Sourcing Manager - New Products

Strategic Sourcing Manager

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.

Drive strategic sourcing and supplier collaboration by aligning category management, product development, and cross-functional teams to support new product initiatives and serial production through market analysis, supplier negotiations, and long-range planning. Lead efforts in supplier engagement, risk management, and cost optimization while ensuring category strategies are executed effectively across development phases and supply chain operations.

This position can office out of St Louis Park, MN or Madison, WI.

What You Will Experience In This Position :

• Coordinate with category management teams to develop detailed market and competitive analysis through insight on new product development priorities and markets.
• Consult in supplier negotiations bringing to bear program and product market intelligence, forecasts, etc. Partner with category sourcing to ensure favorable sourcing agreements to support both NPI program and serial production.
• Develop and maintain close working relationships with cross-functional business partners to ensure that business requirements are understood and translated into effective material category strategies.
• Coordinate with program and business leadership to develop metrics and ensure that "true north" objectives are measured and achieved.
• Participate in sourcing category long-range planning processes and establish program encouraging annual category objectives and strategies.
• Ensure that category sourcing strategies are followed by new product development teams, including analysis and review of customer requirements, product requirements, quality requirements, market conditions, supplier capabilities, the approved supplier list, and category strategic plans.
• Coordinate resources for focused supplier lean initiatives, design for manufacturing (DFM), and risk management related to critical programs.
• Lead and mentor strategic sourcing and purchasing activity from ideation phases through early prototype phases into serial production.
• Promote early supplier involvement in new product development teams to drive down costs, improve manufacturability of parts for suppliers, and maintain the highest quality of products. Provide forums for new potential and existing suppliers to share the latest technologies with engineering and sourcing teams.
• Plan & mobilize resources of the supply chain management project team to fulfill program and project plans including : Category Management, Supplier Development / Supplier Quality, NPI Supply Specialists.
• Partner with NPI Supply Specialists, Category Management, Product Management, Engineering, etc. to build and complete funnel building and ideation for PPV, VAVE, and Other Margin Expansion opportunities.

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Pay Transparency nVent's pay scale is based on the expected range of base pay for this job and the employee's work location. Employee pay within this range will be based on a combination of factors including knowledge, skills, abilities, experience, education, and performance. Where federal, state, or local minimum wage requirements exist, employee pay will comply. Compensation Range : $123,500.00 - $229,500.00 Depending on the position offered, employee may be eligible for other forms of compensation, such as annual incentives.

Benefit Overview At nVent, we value our people and their health and well-being. We provide a broad benefits package with meaningful programs for eligible full-time employees that includes :

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.