SVP Supply Chain

WHY MOMENTEC?

OUR MISSION –  To be the #1 service organization in the athletic industry.

OUR PURPOSE – We exist to energize and galvanize teams and communities.

OUR VISION – To be our customers most trusted partner for fast, high quality, thoughtful solutions.

OUR VALUES – Humility, Team, Hunger, Ownership & Agility.

JOB SUMMARY

The Senior Vice President of Supply Chain at Momentec holds a pivotal role, strategically and tactically guiding both sourcing and Sales, Inventory, and Operations Planning (SIOP) functions. This executive is tasked with significantly reducing the cost of goods sold by continually refining sourcing strategies and enhancing negotiation processes. Concurrently, the focus on SIOP is dedicated to maintaining efficient inventory levels, achieving a high fill rate, and leveraging advanced supply chain technologies to optimize operations.

Leading a dynamic team of Planners and Buyers, the Senior Vice President collaborates closely with commercial and product teams to drive revenue growth and foster innovation in new product development. Additionally, this role is crucial in steering Momentec’s SIOP process, a core governance activity that ensures a seamless alignment between demand forecasting and supply management, thereby enhancing organizational efficacy and market responsiveness.

KEY OBJECTIVES

Sourcing

• Leads a team of Buyers in building and managing a world-class portfolio of apparel and fabric suppliers, ensuring the delivery of high-quality goods at competitive prices.
• Establishes and nurtures strong relationships with vendors to secure advantageous terms.
• Proactively communicates potential issues impacting finished goods inventory to key stakeholders within Momentec Brands’ Executive, Sales, and Customer Service teams.
• Collaborates with Buyers to devise recovery strategies for delivery disruptions, ensuring continuity in inventory availability.
• Identifies and implements cost-saving measures and manages cost reduction initiatives across sourcing operations.
• Works in close partnership with Product Development to identify and onboard alternative suppliers, enhancing supply chain resilience.
• Monitors and reports on key performance indicators (KPIs) for the Purchasing department on a weekly basis.
• Drives continuous improvement in the sourcing function through the adoption of innovative tools and processes.
• Develops and executes procurement strategies that align with the evolving business needs.

Demand and Supply Planning

• Collaborates with the Demand Planning team to establish a statistically based forecast utilizing advanced analytical tools.
• Conducts Demand Review meetings to refine forecasts based on the latest market insights and customer feedback gathered by the Sales team.
• Supports Sales in engaging with major customers to align forecasts and expectations.
• Analyzes forecast accuracy trends and implements Forecast Value-Added analysis to minimize forecast errors and biases.
• Partners with Sales, Marketing, and Product Development to develop accurate demand forecasts for new product launches, ensuring optimal timing and ramp-up strategies.
• Leads cross-functional initiatives to manage product transitions effectively as styles are phased out.
• Champions process enhancements to streamline forecasting and procurement operations, emphasizing automation and simplification.
• Manages and optimizes safety stock levels to meet Momentec Brands’ targets for product availability across all categories.
• Coordinates with Sales & Marketing to adjust demand in response to supply challenges, ensuring strategic alignment.

Supply Chain

• Serves as a key organizational leader, coaching and mentoring team members while influencing cross-departmental collaboration to enhance overall supply chain efficiency.
• Fosters a culture of continuous improvement, emphasizing root cause analysis, process automation, and management by exception within Momentec Brands.
• Spearheads initiatives to cultivate an analytics and data-driven culture across the organization.
• Ensures professional growth and development of the supply chain team through clear objectives, development plans, performance reviews, and succession planning.

ESSENTIAL REQUIREMENTS

• Bachelor’s degree in business or related field or equivalent combination of education and experience.
• 15+ years purchasing and/or supply chain experience in a mixed manufactured/sourced supply chain.
• 15+ years experience in end-to-end supply chain execution in the areas of demand and supply planning.
• Experience with principles and practices of purchasing including ethics, standards, bid preparation, negotiation, and evaluation.
• Prior experience in sourcing new suppliers with proven ability to maintain positive and effective relationships.
• Ability to work independently, lead a team, or be a team player.
• Continuous Improvement, Lean, and Systems enhancement experience.
• Strong verbal and written communication skills.
• Experience using MRP software in support of supply chain execution (e.g. purchasing, MRP, safety stock management, etc.).
• Experience using advanced forecasting techniques (e.g. AR/MA, causal regression, neural nets, machine learning).
• Advanced data analysis and Excel skills (e.g. Power Query, Power Pivot, Power Bl)

LOCATION

This is a hybrid role with a blend of remote, in office and travel days.  Office work can be based out of either Statesville, NC or Grovetown, GA.

COMPENSATION & BENEFITS

• Competitive compensation
• Medical, Dental, Vision, Short- and Long-Term Disability, Life Insurance
• FSA
• Paid Vacation, Paid Holidays, Floating Holiday, and Paid Sick Time
• 401(k) Plan, with annual Company Contribution
• Discounts on Momentec Brands products (formerly ASB and FSG brands)
• Clean work environment with a casual dress code…no uniforms!