Advanced Sourcing Specialist
Molex · Minneapolis, MN · 1 wk ago
On-sitePurchasing$85k–$120k/yrFull-time
About the role
The Molex Optical Connectivity Group is seeking a highly driven NPI Sourcing Specialist/Engineer to lead sourcing and supply chain activities for New Product Introduction (NPI) and New Product Development (NPD) programs.
Responsibilities
- Serve as the primary Supply Chain/Procurement representative for assigned NPI/NPD programs, ensuring sourcing decisions align to program objectives, customer requirements, and launch timelines.
- Partner cross-functionally with Design Engineering, Process Engineering, Product/Program Management, and Finance to translate technical requirements into actionable sourcing strategies.
- Participate in design reviews to influence component selection, manufacturability, and cost optimization.
- Develop and execute sourcing plans that deliver a fully costed Bill of Materials (BOM) aligned with lead-time, cost, and profitability targets.
- Leverage existing Molex components and suppliers whenever possible to reduce complexity, accelerate development, and maximize spend leverage.
- Identify, evaluate, and qualify new suppliers when needed for new technologies/capabilities, including capability assessments, audits, and supplier risk reviews.
- Lead supplier engagement for NPI activities, including early technical alignment, RFQs/quotes, and negotiation of pricing, lead-times, flexibility, and development support.
- Act as procurement project lead on cross-functional NPI teams, tracking milestones and ensuring on-time delivery of prototypes, pilot builds, and pre-production materials.
- Own program cost modeling and BOM roll-ups; monitor supplier lead-times and performance, proactively identifying supply risks and driving mitigation plans to protect schedules.
- Provide regular status updates to internal stakeholders (and customers as appropriate) and contribute to broader strategic initiatives (supplier consolidation, cost reduction, and market/technology trend inputs for long-term sourcing strategy).
Requirements
- Bachelor’s degree in Business, Supply Chain Management, or Economics
- 5+ years in sourcing or procurement within a manufacturing or OEM environment
- Experience in ERP/MRP systems (e.g., NetSuite, SAP)
- Proven experience managing complex Bill of Materials (BOMs)
- Experience in contract manufacturing or build-to-print environments
Qualifications
- Demonstrated experience supporting New Product Development (NPD) programs
- Experience in Fiber Optic Manufacturing operations and related components
Skills
- Technical understanding
- Strategic sourcing capability
- Supplier management experience
- Strong cross-functional collaboration
Benefits
- Medical
- Dental
- Vision
- Flexible Spending and Health Savings Accounts
- Life Insurance
- Disability
- Retail
- Paid Vacation/Time Off
- Education Assistance
- May also include infertility assistance, paid parental leave and adoption assistance
Pay
$85,000 - $120,000 per year
Schedule
This is a hybrid role based in Lisle, IL, Hudson, WI, or Eden Prairie, MN.