nVent
Senior Sourcing Manager- New Product Development
nVent, Anoka, Minnesota, United States, 55303
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.
What You Will Experience In This Position:
Coordinate with category management teams to develop detailed market and competitive analysis through insight on new product development priorities and markets.
Consult in supplier negotiations bringing to bear program and product market intelligence, forecasts, etc. Partner with category sourcing to ensure favorable sourcing agreements to support both NPI program and serial production.
Develop and maintain close working relationships with cross‑functional business partners to ensure that business requirements are understood and translated into effective material category strategies.
Coordinate with program and business leadership to develop metrics and ensure that "true north" objectives are measured and achieved.
Participate in sourcing category long‑range planning processes and establish program encouraging annual category objectives and strategies.
Ensure that category sourcing strategies are followed by new product development teams, including analysis and review of customer requirements, product requirements, quality requirements, market conditions, supplier capabilities, the approved supplier list, and category strategic plans.
Coordinate resources for focused supplier lean initiatives, design for manufacturing (DFM), and risk management related to critical programs.
Lead and mentor strategic sourcing and purchasing activity from ideation phases through early prototype phases into serial production.
Promote early supplier involvement in new product development teams to drive down costs, improve manufacturability of parts for suppliers, and maintain the highest quality of products. Provide forums for new potential and existing suppliers to share the latest technologies with engineering and sourcing teams.
Plan & mobilize resources of the supply chain management project team to fulfill program and project plans including: Category Management, Supplier Development/Supplier Quality, NPI Supply Specialists.
Partner with NPI Supply Specialists, Category Management, Product Management, Engineering, etc. to build and complete funnel building and ideation for PPV, VAVE, and other Margin Expansion opportunities.
You Have:
Bachelor's degree in business or Supply Chain Management or a related field.
8+ years of experience in a relatively large supply chain organization required.
Passion for leading and developing people.
Experience directly managing complex categories.
Strong negotiation skills including experience negotiating multi‑million dollar contracts.
Demonstrated ability to think strategically and work comfortably in ambiguity.
Ability to travel a minimum of 10%.
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.
nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes.
Our principal office is in London and our management office in the United States is in Minneapolis.
Commitment to strengthen communities where our employees live and work through philanthropic activities and matching programs.
Core values: 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
Medical, dental, and vision plans, flexible spending accounts, short‑term and long‑term disability benefits, critical illness, accident insurance and life insurance.
401(k) retirement plan and an employee stock purchase plan – both include a company match.
Other supplemental benefits such as tuition reimbursement, caregiver, personal and parental leave, back‑up care services, paid time off including volunteer time, a well‑being program, and legal & identity theft protection.
Pay Transparency nVent's pay scale is based on the expected range of base pay for this job and the employee's work location. Employee pay within this range will be based on a combination of factors including knowledge, skills, abilities, experience, education, and performance. Where federal, state, or local minimum wage requirements exist, employee pay will comply. Compensation Range:
$146,300.00 - $271,700.00 Depending on the position offered, employee may be eligible for other forms of compensation, such as annual incentives.
#LI-AW1 #LI-Hybrid
#J-18808-Ljbffr
What You Will Experience In This Position:
Coordinate with category management teams to develop detailed market and competitive analysis through insight on new product development priorities and markets.
Consult in supplier negotiations bringing to bear program and product market intelligence, forecasts, etc. Partner with category sourcing to ensure favorable sourcing agreements to support both NPI program and serial production.
Develop and maintain close working relationships with cross‑functional business partners to ensure that business requirements are understood and translated into effective material category strategies.
Coordinate with program and business leadership to develop metrics and ensure that "true north" objectives are measured and achieved.
Participate in sourcing category long‑range planning processes and establish program encouraging annual category objectives and strategies.
Ensure that category sourcing strategies are followed by new product development teams, including analysis and review of customer requirements, product requirements, quality requirements, market conditions, supplier capabilities, the approved supplier list, and category strategic plans.
Coordinate resources for focused supplier lean initiatives, design for manufacturing (DFM), and risk management related to critical programs.
Lead and mentor strategic sourcing and purchasing activity from ideation phases through early prototype phases into serial production.
Promote early supplier involvement in new product development teams to drive down costs, improve manufacturability of parts for suppliers, and maintain the highest quality of products. Provide forums for new potential and existing suppliers to share the latest technologies with engineering and sourcing teams.
Plan & mobilize resources of the supply chain management project team to fulfill program and project plans including: Category Management, Supplier Development/Supplier Quality, NPI Supply Specialists.
Partner with NPI Supply Specialists, Category Management, Product Management, Engineering, etc. to build and complete funnel building and ideation for PPV, VAVE, and other Margin Expansion opportunities.
You Have:
Bachelor's degree in business or Supply Chain Management or a related field.
8+ years of experience in a relatively large supply chain organization required.
Passion for leading and developing people.
Experience directly managing complex categories.
Strong negotiation skills including experience negotiating multi‑million dollar contracts.
Demonstrated ability to think strategically and work comfortably in ambiguity.
Ability to travel a minimum of 10%.
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.
nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes.
Our principal office is in London and our management office in the United States is in Minneapolis.
Commitment to strengthen communities where our employees live and work through philanthropic activities and matching programs.
Core values: 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
Medical, dental, and vision plans, flexible spending accounts, short‑term and long‑term disability benefits, critical illness, accident insurance and life insurance.
401(k) retirement plan and an employee stock purchase plan – both include a company match.
Other supplemental benefits such as tuition reimbursement, caregiver, personal and parental leave, back‑up care services, paid time off including volunteer time, a well‑being program, and legal & identity theft protection.
Pay Transparency nVent's pay scale is based on the expected range of base pay for this job and the employee's work location. Employee pay within this range will be based on a combination of factors including knowledge, skills, abilities, experience, education, and performance. Where federal, state, or local minimum wage requirements exist, employee pay will comply. Compensation Range:
$146,300.00 - $271,700.00 Depending on the position offered, employee may be eligible for other forms of compensation, such as annual incentives.
#LI-AW1 #LI-Hybrid
#J-18808-Ljbffr