Strategic Sourcing Specialist III Electronics

Your responsibilities will include:

• Gathering market intelligence and trends for the electronics category and sub-categories
• Identifying all suitable suppliers to develop comprehensive knowledge and supplier database
• Guiding respective internal leads through a holistic and systematic category approach to material and supplier selection and management; identify insourcing and outsourcing opportunities
• Managing strategic supplier relationships according to the category strategy and strategic differentiators for each supplier
• Analyzing data and developing cost modeling tools (i.e. should-cost, COGS, etc.) to manage category
• Collaborating with stakeholders to identify and mitigate issues and supplier-related risks
• Working with suppliers to promote continuous value improvement for quality, service, and cost
• Managing supplier performance and identifying Value Improvement Programs (VIP) to improve the total cost of ownership (TCO)
• Establishing an optimal balance between collaborative engagement and competitive pressure with supply base to ensure the maximum value is realized, including negotiations on supplier contracts and value improvements
• Supporting the annual budget process for assigned suppliers and resolving systematic issues
• Establishing early involvement to achieve development performance goals, support project timelines, and manage product cost

Required qualifications:

• Bachelor’s degree in supply chain, engineering, business or a related field
• Minimum 2 yrs of direct sourcing experience and supplier relationship management
• Experience with MS Excel and other applications (i.e. Word, PowerPoint, MS Project etc.)
• Ability to travel globally up to 20%

Preferred qualifications:

• Master’s Degree or professional certification (i.e. CPSM, CPIM, CSCP, PMP, Lean Six Sigma, etc.)
• Experience sourcing for electronic components for manufacturing operations
• Experience working in medical device or similar regulated industry
• Strong decision-making and negotiation skills, ability to influence internal and external teams
• Ability to work independently and collaborate with cross-functional teams to complete projects
• Strong interpersonal skills, with ability to communicate effectively with individuals on all levels
• Strong critical thinking and analytical skills: process and results-oriented
• Detail oriented with strong organizational skills; ability to multi-task and prioritize competing responsibilities effectively