Quince - Senior Manager, Global Procurement (Materials)

Bangladesh; India; Pakistan3w ago

In Office Senior APAC Artificial Intelligence Oil & Gas Senior Community Manager Purchasing Manager Procurement Reporting MBA Financial Modeling Supply Chain Management

Requirements

• We are looking for an exceptional Senior Manager, Global Procurement to own and drive cost structures and savings. This role is critical to our goal of delivering the highest quality products, at radically low prices -done right. Reporting to the Head of Procurement, the ideal candidate will leverage their deep expertise in commodity costing, clean sheet, manufacturing excellence & efficiency, harvest timing, raw material availability to craft a competitive costing environment where T2 and T3 suppliers are being challenged to provide transparent, and competitive pricing to achieve a win win supply chain for both Quince and our partners. • Success in this role means achieving material cost at or near should-costing, below market indices, securing supply continuity, and contributing to product excellence by aligning material procurement with the company’s innovation and sustainability goals. This role offers the opportunity to make a significant impact on our business,contribute to company growth, and shape the future of our global procurement strategy. • 12-15 years of experience in raw material sourcing, commodity procurement, or upstream supply chain management • Deep knowledge of textile raw materials including yarns, fibers, fabrics, leather, and related commodities • Experience negotiating directly with mills, tanneries, yarn spinners, and raw material vendors • Familiarity with commodity hedging frameworks and global market indices • Proven ability to build and execute material-specific clean sheets • Strong analytical and financial modeling skills; comfort with large data sets • Technical aptitude for leveraging AI-powered platforms (e.g., LLMs) to conduct scenario analysis and automate complex procurement tasks.Experience in upstream supply chain network design or consolidation preferred • Experience working cross-functionally with merchandising, sourcing, and production teams • Bachelor’s degree required; MBA or advanced degree a plus

Responsibilities

• Commodity Insights: • Build and operationalize a live tracking system for key raw material prices, currency movements, and supply risks to proactively surface threats and opportunities. • Upstream Cost Engineering: • Build material-specific clean sheets for all top raw material inputs to create pricing transparency and support Tier 1 negotiation. • Support Buy Plan margin review to govern company margin target. • Partner with material sourcing team to ensure transparent, competitive pricing from all key material suppliers (we own material, we own costing) • Tier 2 (and Tier 3) Vendor Strategy: • Complete mapping of the Tier 2 and Tier 3 vendor landscape and deliver a defined material and vendor strategy that reduces complexity, ensures capacity, and increases direct-to-mill buying power. • Collaborate with cross-functional teams to integrate upstream material availability into product design and development cycles, ensuring early-stage cost optimization and seamless material-to-finished-good transitions. • Material RFPs: • Consistently deliver product exceptional material cost without sacrificing product quality or ESG considerations • Negotiate and execute immediate cost-reduction agreements directly with Tier 2 material suppliers, while simultaneously institutionalizing repeatable negotiation frameworks to build long-term material maturity and sustainable competitive advantage. • Partner directly with the Material Sourcing, Product Sourcing and Tier 1 and Tier 2 vendors to align on, and implement, material benefits into finished goods costing. • Value Creation: • E.g. How do we become a market maker for Cashmere, Silk, etc? Could we sell cashmere and silk to other retailers? How can we partner with other mills or manufacturers to build a verticalized supply chain for critical materials, like linen, from French/Belgian farms and scutchers to linen mills? How do we buy/sell commodities to manage price fluctuations (e.g. gold pricing, Cashmere pricing)?