Peter N

Senior Product Sourcing Manager

Global Trade Magazine • Freelance

Apr 2022 - Present • 4 yrs 4 mos

Lead sourcing strategy for a portfolio of 120+ SKUs across consumer electronics and smart home categories, managing relationships with 35 active suppliers across China, Vietnam, and India. Negotiated annual supply contracts resulting in an average 18% cost reduction and improved payment terms (net-60 vs. net-30) across top 10 vendors. Conducted on-site factory audits and quality control assessments at 40+ facilities, ensuring compliance with ISO 9001 and client-specific social responsibility standards. Built and maintained a supplier scorecard system tracking on-time delivery, defect rate, and responsiveness, improving overall supplier OTD from 81% to 95%. Collaborated with product design and engineering teams to source cost-effective alternative materials, saving $480K annually across the product line. Managed end-to-end sourcing for new product launches, from RFQ issuance through first production run, consistently hitting launch deadlines.

Product Sourcing Specialist

Meritage Homes • Freelance

Feb 2018 - Dec 2022 • 4 yrs 10 mos

Sourced and onboarded 60+ new suppliers for home goods and apparel categories, expanding the approved vendor list by 40%. Managed RFQ/RFP processes for new product development, evaluating bids on cost, lead time, MOQ, and capability. Coordinated sample approval cycles with QA teams, reducing average sample-to-approval time from 5 weeks to 3 weeks. Worked closely with freight forwarders and customs brokers to optimize shipping routes, cutting average landed cost by 9%. Tracked and resolved supplier non-conformance issues, implementing corrective action plans that reduced defect rates by 30%.