Strategic Sourcing Manager

Bose Corporation•Framingham, MA

1d•$107,400 - $147,750•Hybrid

About The Position

At Bose Corporation, we believe sound is the most powerful force on earth — and for over 60 years, we have been a company built on innovation, excellence, and independence. Privately owned, fiercely customer-focused, and driven by our values, we continue to lead industries and transform lives through sound. Today, Bose Corporation is entering an exciting new era. Across multiple global Business Units and Global Functions, we are shaping the future of audio technology, automotive, luxury, and premium experiences. We invite you to join us in this transformation.

Requirements

Bachelor’s degree in engineering, Business Administration, Supply Chain Management, or a related field (MBA or MS preferred).
Minimum 7+ years of experience in strategic sourcing, with a proven track record of success in managing annual spends between $200M to $500M
In-depth understanding of contract negotiation principles and best practices in supplier relationship management.
Outstanding skills and proven track record of delivering results through cross-functional collaboration and ensure that corporate objectives are achieved
Strong analytical and problem-solving skills with the ability to identify and solve complex cross-functional issues.
Excellent leadership, communication, interpersonal, and negotiation skills with the ability to influence internal and external stakeholders at all levels.
An ability to balance business and technical objectives in decision making

Nice To Haves

Experience in the consumer electronics or a similar industry is a plus.

Responsibilities

Develop and manage key contract manufacturing (CM) partner relationships, draft and negotiate commercial agreements to meet both technical, operational and commercial requirements, statements of work, pricing, development and manufacturing support, among other terms
Lead Executive Business Reviews (EBRs) and Quarterly Business Reviews (QBRs), including preparation, performance assessment, and action plan tracking
Monitor CM KPI and metrics, lead action plan with GRD to improve CM performance on a timely basis; influence CMs to challenge and inform internal assumptions with a view to improve product cost, technical feasibility and execute leveraged engagement models.
Influence CM's manufacturing processes, technology decisions, and policies in beneficial and sustainable ways
Own end-to-end RFx execution including package development, stakeholder alignment, supplier communication, proposal evaluation, negotiation, and award communication.
Partner with GRD and Product teams to influence the product roadmap by sourcing each product with the most capable CM partner, considering factors like time to market, total cost of ownership, technical depth, and quality.
Improve global sourcing strategies, ensuring cross-functional alignment, meeting financial goals and establishing global scalability while mitigating geo-political headwinds
Conduct strategic global market analysis and benchmarking of alternate CM, JDM & ODM suppliers to ensure competitiveness as well as proper portfolio alignment of products, engineering capabilities and end to end supply chain capability.
Negotiate MVA/VAM, NRE, CapEx to deliver best costs for Bose products
Comprehend the technical aspects of production and equipment to identify opportunities for cost, space, and process optimization
Collaborate with cross functional teams throughout development builds, end-to-end costs evaluation, supplier engagements, and all other items associated with executing a successful launch
Responsible for lifecycle cost management, delivering quarterly product cost reductions by collaborating with Tier-2, Manufacturing Operations, R&D and negotiating with CM partners
Act as primary escalation point for CM-related issues including delivery delays, capacity constraints, material shortages, and commercial disputes, driving timely resolution
Create advanced analytics and data-driven approaches to improve supplier performance, adopt feedback to improve sourcing exercises, cost management, NPI development cycles
Continuously monitor and assess market trends and competition to inform sourcing strategy and maintain/enhance the company's competitive advantage.
Identify opportunities including competitive benchmarking, process improvements within the CM base, enhancements to manufacturing processes, inventory optimization
Lead complex engagements on supplier partnerships and strategies with Bose' senior leadership
Be able to manage multiple projects and responsibilities in parallel