Raymond Wong:
Raymond Wong
United States
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Work experience
Hop Lun Group
Head of Sourcing (GM of Shenzhen Sourcing Office) | 08/2017 - 04/2020
Company nature: Sourcing & Production Office
Company size: 70 staff in Shenzhen
Products: Woven, cut-and-sewn knit, sweater, denim , lingerie, underwear, swimwear, shoes & accessories
Market: China, Hong Kong, Korea, Macau, Singapore, Malaysia, Taiwan, other Asia countries
Brands: 6ixty 8ight
Reported to: CEO
Job duties:
1. General management (Merchandising, Production, R&D, QA, Technical, HRA) of brand production and sourcing office in Shenzhen
2. Management of P/L of the sourcing office
3. Execution of Fast Fashion business model
4. Supplier base management and capacity planning
5. Drive the production processes forward
6. Identify business opportunity and execute
7. Quality Assurance (including each sales countries regulation)
8. Ensure best possible lead time for each product category
9. Sourcing of new supplier and manage relationship of existing ones
10. Sourcing of materials in best price
11. Setting the production timeline and communicate to Hong Kong head office
12. Develop team members and develop great place to work
13. Identify and mitigate risks and propose solutions
Current Salary: RMB165,900 before tax (~RMB110,000 after tax) x 12 month + bonus
Achievements:
1. Establishment of new Shenzhen office - starting from zero
2. Apply Fast Fashion business model into 6ixty8ight
3. Average FOB decreased by 15% by re-established new supply and material base
4. Sample lead time reduced to 12 to 14 days for casualwear and 18 to 20 days for underwear
5. Total production lead time reduced to 45 to 70 days (regular orders) and 15 to 18 days (repeated orders)
6. On time delivery increased to more than 98%
7. People development and motivation - staff turnover rate below 2% in 2018
8. Established comprehensive and commercial organizational standard requirements
9. Explored off-shore sourcing (Bangladesh and Myanmar)
Hong Kong Productivity Council
Contractual Speaker (part time) | 07/2016 - 07/2016
Professor of training course of "Decoding of the Garment Washing Processing Equation"
Azona (HK) Limited
Merchandising Director | 07/2015 - 08/2015
Company nature: Buying Office
Company size: 40 staff in Hong Kong, 240 Staff in Zhuhai
Products: Woven tops, bottoms, denim , outerwear, shoes & accessories
Market: China Mainland
Brands: Azona & A02
Reported to: CEO
Supervising: Supply Chain
Job duties:
14. Lead merchandising /materials/fabric/R&D/QA/technical/in-house sample room teams of 48 staff in Zhuhai office
15. Vendor sourcing and management
16. Evaluate suppliers' performance based on desired KPI targets and educate
17. Set up buying, sourcing, pricing strategies with other cross functional teams
18. Educate/ train up suppliers and work out corrective action plans with new and existing suppliers in order to achieve company goals
19. Price negotiation
20. Monitoring all merchandising and production activities
21. Developing tailor made fast fashion model in order to cope with rapid changing fashion market (14 days replenishment & 30 days ad hoc design program)
Last Salary: HK$83,952 x 13 months + bonus
Reasons of leaving:
1. Re-location from Zhuhai to Shenzhen where is closed to HK
2. Taking Doctor degree in Hong Kong PolyU
Achievements:
1. Apply Smart Fashion (Fast Fashion) business model to the company
2. Developed material commitment strategies and processes
3. Repeated orders - 14 days
4. Merging merchandising, sourcing, quality and sample room in one team
5. Re-establishment of supplier base
6. Develop material library
C&A Sourcing Limited
Sourcing Product Manager (Woven) | 11/2013 - 03/2015
Products: Woven bottoms (80%), Shirt & Blouse (10%), Outerwear & Formalwear (10%)
Market: Europe (90%), Brazil, Mexico & China (10%)
Brands: Yessica, Clockhouse, Your 6th Sense, Rodeo, Westbury
Reported to: Unit Leader of Global Sourcing in Europe
Supervising: Woven Division
Job Duties: -
1. To manage and review the activities in each supply market to ensure the right mix of suppliers and an optimum number of sourcing options
2. To enhance and assure the competency of suppliers in order to maximize the in-house market share and increase and improve operating margins
3. To maintain regular contact with respective business unit in order to share and to input into strategies/plans
4. To explore possibilities of introducing new and innovative business practices
5. To manage the cost development and profitability control of own business unit in line with company policy
