Strategic Sourcing Specialist III Electronics
About The Position
The Strategic Sourcing Specialist III applies a thorough, analytical approach to developing and executing sourcing strategies that reduce total costs, enhance supplier value contributions, and secure a sustainable competitive edge in key direct sourcing categories. The role collaborates with divisional stakeholders to align and optimize sustainable sourcing strategies for the electronics category. It partners with Supplier Quality, Supplier Engineering, and other cross-functional stakeholders to deliver projects while maintaining product quality and achieving cost savings. The position supports sourcing and supplier strategy throughout the category, including market analysis, supplier selection and relationship management, cost modeling, risk mitigation, supplier performance, negotiations, budgeting, and early supplier involvement in product development. The role may require global travel of up to 20%.
Requirements
- Bachelor’s degree in supply chain, engineering, business, or a related field.
- At least 2 years of direct sourcing experience and supplier relationship management experience.
- Experience with MS Excel and other applications such as Word, PowerPoint, and MS Project.
- Ability to travel globally up to 20%.
Nice To Haves
- Master’s degree or professional certification such as CPSM, CPIM, CSCP, PMP, or Lean Six Sigma.
- Experience sourcing electronic components for manufacturing operations.
- Experience working in the medical device industry or a similar regulated industry.
- Strong decision-making and negotiation skills, with the ability to influence internal and external teams.
- Ability to work independently and collaborate with cross-functional teams to complete projects.
- Strong interpersonal skills and ability to communicate effectively with individuals at all levels.
- Strong critical-thinking and analytical skills; process- and results-oriented.
- Detail-oriented, with strong organizational skills and the ability to multitask and prioritize competing responsibilities effectively.
Responsibilities
- Gather market intelligence and identify trends for the electronics category and sub-categories.
- Identify suitable suppliers and develop a comprehensive supplier database.
- Guide internal leads through a systematic category approach to material and supplier selection and management, including identifying insourcing and outsourcing opportunities.
- Manage strategic supplier relationships in accordance with category strategy and each supplier’s strategic differentiators.
- Analyze data and develop cost-modeling tools, such as should-cost and COGS models, to manage the category.
- Collaborate with stakeholders to identify and mitigate issues and supplier-related risks.
- Work with suppliers to promote continuous improvement in quality, service, and cost.
- Manage supplier performance and identify Value Improvement Programs to improve total cost of ownership.
- Balance collaborative engagement and competitive pressure with suppliers to maximize value, including negotiating supplier contracts and value improvements.
- Support the annual budget process for assigned suppliers and resolve systematic issues.
- Establish early supplier involvement to achieve development performance goals, support project timelines, and manage product cost.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
