VP Product Development – PINK Full Time

At Victoria’s Secret & Co, you’ll join a world-leading specialty retail brand recognized globally for innovation and excellence in lingerie and fashion. You’ll work alongside industry leaders to set the standard for what a retail brand can achieve, placing customers at the center of everything we do to create products and experiences that bring them joy.

We believe everyone deserves a place where they truly belong. We celebrate individuality and know that your passion, experience, and unique perspective strengthen our team and business. Here, you’ll be empowered to perform, grow, and engage through unmatched opportunities to develop your skills, gain real-world experience, and learn from the best in the business.

Description

Your Role

Reporting to the SVP of Product Operations, the VP will spearhead the PINK Product Creation Lifecycle in partnership with Global Manufacturing teams, and the PINK Brand Leaders. The successful incumbent will be taking charge of the PINK Production team in the areas of Product Development, Production and Planning. It is critically important to build a strong partnership internally with other functional leaders in Brand Management, Merchandise Planning, Manufacturing, Logistics, Finance & Control and Integrated Business Planning; as well as externally with Factory Owners / Leaders and Material Suppliers.

Your Leadership

At VS&Co, our leaders embody our values and help inspire their teams to do the same. What this looks like in actions is putting the customer first at every turn. It’s having a passion for the company’s mission and purpose and motivating your team to constantly work towards a shared vision. To our core, we always uphold a commitment to inclusion in everything we do and foster a culture of belonging. We know our actions reflect who we are, and we believe collaboration is critical to success, which is why our leaders are expected to reinforce all of this in how they show up daily.

Your Impact

Key roles and responsibilities would include but not limited to:

Sourcing Strategy

• Work with Global Supply Chain leadership team to Devise / develop / implement Global Sourcing Strategy to meet PINK Business and Operational Objectives through superior process and system development & innovation:
• In partnership with the CSCO, developing a sound development and geographical diversification plan to optimize capacity, duties and diversity of origin, as well as working towards supply chain risk mitigation.
• Capacity planning to align with business forecasts and plans for all apparel brands.
• Working on the optimal team structure and resources planning.
• Developing and maintaining effective relationships with external partners (finished products/materials), ensuring products meet delivery and quality expectations.
• Identifying situations, opportunities, issues and market conditions to realize cost reduction, operation & process efficiency, lead-time optimization and supplier development etc.
• Leading all sourcing activities include the development as well as management of vendor relationships, implement sourcing and supply management processes, techniques, and systems, bringing the organization to the next level of “best practice” operation.

Development and Costing

• Championing the supplier matrix, integrating the buying and product development plans with sourcing and supply chain processes to reduce costs and cycle times while improving supply chain quality. Leaning out the organization / processes and leverage spend.
• Engaging with Brand Management & Buying Organizations, Design & Development teams to strengthen the end-to-end development cycle. Partnering up with Brand teams to develop and commercialize portfolios.
• Partnering up with external vendors to identify new development techniques, alternate materials and/or product construction to keep abreast of the global competition.

Production & Operations

• Reviewing the end-to-end supply chain to identify issues and opportunities to better focus on the evolving customers’ needs around speed & efficiency including factory capacity planning & scheduling (with 35 core relationship with manufacturing vendors), factory WIP oversight, all elements of inbound and outbound supply chain operations.
• Partnering across regions to optimize Asia sourcing operations while collaboratively monitoring performance and execution of global sourcing activities across key supply markets, including but not limited to Vietnam, India, Indonesia, Sri Lanka, and Mexico.

