ON STAFF: Tariffs Put Spotlight on Sourcing Jobs
Sometimes a job traditionally overlooked by many can be turned on its head due to the political, economic or social narrative of the day. In finance, the financial crisis meant that after years of traders running the show, it was the compliance officers’ turn to become the rock stars of the corporate world. Demand from investment banks soared as their practices came under the microscope of law enforcement and regulators and compliance officers’ pay was frequently cited as among the fastest growing across the board, with some reportedly being offered $1 million base salaries. Now, in retail — as well as in a plethora of other industries — it looks like it could be sourcing professionals’ turn in the spotlight thanks to the escalating trade war between the U.S. and China. While searching for manufacturers around the world has always been an integral part of retail and brand building, those jobs have not always been the most sought after or talked about as companies plowed millions of dollars into their digital strategies in the Amazon-era and started to promote those involved in that side of the business to the c-suite. In the last few months, that has begun to change as the U.S. underFollow WWD on Twitter or become a fan on Facebook.
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