Michael Page
Senior Strategic Buyer - NPD
Michael Page, Westchester, IL, United States
- Highly visible role with ample room for career growth
- Exciting role to work on NPD projects
This pivotal role focuses on driving strategic sourcing initiatives for New Product Development (NPD) projects, ensuring optimal supplier alignment with our innovation pipeline and business objectives. The ideal candidate will bring deep expertise in strategic sourcing, supplier relationship management, and cross-functional collaboration to deliver high-quality, cost-effective solutions.
Job Description
- trategic Sourcing for NPD:
- Lead supplier selection and sourcing strategies for NPD projects, aligning with business objectives.
- Analyze supplier capabilities and ensure alignment with quality, cost, and delivery requirements for new products.
- Supplier Management:
- Build and maintain strong relationships with key suppliers to foster innovation and collaboration.
- Negotiate contracts, pricing, and terms to achieve optimal value for NPD initiatives.
- Cross-functional Collaboration:
- Partner with R&D, engineering, and marketing teams to understand product specifications and timelines.
- Act as the procurement lead in cross-functional project teams to meet project milestones and budgets.
- Cost Management:
- Identify cost-saving opportunities without compromising quality or innovation.
- Monitor market trends and benchmarks to ensure competitive pricing and supplier performance.
- Risk Management:
- Evaluate and mitigate risks associated with supplier selection and materials sourcing for new products.
- Ensure compliance with corporate and regulatory standards.
- Continuous Improvement:
- Drive process improvements in sourcing and procurement to support agile product development cycles.
- Stay updated on industry trends and best practices to enhance the NPD sourcing strategy.
The Successful Applicant
- Education: Bachelor's degree in Supply Chain Management, Business, Engineering, or a related field. A Master's degree is a plus.
- Experience: Minimum of 5-8 years of experience in strategic sourcing, procurement, or supply chain management, with a focus on NPD.
- Skills:
- Strong negotiation and supplier management skills.
- Proficiency in procurement tools and ERP systems (e.g., SAP, Oracle).
- Excellent communication and stakeholder management skills.
- Analytical mindset with a focus on data-driven decision-making.
- Knowledge:
- Familiarity with NPD processes, materials sourcing, and industry trends.
- Knowledge of regulations and compliance standards in the relevant industry.
- Competitive salary and benefits package.
- Opportunities for professional growth and development.
- Collaborative and innovative work environment.
Contact
Clayton Hamilton
Quote job ref
JN-122024-6609597