Procurement Foundry
Location: all cities,CT, USA
Date: 2024-12-12T08:43:51Z
Job Description:
The BusinessFoxtronics EMS (or Company  ) is a manufacturer of printed circuit board assemblies (PCBAs), headquartered in Jacksonville, IL. The company was founded in 1999 and specializes in the support and manufacturing of circuit board assemblies spanning the full product lifecycle, from prototyping to long-run production. FOXTRONICS EMS's products are often designed to endure the harshest conditions faced by customers across a variety of end markets, including agriculture technology, commercial vehicle, robotics, medical and defense.They take great pride in building boards and control panels that have been designed and manufactured by some of the most experienced people in the industry and have continued to grow despite the uncertain economy.Activities: What does the jobholder have to do?ResponsibilitiesStrategic Vision & LeadershipDevelop and articulate a clear vision for sourcing excellence.Lead by influence and build strong relationships across departments, driving alignment with corporate goals through effective communication and leadership.Implement change initiatives with a focus on collaboration, empathy, and continuous improvement.Lead by example, creating an inclusive team culture that values innovation, collaboration, and continuous improvement.Cross-functional CollaborationBuild and maintain strong partnerships with key stakeholders, including finance, operations, and product development, ensuring that sourcing strategies are aligned with broader business goals.Facilitate regular communication and collaboration between internal teams to drive a shared understanding of priorities and objectives.Team DevelopmentSecure Strategic Sourcing talent through effective recruitment, hiring, retention, and development, ensuring that the team is equipped with the skills and tools needed to execute on strategic objectives.Provide coaching and feedback to support team members' development goals and drive high-quality deliverables. Focus on empowering the team to take ownership of key projects and develop leadership within the department.Total Cost ManagementDrive cost management discipline being the single largest owner of spend.Direct and implement the global sourcing strategy to lower company costs and minimize company risk that starts with analyzing spend, determining optimal sourcing strategies, establishing competitive bidding, negotiation, and terms and conditions requirements, to achieve desired results.Work with internal key stakeholders and a team of Sourcing Specialists to establish best sourcing solutions at both the local and regional level.Facilitate annual material cost roll and indirect planning processes, as the result of cost reduction activities and close monitoring and tracking of cost increase risks.Lead strategic initiatives related to cost management.Category StrategyDrive the implementation of relevant category strategies, to limit risk and optimize supplier & material selection.Cascade information through new product development and sustaining.Supplier Performance & Risk ManagementIdentify and lead programs that continually improve supplier performance in regard to safety, quality, delivery, cost, and corporate social responsibility initiatives, including supplier diversity.Contract ManagementManage contract creation, reviews, renewals and develop strategy for alignment and consistency to drive cost synergies.Drive consistency and optimal utilization of competitive bidding process, negotiations, and terms and conditions requirements to achieve desired results.Preferred Education and Experience:Bachelor's degree in Logistics, Supply Chain Management, Engineering, Business or other related disciplineMaster's degree or MBACPM or CPSM certification7+ years procurement / sourcing experience5+ years of experience of managing a teamQualifications:Experience with Strategic Sourcing, Negotiation, Supplier Evaluation, Commercial Contract Understanding, Risk Mitigation, Commodity Market Research, Index Pricing or Total Cost AssessmentsExperience with ERP systemsProven track record of driving and adapting to change in a dynamic environmentExperience in driving and managing strategic projectsExperience of stakeholder management at various levelsExperience of acting as a coach or mentorExperience as a global leader for all spend, sourcing development, and supplier metricsExperience with formulating and utilizing methods and system solutions for enhancing operational efficiencies and control over supplyAbility to thrive in a fast-paced environment with strong initiative and ability to work unsupervisedAttention to detail; able to draw conclusions from detailKnowledge of direct and indirect Strategic Sourcing concepts: Categorization, Supplier Performance Management, Cost Management, Contract Management, Corporate Social Responsibility, Supplier DiversitySkilled in SAP ERP system's purchasing functions - purchase orders, consignment, supplier agreements New Product Development (NPD), Value Analysis/Value Engineering (VA/VE) Procure-to-pay (P2P) processWhy us?FOXTRONICS EMS is a highly differentiated platform in the PCBA middle market poised to become the consolidator of choice in a fragmented industry.Able to handle full product lifecycle and portfolio with Quick Turn / Prototype, Low-Volume High-Mix, and High-Volume Low Mix capabilities across multiple facilitiesProprietary global procurement capabilities to solve customers' supply chain problemsIn house design team, injection molding, full box-build and CNC shop with experience to assemble a broad range of technologies: Rigid, Flex, Rigid Flex, Rogers, Aramats, Metal Core, Polymide and HybridsFoxhole Group has more than enough capital support to continue to pursue strategic acquisitions and has extensive experience generating and capturing value via the private equity model. They have a differentiated approach to their investments, providing a subtle nuance of support and resources whilst providing the freedom to operate and to execute the strategy, vision and mission.#J-18808-Ljbffr
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