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The Role:
This position reports to the Director of Strategic Sourcing in the Operations organization and is primarily responsible for the development and management of local based suppliers (i.e. cable suppliers, accessory components) to meet company quality, cost, delivery and service goals that support the growth of the business in the local market.
Essential Functions
Develop multi-dimensional global category strategies with defined improvement plans for cost, quality, service, lead time and security of supply. Provide rigorous analysis of spend data, market trends and dynamics, to prioritize and launch sourcing initiatives.
Negotiate pricing periodically and manage price with key suppliers.
Collaborate with the legal team to negotiate and execute contracts with suppliers.
Lead strategic global cross-functional commodity/category teams and champion the sourcing process.
Manage the supplier selection process and ensure selections are based on sound criteria. Facilitate the setup of contract manufacturers within the Cognex supplier portfolio.
Provide input on techniques to enhance the supplier management program processes & tools and participate in these initiatives.
Conduct periodic business reviews with key suppliers & manage all aspects of the supplier relationship
Other responsibilities & special projects as assigned.
Knowledge, Skills, and Abilities:
Demonstrated success in negotiating cost reductions and favorable terms with suppliers.
Working knowledge of the electronic contract manufacturing industry, electronics accessories market and/or the global supply chain for electronic & mechanical components.
Excellent communicator, ability to lead in an environment of in-direct control, analytical and fact based with an attention to detail.
Experience performing in a fast-paced, goal-oriented, and time-sensitive environment
Proficient with managing and understanding cross-cultural business practices, especially within Asia
Good Project management skills.
Proficient in MS Office Suite and working knowledge of ERP systems such as SAP.
Minimum Education and Work Experience
Bachelor’s degree in a technical field, supply chain management, materials management, business administration, or equivalent experience in a related field.
MBA, CPM or equivalent degrees/certifications a plus
5-15 years of work experience mostly in sourcing, supply chain management or related fields
Experience managing suppliers as a commodity manager for at least 3 years is strongly desired.