People and Change Management

• Identifying and implementing the best-in-class supply chain processes, technologies and infrastructures along with disciplines that support supply chain efficiency. Governing end-to-end visibility from conceptualization all the way through delivery.
• Establishing, managing and developing a high-performance supply chain team that ensures people, systems and processes can deliver proactive, reliable, cost-effective services to the business, in addition to ensure high performance and customer centricity through:
• Providing on-going coaching and performance tracking processes.
• Providing critical day-to-day leadership & communication for problem solving – must have a sense of urgency / ownership around issues and opportunities Providing a proactive and well-organized approach to all responsible operational activities and instills this behavior in all direct reports.
• Providing the opportunities and tools direct reports need to grow and gain the skills and knowledge needed to realize their potential talent.
• Delegating authority and encouraging staff to take calculated risks.
• Challenging existing processes, systems, and beliefs around supply chain (without adversely affecting performance) and driving changes to the existing supply chain to reduce costs in the movement of goods and improve efficiency.
• Ensuring effective change management to reach functional and organizational goals by:
• Developing and communicating a strategic direction for the division/functional area.
• Proactively developing intra-company relationships, partnerships and initiatives.
• Demonstrating creativity by breaking norms, trying new models and generating ideas.
• Replicating successful endeavors and institutionalizing successful practices.
• Ensuring a collaborative environment that fosters/values partnerships, diversity & trust by:
• Demonstrating and modeling a passion for meeting customer needs and exceeding customer expectations.
• Promoting the sharing of talent resources across functions and business units to create or improve business results.
• Actively seeking the ideas of others and valuing differing perspectives.
• Building trust by communicating honestly, directly, and candidly.

Click here for benefit details related to this position.

Minimum Salary: $230,000.00

Maximum Salary: $326,025.00

VS&Co provides a range of compensation for this role as shown. Your actual salary will be determined by a number of factors, including: your specific skills and experience, geographic region, or other relevant factors.

Qualifications

Your Experience

The Ideal Candidate Is a Solid Supply Chain Leader With a Strong Track Record Establishing a World-class Global Sourcing Organization. They Will Be Well-versed With Retail Or Branded Sourcing, Experience In Buying/sourcing Offices, Trading Companies And/or Manufacturing Operations. Successful Track Record Of Leading In a Fast-paced Environment With High SKU Count, Significant Turnover, Short Product Lifecycle, Broad Item Categories, Complex Product Construction And Wide Price Points. Other Critical Attributes/qualities Would Include

• Minimum of 10+ years of senior level experience in sourcing operations, production management and/or supply chain management.
• Extensive global experience managing and developing diverse, high volume international supply chains of considerable scale and complexity.
• Demonstrates experience in merchandising across a diverse product portfolio, with a strong preference for sourcing or production expertise in complex product categories. Brings deep knowledge of apparel and accessories, with additional experience in intimate apparel, outerwear, and performance wear. Possesses strong cross-functional expertise spanning product development, costing, quality, sales & operations planning, and outbound logistics, with a solid understanding of timelines, capacity planning, and end-to-end value chain processes from concept through delivery.
• An internationally minded leader with superior interpersonal and people skills, who can build, grow, and lead a culturally diverse team to achieve goals. With requisite knowledge, effective in dealing with vendors and customers (both internal and external) with the judgment / negotiation skills required to optimize the sourcing spend of the company.
• Demonstrates strategic vision and long-term thinking to enhance the global sourcing program, effectively translating high-level sourcing strategy into actionable execution plans.
• Sophisticated influencing and stakeholder engagement capability, alongside strong negotiations and intercultural communication skills.
• Exhibit the proven ability to understand the fine points of overseas trade and the cultural nuances, plus demonstrated knowledge around import and export regulations, trade compliance, inspection process, quality control and customs-related activities.
• Strong financial analysis skills especially in the areas of financial controls and forecasting.
• Strong capability to lead transformational changes in sourcing and supply chain flow, and the tenacity and people sensitivity to steer the successful best practice implementation in ways that are culturally viable for the company.
• Ability to demonstrate experience creating and executing a strategic supply chain plan that aligns and ties into the company’s business objectives.
• Excellent verbal and written communication skills and presentation capability.
• Strong leadership and people management capability.
• Ability to set strategy and prioritize tasks.
• Strong partnering, problem solving and analytical skills.

We will consider for employment all qualified applicants, including those with arrest records, conviction records, or other criminal histories, in a manner consistent with the requirements of any applicable state and local laws. Please see links: California Fair Chance Act, Los Angeles Fair Chance Initiative for Hiring Ordinance, Philadelphia Fair Chance Law, San Francisco Fair Chance Ordinance, Los Angeles County Fair Chance Ordinance

An equal opportunity employer, we do not discriminate in hiring or terms and conditions of employment because of an individual’s race, color, religion, gender, gender identity, national origin, citizenship, age, disability, sexual orientation, marital status or any other protected category recognized by state, federal or local laws. We only hire individuals authorized for employment in the United States.