Date Posted: 7/31/2024 12:46:45 PM
Location: New York, NY
Job Type: Full Time
Salary (USD): $105,000 - $130,000
Job Description
Title: Strategic Sourcing Manager
Location: Brooklyn, NY / Long Island
Schedule: M-F Days – Hybrid work schedule with 2-3 days/week in office (after at least the first 90 days onsite).
Compensation: $103,000 - $130,000 base salary, depending on experience, plus Bonus
Benefits: Comprehensive corporate benefits includes Medical, Dental, Vision and Life Insurance, Short and Long-term Disability Insurance, Flexible Spending Plans, 401(k) after 60 days of service with 50% company match on first 8% after 1 year of service, Profit Sharing Plan after 1 year of service, PTO and Paid Holidays.
Travel: Domestic and international - to suppliers, company facilities, tradeshows, etc. - up to ~10%.
Position Description:
Reporting to the Director of Global Sourcing, the Strategic Sourcing Manager will be responsible for managing global supplier relationships, total overall spend (across ~2000 SKUs), and strategic procurement for the Electronic Components category, as well as their financial and operational performance. Covering the entire sourcing and procurement process, responsibilities include strategy development and execution, risk management, supplier identification and selection, negotiation, order management, invoice resolution, reporting, and budget forecasting. Also, works closely with the Engineering, Quality, and NPI teams to enhance our global product generation process to ensure we incorporate our strategic supplier partnerships in our new product innovation process. Will serve as an expert in the department to help provide guidance and direction to less experienced buyers.
• Develop and lead the implementation of global strategic sourcing and risk mitigation strategies for the electronics category.
• Align strategies to overall business strategy and new product growth initiatives
• Build and manage relationships with key internal stakeholders across sites to ensure successful execution and alignment of sourcing / risk strategies and ongoing supplier activities
• Build and maintain strong supplier partnerships
• Conduct regular business reviews with suppliers to maximize Total Procured Value and drive continuous operational and financial supply chain improvement
• Manage sourcing, requests for information, quotations, proposals, and bidding processes
• Negotiate pricing and commercial terms of supply agreements to deliver Total Procured Value objectives
• Work with Supplier Quality team to assess new and existing supplier capabilities, and drive performance improvement to ensure all raw material/component/product purchases meet quality requirements
• Achieve annual financial and operational objectives / goals
• Work with suppliers and internal teams to identify VA/VE opportunities and lead initiatives to drive cost-out, eliminate inefficiencies, and achieve supply surety
• Proactively communicate and collaborate with internal engineering, quality, supply chain, manufacturing, and product development teams on supply chain related statuses, priorities, and issue resolution
• Continuously evaluate supplier category markets to evaluate new suppliers, report on market conditions, understand trends related to cost drivers and global pricing, to ensure our strategic sourcing competitiveness
• Maintain clear, effective, timely, and regular communication at all levels within the company
• Define, develop, and implement regular and detailed reporting to management as required
• Rapidly synthesize and communicate potential supply issues to senior leaders and relevant stakeholders while proactively identifying and acting upon mitigation and/or resolution activities to eliminate or minimize any adverse impact to material flow
• In collaboration with Product Development and QA, align all specification and documentation with strategic suppliers
Requirements:
• Bachelor's Degree in Supply Chain, Business, Materials Management, Engineering or similar preferred
• 8+ years’ experience in operations and/or supply management with 4+ years sourcing / supply management experience
• Professional certification in supply chain, such as CPSM or equivalent desired
• Category Management and Supplier Relationship Management experience - sourcing various electrical/electronic components (active, passive, electro-mechanical)
• Experience with the 7-Step Strategic Sourcing Process
• Strong knowledge of global electronics supply chains, including OEM’s, contract manufacturers / EMS, distributors, etc.
• Demonstrated track record of managing a strategic sourcing capability, driving strategy and operational performance, and delivering total procurement value
• A passion for collaboration, a commitment to continuous improvement, and a strong customer focus with a bias to over-communicating
• Proficient in effectively leading cross-functional, multi-location projects globally
• Familiarity with Bills of Materials and manufacturing processes
• Strong oral, written, and presentation skills with the ability to influence using data, risk/benefit analysis, and your skills in fostering relationships and building trust
• Proficiency in Microsoft Office Suite Products (Excel, PowerPoint, Word, etc) required
• Experience with ERP, E Sourcing platforms, & RFQ tools
• Working knowledge of contractual terms, clauses, and conditions preferred
Company Description:
Our client designs, manufactures and distributes integrated circuits, modules, and sub-systems for high performance radio frequency (RF) and microwave applications. With design, sales, and manufacturing locations in over 30 countries, the company’s products are used in a range of wired and wireless communications applications. Our products are also used in detection, measurement and imaging applications, including military communication, guidance and electronic countermeasure systems, commercial, scientific, military land, sea and aircraft, automotive systems, medical systems, and industrial test equipment.
Our client sells our products to over 20,000 customers globally through our direct sales force, applications engineering staff, sales representatives, as well as through our extensive website.
Whythis opportunity?:
The company has a reputation for quality and a very loyal customer base. They are experiencing steady growth with an emphasis on New Product Introduction, continuous improvement and customer service. Over the past 2 years, they have been transforming their Supply Chain Organization to best service their clients and this growth. As a company, they have a strong entrepreneurial culture, with an emphasis on communication and collaboration, and they reward their employees for individual and team success.
They are looking for a highly skilled and experienced Sourcing professional who is a cross-functional team player, will take ownership, build/maintain strong relationships and help advance NPI. Beyond experience, if you have the character, integrity and entrepreneurial spirit to anticipate needs/problems and proactively drive solutions, and are looking for a rewarding long-term career, look no further!
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