Strategic Sourcing Manager

4 weeks ago

New York, New York, United States Mini-Circuits Full time
Job Summary

Mini-Circuits is seeking a highly skilled Strategic Sourcing Manager to join our team. The successful candidate will be responsible for managing our global supplier relationships, total overall spend, and strategic procurement for the supply categories they manage as well as their financial and operational performance.

Key Responsibilities
  • Develop and lead the implementation of global strategic sourcing and risk mitigation strategies for the supply categories managed.
  • Align strategies to Mini-Circuits' overall business strategy and new product growth initiatives.
  • Build and manage relationships with key internal stakeholders across Mini-Circuits 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 Mini-Circuits 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 Mini-Circuits 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.
Requirements
  • 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.
Additional Requirements
  • Travel, both domestic and international, to visit suppliers, Mini-Circuits facilities, tradeshows, etc. will be required (Up to ~30%).
  • Comply, understand, and support corporate safety initiatives to ensure a safe work environment.
  • Ability and willingness to abide by the Company's Code of Conduct.
  • Valid driver's license and ability to drive for extended periods of time.

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