Sourcing Specialist - New Product Sourcing
$87.87k - $163.12kBaker Hughes Holdings LLC
Role Overview As a Sourcing Specialist – NPI, you support sourcing execution for new product implementation projects from concept through production. You collaborate with cross‑functional teams to identify suppliers, manage RFQs, ensure material readiness, drive cost competitiveness, supplier performance, and risk mitigation, while managing select commodity sourcing responsibilities to support ongoing production needs. You act as the key link between engineering, supply chain, and suppliers to deliver successful product launches. Responsibilities Executing sourcing activities for NPI projects from concept through production handoff. Supporting supplier identification, evaluation, and onboarding aligned with sourcing strategies. Leading RFQ processes, including quote collection, analysis, and cost comparison. Managing prototype procurement, supplier timelines, and material readiness for builds. Tracking NPI milestones and escalating risks related to cost, supply, and timelines. Acting as the primary point of contact for suppliers during NPI phases. Supporting supplier feasibility reviews, capacity validation, and production readiness. Monitoring supplier delivery performance during development builds. Supporting supplier performance tracking and corrective action follow‑up. Coordinating with Supplier Quality teams during quoting and awarding processes. Supporting cost analysis, benchmarking, and total cost of ownership (TCO) evaluations. Assisting in pricing negotiations and commercial terms under guidance from commodity leaders. Validating costed BOMs and ensuring alignment with project cost targets. Partnering with Engineering, Quality, Buyers, Commodity Leaders, and Operations teams. Supporting design reviews, engineering changes, and sourcing alignment with project goals. Contributing to production readiness, pilot builds, and launch execution activities. Owning sourcing deliverables throughout the NPI lifecycle. Supporting supplier selection, RFQ execution, and sourcing reviews. Leading awarding processes including feasibility and approval workflows. Preparing sourcing inputs for handoff to Buyers, including pricing, lead times, and risks. Supporting contract execution such as LOIs, tooling agreements, and supply contracts. Supporting post‑launch activities to ensure smooth transition to production. Managing assigned commodities to support production continuity. Executing sourcing strategies and supplier management for production programs. Driving cost improvement initiatives and ensuring supply continuity. Aligning NPI sourcing with long‑term commodity strategies. Communicating sourcing progress, risks, and timelines to stakeholders. Applying structured problem‑solving methods to resolve supplier and sourcing issues. Escalating critical issues to senior sourcing leaders as needed. Qualifications 5+ years of experience in sourcing, buying, or supply chain roles. Experience in NPI or NPD. Strong supplier management and coordination skills. Foundational negotiation skills and understanding of commercial terms. Ability to manage multiple projects and priorities simultaneously. Strong analytical, organizational, and follow‑up skills. Excellent communication and stakeholder collaboration abilities. Ability to work independently with guidance from senior sourcing team members. Benefits & Compensation The annual pay scale for this position is between $87,870.00 – $163,120.00. Contemporary work‑life balance policies and wellbeing activities Comprehensive private medical care options Safety net of life insurance and disability programs Tailored financial programs Education Assistance Generous Parental Leave Mental Health resources Dependent Care Additional elected or voluntary benefit Eligible to participate in Company‑sponsored benefit programs, including health & welfare programs and the Thrift Plan (401(k)). Possible additional forms of compensation such as bonuses subject to the terms of the applicable benefit plans or policies. EEO Statement Baker Hughes Company is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law. #J-18808-Ljbffr
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