Market Sourcing Specialist
4 days ago
The TJX Companies, Inc., a leading off-price retailer of apparel and home fashions, is ranked 75 in the Fortune 500 companies listings. With over 4,700 stores in nine countries and four e-commerce sites, we deliver great value to our customers through brand, fashion, price, and quality.
Job DescriptionWe are seeking a skilled Market Representative to conduct market research and make recommendations on sourcing opportunities for assigned product brands or market sectors. This role involves handling goods in all product categories, coordinating buyer trips to factories or manufacturers, and monitoring orders from placement with vendors to final quality inspection and shipping.
Responsibilities- Conduct ongoing research on products in assigned sectors, collecting information from existing suppliers on product availability, opportunities, prices, orders, and market trends.
- Evaluate new opportunities in the market, competition for these products, and the development of new product resources.
- Communicate with buyers on various opportunities found, allowing for evaluation and possible purchase. Coordinate manufacturers to visit for buyer trips, organizing appointments to maximize the buyer's time and results.
- Place all orders with suppliers, following up to provide instructions on manufacture, preparation, and shipment of merchandise. Alert management and buyers of potential problems with orders impacting shipping timetables.
- Obtain reference samples of merchandise to approve or send to the buyer or product development team.
- Carry out quality control, ensuring products meet customer requirements for quality, packaging, and shipping methods. Prepare a report at the end of the inspection to inform the manufacturer and customer of product problems and suggest solutions.
- Ensure potential new vendors and factories meet TJX's standards and requirements for Social Compliance and Cargo Security Programs.
This role will handle assigned product areas and brands, working in a team environment with TJX-based merchants, product teams, and logistics management. The successful candidate will ensure orders are placed correctly and production meets established timetables.
Requirements- University graduate with minimum 3 years' solid experience in sourcing and production or a related field, with at least 1-2 years' experience in buying offices, agents, or well-known importers catering to markets.
- Proven relevant experience as a specialist in assigned categories or generalist in other categories in the US, Canada, or UK retail market.
- Fluent English and Mandarin Chinese, with other languages or Chinese dialects a plus.
- Understanding of buying office, manufacturing principles, materials, production processes, customs, and international logistics and trade, with a hands-on approach.
- Excellent interpersonal skills with a proven record of building relationships.
- Exceptional organization, problem-solving, negotiation, and time management skills.
- Independent with a passion for products and knowledgeable about latest market trends.
- Strong business acumen and entrepreneurial spirit.
- Willing and able to frequently travel to explore new opportunities.
- A competitive salary range above industry average ($65,000 - $90,000 per year).
- Flexible Working Hours - 2 Days Work-From-Home Flexibility.
- Clear Career Progression to Sourcing or become a Buyer.
- Spacious Working Environment.
- Year-round Social Events.
- Dental & Medical Insurance including spouse and children.
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