Strategic Sourcing Manager

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Job description

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. Wea 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 Strategic Sourcing Manager to join our Operations team and lead the process of finding the ideal products and partners to drive our growth. The Strategic Sourcing Manager will build and maintain relationships with suppliers, evaluate manufacturing partners against a performance scorecard, and negotiate costs and other key business terms. Responsibilities to include:

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

Prepare RFQs, manage the quoting process, collect, consolidate and analyze quotations, build potential scenarios, and make an informed recommendation that aligns with company objectives

Plan and schedule pre-award meetings and coordinate evaluation process with relevant internal departments

Manage product transition between suppliers on targeted supply base optimization initiatives

Support SRM in maintaining supplier scorecard, monitor supplier performance against target KPIs, providing feedback to help maintain supplier performance database

Identify, manage, and develop sources that offer the company the edge needed to succeed in terms of price, quality and safety

Enhance relationships with key business partners to help ensure on time delivery, quality standards are being met, and identify opportunities to improve pricing and terms

Support Supplier Agreement negotiation & inputs, driving for Frida favorable terms

Execute on company's strategic business objectives regarding supplier base optimization

Maintain COGs in all systems, targeting negative PPV through product/supplier optimization or negotiation

10-20% travel required to visit potential new and existing suppliers

What You Will Need

Bachelor's degree in supply chain, engineering, manufacturing or business

At least 3 years of experience managing and sourcing global suppliers with proven success in locating and developing suppliers with world class capabilities

Experience as lead negotiator with proven performance

Strong project management experience and demonstrated ability to lead multiple cross-functional projects concurrently to completion

Strong in all Microsoft Office solutions, especially Microsoft Excel

Knowledge of global sourcing platforms + resources

Very strong negotiating skills

Experience dealing with suppliers in Asia, Europe, Latin America, and the United States

Understanding of / experience in working with commodities (raw materials, plastics, resins)

Demonstrated ability to understand & breakdown COGs, with a high degree of accuracy

Knowledge of different manufacturing techniques and working knowledge of materials, components and formulations

Basic knowledge of Lean manufacturing best practices

Experience handling requests for information, quotations, proposals and bidding processes, as well as social compliance, quality and capabilities audits

The disposition to prioritize, organize and manage multiple projects simultaneously with high attention to detail and quality

A sense of urgency to quickly, decisively, and efficiently resolve business issues

The ability to build strong and trusting cross-functional relationships

Excellent communication skills

CAD experience a plus

Who You Will Work With

Frida is an organization that values collaboration and community. As the Strategic Sourcing Manager, you will work closely with Supply Chain, Project Management, Product Development, and Quality/Regulatory 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

Robust health benefits including:

Comprehensive medical, vision, and dental plans

Employer paid life insurance

Supplemental insurance options including Accident Insurance, Short-Term Disability and Long-Term Disability

FSA & HSA

401k matching up to 4% with immediate vesting

Generous paid time off program including elective PTO days, federal holidays, sick/wellness days, and a birthday floater

Flexible paid pregnancy and parental leave

Weekly wellness programming including manicures & pedicures, massages, and carwashes

Dog friendly office - feel free to bring your best buddy with you to work!

Learning & development opportunities for professional and personal growth

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

Exclusive employee product discounts

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