; Framingham (MA); On-site; USD 96,000 - 122,000; Full time

Benefits offered by this job

Associate discount

401(k) match

Medical/dental/vision

Life insurance

Disability insurance

Tuition reimbursement

Scholarship program

Adoption/surrogacy assistance

Smoking cessation

Pet/legal insurance

Job summary

TJX Companies in Framingham, MA is seeking a Sourcing Manager to lead the sourcing strategy for in-house products designed by our Product Design team. You will manage suppliers, negotiate prices, ensure sustainable materials, and collaborate with Product Development, Merchants, and Global Buying Offices.

This role requires a bachelor’s degree, strong Excel skills, and proven ability to build relationships, manage budgets, and drive value while meeting deadlines in a fast-moving retail

Qualifications

• 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.

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

Skills

Microsoft Office

Pivot tables

VLOOKUPs

Formulas

Analytical skills

Communication

Team collaboration

Deadline orientation

Education

Bachelor’s degree in business/merchandising/finance

Tools

Microsoft Excel

Job description

TJX Companies in Framingham, MA is seeking a Sourcing Manager to lead the sourcing strategy for in-house products designed by our Product Design team. You will manage suppliers, negotiate prices, ensure sustainable materials, and collaborate with Product Development, Merchants, and Global Buying Offices.

This role requires a bachelor’s degree, strong Excel skills, and proven ability to build relationships, manage budgets, and drive value while meeting deadlines in a fast-moving retail