NESCO Inc
Strategic Sourcing Manager
NESCO Inc, Brooklyn, New York, United States, 11210
From communications networks and critical national security systems to life-saving diagnostic imaging, quantum computing and more, our client supports the world's most innovative companies in building RF, microwave and millimeter wave technology. They offer a generous compensation package and benefits as well as growth opportunity. They have been experiencing aggressive growth over the last couple of years and have no plans to stop!
Position Summary:Reporting to the Director of Global Sourcing, the Strategic Sourcing Manager will be responsible for managing global supplier relationships, total overall spend, and strategic procurement for the supply categories they manage as well as their financial and operational performance. The role's responsibilities will cover the entire sourcing and procurement process, including strategy development and execution, risk management, supplier identification and selection, negotiation, order management, invoice resolution, reporting, and budget forecasting. The Strategic Sourcing Manager will also work closely with Engineering, Quality, and NPI teams to enhance global product generation process to ensure we incorporate our strategic supplier partnerships in our new product innovation process.Job Function:Develop and lead the implementation of global strategic sourcing and risk mitigation strategies for the supply categories managed.Align strategies for overall business strategy and new product growth initiatives.Build and manage relationships with key internal stakeholders across multiple sites to ensure successful execution and alignment of sourcing/risk strategies and ongoing supplier activities.Build and maintain strong supplier partnerships.Conduct regular business reviews with suppliers to maximize Total Procured Value and drive continuous operational and financial supply chain improvement.Manage sourcing, requests for information, quotations, proposals, and bidding processes.Negotiate pricing and commercial terms of supply agreements to deliver Total Procured Value objectives.Work with the Supplier Quality team to assess new and existing supplier capabilities, and drive performance improvement to ensure all raw material/component/product purchases meet quality requirements.Achieve annual financial and operational objectives/goals.Work with suppliers and internal teams to identify VA/VE opportunities and lead initiatives to drive cost-out, eliminate inefficiencies, and achieve supply surety.Proactively communicate and collaborate with internal engineering, quality, supply chain, manufacturing, and product development teams on supply chain-related statuses, priorities, and issue resolution.Continuously evaluate supplier category markets to evaluate new suppliers, report on market conditions, and understand trends related to cost drivers and global pricing, to ensure our strategic sourcing competitiveness.Maintain clear, effective, timely, and regular communication at all levels within the company.Define, develop, and implement regular and detailed reporting to management as required.Rapidly synthesize and communicate potential supply issues to senior leaders and relevant stakeholders while proactively identifying and acting upon mitigation and/or resolution activities to eliminate or minimize any adverse impact to material flow.In collaboration with Product Development and QA, align all specifications and documentation between Mini-Circuits and our strategic suppliers.Supervisory Responsibilities:As an experienced Sourcing professional, the Strategic Sourcing Manager will be looked at as an expert in the department to help provide guidance and direction to less experienced buyers.The duties, responsibilities, and expectations described above are not a comprehensive list and additional tasks may be assigned to the member, within the scope of the position.Qualifications:Bachelor's Degree in Supply Chain, Business, Materials Management, Engineering, or similar preferred.8+ years' experience in operations and/or supply management with 4+ years of sourcing/supply management experience.Professional certification in supply chain, such as CPSM or equivalent desired.Experience sourcing various electrical/electronic components (active, passive, electro-mechanical).Strong knowledge of global electronics supply chains, including OEM's, contract manufacturers / EMS, distributors, etc.Demonstrated track record of managing a strategic sourcing capability, driving strategy and operational performance, and delivering total procurement value.A passion for collaboration, a commitment to continuous improvement, and a strong customer focus with a bias toward over-communicating.Proficient in effectively leading cross-functional, multi-location projects globally.Familiarity with Bills of Materials and manufacturing processes.Strong oral, written, and presentation skills with the ability to influence using data, risk/benefit analysis, and your skills in fostering relationships and building trust.Proficiency in Microsoft Office Suite Products (Excel, PowerPoint, Word, etc.) required.Experience with ERP, E Sourcing platforms, & RFQ tools.Working knowledge of contractual terms, clauses, and conditions preferred.
