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Engineer (or Snr. Engineer), New Product Development Sourcing
Our Team
NPD Sourcing
Molex is seeking a Sourcing and Procurement professional to manage our new product across the Consumer & Commercial Solutions (CCS) division. This role reports to the Sr. Manager, CCS NPD sourcing and Malaysia SBM (Supplier Based Management) Lead. As an engineer of New Product Development Sourcing, you will be responsible for Sourcing, project planning and management, executing sourcing events, developing BOM cost models and regular reports to management. You will serve as the sourcing single point of contact for the product development teams supporting the sourcing activities of all BOM line items for product development projects. During the project execution you will work with category management and SBM team to execute sourcing and supplier strategies. As the project gets closer to launch, you will work with Division sourcing for mass production hand over. You will assist the sourcing systems team to complete SAP set up. This role is also challenged to improve the supplier selection process and innovation through the new product introduction process. As an engineer of New Product Development Sourcing, you support market analysis and RFI process to find potential new suppliers in low cost countries. Developing new strategic suppliers in low cost country is an important business imperative and this role is key to achieving this goal amongst supporting new product lunch goals such as new business win rate and costing accuracy of products.
Molex is seeking an individual with proven leadership skills, promote cross-functional collaboration between business groups, drive communication and work to foster a culture of innovation providing value to the business.
What You Will Do (Job Description)
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.
Engineer (or Snr. Engineer), New Product Development Sourcing
Our Team
NPD Sourcing
Molex is seeking a Sourcing and Procurement professional to manage our new product across the Consumer & Commercial Solutions (CCS) division. This role reports to the Sr. Manager, CCS NPD sourcing and Malaysia SBM (Supplier Based Management) Lead. As an engineer of New Product Development Sourcing, you will be responsible for Sourcing, project planning and management, executing sourcing events, developing BOM cost models and regular reports to management. You will serve as the sourcing single point of contact for the product development teams supporting the sourcing activities of all BOM line items for product development projects. During the project execution you will work with category management and SBM team to execute sourcing and supplier strategies. As the project gets closer to launch, you will work with Division sourcing for mass production hand over. You will assist the sourcing systems team to complete SAP set up. This role is also challenged to improve the supplier selection process and innovation through the new product introduction process. As an engineer of New Product Development Sourcing, you support market analysis and RFI process to find potential new suppliers in low cost countries. Developing new strategic suppliers in low cost country is an important business imperative and this role is key to achieving this goal amongst supporting new product lunch goals such as new business win rate and costing accuracy of products.
Molex is seeking an individual with proven leadership skills, promote cross-functional collaboration between business groups, drive communication and work to foster a culture of innovation providing value to the business.
What You Will Do (Job Description)
- Partner with Molex BU design teams throughout Product Development process to manage BOM cost through Product Launch
- New product supplier identification, sourcing, selection and contracting for the CCS division
- Bring Design to Value (Manufacturing, Quality, Cost, etc.) viewpoint to Product design team
- Conduct should-cost and make vs. buy analyses to support sourcing decision
- Aggressively negotiate terms as required and in accordance with internal policies
- Negotiate legal terms under the guidance of the internal legal support team
- Improve New Product Sourcing processes and increase efficiencies by partnering with technical design teams
- Apply appropriate category strategies (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 SBM team aligned with team’s goal and strategy.
- Bachelor’s Degree
- 5 or more years’ experience in the Procurement function focused on direct spend
- 3 years’ experience in New Product Development Sourcing
- Fluent in business English
- 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
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.
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