Sr. Sourcing Engineer - Molex
Lisle, IL 60532
About the Job
Molex is seeking a Sr. Sourcing Engineer to manage our New Product Development Sourcing for the DataCom & Specialty Solutions (DSS) division. This role will serve as the sourcing single point of contact for the product development teams supporting the sourcing activities of all BOM line items for the assigned product development projects. During the project(s) development you will work with Global Category Management and Regional Category Management teams to execute sourcing and supplier strategies.
Molex is seeking an individual with proven leadership skills, the ability to promote cross-functional collaboration between business groups, drive communication and work to foster a culture of innovation providing value to the business. This role will be in Lisle, IL or Conway, AR (Hybrid).
What You Will Do
- Partner with Molex design teams throughout Product Development process to manage BOM cost through Product Launch
- New product supplier identification, sourcing, selection and contracting for the DSS division
- Bring Design to Value (Manufacturing, Quality, Cost, etc.) viewpoint to Product design teams
- Conduct should-cost and make vs. buy analyses to support sourcing decision
- Negotiate terms as required and in accordance with internal policies
- Apply appropriate category strategies in line with preferred suppliers (Metals, Plastics, Electronics, and Outsourcing etc.) to new product sourcing needs
- Proactive supply risk management in the new product development process and initial volume phase.
- Monitor sourcing and procurement innovation trends in the marketplace
- Assist Division RCM team aligned with team's goal and strategy.
- May require business travel domestic and international up to 15%.
Who You Are (Basic Qualifications)
- Bachelor's Degree
- 12 or more years' experience in the Procurement function focused on direct spend
- 7 years' experience in New Product Development Sourcing
What Will Put You Ahead
- Strong management and leadership skills with the ability to motivate and drive accountability
- Clear and concise verbal and written communication skills with the ability to interact at all levels within the organization as well as deliver oral presentations on moderately complex subject matter
- Demonstrated experience driving cross functional collaboration across business units and geographies
- Critical thinking and problem-solving skills
At Koch companies, we are entrepreneurs. This means we openly challenge the status quo, find new ways to create value and get rewarded for our individual contributions. Any compensation range provided for a role is an estimate determined by available market data. The actual amount may be higher or lower than the range provided considering each candidate's knowledge, skills, abilities, and geographic location. If you have questions, please speak to your recruiter about the flexibility and detail of our compensation philosophy.
Hiring Philosophy
All Koch companies value diversity of thought, perspectives, aptitudes, experiences, and backgrounds. We are Military Ready and Second Chance employers. Learn more about our hiring philosophy here .
Who We Are
As a Koch company, Molex is a leading supplier of connectors and interconnect components, driving innovation in electronics and supporting industries from automotive to health care and consumer to data communications. The thousands of innovators who work for Molex have made us a global electronics leader. Our experienced people, groundbreaking products and leading-edge technologies help us deliver a wider array of solutions to more markets than ever before.
At Koch, employees are empowered to do what they do best to make life better. Learn how our business philosophy helps employees unleash their potential while creating value for themselves and the company.
Our Benefits
Our goal is for each employee, and their families, to live fulfilling and healthy lives. We provide essential resources and support to build and maintain physical, financial, and emotional strength - focusing on overall wellbeing so you can focus on what matters most. Our benefits plan includes - medical, dental, vision, flexible spending and health savings accounts, life insurance, ADD, disability, retirement, paid vacation/time off, educational assistance, and may also include infertility assistance, paid parental leave and adoption assistance. Specific eligibility criteria is set by the applicable Summary Plan Description, policy or guideline and benefits may vary by geographic region. If you have questions on what benefits apply to you, please speak to your recruiter.
Additionally, everyone has individual work and personal needs. We seek to enable the best work environment that helps you and the business work together to produce superior results.
Equal Opportunities
Equal Opportunity Employer, including disability and protected veteran status. Except where prohibited by state law, some offers of employment are conditioned upon successfully passing a drug test. This employer uses E-Verify. Please click here for additional information.