Strategic Sourcing Manager - Formulation

Who We Are

Frida is more than a brand built to support parents. We get parents. We know all about the often unbelievable realities of parenthood, because we've been in the trenches. Over the last 9 years, we've dedicated ourselves to developing the tools (and sometimes the tips, too) that help simplify parenting - and it all started with snot. Since the launch of our cult-favorite NoseFrida, The SnotSucker, we've innovated and launched over 100 products that provide quick and easy solutions to age-old parenting problems. We also launched Frida Mom in 2019, with products to help women with the transition through the fourth trimester into motherhood. Today, Frida holds over a 70% share of its main category, and our products can be found in over 50+ countries and in over 40,000 stores throughout the US - in every retail channel from mass-market, grocery, chain drug, and specialty stores. For 9 years, we've had parents' backs as they navigate the parts of parenthood you don't usually see on the 'gram with honest and raw messaging to provide the answers to questions they didn't even know they had. And, we're just getting started.

How You Will Make an Impact

Frida is looking for a Strategic Sourcing Manager to join our Operations team and lead the process of finding the ideal products and partners to drive our growth.?The Strategic Sourcing Manager will build and maintain relationships with suppliers, evaluate manufacturing partners against a performance scorecard, and negotiate costs and other key business terms.?

Responsibilities to include:

• Ensure the ideal fit between product + supplier to manufacture a premium product that delivers on consumer needs as well as business results Lead negotiations with new and existing suppliers to negotiate product COGS and other key terms

• Prepare RFQs, manage the quoting process, collect, consolidate and analyze quotations, build potential scenarios, and make an informed recommendation that aligns with company objectives

• Plan and schedule pre-award meetings and coordinate evaluation process with relevant internal departments

• Manage product transition between suppliers on targeted supply base optimization initiatives?

• Support SRM in maintaining supplier scorecard, monitor supplier performance against target KPIs, providing feedback to help maintain supplier performance database

• Identify, manage, and develop sources that offer the company the edge needed to succeed in terms of price, quality and safety

• Enhance relationships with key business partners to help ensure on time delivery, quality standards are being met, and identify opportunities to improve pricing and terms

• Support Supplier Agreement negotiation & inputs, driving for Frida favorable terms

• Execute on company's strategic business objectives regarding supplier base optimization

• Maintain COGs in all systems, targeting negative PPV through product/supplier optimization or negotiation

• 15-25% travel required to visit potential new and existing suppliers

What You Will Need

• Bachelor's degree in supply chain, engineering, manufacturing or business

• At least 3 years of experience managing and sourcing global suppliers with proven success in locating and developing suppliers with world class capabilities
• Experience sourcing for formulated consumer products, pharmaceuticals, or medical devices

• Experience as lead negotiator with proven performance

• Strong project management experience and demonstrated ability to lead multiple cross-functional projects concurrently to completion

• Strong in all Microsoft Office solutions, especially Microsoft Excel

• Knowledge of global sourcing platforms + resources

• Very strong negotiating skills

• Experience dealing with suppliers in Asia, Europe, Latin America, and the United States

• Understanding of / experience in working with commodities (raw materials, plastics, resins)

• Demonstrated ability to understand & breakdown COGs, with a high degree of accuracy

• Knowledge of different manufacturing techniques and working knowledge of materials, components and formulations

• Basic knowledge of Lean manufacturing best practices

• Experience handling requests for information, quotations, proposals and bidding processes, as well as social compliance, quality and capabilities audits?

• The disposition to prioritize, organize and manage multiple projects simultaneously with high attention to detail and quality

• A sense of urgency to quickly, decisively, and efficiently resolve business issues

• The ability to build strong and trusting cross-functional relationships

• Excellent communication skills

• CAD experience a plus

Who You Will Work With

Frida is an organization that values collaboration and community. As the Strategic Sourcing Manager, you will work closely with Supply Chain, Project Management, Product Development, and Quality/Regulatory teams.

Our Ways of Working

Frida HQ is located in Miami, Florida and approved roles have the flexible option to work remotely both Mondays and Fridays with the benefit of connecting in person Tuesdays - Thursdays.

Why You Will Love Working at Frida

• Robust health benefits including:
• Comprehensive medical, vision, and dental plans
• Employer paid life insurance
• Supplemental insurance options including Accident Insurance, Short-Term Disability and Long-Term Disability
• FSA & HSA
• 401k matching up to 4% with immediate vesting.
• Generous paid time off program including elective PTO days, federal holidays, sick/wellness days, and a birthday floater.
• Flexible paid pregnancy and parental leave.
• Weekly wellness programming designed to maximize personal time and minimize time spent investing in personal care outside of work hours. This includes a variety of programming such as in-office manicures & pedicures, blowouts, massages, and carwash services.
• Dog friendly office - feel free to bring your best buddy with you to work!
• Learning & development opportunities for professional and personal growth
• Company-wide events & outings. Team engagement is at the center of our culture. This ranges from small department-specific teambuilding or informal outings to our annual Fam Jam family carnival that celebrates the people in your life who support you in bringing your best self to work each day. We also host an annual Day of Service to support our local Miami community, and provide a variety of volunteer opportunities throughout the year that support our mission to serve parents and children.
• Exclusive employee product discounts.

Frida provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected Veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

By applying for this position, you acknowledge and understand that your information will be used as described in Frida's Job Applicant Privacy Policy: https://frida.com/pages/fridababy-job-applicant-privacy-policy