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Vertiv Holdings

Procurement Lead (NPDI)

Vertiv Holdings, Westerville, Ohio, United States, 43081

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Procurement Lead For New Product Development

Vertiv is hiring a Procurement Lead for New Product Development (NDP) in Westerville, OH to join the Americas Procurement Team. The person will lead the sourcing activities for an assigned Line of Business. This position will be the designated point of contact managing all sourcing activities related to new product introduction, product cost reductions, production transfers, supply chain design, and time to market. Working closely with the Engineering and Commodity teams to monitor critical prototype parts, determine e-Auctions opportunities, perform risk & resiliency assessment, and responsible for reporting status to agreed KPI's (Key Performance Indicators). Primary Responsibilities Manage all Procurement deliverables as new products transition from ideation to pilot phase and into mass production with an exceptional level of speed, quality, and performance to exceed customer expectations. Be an integral part of each Engineering project team with the resulting product being (a) having parts sourced from preferred supplier/manufacturer, (b) having a BOM and Cap Ex cost that meets business needs, (c) have a supply chain that delivers parts/products that meets market demands, and (d) maximize dual sourcing, (e) ensure material and supplier readiness for key development milestones, (f) eliminate any supply chain issues prior to product released to mass production. Helps develop the prototype strategy with the engineering team and associated buyer to help quick turnaround on prototypes. Analyze the tooling needs and costs for a new product. Review Supplier proposals and make appropriate recommendations. Coordinate with Regional and Global procurement teams to help mitigate supply risks. Own all purchase BOM cost reporting. Track all purchase cost changes and initiate/participate in new component reduction activities to stay below price target. Host Sourcing Review for business-critical projects with cross functional teams for, and follow-up to ensure identified actions gets addressed properly in a timely manner. Ensure Procurement related KPIs are correctly reported, and work to drive improvements when KPIs are not met. Complete all Procurement related Gate deliverables during a new product development. Provide the Procurement vote on all relevant Gate review. Lead/Participate in all NPD/NPI review meetings as required. Coordinate launch plans with EMS suppliers to meet project schedule. Other Duties as assigned. Minimum Education Level Bachelor's degree in engineering (Mechanical, Industrial, Electrical, Electronic), Supply Chain Operations and/or Business Minimum Years of Experience 5-7 years of supply chain, Engineering, or related experience. Special Skills Significant Supply Chain and Engineering background preferred, with experience in multiple disciplines (e.g., NPI, Project Management, Industrialization etc.). Ability to interpret technical specifications, engineering drawings, and bill of materials. Ability to manage multiple Projects simultaneously, team player within Procurement and cross-functional teams. Clear understanding of Supply Chain and Procurement processes and strategy with an understanding of Vertiv's marketplace and industry business operations and standards. Ability to build forward-thinking partnerships with suppliers along with leadership skills, particularly in complex, international, and cross functional teams. Experienced in working within large matrixed teams and/or organizations. Willing to work in different time zones (as required). Ability to drive and accept change, continuous improvement processes. Excellent communication, organizational, analytical, and interpersonal skills. Proficient in MS Office, ERP and PLM tools. Licensures/Certifications Preferred: PMP (Project Management Professional) and/or CPSM (Certified Professional in Supply Chain) The successful candidate will embrace Vertiv's Core Principals & Behaviors to help execute our Strategic Priorities. Customer Focus Operational Excellence High-Performance Culture Innovation Financial Strength Our Behaviors Own It Act With Urgency Foster a Customer-First Mindset Think Big and Execute Lead by Example Drive Continuous Improvement Promote Transparent and Open Communication Learn and Seek Out Development At Vertiv, we offer the stability of a global leader in a growing industry and the opportunity of a startup. We design, manufacture and service the mission-critical infrastructure technologies for vital applications in data centers, communication networks and commercial and industrial environments. With more than 30,000 people worldwide and nearly $8 billion in revenue, a strong customer base and global reach in nearly 130 countries, our move to establish a standalone business enables us to deliver greater value to our customers and create new opportunities for our people. Vertiv is an Equal Opportunity/Affirmative Action employer. We promote equal opportunities for all with respect to hiring, terms of employment, mobility, training, compensation, and occupational health, without discrimination as to age, race, color, religion, creed, sex, pregnancy status (including childbirth, breastfeeding, or related medical conditions), marital status, sexual orientation, gender identity / expression (including transgender status or sexual stereotypes), genetic information, citizenship status, national origin, protected veteran status, political affiliation, or disability. No calls or agencies please. Vertiv will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.