Responsibilities
· Work with company%27s stakeholders on NPI and enhancements to ensure effective sourcing of materials to meet
specifications, timeline, material requirements, and pricing from suppliers. Actively seek creative supply solutions to optimize cost and value equation.
· Develop relationships in the marketplace to understand and stay abreast of industry changes which may impact pricing trends.
· Be an individual that can approach business challenges from a macro perspective and resolve strategic issues effectively.
· Monitor and report on cost trends for key commodities impacting product.
· Develop and meet inventory goals for the company which effectively balance cash-flow, industry leading product lead-times, and inventory turn rates.
· Ensure all supplier contracts are complete, properly executed, and have considered all cost variables. Work with transportation in determining optimal delivery terms, rates, and freight class.
· Research and evaluate suppliers based on price, quality, selection, service, support, availability, reliability, production, and distribution capabilities, transportation cost, and supplier%27s reputation and performance history.
· Negotiate resolution with suppliers relative to quality and service issues. Provide feedback to senior level representatives of suppliers on quality and delivery performance to assure continuous improvement in those areas.
· Utilize strategic sourcing tools to sustain continuous cost reduction initiatives for product BOM Cost.
· Assist in the development of a distribution infrastructure that supports our clients in the most cost effective and efficient manner.
· Ensure supply contingency plans and strategy are up-to date and easily activated in the event primary suppliers are unable to perform as required.
· Full engagement with product commercialism infrastructures includes MRP and finance environments.
