Location: Windsor,CT, USA
The Business
Foxtronics 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?
Responsibilities
Strategic Vision & Leadership
Develop 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 Collaboration
Build 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 Development
Secure 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 Management
Drive 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 Strategy
Drive 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 Management
Identify and lead programs that continually improve supplier performance in regard to safety, quality, delivery, cost, and corporate social responsibility initiatives, including supplier diversity.
Contract Management
Manage 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 discipline
Master's degree or MBA
CPM or CPSM certification
7+ years procurement / sourcing experience
5+ years of experience of managing a team
Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
Experience with Strategic Sourcing, Negotiation, Supplier Evaluation, Commercial Contract Understanding, Risk Mitigation, Commodity Market
Research, Index Pricing or Total Cost Assessments
ERP systems
Proven track record of driving and adapting to change in a dynamic environment
Experience in driving and managing strategic projects
Experience of stakeholder management at various levels
Experience of acting as a coach or mentor
Experience as a global leader for all spend, sourcing development, and supplier metrics
Experience with formulating and utilizing methods and system solutions for enhancing operational efficiencies and control over supply
Ability to thrive in a fast-paced environment with strong initiative and ability to work unsupervised
Attention to detail; able to draw conclusions from detail
Knowledge of direct and indirect Strategic Sourcing concepts: Categorization, Supplier Performance Management, Cost Management, Contract Management, Corporate Social Responsibility, Supplier Diversity
Skilled 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) process
Why us?
FOXTRONICS EMS is a highly differentiated platform in the PCBA middle market poised to become the consolidator of choice in a fragmented industry.
Foxhole 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.