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New Product Sourcing Leader

4 months ago

Andover, Minnesota, United States nVent Full time

We're looking for people who put their innovation to work to advance our success - and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.

This position provides sourcing leadership and project management for complex, critical growth projects. This highly visible role will have the opportunity to transform both current and new supplier relationships. We aspire to balance quality and price to create a sustainable and reliable supplier network for a highly dynamic business. The key to success in this role is balancing category strategy, project execution and cross-functional alignment to meet business needs.

We are looking for top talent in the Minneapolis, MN area to work in a hybrid model. This will allow you to be closely connected with our products made in Minnesota, around the United States and across the globe with a flexibility of schedule that Works

WHAT YOU WILL EXPERIENCE IN THIS POSITION:
  • Lead and partner in strategic projects focused on new product development aligning with the global and local category teams to select suppliers and leverage existing supplier relationships.
  • Source parts for new product launches, complete the RFQ process for new products/parts. Lead material availability for proto/pilot/ramp/launch of products.
  • Conduct material cost analysis, establish benchmarks, develop "should cost" models and ensure the best total cost of ownership. Drive NPI initial cost management, track costs, negotiate pricing agreements and call out cost challenges as appropriate.
  • Coordinate and resolve issues regarding existing and new projects.
  • Lead multiple projects through all phases from concept to launch with time limited ongoing support.
  • Establish communication plans for project partners serving as the principle sourcing driver of product launches.
  • Ensure material availability during the transfer of products between manufacturing sites or during insourcing initiatives. Support resolution of supplier related issues during project phases. Resolve Supplier/Material Risk levels and drive mitigation actions.
  • Document and develop sourcing productivity opportunities for implementation by sourcing and value engineering teams following product launch.
  • Develop and deliver project level status updates and project dashboards teaming with sourcing analysts and cross functional teams.
YOU HAVE:
  • Bachelor's degree in business, Supply Chain Management, or related field
  • 3+ years direct material purchasing/supply chain experience supporting a manufacturing environment
  • A practical and applied understanding of sourcing methodologies and sourcing project management
  • Experience in supplier contract management
  • Successful application of negotiation skills and techniques
  • Demonstrated excellence in analytical, fact-based problem solving
  • Experience communicating complex and detailed information to multiple individuals and audiences with differing knowledge levels
  • Excellent presentation, time management, organizational and social skills
  • Ability to build effective work relationships, both internal and external, and establish credibility with business partners. This includes the ability to address difference of opinions and use the most appropriate method to reach an effective solution
  • Ability to adapt to constantly evolving business circumstances and environment

WE HAVE:

  • A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day
    • At nVent, we believe safer systems ensure a more secure world. We connect and protect our customers with inventive electrical solutions. We design, manufacture, market, install and service high-performance products and solutions for mission-critical equipment, buildings and essential processes. Our solutions are helping build a more sustainable and electrified world.
    • We are a $3.3B company with a dedicated team of more than 11,000 employees around the globe. Our comprehensive portfolio of enclosures, electrical and fastening, and thermal management solutions dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, RAYCHEM and SCHROFF.
  • Commitment to strengthen communities where our employees live and work
    • We encourage and support the philanthropic activities of our employees worldwide
    • Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money
  • Core values that shape our culture and drive us to deliver the best for our employees and our customers. We're known for being:
    • Innovative & adaptable
    • Dedicated to absolute integrity
    • Focused on the customer first
    • Respectful and team oriented
    • Optimistic and energizing
    • Accountable for performance
  • Benefits to support the lives of our employees

At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other's authenticity because we understand that uniqueness sparks growth.

#LI-Hybrid

#LI-AL1

#INDISC

At nVent, we are committed to equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by national, federal, state or local law.