Advanced Sourcing Supplier Development Manager

Franklin Electric•Fort Wayne, IN

57d•Hybrid

About The Position

We are seeking a dynamic Advanced Sourcing Supplier Development Manager to lead supplier engagement and cost optimization initiatives across new and existing product portfolios. This role will play a key part in ensuring competitive costs, high-quality supplier collaboration, and meeting annual cost reduction goals. This position will require 25% of the ability to travel. Embark on a career journey with Franklin Electric, where your passion meets purpose, and every day is an opportunity to make a difference in our global communities in providing access to water, fuel and electricity. Franklin Electric is a diverse team of innovators making a positive global impact since 1944. We offer innovative water solutions, ensuring access, treatment, and efficient management of this vital resource. Our commitment to excellence is reflected in our innovative products, industry leading quality products, exceptional customer service, employee development, and passion for social responsibility. Join us to create a better future while growing professionally in a supportive environment!

Requirements

Bachelor's degree in engineering, Supply Chain, Business, or related field (Master's preferred) OR 15 years demonstrated comparable experience.
7+ years of experience in supplier development, procurement, sourcing, or VAVE/value engineering within a manufacturing/industrial environment.
Strong knowledge of DFM principles, cost modeling, and supplier cost reduction strategies.
Proven track record of delivering annual cost savings through supplier collaboration and process improvement.
Excellent project management, communication, and influencing skills.
Comfortable working in a global, matrixed environment with multicultural teams.
Proficiency in MS Office; ERP/PLM system experience a plus.

Responsibilities

Lead and manage RFQ processes for New Product Development (NPD) programs, ensuring sourcing timelines are achieved.
Partner with design engineering teams on Design for Manufacturability (DFM) reviews to embed supplier input early in the design cycle.
Develop and maintain cost models for new and current products to drive competitive and sustainable cost structures.
Collaborate with global category teams to identify and deliver process-related cost reduction projects that achieve annual savings targets.
Support supplier development initiatives to strengthen capabilities, drive Value Analysis/Value Engineering (VAVE) improvements, and optimize supply performance.
Act as a cross-functional liaison between procurement, engineering, operations, and suppliers to ensure program milestones and cost objectives are met.