lululemon Sourcing Category Lead - Accessories (Equipment)

Description & Requirements

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. 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.

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.

core responsibilities

• Deliver Category level sourcing strategy based on LRP.
• Translate long range strategies to drive seasonal costing priorities.
• Ensure cost and margin for assigned category meets target.
• Analyze and monitor margins.
• Influence cross functional partners with action plans to mitigate IMU/Capacity risk and proposals to reduce cost.
• Elevate opportunities and risks and influence strategy and support decision making.
• Ensure cost and margin for assigned category meets target.
• Analyze and monitor margins.
• Influence cross functional partners with action plans to mitigate IMU/Capacity risk and proposals to reduce cost.
• Elevate opportunities and risks and influence strategy and support decision making.
• Build strong relationships with vendors and cross functional teams to help foster partnership and trust
• Track all GTM Calendar by when's and ensure that all sourcing seasonal calendar timelines are met
• Manage verification and processing of debit/credit notes with vendors

qualifications

• University or College, specialization in Business Administration or Manufacturing Operations
• Minimum 2-5 years experience working closely with off-shore manufacturers including visited off-shore factories
• Minimum 2-5 years experience in Accessories product categories
• Multi-task master and can handle multiple projects working with a variety of cross functional partners
• Confidence and always open to challenges and demonstrated cost negotiation experience with off-shore manufacturers
• Excel is your best friend, Power BI is a plus

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 notes
Immigration support is potentially available for this role.

compensation and benefits package

lululemon's compensation offerings are grounded in a pay-for-performance philosophy that recognizes exceptional individual and team performance. The typical hiring range for this position is from $81,500-107,000 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
• 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.


workplace arrangement

Hybrid

In-person collaboration and connection is important to our culture. Work is performed onsite, minimum 4 days per week.

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