Strategic Sourcing Specialist, NPI

Strategic Sourcing Specialist, NPI

Req ID: 82013 Location: Shakopee, Minnesota, United States

In our 'always on' world, we believe it's essential to have a genuine connection with the work you do. We are adding a Strategic Sourcing Specialist in Shakopee, MN, to work on new products! If you have a strong background in sourcing multiple types of categories, this role may be for you! Join a team passionate about launching new products and connecting with outside suppliers. How You'll Help Us Connect the World: This role is responsible for completing broad assignments involving the sourcing of components and raw materials, which require knowledge or experience in procurement and supply chain roles focusing on new product introduction. Supports introducing new products by sourcing materials at the right price and using the right supply chain from the beginning of production. Owning the Supplier Selection Process in support of NPI to help develop sources of supply to meet project/product requirements. Written and verbal communication are critical for providing a concise summary and overview of the supply chain chosen for the best cost, lead time, quality, and service level metrics. Collaborates with the NPI cross-functional project team to coordinate and deliver New Product Development, bringing new products to market across the company. Sources complex materials (e.g. injection molding/tooling, metal fabrications, fiber connectivity products, cabling, copper apparatus/connectivity products, and similar technologies) from suppliers who meet service, quality, and cost requirements and work with manufacturing site buyers or category management leads to source new products. Coordinates with Design Engineering to identify and negotiate cost reduction opportunities on existing and new products, ensuring early DFM engagement with suppliers. Initialize the RFQ process with suppliers to share confidential drawing packages and forecasts. Lead a cross-functional team, including quality, technical, and finance, to conduct due diligence on new suppliers and add them to the approved vendor list. Conducts cost/price analysis for all products within a multiple bidding approach, emphasizing cost value and creating multi-sourcing supply to mitigate risk. Establish negotiation strategies. Assist with supply chain setup to support suppliers in sourcing the right raw materials. Working with contract manufacturers to source finished goods. Maintains positive working relationships with supplier partners. Ensures that the Supplier KPI's governing quality, delivery and NPI performance are considered before sourcing material from a particular vendor. Capability to lead multiple new projects concurrently to ensure supplier selection is completed within the timeframe required to meet market entry deadlines. Speed is essential for improving revenue and customer opportunities. Will be working in a fast-paced environment where internal customer needs must be identified early on to ensure success. Ensures that all sourcing is based on negotiated competitive bids submitted by qualified suppliers and aligned with Should Cost targets (where available). Establish all relevant work activities to set up selected suppliers for raw materials or finished goods. Work closely with Site or Category managers to hand over from NPI to general availability

Required Qualifications for Consideration: Three or more years of demonstrated ability in procurement Experience in sourcing complex major procurement categories/commodities on the mechanical side, such as plastic components, fiber optics, and packaging. Experience with ERP systems Ability to work in our Shakopee, MN office five days a week

You Will Excite Us If You Have: CIPS, C.P.M. or CPIM certifications SAP