Sourcing Category Lead

WHO WE ARE

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. That includes creating an equitable, inclusive, and growth-focused environment for our people.

SOURCING CATEGORY LEAD- ACCESSORIES

Reporting to the Director Accessories Sourcing, the Sourcing Category Lead will be the category expert in sourcing, costing and delivering margins against our Accessories products. The Sourcing Category Lead will delivery category level sourcing strategy and translate long range strategies to drive seasonal costing priorities. They will ensure cost and margin for assigned category meets target. Sourcing Category Lead develops factory relationships aligned with their product category to commercialize products in a timely, consistent manner. They will develop plans and strategies that will address category specific margin goals.

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.

A DAY IN THE LIFE
- 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

Compensation and Benefits Package

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
Generous employee discount
Fitness & yoga classes
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.