Sourcing Lead
nVent
We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.
**WHAT YOU WILL EXPERIENCE IN THIS POSITION:**
+ Establish and maintain a robust and reliable global supply base to ensure the timely procurement of goods and commodities.
+ Implement and handle long-term supplier agreements that deliver best-in-class quality, on-time delivery, favorable terms, and optimal total cost.
+ Lead cross-functional teams to achieve year-over-year company financial objectives, providing recommendations for alternate suppliers, designs, and materials to drive cost reductions.
+ Generate and meticulously analyze quotations and bids, championing the use of cost breakdown analyses to enhance negotiation strategies.
+ Rigorously evaluate existing and potential suppliers based on their technical/manufacturing capabilities, quality systems, cost competitiveness, and responsiveness.
+ Monitor global commodity indexes and macro-environment trends to ensure an uninterrupted flow of product at current or improved costs.
+ Proactively research and qualify alternate sources of supply, coordinating the selection and qualification process.
+ Collaborate closely with New Product Development, Quality, and Engineering to assess and ensure robust supplier capabilities.
+ Drive continuous improvement initiatives with suppliers utilizing methodologies such as VA/VE, Kaizen and VMI / Stocking Agreements.
+ Initiate all necessary correspondence and direct contact to expedite purchased goods, revise purchase orders, effect cancellations, improve terms, resolve rejected goods and rework costs, adjust invoice discrepancies, and rectify other related issues.
+ Meet timelines and performance objectives by consistently driving task completion.
**YOU HAVE:**
+ Bachelor's degree in Supply Chain, Engineering, Industrial Engineering, or Operations is required.
+ 5+ years of experience in a sourcing role for an industrial manufacturing company preferred.
+ Experience in establishing and maintaining strong business relationships with suppliers to achieve organizational goals.
+ Expertise in contract development and advanced negotiation techniques.
+ Comprehensive knowledge of manufacturing processes, material and production control, material specifications, and lean manufacturing/continuous improvement principles.
+ Ability to lead cross-functional project teams effectively.
+ A resourceful and proactive approach to make decisions and take action to prevent material shortages or losses, staying abreast of market trends, alternative processes, new technologies, and costs.
+ Experience with formal problem-solving tools and reporting (e.g., 8D, PDCA, 5 Why's, A3).
+ The ability to communicate effectively across all levels of the organization and globally, with flexibility to accommodate differing time zones.
+ Up to 25% travel internationally to locations including the US, Mexico, India, China, and Europe.
**WE HAVE:**
+ A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day
+ nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation.
+ Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com .
+ Commitment to strengthen communities where our employees live and work
+ We encourage and support the philanthropic activities of our employees worldwide
+ Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money
+ Core values that shape our culture and drive us to deliver the best for our employees and our customers. We’re known for being:
+ Innovative & adaptable
+ Dedicated to absolute integrity
+ Focused on the customer first
+ Respectful and team oriented
+ Optimistic and energizing
+ Accountable for performance
+ Benefits to support the lives of our employees
**Benefit Overview**
At nVent, we value our people and their health and well-being. We provide a broad benefits package with meaningful programs for full-time employees that includes:
+ Medical, dental, and vision plans along with flexible spending accounts, short-term and long-term disability benefits, critical illness, accident insurance and life insurance.
+ A 401(k) retirement plan and an employee stock purchase plan — both include a company match.
+ Other supplemental benefits such as tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off including volunteer time, a well-being program, and legal & identity theft protection.
At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other’s authenticity because we understand that uniqueness sparks growth.
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At nVent, we are committed to equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by national, federal, state or local law.
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