Nesco Resource offers a comprehensive benefits package for our associates, which includes a MEC (Minimum Essential Coverage) plan that encompasses Medical, Vision, Dental, 401K, and EAP (Employee Assistance Program) services.
Nesco Resource provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
Position Summary:Reporting to the Director of Global Sourcing, the Strategic Sourcing Manager will be responsible for managing global supplier relationships, total overall spend, and strategic procurement for the supply categories they manage as well as their financial and operational performance. The role's responsibilities will cover the entire sourcing and procurement process, including strategy development and execution, risk management, supplier identification and selection, negotiation, order management, invoice resolution, reporting, and budget forecasting. The Strategic Sourcing Manager will also work closely with Engineering, Quality, and NPI teams to enhance global product generation process to ensure we incorporate our strategic supplier partnerships in our new product innovation process.Job Function:Develop and lead the implementation of global strategic sourcing and risk mitigation strategies for the supply categories managed.Align strategies for overall business strategy and new product growth initiatives.Build and manage relationships with key internal stakeholders across multiple sites to ensure successful execution and alignment of sourcing/risk strategies and ongoing supplier activities.Build and maintain strong supplier partnerships.Conduct regular business reviews with suppliers to maximize Total Procured Value and drive continuous operational and financial supply chain improvement.Manage sourcing, requests for information, quotations, proposals, and bidding processes.Negotiate pricing and commercial terms of supply agreements to deliver Total Procured Value objectives.Work with the Supplier Quality team to assess new and existing supplier capabilities, and drive performance improvement to ensure all raw material/component/product purchases meet quality requirements.Achieve annual financial and operational objectives/goals.Work with suppliers and internal teams to identify VA/VE opportunities and lead initiatives to drive cost-out, eliminate inefficiencies, and achieve supply surety.Proactively communicate and collaborate with internal engineering, quality, supply chain, manufacturing, and product development teams on supply chain-related statuses, priorities, and issue resolution.Continuously evaluate supplier category markets to evaluate new suppliers, report on market conditions, and understand trends related to cost drivers and global pricing, to ensure our strategic sourcing competitiveness.Maintain clear, effective, timely, and regular communication at all levels within the company.Define, develop, and implement regular and detailed reporting to management as required.Rapidly synthesize and communicate potential supply issues to senior leaders and relevant stakeholders while proactively identifying and acting upon mitigation and/or resolution activities to eliminate or minimize any adverse impact to material flow.In collaboration with Product Development and QA, align all specifications and documentation between Mini-Circuits and our strategic suppliers.Supervisory Responsibilities:As an experienced Sourcing professional, the Strategic Sourcing Manager will be looked at as an expert in the department to help provide guidance and direction to less experienced buyers.The duties, responsibilities, and expectations described above are not a comprehensive list and additional tasks may be assigned to the member, within the scope of the position.Qualifications:Bachelor's Degree in Supply Chain, Business, Materials Management, Engineering, or similar preferred.8+ years' experience in operations and/or supply management with 4+ years of sourcing/supply management experience.Professional certification in supply chain, such as CPSM or equivalent desired.Experience sourcing various electrical/electronic components (active, passive, electro-mechanical).Strong knowledge of global electronics supply chains, including OEM's, contract manufacturers / EMS, distributors, etc.Demonstrated track record of managing a strategic sourcing capability, driving strategy and operational performance, and delivering total procurement value.A passion for collaboration, a commitment to continuous improvement, and a strong customer focus with a bias toward over-communicating.Proficient in effectively leading cross-functional, multi-location projects globally.Familiarity with Bills of Materials and manufacturing processes.Strong oral, written, and presentation skills with the ability to influence using data, risk/benefit analysis, and your skills in fostering relationships and building trust.Proficiency in Microsoft Office Suite Products (Excel, PowerPoint, Word, etc.) required.Experience with ERP, E Sourcing platforms, & RFQ tools.Working knowledge of contractual terms, clauses, and conditions preferred.
Nesco Resource offers a comprehensive benefits package for our associates, which includes a MEC (Minimum Essential Coverage) plan that encompasses Medical, Vision, Dental, 401K, and EAP (Employee Assistance Program) services.
Nesco Resource provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.