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Manager, Sourcing - Consumer Electronics & Audio

The Lovesac Company
$80,000.00 - $120,000.00 Salary
paid time off, flex time, 401(k)
United States, Connecticut, Stamford
2 Landmark Square (Show on map)
Jan 16, 2025
Job Details
Remote Type
Fully Remote
 
Salary Range
$80,000.00 - $120,000.00 Salary
Description

About Lovesac

We are a young-at-heart, fast-growing furniture company, dedicated to helping people fill their homes with Total Comfort. We do this by designing and innovating furniture solutions that are adaptable, washable, expandable, and delivered-right-to-your-door-able, allowing our customers to live the life they want to live.

Our Designed for Life mission started with Sacs, a seat so much better than your classic beanbag made with repurposed Durafoam and designed to reduce environmental impact while providing unimaginable, cloud-like comfort. From there, we expanded the possibility for sustainable furniture with Sactionals, a customizable modular sectional that can be endlessly rearranged to evolve with you. Our product line has grown a lot since our Sacs days, but our goal will always remain the same - to create truly adaptable, comfortable furniture that can be with you for life.

About our Culture

At Lovesac, we strive to be an employer of choice by embodying a culture that encourages team members to think and dream big. We call this Top Ambition. We aim to not only excel within our industry, but also make a meaningful impact on the world. Above all else, we're driven by love (because it matters) and are dedicated to promoting love and happiness in all aspects of our work. It's about success, of course, but it's also about making a positive impact on everyone our business touches. By prioritizing work-life balance and flexible schedules, we help people find great fulfillment in their careers and their lives.

Visit www.lovesac/careers.com to learn more about Lovesac!

About the Role

Do you consider yourself a sourcing extraordinaire with global reach to best-in-class suppliers? Do you have a passion for researching, vetting and onboarding overseas vendors to provide optimal components for new innovative consumer products? Do you have an affinity for audio products and crisp unfiltered sound? Are you an audiophile familiar with the workings of embedded audio and Wi-Fi enabled speakers? If this sounds like your professional experience, this could be your next big opportunity!

We're looking for a Manager, Sourcing - Consumer Electronics & Audio to join our Sourcing team and take ownership of our vendor strategy for existing and future electronics & audio innovations, with a focus on StealthTech. This is a new role for the organization that will be highly collaborative working closely with our Product Development team on all future electronics integrated product innovations. This role will be pivotal in the growth of the electronics category as a whole at Lovesac.

This person will be the subject matter expert as it relates to vendor strategy for electronic components and will be responsible for sourcing, vetting and onboarding new suppliers with a focus on overseas relationships. You will utilize your vast knowledge of the global supply chain to anticipate risks, navigate and overcome challenges and drive the future of our sourcing strategy to ultimately make Lovesac's product innovations a reality!

This position is remote and will report into Lovesac Corporate HUB based in Stamford, CT. Candidates must fully reside in the United States at all times during employment and should have the ability to travel as needed both domestically and internationally.

What You'll Do



  • Manage and drive the material sourcing, production, and quality control procedures for product development activities, while partnering cross-functionally to execute to brand strategies and financial targets.
  • Own vendor communication, sample development and pre-production deliverables for respective product categories.
  • Develop and execute sourcing strategies that drive best unit economics, while maintaining product quality and timeline.
  • Identify, vet, and develop best-in-class electronics suppliers to support our product innovation pipeline.
  • Continuously manage risk through stakeholder education on viable end-to-end sourcing and production timelines.
  • Travel domestically and internationally to support product placement and cost negotiations.
  • Responsible for monitoring supplier performance and leading QBRs with suppliers to review scorecards.
  • Responsible to meet or exceed all goals and key performance indicators (KPIs) with a focus on leveraging spend, and COG unit reductions.
  • Perform any other reasonable duties for this role as requested by management.



Who you Are:

Our Lovesac Values:



  • Core Values: Top Ambition, Willing to Sweep Floors, Grit,
  • Table-Stake Values: Positive, Passionate, Collaborative, Flexible, Self-Starting, Self-Aware, Candid, Empathetic, Inclusive, Insatiable Learners



Our Lovesac Core Competencies:



  • Builds Customer Centricity
  • Drives Remark-able Results
  • Collaborates Effectively
  • Makes Good Decisions
  • Demonstrates Self-Awareness


Requirements



  • Bachelor's degree required, Supply Chain Management or Business discipline preferred.
  • Minimum of 5+ years' experience in the commodity management, strategic sourcing, and/or supply chain disciplines, with a specific focus in Consumer Electronics and Audio parts and components.
  • Experience in sourcing Wi-Fi enabled speakers and familiarity with Qi chargers preferred, but not required.
  • People management experience is preferred, but not required.
  • Maintains the highest level of customer service, creating solutions and experiences that drive business results and engagement with the brand.
  • Exemplify each of our Lovesac values, at all times, be results driven and utilize knowledge to meet or exceed key performance indicators (KPIs), goals and deadlines.
  • Must be able to travel using various forms of transportation, as required by the Company in its sole discretion, for meetings and conferences held either at our offices or offsite (i.e. quarterly team connection weeks, companywide meetings, domestic and international vendor visits).
  • Must comply with all policies and procedures outlined in the Lovesac Employee Handbook and work collaboratively with fellow employees, treating all clients, both internal and external with dignity and respect at all times.



Full Time Benefits*



  • Financial Benefits: Annual Bonus Program, Annual and Inaugural Grant Equity Awards, 401K Matching Contribution, Financial Wellness Tools, Sales Incentive Program.
  • Health and Wellness Benefits: Medical, Dental, Vision, Health Savings and Flexible Spending Accounts, Paid Parental Leave, Life/AD&D, Short Term and Long-Term Disability, Critical Illness and Accident Insurance, Employee Assistance Program.
  • Paid Time Off: Up to 160 hours of paid time off within our fiscal calendar year, prorated from date of hire, 8 paid company recognized holidays, Summer Flex Time.
  • Pet Insurance and generous Associate Discounts.



*Eligibility and terms for all benefits listed are as outlined in Lovesac's policy and plan documents.

Associate pay will vary based on factors such as qualifications, experience, skill level and competencies.

Lovesac is an Equal Opportunity Employer and considers all applicants for employment without regard to race, color, religious creed, ancestry, national origin, ethnicity, religion, sex, sexual orientation, gender (including gender-related identity, gender nonconformity, or status as a transgender or transsexual individual),, pregnancy, age, national origin, marital status, physical or mental disability, military status, genetic information or any other characteristic protected by applicable law.

Non-New York City Applicants Only: To the extent permitted by law, conditional offers of employment will be contingent upon successful completion of a background check, including but not limited to education verification, employment history verification, reference checks, criminal history and motor vehicle history (if vehicle required). All qualified applicants with criminal histories will be considered in accordance with applicable local, state, and federal law.

Lovesac participates in E-Verify as required by law. Immigration sponsorship is not available for this role.

Lovesac is committed to the principles of equal employment opportunity and providing reasonable accommodations to candidates with disabilities. If you need an accommodation during the application process, please reach out to us at: TalentAcquisition@lovesac.com.


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