New Product Sourcing Manager

Trystar Inc•Burnsville, MN

47d

About The Position

Trystar is at the forefront of advancing power solutions, charged and driven by a committed, dynamic team, tackling complex challenges, and creating innovative solutions. We’re looking for motivated, driven, and talented individuals eager to be part of the future of power. Safety and integrity aren’t just buzzwords, they are the north star guiding us as we aspire to wow our customers every day. We’ve created power solutions that are not only durable and unique but are also the result of exciting teamwork from every corner of our organization. Individually and collectively, every team member at Trystar plays for each other and strives to deliver unmatched value and 100% accuracy to our customers every single day. Our cutting-edge headquarters is in Faribault, MN, a facility that is partially solar- and wind-powered by our own microgrid! You’ll find that we’re also pushing boundaries across the country at our additional facilities in Troy, MI; Houston, TX; Merrimack, NH; Burnsville, MN; and Murfreesboro, TN. The New Product Development Sourcing will be involved in the development of innovative marketing facing technology that will provide our customers with custom products, integrated systems, and service solutions with disruptive industry speed, scale and response while providing a safe, innovative and enriched work environment that delivers best in class results. As the New Product Development Sourcing, primarily responsible for managing the sourcing and procurement activities related to new product launches, ensuring timely delivery of components and materials while meeting quality standards, collaborating closely with engineering, product management, and suppliers to facilitate a smooth transition from product development to production. We are looking for people who believe in our guiding principles and values of: Safety – We believe everyone should leave Trystar facilities in the same or better condition than when they arrived. Integrity – We’re honest, transparent, and committed to doing what’s right. Customer focus – We have relentless focus on our customers and their success. Right with speed – We use good judgement, make thoughtful decisions quickly, and execute them with purpose and intensity. Play for each other – We’re a team. We show up for each other and we know that through teamwork we achieve greatness. Champion change – We know adaptation and improvement are requirements to survive and to thrive. Enjoy the journey – We create an environment where our team feels appreciated and has fun along the way.

Requirements

8 years of experience in a sourcing, project management, or product development role
Experience of 5 years in electrical and mechanical engineering roles or collaborating with such roles.
Negotiation skills
Technical Sourcing or New Product Introduction experience
Knowledge with specific technologies to applicable categories.
Willingness to travel 15 – 20%.
Lean Sigma experience or Six Sigma experience.

Nice To Haves

Bachelor’s degree in engineering, electromechanical or mechanical
Knowledge of ISO Standards.
PMI Certified
ISM Certified
Green Belt or Black Belt

Responsibilities

Identify and communicating sourcing risks early in the development cycle to drive mitigating designs and or focused Supplier Development.
Align with Commodity/Category Managers to drive Supplier Evaluation, Selection, Development, Qualification, and Product Launch Ramp-up aligned with team milestones. Thoroughly vetting new suppliers to ensure they meet quality, delivery, and compliance requirements for the new product.
Key Point for RFQ’s and Quoting Process.
Identifying potential new sources in Technologies where existing relationships do not yet exist. Align with Category Managers to evaluate capabilities, pricing, and negotiating contracts to secure the best value for new products.
Documenting & managing overall Project Sourcing Strategies. Providing regular updates on sourcing progress, cost analysis, and potential risks to stakeholders.
Track and manage supplied component Quality, Supply Risk, Material Cost, Response / Lead Time, & Technology advancement for the full Device Bill of Material, (for both the new and legacy components).
Managing the sourcing and procurement activities related to new product launches, ensuring timely delivery of components and materials while meeting quality standards, collaborating closely with engineering, product management, and suppliers to facilitate a smooth transition from product development to production.
Implement, manage, and monitor supplier contractual documents including Confidentiality Agreements (CDAs), Master Service Agreements (MSAs), Single Project Services Agreements (SPSAs), Research Agreements (RAs), etc., as applicable to ensure that these documents are current and cover key elements including IP protection, supply terms and conditions, and Environmental and Quality requirements.
Support the set-up of funds, reconciliation of invoices, payments and run remittance reports.
Develop, implement, and monitor performance measures and continuous improvement of technical integration and externalization utilizing data analysis and visualization tools and platforms.