Sourcing Category Manager - Electronics

About the role:The Sourcing Category Manager is responsible for developing and implementing analytical and robust approaches to drive sourcing strategies that result in lower total costs, greater supplier value contributions and a sustainable competitive advantage within key sourcing categories. Your responsibilities will include:Gathering market intelligence and trends for the commodity and sub-commoditiesIdentifying all suitable suppliers per commodity and region per sample RFQ to develop comprehensive knowledge and supplier database Negotiating complex contracts with critical supply partners to company standards and strategic objectives are exceeded.Guiding respective internal leads through a holistic and systematic category approach to material and supplier selection and management; identify insourcing and outsourcing opportunitiesManaging strategic supplier relationships according to the commodity strategy and strategic differentiators for each supplierCollaborating with stakeholders to identify and mitigate risks within the commodity Promoting continuous value improvement for all aspects of quality, service, and cost with assigned supply baseManaging supplier performance and identifying Value Improvement Programs to improve the total cost of ownership (TCO) Establishing an optimal balance between collaborative engagement and competitive pressure with supply base to ensure the maximum value is realized, including negotiations on supplier contracts and value improvements Overseeing the annual budget process for assigned suppliers and resolving systematic issuesEstablishing early involvement to achieve development performance goals, support project timelines, and manage product cost Required qualifications: Bachelor’s Degree in Supply Chain, Engineering, Business or a related field Minimum 5yrs of experience in strategic sourcing, supply chain management, or supplier relationship management Proficient with MS Excel and other applications (i.e. Word, PowerPoint, MS Project etc.) Ability to travel up to 20% Preferred qualifications: Master’s Degree or professional certification (i.e. CPSM, CPIM, CSCP, PMP, Lean Six Sigma, etc.) Experience sourcing for electronic components and suppliersExperience working in medical device or similar regulated industry.Strong decision-making and negotiation skills, ability to influence internal and external teamsAbility to work independently and collaborate with cross-functional teams to complete projects Strong interpersonal skills, with ability to communicate effectively with individuals on all levelsStrong critical thinking and analytical skills: process and results-orientedDetail oriented with strong organizational skills; ability to multi-task and prioritize competing responsibilities effectively