Heretic is hiring a

Web3 Head of Sourcing (Stealth Consumer Products Portfolio Co)

Heretic Ventures is seeking an experienced Director of Sourcing to join an early stage consumer products business that Heretic Ventures is launching.

The Director of Sourcing will be responsible for sourcing, supply chain, quality and compliance and will shape general operations strategy that takes the company from 0-to-1.

The ideal candidate is a results-driven and strategic thinker who has deep experience and proven track record in sourcing the production of consumer products at large, established companies.  Despite having worked at larger companies, they ideally have an entrepreneurial mindset – willing to do whatever it takes to build a successful startup – and ideally have also had small-company or entrepreneurial experience. 

This is a unique opportunity to help build a billion-dollar company from the ground up while learning from successful repeat entrepreneurs and a stable group of powerful and experienced mentors and advisors.  The position reports to the CEO of the company.

This is a hybrid role with the preference for 3 days per week in-person in our sunny Presidio, SF office.  The position will require extensive international travel. The position is compensated with salary, benefits, and equity.

Heretic Ventures is a San Francisco-based venture studio ideating and launching new businesses in the creator economy. Heretic is run by Managing Partner Mariam Naficy, who founded and built the pioneering internet companies Minted and Eve.com. Heretic is backed by household names in Silicon Valley (investors and entrepreneurs), who act as the studio’s advisors both in selecting and in advising companies.

Responsibilities

• Assume overall leadership of the end-to-end sourcing & procurement function, overseeing strategic direction, including identifying potential suppliers, managing supplier relationships, negotiating contracts, and ensuring timely and cost-effective procurement of goods to support the company’s growth targets.
• Lead the day-to-day process of ensuring successful partnerships with suppliers (milestone adherence, change order management, quality assurance, cost control, etc.) and build supplier performance assessments to support future sourcing decisions.
• Develop and negotiate supplier agreements as needed to establish best-in-class assortment, pricing, flexibility, quality, delivery, payment, warranty, and service terms.
• Collaborate with the executive team to align operational goals and track metrics to overall business objectives.
• Develop comprehensive onboarding strategy, including thorough assessments of supplier capabilities and readiness, identifying any gaps or areas for improvement, and implementing appropriate solutions.
• Foster strong relationships with external partners and vendors and have influence on joint objectives.
• Lead all sourcing-related compliance matters in collaboration with operational and legal teams to ensure adherence to domestic & international regulatory requirements.
• Architect and manage supply chain strategy to optimize fulfillment, packaging, and inventory management.
• Collaborate closely with internal product management, design, engineering, and other stakeholders to ensure alignment and seamless execution of projects.

Qualifications

• Bachelor's or Master's degree in Business, Supply Chain, or related field. 
• Proven track record in strategic sourcing of consumer products for major retail companies
• Strong analytical, negotiation, contracting, communication (verbal & written), influence and leadership skills.
• Proven ability to develop and implement sourcing and negotiation strategies.
• Strong business acumen and ability to apply business strategy to sourcing, supply chain, quality, and procurement(business processes, industry dynamics, short & long-term impacts, supplier capabilities and manufacturing practices, general market conditions, etc.)
• Proficiency working with spreadsheets, data analytics, along with the ability to communicate results both verbally and in writing.
• Excellent problem-solving and analytical abilities, with a keen attention to detail.
• Strong communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and stakeholders.
• Demonstrated ability to thrive in a fast-paced, entrepreneurial environment.

Nice to haves

• Experience working in and outside of the US.
• Experience sourcing a broad array of consumer products, for example home, gifts and accessories, overseas
• Experience in consulting/finance or other analytical/quantitative/strategic roles.
• Ability to travel domestically and internationally up to 50% of the time.