Boyd Thermal by Eaton - Strategic Sourcing Manager
Boyd · Virginia, United States · 1 wk ago
PurchasingFull-time
Essential Duties
- Responsible for all supplier commercial relationships within the assigned business areas, securing targeted levels of cost, quality, delivery, sustainability, and supply continuity.
- Develop and implement assigned Supplier strategies that meet internal and external customer demands.
- Support new product development activities across the business unit by setting supplier strategies, managing costs to meet product margin goals, and helping to launch product to mass production.
- Complete and manage the lifecycle of supplier contracts including corporate agreements, annual pricing negotiations and awards, payment terms, and inventory.
- Develop and align Supplier technical roadmaps in partnership with Sales and Engineering.
- In working with sites, is responsible for supplier performance and rating based on Key Performance Indicators (KPI) for Quality, Delivery, and Cost.
- Drive Supplier and spend consolidation across multiple sites within the NA region in alignment with corporate goals and direction.
- Find, assess, and develop new Suppliers as needed in accordance with corporate direction and in alignment with Sales and Engineering.
- In working with sites, assess and complete Purchase Price Variance (PPV) activities including budgeting, forecasting, and reducing PPV impact to the business.
- Support sites on a when-needed basis to ensure critical customer service levels are maintained through supplier escalation, alternate sourcing, secondary sourcing.
- Able to travel internationally to support development and launch activities.
Required Qualifications
- Bachelor’s Degree in Supply Chain Management, Business Administration, or relevant field
- Minimum 5 years of business or procurement experience
- Experience negotiating with suppliers in a low volume manufacturing business
- Background in electronic (printed circuit board assembly, wire/cable assemblies, controls, semiconductors) and thermal (pumps, fans, compressors) components
- Desired Experience with metal fabrication technologies is a plus
- Master’s Degree in business
- Leadership and change management experience
- Previous experience in a high mix / low volume manufacturing environment
- Experience in international supply chain management, incoterms, and landed costs
- Second language ideal
Required Skills and Capabilities
- Extensive knowledge of the procurement environment to be able to analyze business issues, recommend solutions and strategies and implement change
- Strong knowledge of the strategic sourcing methodology and its application (e.g. fact based negotiations and cross functional team collaboration)
- Strong knowledge of assigned categories
- Demonstrated ability to effectively manage strategic supplier relationships, including relationship building, performance improvement, development, and integration
- Demonstrated understanding the importance of customer service and internal stakeholder management
- Results-oriented and demonstrated ability to effectively manage multiple priorities simultaneously and meet critical deadlines in a fast-paced environment
- Strong negotiation skills, including an understanding of legal terms and conditions
- Strong analytical skills, including a demonstrated ability to synthesize, interpret, and communicate market and competitive data
- Excellent organizational and problem-solving skills
- Excellent verbal and written communication skills
- Excellent interpersonal skills and the ability to work with multiple organizations and develop high-quality working internal and external relationships
- Flexibility and able to adapt to a fast-paced, rapidly changing work environment with unexpected issues or events
- Proficiency in MS Office applications (Outlook, Teams, Word, Excel, PowerPoint, Project)
- Ability to maintain confidentiality regarding proprietary company information
- Ability to travel up to 50% to domestic and/or international sites as required