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Full-Time

Principal – Strategic Sourcing

Posted on 6/18/2024

EVgo

EVgo

201-500 employees

Operates fast charging network for electric vehicles

Automotive & Transportation
Hardware
Energy
Social Impact

Compensation Overview

$170k - $195kAnnually

+ Discretionary Cash Bonus + Restricted Stock Units

Expert

Remote in USA

Category
Supply Chain Management
Operations & Logistics
Required Skills
Communications
PowerPoint/Keynote/Slides
Requirements
  • Bachelor’s Degree or equivalent
  • Minimum 10 years’ experience in supply chain, strategic sourcing (preferably in related industry), and procurement roles
  • Ability to work cross functionally and in a high-pressure environment
  • Strong written and verbal communication skills
  • Strong negotiation skills
  • Experience in presenting and preparing PowerPoint presentations to senior leadership
  • Demonstrable track record of delivering extensive bottom-line benefits
  • Exposure to complex manufacturing build with extensive number of parts to procure
  • Ability to analyze data
  • Microsoft Office – Excel, PowerPoint, & Word
  • Ability to interpret or understand mechanical design drawings and specifications
  • Travel: 15-20%
  • Bachelor’s Degree in Supply Chain, Business, or Finance highly preferred
  • MBA
  • Experience in the EV or renewable sector
  • Global Sourcing experience
Responsibilities
  • Lead and drive strategic sourcing goals to ensure quality, continuity of supply, and cost minimization
  • Maximize leverage in the marketplace through supplier relationship management, market intelligence, and innovation
  • Develop, establish, and lead strategic agreements with key suppliers
  • Manage and track contractual terms to ensure adherence
  • Monitor and report materials quarterly cost reductions
  • Ensure key suppliers receive a periodic forecast of future demand
  • Lead and drive sourcing initiatives to support the product roadmap
  • Provide leadership and support to the team on advance developments, Design for Manufacturing reviews, continuous improvements, discussions, and problem resolution
  • Develop Key Supplier technology roadmaps
  • Maintain in-depth understanding of suppliers’ capabilities, capacity, and overall financial stability
  • Continuously evaluate and assess suppliers’ performance to ensure that the agreed supply requirements are consistently reported and complied with in key areas such as quality, service, and delivery targets
  • Effectively lead a team, including making personnel decisions (such as hiring, performance management, coaching/counseling, termination, etc.) and steering the team to achieve expected results
  • All other duties as assigned

EVgo provides fast charging solutions for electric vehicles (EVs) and operates the largest public fast charging network in the United States, with over 800 stations across 66 markets. The company caters to individual EV owners, commercial businesses, retail locations, and government entities, as well as ride-sharing, car-sharing, and autonomous vehicle fleets. EVgo's charging stations are designed to meet the growing demand for convenient and reliable charging options as more consumers and businesses adopt electric vehicles. Unlike many competitors, EVgo owns and operates its charging stations, generating revenue by charging users for electricity and partnering with businesses to install charging stations at their locations. The goal of EVgo is to provide essential infrastructure that supports the increasing number of electric vehicles on the road, ensuring high reliability and convenience for its users.

Company Stage

IPO

Total Funding

$527.6M

Headquarters

Houston, Texas

Founded

2010

Simplify Jobs

Simplify's Take

What believers are saying

  • EVgo's rapid growth, evidenced by a 400% increase in customer accounts since April 2020, highlights its strong market position and potential for continued expansion.
  • The company's strategic partnerships and revenue-sharing agreements with commercial and retail businesses enhance its revenue streams and market reach.
  • Recognition from entities like LADWP for leadership in DC fast charging underscores EVgo's industry influence and commitment to sustainability.

What critics are saying

  • The competitive landscape for EV charging infrastructure is intensifying, with new entrants and existing players potentially eroding EVgo's market share.
  • The company's ambitious expansion plans, including the deployment of NACS connectors, may face regulatory and technical challenges that could delay implementation.

What makes EVgo unique

  • EVgo's extensive network of over 800 fast charging stations across 66 markets makes it the largest public fast charging network in the U.S., providing a significant competitive edge.
  • The company's focus on both public and private charging solutions allows it to cater to a diverse range of clients, from individual EV owners to commercial and government fleets.
  • EVgo's commitment to deploying North American Charging Standard (NACS) connectors positions it as a forward-thinking leader in the evolving EV charging landscape.
INACTIVE