PB Careers: Fred’s Private Brands Sourcing Manager

    PB Careers: Fred’s Private Brands Sourcing Manager

    Fred’s Inc. 
    Location 4300 New Getwell Road, Memphis, TN 38118, US

    Job description
    Position Purpose:
    Fred’s Inc. is a leading discount general merchandise store and pharmacy in the Southeastern U.S. with approximately $2 billion in revenue and 600 stores.

    The Sourcing Manager reports directly to the CEO and VP of Private Brands. The Manager will work closely with the merchandising team on critical sourcing initiatives and negotiation with key buyers and suppliers. The Manager will provide analytical support for business decisions throughout the organization, play a key role in Private Brand strategy, and help in executing/implementing private brand acceleration across the company. This position requires a hardworking, organized and highly analytical team member who is comfortable interacting with senior level executives. The Manager needs to be able to thrive in a highly iterative environment where responsibilities will change frequently based on opportunities to create value.

    Duties and Responsibilities:

    • Work directly with the VP of Private Brands, and other executives in developing new sourcing relationships across different departments
    • Provide advanced analysis in assessing and evaluating current and new business opportunities
    • Perform analysis and modeling for key strategic decisions including sourcing and new private label initiatives
    • Project manage complex, cross-functional projects and see them through to completion, in areas including supplier and item expansion and strategic purchasing decisions
    • Evaluate multiple sourcing options, support private brands initiatives, and implement strategic and operational plans
    • Create analytical reports to support private brands decision making and determine priorities of department development or exit plans
    • Network, use all resources, and expand relationships with potential suppliers

    Knowledge and Skills:

    • Critical thinker possessing superior analytical abilities with the ability to make logical decisions based on limited information
    • Microsoft Office: Strong financial modeling and presentation building skills
    • Ability to manage multiple projects, while maintaining sufficiently high attention to detail
    • Self-starter attitude and ability to work with ambiguity
    • Flexibility and proven ability to diagnose and resolve issues
    • Strong history of leadership with intellectual curiosity, ability to think outside the box and challenge the norms and “status quo”
    • Hard working, smart, creative, analytical, highly driven, exceptionally organized
    • Strong communication skills, ability to solve problems, assertive, focused on execution and results driven

    Education:

    • Exceptional educational background required
    • Minimum of 4-6 years of retail merchandising or buying experience

    APPLY TODAY!

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    Christopher Durham
    Christopher Durham is the president of My Private Brand and the co-founder of The Vertex Awards. He is a strategist, author, consultant and retailer who built brands at Delhaize-owned Food Lion, and lead strategy and brand development for Lowe’s Home Improvement. He has consulted with retailers around the world on their private brand portfolios including: Family Dollar, Petco, Staples, Office Depot, Best Buy, Metro (Canada), TLW (Taiwan) and Hola (Taiwan). Durham has published five definitive books on private brands, including his first book, Fifty2: The My Private Brand Project. In 2017, he will debut his newest book, Vanguard: Vintage Originals, a visual tour of innovation and disruption in private brand going back to the mid-1800’s. Dynamic in his presentation while down to earth and frank in his opinions, he has presented at numerous conferences, including FUSE, The Dieline Conference, Packaging that Sells, Omnishopper and PLMA’a annual trade show in Chicago. Durham lives in Charlotte, NC with his wife, Laraine, and two daughters, Olivia and Sarah.