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Product Development Sourcing Lead at GTT LLC

Posted in General Business 30+ days ago.

This job brought to you by eQuest

Type: Full-Time
Location: Woburn, Massachusetts

Job Description:


Title: Product Development Sourcing Lead


Location: Woburn, MA 01801


Employment Type: Full-Time


Industry: Automotive


Salary Range: $110,000 to $127,000 a year

Job Details:


  • The qualified Product Development Sourcing Lead will have strong background in technical procurement and sourcing of mechanical, electro-mechanical parts and assemblies.

  • Handle all the activities related to Global Commodity Management of sourced suppliers and Contract Manufacturers

  • Lead Global Sourcing initiatives including localization, Best Cost Country (BCC), productivity, rationalization of supply base, cycle reduction, on time delivery and quality improvements.

  • With the Director of Supply Chain, develop a global and comprehensive commodity strategy and supply base that ensure a competitive environment for both volume production and prototype supply

  • Develop negotiations strategies and drive negotiations to achieve specific terms and conditions in accordance with the strategy, by driving the supplier identification, selection, development, and overall supplier management

  • Manage RFQs and prepare sourcing recommendations and negotiate long term supply agreements

  • Lead or support key supplier negotiations & contractual arrangement

  • Support new product development efforts to ensure timely supplier & cost information

  • Use knowledge of forecast, projected needs, supplier capacity, inventory goals and lead times in order to buy material in a timely manner at the lowest total cost for the business

  • Manage contract manufacturer commercial process and performance

  • Monitor supplier performance related to assigned suppliers and manage improvements if required

  • Track and communicate lead times, technical requirements, milestones, and timelines with both engineering departments and suppliers

  • Ensure Project management for components / suppliers within the purchasing group

  • Establish and maintain detailed costed BOMs for all products

  • Assist with JIT, Kan Ban, or other logistics systems set up, as needed


Qualifications:


  • A Procurement or Engineering degree is preferred

  • The qualified Product Development Sourcing Lead is required to have at least 7 years of relevant procurement and sourcing experience.

  • Strong supplier management and negotiating skills, from RFQ to closing contracts

  • Proficient in analyzing data and convert it into activities that lead to improved terms

  • The qualified Product Development Sourcing Lead will have both technical and operational expertise

  • Strong assembly background to support complex technical sourcing projects

  • Strong candidates will have spent time in a fast-paced environment, managing a variety of different outsourced components, processes and associated tooling, and have a solid track record on closing larger contracts and achieving strong year over year cost reductions

  • Experience in the automotive industry and/or with hydraulic assemblies is a strong plus.

  • The Product Development Sourcing Lead will have no supervisory responsibilities.



 

Work Environment:


  • We offer growth opportunities for motivated professionals and a great compensation package including, dental insurance, medical insurance, unlimited vacation and sick time and more! 

  • Position Type/Expected Hours of Work This is a full-time position.

  • Days and hours of work are Monday through Friday, 8:30 a.m. to 5:00 p.m.

  • This position regularly requires long hours and occasional weekend work is expected.

  • Travel up to 20%, and is primarily local during the business day, although some out-of-area and possible out-of-country travel may be expected.