6. To maintain regular contacts with Regional Quality Management and Fabric Department to ensure produced merchandise meets the company quality standards
7. To have regular contact with Product Manager and Sourcing Product Management colleague within region and across region, to ensure optimal sourcing options for the Company
8. To monitor the whole business conversion line being smooth from product development to order shipment, from sourcing to production merchandising as well as with the other functional teams
Last Salary: HK$70,410 x 12 months + bonus
Reasons of leaving: HK office re-structure and moved the whole division to Shanghai office
Achievement:
1. Develop Cambodia merchandising and production team in Cambodia office
2. Increased the business of HK office by 12%
3. Applying H&M business model to the company
4. Material out-sourcing beyond China (Bangladesh, India, Pakistan)
H&M Hennes & Mauritz (Far East) Limited
Product Manager | 03/2011 - 11/2013
Company nature: Buying office
Company size: 200 staff in Hong Kong
Products: Denim bottoms (60%), Non-denim bottoms (5%), Jersey (20%), Knitwear (3%), Underwear (2%). Swimwear (2%), Accessories (8%)
Market: Global
Brand: Cheap Monday
Reported to: Global Product Manager
Supervising: Cheap Monday Division (R&D, Merchandising, Technical & Shipping)
Job Duties: -
1. Head of Cheap Monday R&D, Merchandising, Technical and Shipping
2. Strategic planning and goal setting of sourcing, buying and production
3. Maintain effective and efficient supplier base
4. Setting budget and cost control
5. Coordinate with buying organization in order to make sure correct product with correct price to be delivered to the market
Last Salary: HK$61,510 x 13 months + bonus
Reasons of leaving:
1. Better opportunities and offers by C&A
2. Company re-structured - moved portions of business from HK office to Guangzhou and Shanghai office
3. Refused to be re-located to Shanghai
Achievements:
1. Developed wholesaling business processes (Cheap Monday) under retailing organization
2. Established sourcing, merchandising and production teams in Bangladesh
3. Re-established supplier base beyond south China
4. Developed new operational system for Cheap Monday specifically (e.g. KPIs, logistics, fitting, capacity planning, cost negotiation, compliance and sustainability)
Li & Fung (Trading) Limited
Divisional Merchandising Manager | 08/2009 - 02/2011
Company nature: Trading
Company size: over 3,000 staff globally
Products: Denim (95%), Non-denim (5%)
Market: USA
Brand: American Eagle Outfitter
Reported to: General Manager
Supervising: Denim Division
Job Duties:
1. Monitoring product R&D
2. Monitoring merchandising team
3. Price negotiation and cost control
4. Close communication with buyers and suppliers
Last Salary: HK$49,000 x 13 months + bonus
Reasons of leaving: Better opportunities and offers by H&M
Achievements:
1. Moving denim sourcing base to Bangladesh, Philippines, Indonesia
2. Established in-house washing lab
3. Established in-house denim showroom
Tailor Denim Studio Company Limited
Executive Director | 03/2005 - 06/2009
Company nature: Trading and Manufacturing
Company size: 18 staff in Hong Kong
Products: Denim (70%), Non-denim (30%)
Market: Europe (65%), USA (30%), Hong Kong/China (5%)
Brands: Evisu, Paul Smith, DVB, Next, All Saints, Agnes B, Hugo Boss, Guess, Christopher Blue, 5CM
Reported to: Board of Directors
Supervising: Hong Kong office
Job Duties: -
1. General administration and management of Hong Kong office operations
2. In-charge of product development
3. Monitoring merchandising team
4. Sustainable business control and maintain good communication with clients and factory
5. Cost and budget control
Last Salary: HK$48,600 x 13 months + bonus
Reasons of leaving:
1. Due to economic tsunami in 2008, the company has lost over HK7M due to 2 US customers being Chapter 11.
2. Eventually, decided to quit from the partnership business
Achievements:
1. Established HK office (starting from zero) by myself
2. Developed all business functions in HK office
3. Salesmanship - by using own development and knock-the-door to US and EU premium brand directly
4. Generated sales business from zero to HK100M monthly
Education history
Hong Kong Polytechnic University
Doctor of Business Administration | 2017 - 2020
Hong Kong Polytechnic University
Master of Business Administration | 2008 - 2010
Hong Kong Polytechnic University
BA (Hons) | 1991 - 1994
Six Sigma Institute
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