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Full-Time

Sourcing Engineer

Posted on 7/29/2024

quip

quip

51-200 employees

Direct-to-consumer oral care products and services

Healthcare
Consumer Goods

Compensation Overview

$110k - $125kAnnually

Senior, Expert

New York, NY, USA

Category
Procurement & Sourcing
Operations & Logistics
Required Skills
Communications
Management
Data Analysis
PowerPoint/Keynote/Slides
Requirements
  • 7+ year directly related Supply Chain experience working with electro-mechanical products
  • BS in Electrical or Mechanical Engineering or Supply Chain
  • Demonstrated strength in data analytics and process improvement skills
  • Excellent project management and organizational skills with attention to detail
  • Experience working with Chinese Contract Manufacturers
  • Experience in multicultural negotiations, contracting and supplier management activities
  • Sound knowledge of sourcing processes and experience leading contract negotiations
  • Must be able to read and interpret engineering prints and drawings
  • PLM system experience
  • CAD experience (Solidworks preferred)
  • Advanced knowledge of Microsoft Office products (Excel, PowerPoint, Project, Word, & Outlook)
  • Comfortable with challenging the status quo
  • Clear, energetic, and engaging presentation and communication skills
  • Ability to work with a team or independently and be a self-starter
  • Possesses strong communication skills, written and verbal
  • Willingness to travel as needed (approx. 20-25%)
  • Outstanding negotiation skills and excellent analytical ability to identify and exploit key opportunities.
  • Previous background using Six Sigma Methodologies and lean manufacturing preferred
Responsibilities
  • Collaborate with functional teams and peers to ensure an uninterrupted supply of materials while optimizing cost, lead-time, and quality.
  • Review engineering BOMs and drawings to identify opportunities for cost reduction through negotiation, competitive quotation, and alternate sourcing.
  • Become the subject matter expert for strategic commodities.
  • Identify materials and components for consolidation potential.
  • Negotiate Finished Goods & critical components Cost, Tooling Costs, Minimum Order Quantity, Lead Times and Delivery Schedules with Suppliers
  • Develop Sourcing Plans that document Early Supplier Involvement, Supply Selection, Risk Mitigation Plans, Capacity Management and Supplier Ramp Up Plans and ensure the plans are executed.
  • Drive Supply Base Selection by ensuring consensus with Engineering, Operations & Quality Managers to meet the business needs
  • Identify key items for which it is crucial to have alternate suppliers
  • Identify new suppliers to meet business needs
  • Assess Supplier’s Capability with similar parts analysis or through demonstrated process controls on key manufacturing processes.
  • Lead the bidding process for new products
  • Provide overall Sourcing guidance for New Products that will be designed in-house and manufactured at internationally located Contract Manufacturers
  • Work with CM’s to determine quantities and timing of materials to control inventory flow to the prototype floor and ensure continuity of supply in transitioning to production schedules.
  • Responsible for the timely acquisition of material. Analyze pre-production purchasing requirements to generate and manage purchase orders for engineering demands.

Quip focuses on improving oral health through its range of electric toothbrushes and other oral care products. Their toothbrushes feature a 2-minute timer and sonic vibrating bristles, designed with input from dental professionals. These toothbrushes can last up to three months on a single charge or with a replaceable battery. Quip also offers refillable products like floss, mouthwash, gum, and anticavity toothpaste, which are delivered to customers every three months through a subscription service. Additionally, they provide custom dental care items such as whitening trays and guards, which are more affordable than those from dentists. Quip stands out from competitors by offering virtual dental care services, allowing customers to access dental advice remotely. The company's goal is to make quality oral care accessible and convenient for consumers, primarily through direct sales and a subscription model.

Company Stage

Series B

Total Funding

$205.8M

Headquarters

New York City, New York

Founded

2014

Growth & Insights
Headcount

6 month growth

1%

1 year growth

-11%

2 year growth

-25%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $40M funding round and $100M cash infusion position Quip for significant growth and expansion into new consumer products and professional services.
  • Acquisitions like Toothpic enable Quip to offer a 360-degree oral health service, enhancing its market presence and customer value proposition.
  • The launch of innovative products like vitamin-enhanced mints and rechargeable electric toothbrushes demonstrates Quip's commitment to continuous product development and market differentiation.

What critics are saying

  • The highly competitive oral care market requires Quip to continuously innovate to maintain its market position.
  • Dependence on the subscription model may pose challenges if customer retention rates decline.

What makes quip unique

  • Quip's direct-to-consumer model with a subscription service for refillable products ensures consistent customer engagement and loyalty, unlike traditional retail models.
  • The integration of virtual dental care and custom dental products at lower costs provides a comprehensive and affordable oral care solution, setting Quip apart from competitors.
  • Quip's sleek, dentist-designed products combined with features like a 2-minute timer and sonic vibrating bristles offer a unique blend of functionality and aesthetics.
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