Job Purpose

Fossil is committed to strong strategic relationships with it’s manufacturing partners, that result in sector-leading performance in areas such as; innovation, product development, cost-competitive product, lead-times and quality. Our newly created Strategic Sourcing function will refine and drive a comprehensive sourcing strategy and performance improvement program for our Watch and Jewellery categories. A key element will be sustainable sourcing in support of our environmental commitment.

This role is important and practical, it aims to secure optimal value from Fossil’s spend. It requires an analytical, results-oriented mind-set to support a program where global impact depends on effective collaboration across functions internally and with Fossil’s most strategic partners.

What's the job about?

• Maintain and refine product and component cost benchmarks for new and variant products, based on Fossil sourcing experience, market trends and via analysis of competitor products
• Develop standard queries and ‘as-required’ analytics to help inform ‘target costs’ as part cost negotiation within the new product development process and also to support reviews of active product for opportunities to converge with targets
• As an expert ‘super-user’ support the implementation of advanced bid, database and analytical tools with a combined business and IT team
• Conduct ‘as-needed’ analysis to complement standard performance scorecards in support an annual, collaborative performance review with our partners
• Develop business-case analytics for cost engineering initiatives with Fossil globally and our manufacturing partners focused on complexity reduction, spend consolidation and efficiency
• Evaluate the impact of trade and custom compliance, tariffs, freight and related subjects, recommend and drive Fossil’s reaction to the change
• Collaborate with senior members from the planning, design, manufacturing and product development functions (internally and as needed with partners) to deep-dive on specific initiatives within our continuous cost improvement program
• Model a rebate program linked to the volumes of individual SKUs, volumes of platform and components and total volumes by partner
• Help determine how environmental footprint costs like cost of carbon and investments in reducing carbon are integrated into our sourcing programs and decisions

What we are looking for:

• Bachelor Degree in Business, Financial, Engineering or Sustainability topics, complemented with relevant accreditations
• Minimum of 8 years of strategic sourcing / merchandising / procurement management, Watch and/or Jewellery sector experience is definitely an advantage
• Experience of leading modelling and analytics to enable sourcing decisions 
• Solid knowledge in factory operations, including product development engineering, production line set up and control, outbound logistic and factory audits
• Demonstrated your exposure to using modern strategic sourcing tools and building analytical models and queries preferably on ARIBA or similar platforms
• With experience of delivering most or all of the above tasks in a global organisation
• Fluent in written and spoken English and Chinese

Together, we make great things happen. Apply now and be part of our tomorrow.

Interested parties please send us your full resume with contact details, preferably with your current and expected salary.

Fossil Group is an Equal Opportunity employer. All qualified applicants will receive consideration of employment without regard to race, disability, gender, religion, family status, marital status, national origin, sexual orientation, veteran status, gender identity or expression or any other basis protected by local, state, or national law. Only short-listed candidates will be notified. All information received will be kept in strict confidence and only for employment-related purpose.

Fossil Group, Inc. is a global design, marketing and distribution company that specializes in consumer lifestyle and fashion accessories.  The Company's principal offerings include an extensive line of men's and women's fashion watches and jewelry sold under a diverse portfolio of proprietary and licensed brands, handbags, small leather goods, accessories and clothing.  The Company's products are sold to department stores, specialty retail stores and specialty watch and jewelry stores in the U.S. and in approximately 150 countries worldwide through approximately 25 Company-owned foreign sales subsidiaries and a network of over 60 independent distributors.  The Company also distributes its products in over 550 Company-owned and operated retail stores, through its international e-commerce websites and through the Company's U.S. e-commerce website at www.fossil.com. Certain press release and SEC filing information concerning the Company is also available at www.fossilgroup.com.