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Product Sourcing Director

1 month ago

Anoka, Minnesota, United States nVent Full time
Job Title: New Product Sourcing Leader

We are seeking a highly skilled and experienced New Product Sourcing Leader to join our team at nVent. As a key member of our organization, you will be responsible for leading and partnering in strategic projects focused on new product development, aligning with global and local category teams to select suppliers and leverage existing supplier relationships.

Key Responsibilities:
  • Lead and partner in strategic projects focused on new product development, aligning with 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, and 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.
Requirements:
  • 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 differences of opinion and use the most appropriate method to reach an effective solution.
  • Ability to adapt to constantly evolving business circumstances and environment.
About nVent:
  • nVent is a dynamic global company with diverse operations around the world, providing plentiful career opportunities and allowing you to make an impact every day.
  • 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.
About Our Culture:
  • We are known for being innovative and adaptable, dedicated to absolute integrity, focused on the customer first, respectful and team-oriented, optimistic and energizing, and accountable for performance.
  • We celebrate and encourage each other's authenticity because we understand that uniqueness sparks growth.

We are an equal opportunities employer and welcome applications from all qualified candidates. If you are a motivated and experienced professional looking for a new challenge, please submit your application.