Strategic Sourcing Manager - Electronic Components

Description Mini-Circuits designs, manufactures and distributes integrated circuits, modules, and sub-systems for high-performance radio frequency (RF) and microwave applications. With design, sales and manufacturing locations in over 30 countries, Mini-Circuits' products are used in a range of wired and wireless communications applications. Our products are also used in detection, measurement and imaging applications, including military communication, guidance and electronic countermeasure systems, commercial, scientific, military land, sea and aircraft; automotive systems, medical systems, and industrial test equipment. Mini-Circuits' sells its products to over 20,000 customers globally through our direct sales force, applications engineering staff, sales representatives, as well as through our extensive website. Position Summary: Reporting to the Director of Global Sourcing, the Strategic Sourcing Manager will be responsible for managing our global supplier relationships, total overall spend, and strategic procurement for the supply categories they manage as well as their financial and operational performance. The role's responsibilities will cover the entire sourcing and procurement process, including strategy development and execution, risk management, supplier identification and selection, negotiation, order management, invoice resolution, reporting, and budget forecasting. The Strategic Sourcing Manager will also work closely with Mini-Circuit's Engineering, Quality, and NPI teams to enhance our global product generation process to ensure we incorporate our strategic supplier partnerships in our new product innovation process. Salary Range: $103,300 - $154,900 per year Job Function: Develop and lead the implementation of global strategic sourcing and risk mitigation strategies for the supply categories managed. Align strategies to Mini-Circuits' overall business strategy and new product growth initiatives. Build and manage relationships with key internal stakeholders across Mini-Circuits sites to ensure successful execution and alignment of sourcing/risk strategies and ongoing supplier activities. Build and maintain strong supplier partnerships. Conduct regular business reviews with suppliers to maximize Total Procured Value and drive continuous operational and financial supply chain improvement. Manage sourcing, requests for information, quotations, proposals, and bidding processes. Negotiate pricing and commercial terms of supply agreements to deliver Mini-Circuits Total Procured Value objectives. Work with the Supplier Quality team to assess new and existing supplier capabilities, and drive performance improvement to ensure all raw material/component/product purchases meet Mini-Circuits quality requirements. Achieve annual financial and operational objectives/goals. Work with suppliers and internal teams to identify VA/VE opportunities and lead initiatives to drive cost-out, eliminate inefficiencies, and achieve supply surety. Proactively communicate and collaborate with internal engineering, quality, supply chain, manufacturing, and product development teams on supply chain-related statuses, priorities, and issue resolution. Continuously evaluate supplier category markets to evaluate new suppliers, report on market conditions, and understand trends related to cost drivers and global pricing, to ensure our strategic sourcing competitiveness. Maintain clear, effective, timely, and regular communication at all levels within the company. Define, develop, and implement regular and detailed reporting to management as required. Rapidly synthesize and communicate potential supply issues to senior leaders and relevant stakeholders while proactively identifying and acting upon mitigation and/or resolution activities to eliminate or minimize any adverse impact to material flow. In collaboration with Product Development and QA, align all specifications and documentation between Mini-Circuits and our strategic suppliers. Supervisory Responsibilities: As an experienced Sourcing professional, the Strategic Sourcing Manager will be looked at as an expert in the department to help provide guidance and direction to less experienced buyers. The duties, responsibilities, and expectations described above are not a comprehensive list and additional tasks may be assigned to the member, within the scope of the position. Qualifications: Bachelor's Degree in Supply Chain, Business, Materials Management, Engineering, or similar preferred. 8+ years' experience in operations and/or supply management with 4+ years of sourcing/supply management experience. Professional certification in supply chain, such as CPSM or equivalent desired. Experience sourcing various electrical/electronic components (active, passive, electro-mechanical). Strong knowledge of global electronics supply chains, including OEM's, contract manufacturers / EMS, distributors, etc. Demonstrated track record of managing a strategic sourcing capability, driving strategy and operational performance, and delivering total procurement value. A passion for collaboration, a commitment to continuous improvement, and a strong customer focus with a bias toward over-communicating. Proficient in effectively leading cross-functional, multi-location projects globally. Familiarity with Bills of Materials and manufacturing processes. Strong oral, written, and presentation skills with the ability to influence using data, risk/benefit analysis, and your skills in fostering relationships and building trust. Proficiency in Microsoft Office Suite Products (Excel, PowerPoint, Word, etc.) required. Experience with ERP, E Sourcing platforms, & RFQ tools. Working knowledge of contractual terms, clauses, and conditions preferred. Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk and hear. The employee frequently is required to stand, walk, sit, and use their hands to operate a computer keyboard. The employee is occasionally required to reach with hands and arms. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and the ability to adjust focus. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. Additional Requirements/Skills: Travel, both domestic and international, to visit suppliers, Mini-Circuits facilities, tradeshows, etc. will be required (Up to ~30%). Comply, understand, and support corporate safety initiatives to ensure a safe work environment. Ability and willingness to abide by the Company's Code of Conduct. Valid driver's license and ability to drive for extended periods of time. Disclaimer: The listed qualifications and requirements for each position are intended as guidelines. Mini-Circuits reserves the right to hire outside of these guidelines at Management's discretion. Mini-Circuits is an Equal Opportunity Employer and does not discriminate on the basis of actual or perceived age, race, creed, color, national origin, sexual orientation, military status, sex, disability, predisposing genetic characteristics, marital status, familial status, gender identity, gender dysphoria, pregnancy-related condition, and domestic violence victim status or protected class characteristic, or any other protected characteristic as established by federal or state law.

Created: 2024-11-02