Strategic Sourcing Specialist

Sourcing & Supplier Selection Specialist

Have you ever used the self-checkout in a Walmart? Maybe you grabbed a drink from a vending machine or paid to park your car? If you've answered with a resounding "YES", then you've done so with the aid of one of the 10 million devices designed and manufactured by Crane Payment Innovations (CPI).

We make the technology that powers your everyday life, enabling more than 4 billion transactions every week in more than 143 currencies worldwide. From cash and coins to cards and mobile, we keep the world of payments moving with smart validation devices and business management software.

Headquartered in Malvern, PA, CPI is supported by : >

2,500 global associates, 7 manufacturing sites, 12 corporate offices and 43 service branches.

What You'll Be Doing Key Responsibilities

• Lead sourcing for new product launches
• Analyze quotes, select suppliers with Commodity team
• Ensure cost targets and timelines are met while ensuring compliance with new product inventory purchase guidelines
• Negotiate pricing, delivery, and terms for key components
• Handle mid-level agreements; support larger contracts with Commodity Managers
• Build should-cost, make Vs buy and mfg. strategy models
• Develop productivity funnels early in the product development phase
• Research market trends and new suppliers
• Align sourcing decisions with commodity strategies
• Represent Supply Chain, Manufacturing, and Quality in NPD teams
• Track tooling, samples, and supplier readiness for builds
• Coordinate handoff to production teams
• Support ramp-up / ramp-down and balance inventory overages and gap risks

Who We're Looking For Qualifications & Skills

What We're Offering

CPI is part of Crane NXT. Crane NXT is a premier industrial technology company that provides proprietary and trusted technology solutions to secure, detect, and authenticate what matters most to its customers. The company is a pioneer in advanced, proprietary micro-optics technology for securing physical products, and its sophisticated electronic equipment and associated software leverages proprietary core capabilities with detection and sensing technologies. Crane NXT has approximately 4,000 employees with global operations and manufacturing facilities in the United States, the United Kingdom, Mexico, Japan, Switzerland, Germany, Sweden, and Malta. For more information, visit www.cranenxt.com.

Crane Payment Innovations is committed to hiring a diverse workforce. Applicants will receive consideration without regard to race, color, religion, sex, gender identity, sexual orientation, age, disability, military status, or national origin or any other characteristic protected under federal, state, or applicable local law.