We are searching for a talented Sourcing Engineer to join our team. If you are looking for a way to accelerate your career and be part of a great company, this may be the opportunity for you!
In this role you will be responsible for Sourcing project planning and flawless launch. Lead and drive launch readiness and production ramp up activities, BOM costs accuracy, MOQ’s, lead times and collaborate with the Design centers, Supply Base Management & Cross Functional teams to ensure flawless launch. You will support market analysis in collaboration with Category Management and Business Unit Product Development Teams, to design a Sourcing Strategy that supports the objectives of the project, mitigates supply risk, and leverages the Molex Approved Vendor List. You will also Drive economic value to the Business through supplier negotiations, VAVE Implementations and Procurement Execution
What you will do in your role:
- Partner with Molex design teams throughout Product Development Process to manage BOM cost through Product Launch
- New product supplier identification, sourcing, selection and contracting for the TIS division
- Aggressively negotiate terms as required and in accordance with internal policies
- Improve New Product Sourcing processes and increase efficiencies by partnering with technical design teams
- Ensure Category Strategies are implemented on new projects and serial production projects.
- Lead and drive VAVE workshop and regional supplier negotiations (Direct)
- Proactive supply risk management in the new product development process
- Monitor sourcing and procurement innovation trends in the marketplace, while continuing to identify process improvement opportunities and implement best supply chain practices
- Collaborate with Global Supplier Quality (GSQ) and Plant Quality on supplier and customer audits/assessments and supply base quality issues/cost recovery.
- Direct Material shortages & Supplier risk mitigation
- Consolidate supply base and spend across different new programs/projects and leverage supply base to optimize BOM costs
- Bachelor's degree in engineering and/or supply chain management
- 2+ year's experience in direct sourcing within a procurement function focused on electrical and mechanical categories
- Experience in advanced purchasing or new product development sourcing
- Experience in supplier onboarding
- Automotive industry procurement experience
At Koch companies, we are entrepreneurs. This means we openly challenge the status quo, find new ways to create value and get rewarded for our individual contributions. Any compensation range provided for a role is an estimate determined by available market data. The actual amount may be higher or lower than the range provided considering each candidate's knowledge, skills, abilities, and geographic location. If you have questions, please speak to your recruiter about the flexibility and detail of our compensation philosophy.
Hiring Philosophy
All Koch companies value diversity of thought, perspectives, aptitudes, experiences, and backgrounds. We are Military Ready and Second Chance employers. Learn more about our hiring philosophy here.
Who We Are
As a Koch company, Molex is a leading supplier of connectors and interconnect components, driving innovation in electronics and supporting industries from automotive to health care and consumer to data communications. The thousands of innovators who work for Molex have made us a global electronics leader. Our experienced people, groundbreaking products and leading-edge technologies help us deliver a wider array of solutions to more markets than ever before.
At Koch, employees are empowered to do what they do best to make life better. Learn how our business philosophy helps employees unleash their potential while creating value for themselves and the company.
Our Benefits
Our goal is for each employee, and their families, to live fulfilling and healthy lives. We provide essential resources and support to build and maintain physical, financial, and emotional strength - focusing on overall wellbeing so you can focus on what matters most. Our benefits plan includes - medical, dental, vision, flexible spending and health savings accounts, life insurance, ADD, disability, retirement, paid vacation/time off, educational assistance, and may also include infertility assistance, paid parental leave and adoption assistance. Specific eligibility criteria is set by the applicable Summary Plan Description, policy or guideline and benefits may vary by geographic region. If you have questions on what benefits apply to you, please speak to your recruiter.
Equal Opportunities
Equal Opportunity Employer, including disability and protected veteran status. Except where prohibited by state law, all offers of employment are conditioned upon successfully passing a drug test. This employer uses E-Verify. Please visit the following website for additional information: http://www.kochcareers.com/doc/Everify.pdf