Full-Time

New Product Sourcing Leader

Confirmed live in the last 24 hours

nVent

nVent

1,001-5,000 employees

Data & Analytics
Automotive & Transportation
Industrial & Manufacturing
Energy

Mid

Andover, MN, USA

Hybrid model; looking for candidates in the Minneapolis, MN area.

Category
Procurement & Sourcing
Supply Chain Management
Operations & Logistics
Required Skills
Supply Chain Management
Requirements
  • Bachelor’s degree in business, Supply Chain Management, or related field
  • 3+ years direct material purchasing/supply chain experience supporting a manufacturing environment
  • A practical and applied understanding of sourcing methodologies and sourcing project management
  • Experience in supplier contract management
  • Successful application of negotiation skills and techniques
  • Demonstrated excellence in analytical, fact-based problem solving
  • Experience communicating complex and detailed information to multiple individuals and audiences with differing knowledge levels
  • Excellent presentation, time management, organizational and social skills
  • Ability to build effective work relationships, both internal and external, and establish credibility with business partners. This includes the ability to address difference of opinions and use the most appropriate method to reach an effective solution
  • Ability to adapt to constantly evolving business circumstances and environment
Responsibilities
  • Lead and partner in strategic projects focused on new product development aligning with the global and local category teams to select suppliers and leverage existing supplier relationships.
  • Source parts for new product launches, complete the RFQ process for new products/parts. Lead material availability for proto/pilot/ramp/launch of products.
  • Conduct material cost analysis, establish benchmarks, develop 'should cost' models and ensure the best total cost of ownership. Drive NPI initial cost management, track costs, negotiate pricing agreements and call out cost challenges as appropriate.
  • Coordinate and resolve issues regarding existing and new projects.
  • Lead multiple projects through all phases from concept to launch with time limited ongoing support.
  • Establish communication plans for project partners serving as the principle sourcing driver of product launches.
  • Ensure material availability during the transfer of products between manufacturing sites or during insourcing initiatives. Support resolution of supplier related issues during project phases. Resolve Supplier/Material Risk levels and drive mitigation actions.
  • Document and develop sourcing productivity opportunities for implementation by sourcing and value engineering teams following product launch.
  • Develop and deliver project level status updates and project dashboards teaming with sourcing analysts and cross functional teams.

Company Stage

IPO

Total Funding

N/A

Headquarters

London, United Kingdom

Founded

N/A

Growth & Insights
Headcount

6 month growth

8%

1 year growth

8%

2 year growth

8%
Simplify Jobs

Simplify's Take

What believers are saying

  • nVent's recognition as an ethical company enhances its reputation and attractiveness to potential employees and investors.
  • The company's innovative products, like the Lay-In Lock Shear Connector, position it as a leader in electrical safety solutions.
  • Significant investments from various financial entities indicate strong market confidence in nVent's growth potential.

What critics are saying

  • The departure of key personnel, such as the president of the enclosures segment, could lead to leadership gaps and strategic misalignments.
  • The sale of its electrical thermal solutions business might reduce nVent's diversification and revenue streams.

What makes nVent unique

  • nVent is recognized as one of the World's Most Ethical Companies, setting it apart in the electrical connection and protection industry.
  • The introduction of the Lay-In Lock Shear Connector showcases nVent's commitment to innovation in electrical safety and efficiency.
  • nVent's strategic acquisition of Trachte and the sale of its electrical thermal solutions business to Brookfield Asset Management highlight its focus on core competencies and market leadership.

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