Sourcing Engineer

1 month ago

Sturtevant, Wisconsin, United States Selectek Full time

Selectek is seeking a seasoned Sourcing Engineer to lead global supply chain initiatives and drive team activities to meet objectives.

Key Responsibilities:
Develop and implement strategic sourcing plans to maximize production supplier performance.
Lead supplier RFQ processes, conducting analysis to ensure competitive pricing, continuity of supply, risk mitigation, delivery, quality, and lead time.
Interface with Sales, Engineering, and Operations to develop prototyping and outside services supply base.
Actively contribute to cross-functional teams to support corporate/global and local/plant level goals and objectives.
Create and maintain Master Data files to increase efficiencies and timing of New Product Sourcing processes.
Partner with internal teams to manage BOM cost for outsourced components and assemblies, focusing on Total Cost of Ownership (TCO).
Identify risks associated with the supply base and implement initiatives to address issues.
Forecast price trends and their impact on current and future pricing.
Display a continuous improvement focus on reducing design time, development costs, and improving product quality with suppliers and key company stakeholders.
Perform Contract Reviews on Inquiries in partnership with company legal.
Conduct should-cost and make vs. buy analyses to support sourcing decisions.
Identify, develop, and implement VA/VE / cost avoidance / reduction opportunities to increase overall business unit profitability.
Participate in project meetings to ensure key internal customer deliverables are being met (cost, lead time, etc.).

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