Sourcing Engineer

Molex • Naperville Park District, IL

423d

About The Position

Molex is seeking an experienced Sourcing Engineer to manage sourcing activities for new product BOM and product sustaining costs. This role involves developing category strategies, contracting with suppliers, and ensuring cost efficiency throughout the product launch process. The Sourcing Engineer will act as the primary contact for product development teams, driving sourcing activities for all BOM line items in assigned projects.

Requirements

• BA/BS in Engineering or Technical Field.
• Supply Chain or Procurement Experience.
• Minimum 5 years of experience in NPI/Sourcing activities.
• Proficient in Microsoft Office.
• SAP knowledge and experience.
• Clear and concise verbal and written communication skills.
• Must be a US Person (Citizen or Green Card Holder) due to ITAR regulations.
• Fluent in business English.

Nice To Haves

• Engineering or Sourcing professional experience.
• Master's Degree in Business or Engineering.
• Electronic components sourcing experience.
• Experience in Electronics, membrane switch, copper flex or circuit manufacturing.
• Experience in negotiation and developing contracts.
• Previous experience with project planning and New Product Development.

Responsibilities

• Develop and execute the sourcing process for new suppliers, materials, components, and services for the ESBU.
• Build and maintain technical understanding of the products, categories purchased, and supplier capabilities.
• Partner with Molex design teams throughout the Product Development Process (PDP) to drive lowest total cost of the BOM.
• Bring a 'Design to Value' viewpoint to the Product design team.
• Ensure critical milestones are met and Procurement deliverables are completed on schedule.
• Conduct should-cost and make vs. buy analyses to support sourcing decisions.
• Strive to improve New Product Sourcing processes and increase efficiencies by collaborating with technical design teams.
• Lead the evaluation and selection of suppliers and materials through market sourcing and research.
• Identify, develop, and implement cost avoidance and cost reduction opportunities within NPD and Sustaining Production.
• Lead supplier RFQ process relative to components, conducting in-depth supplier analysis.
• Responsible for obtaining all required documentation and approvals for new vendor set-up process.
• Provide input into the Global Category Strategies and category strategies for new and sustaining products.
• Lead the development of strategies for various material categories unique to the business.
• Drive continuous cost improvement for critical production materials based on spend.
• Actively support and lead sustaining material supply issues affecting Manufacturing Operations.
• Participate in supplier and ISO Certification audits as needed.
• Monitor sourcing and procurement innovation trends in the marketplace.
• May require business travel domestic and international up to 20%.

Benefits

• Medical, dental, and vision insurance.
• Flexible spending and health savings accounts.
• Life insurance and AD&D.
• Disability insurance.
• Retirement plan.
• Paid vacation/time off.
• Educational assistance.
• Infertility assistance.
• Paid parental leave.
• Adoption assistance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Computer and Electronic Product Manufacturing
• Education Level: Bachelor's degree