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Strategic Sourcing Manager
1 month ago
We are seeking a highly skilled Strategic Sourcing Manager to join our team at Mini-Circuits. As a key member of our procurement team, you will be responsible for managing our global supplier relationships, total overall spend, and strategic procurement for the supply categories you manage.
Key Responsibilities- Develop and execute 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.
- Conduct regular business reviews with suppliers to maximize Total Procured Value and drive continuous operational and financial supply chain improvement.
- 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.
- Bachelor's Degree in Supply Chain, Business, Materials Management, Engineering, or similar.
- 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.
- 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.
