Director of Sourcing and Product Development

Who We Are 

We design, develop, and distribute innovative, stylish infant and children’s accessories & travel gear for our own brands and a range of well-known and respected licensed brands and retailers.

Founded in 1968, the company that started with one bootie product has grown into one of the largest distributors of infant and children’s accessories in the U.S. and is woman-owned.

Living and working in the mile-high city, where being active and embracing the contrasts that Denver has to offer, is central to GoldBug.  The team brings a love of the outdoors, the arts, and design to the products we create.  

GoldBug is also dedicated to improving maternal and infant health. We actively invest a portion resources to support positive maternal and infant health outcomes for all families.

Job Summary

We are seeking a highly organized and detail-oriented Director of Sourcing and Product Development,.  This individual will lead the product development process ensuring product integrity, calendar adherence and achievement of cost targets.   This individual will work collaborately with the Operations, Merchandising, and Design teams to bring designs to life by managing development from initial concept through final production.

This individual will work closely with the SVP of Supply Chain to establish the Sourcing strategy, new COO, factory exploration and factory onboarding.

Key Roles and Responsibilities

Sourcing

• Execute overall global Sourcing strategy that supports product and company needs.
• Develop key strategies to increase efficiency and effectiveness.

• Clearly communicate the vision and strategies to all cross functional partners; direct and monitor the successful implementation of strategies.
• Implement and manage long term agreements which deliver best in class quality, delivery, and total cost.
  

• Evaluate existing sources for capability and progressiveness, manufacturing capability, quality system, management and financial stability, cost competitiveness and responsiveness.
• Research and evaluate alternate sources of supply. Communicate opportunities with cross functional teams and make recommendations for alternate suppliers, designs, and materials to reduce costs.
• Proactively coordinate the selection and qualification process of new suppliers
• Request and analyze cost quotations including cost break down analysis to aide negotiations of per unit cost.
• Manage the onboarding process for new suppliers until ready to enter the supplier factory matrix.
• Actively participate in new product development and manage the purchasing activities involved with initial phases of new product introduction.

• Determine Key Performance metrics and develop and implement tools and processes to measure performance of suppliers.
• Determine capacity and other key production factors for all factories and work closely with production planning to aid in the management of capacity needs.

Product Development

• Lead the product development team; manage priorities and workflow.
• Establish and communicate goals and priorities in alignment with company strategies.
• Partner closely with merchandising and design to execute market leading product on time and within cost parameters. Work collaboratively to re-engineer products as necessary.
• Direct and communicate with factories and overseas partners to execute products from a quality, color, construction, and fit standpoint.
• Manage product development process via PLM throughout the product lifecycle.
• Oversee sample and product changes / approvals / drops.
• Utilize clear analysis, documentation, and communication to insure adherence to product standards.

The Ideal Candidate:

• 5+ years of management experience
• Entrepreneurial mindset and can-do attitude; demonstrating critical and creative thinking
• Proficiency and knowledge in color, grading, construction and fit
• Hosiery experience preferred
• High level of organization to facilitate multi-tasking in a fast-paced environment

• Ability to quickly problem solve, self-motivated, and a strong sense of urgency
• Collaborative mindset with ability to work effectively cross-functionally
• Flexibility and availability to take early morning or evening calls with overseas teams
• Ability to effectively communicate with overseas teams with language barrier
• Proficient in Word, PowerPoint, Excel, Outlook, Illustrator & PLM
• Ability to travel domestically and internationally as needed
• Bachelor's degree in product development or technical design preferred
• 5-7 years product development experience
• Must be okay to work in a dog friendly office

Other job Details:

• Salary Range: $110,000-$160,000
• Status: Hybrid (in-office 3 days/ week) in Denver
• Reports to: SVP Supply Chain
• Benefits include: Medical, Dental, Vision, Life Insurance Disability Insurance, FSA, 401k with matching, paid vacation, paid sick/personal leave, hybrid schedule, on-site gym, commuter benefits

Equal Opportunity Employer

Goldbug is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.

This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. Goldbug makes hiring decisions based solely on qualifications, merit, and business needs at the time.