Sourcing Category Lead

Sourcing Category Lead - Accessories | Contract until October 2027 lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people. about this team We are the Sourcing Department. We manage the relationship with our Raw Material and Finished Goods vendors & ensure that lululemon has best in the world manufacturers. We work cross-functionally across the entire product team to ensure product meets our business strategy, quality & cost goals. We then work with our vendors to make those products a reality. core responsibilities Deliver Category level Sourcing strategy based on long range plans. Translate long range strategies to drive seasonal costing and allocation priorities. Build strong relationships with vendors and cross functional teams to help foster partnership and trust. Elevate opportunities and risks to influence strategy and support decision making. Ensure cost and margin for assigned category meets target. Analyze and monitor margins. Develop action plans to mitigate margin risk and proposals to reduce cost working closely with cross functional partners. Give guidance for or execute vendor cost negotiations and partner with our LLO Merch and LLO Costing team where applicable. Manage data analysis of product cost and margin, including data updates in costing systems where applicable Track all GTM Calendar by-when’s and ensure that all Sourcing seasonal calendar timelines are met Vendor Allocation data maintenance, validation, and communication of projections to category vendor Support sourcing of and onboarding of new vendors successfully working closely with supply chain onboarding team qualifications You have 3-5 years’ experience working closely & building relationships with off-shore manufacturers You have visited off-shore factories & are versed in the relevant product manufacturing process You are well versed in product cost breakdowns and have a passion for numbers. You are a multi-task master & can handle multiple projects working with a variety of cross-functional partners You are confident in your strengths, always open to challenges and prefer negotiating face to face You love to travel You are an expert in Excel and you have knowledge of Power BI and Smartsheet must haves Acknowledge the presence of choice in every moment and take personal responsibility for your life. Possess an entrepreneurial spirit and continuously innovate to achieve great results. Communicate with honesty and kindness and create the space for others to do the same. Lead with courage, knowing the possibility of greatness is bigger than the fear of failure. Foster connection by putting people first and building trusting relationships. Integrate fun and joy as a way of being and working, aka doesn’t take yourself too seriously. additional notesAuthorization to work in Canada is required for this role. compensation and benefits package lululemon’s compensation offerings are grounded in a pay-for-performance philosophy that recognizes exceptional individual and teamperformance. Thetypical hiring range for this positionis from $88,200-115,800 annually ; the base pay offered is based on market location and may vary depending on job-related knowledge, skills, experience, and internal equity. As part of our total rewards offering, permanent employees in this position may be eligible for our competitive annual bonus program, subject to program eligibility requirements. At lululemon, investing in our people is a top priority. We believe that when life works, work works. We strive to be the place where inclusive leaders come to develop and enable all to be well. Recognizing our teams for their performance and dedication, other components of our total rewards offerings include support of career development, wellbeing, and personal growth: Extended health and dental benefits, and mental health plans Paid time off Savings and retirement plan matching Parenthood top-up Extensive catalog of development course offerings People networks, mentorship programs, and leadership series (to name a few) Note: The incentive programs, benefits, and perks have certain eligibility requirements. The Company reserves the right to alter these incentive programs, benefits, and perks in whole or in part at any time without advance notice. workplace arrangement Hybrid In-person collaboration and connection is important to our culture. Work is performed onsite, minimum 4 days per week. Only those applicants under will be contacted. Please accept our utmost appreciation for your interest. Lululemon is an Equal Employment Opportunity employer. Employment decisions are based on merit and business needs, and not on race, color, creed, age, sex, gender, sexual orientation, national origin, religion, marital status, medical condition, physical or mental disability, military service, pregnancy, childbirth and related medical conditions or any other classification protected by federal, state or provincial and local laws and ordinances. Reasonable accommodation is available for qualified individuals with disabilities, upon request. This Equal Employment Opportunity policy applies to all practices relating to recruitment and hiring, compensation, benefits, discipline, transfer, termination and all other terms and conditions of employment. While management is primarily responsible for seeing that Lululemon equal employment opportunity policies are implemented, you share in the responsibility for assuring that, by your personal actions, the policies are effective. lululemon is committed to providing reasonable accommodation to applicants with disabilities. If you would like someone from our team to contact you for individualized support, email us ataccommodations@lululemon.com . In your email, please include the position title, the location of the position and the nature of your request. #J-18808-Ljbffr