Strategic Sourcing Consultant

About the Role:

Book of the Month is seeking a tenacious and proactive Sourcing Consultant to support the strategic sourcing of new products, raw materials, and manufacturers for our growing non-book inventory. As a Sourcing Consultant, you will play a key role in identifying and evaluating potential suppliers, negotiating terms, and ensuring the quality and cost-effectiveness of our non-book merchandise. This is an exciting opportunity to contribute to the expansion of Book of the Month’s offerings and enhance the value we provide to our members.

What You'll Do:

• Conduct thorough research to identify potential new products, raw materials, and qualified manufacturers for non-book inventory (e.g., merchandise, gifts, packaging).
• Evaluate potential suppliers based on factors such as cost, quality, lead time, reliability, and production capabilities.
• Gather and analyze supplier information, including pricing, lead times, and specifications.
• Support the preparation of requests for quotes (RFQs) and the evaluation of supplier bids.
• Assist in the negotiation of contracts and terms with selected suppliers.
• Collaborate with internal teams, including operations, growth, and member experience, to understand product requirements and ensure alignment on sourcing decisions.
• Establish and maintain strong relationships with new and existing suppliers.
• Create and manage purchase orders (POs).
• Monitor supplier performance and address any issues or discrepancies.
• Stay up-to-date on market trends, industry best practices, and potential new suppliers.
• Contribute to the development and maintenance of a database of potential and approved suppliers.
• Assist in the coordination of sample evaluation and quality control processes for new products and materials.
• Support the onboarding process for new suppliers.
• Participate in cross-functional team meetings to discuss sourcing initiatives and progress.

Who You Are:

• A highly organized and detail-oriented individual with strong research and analytical skills.
• Excellent communication and interpersonal skills, with the ability to build relationships with external partners.
• Strong negotiation and problem-solving abilities.
• Proficiency in Microsoft Office Suite (Excel in particular).
• Proficiency in NetSuite is a plus.
• A proactive and self-motivated individual with a strong work ethic.
• Ability to manage multiple tasks and prioritize effectively in a fast-paced environment.
• A deep understanding of sourcing principles and best practices.
• Experience in sourcing products, raw materials, or manufacturers, preferably in the retail or e-commerce industry, is a plus.
• Bachelor's degree in Business Administration, Supply Chain Management, Procurement, or a related field.
• 3-5 years of experience in sourcing, procurement, or a related role