Opticool

Job Summary:

This position will be viewed as the subject matter expert and act as a resource for given commodities. The primary responsibilities will be to: Developand implement sourcing strategies while managing the business relationships with suppliers of these commodities. Direct the activities of department in execution of these sourcing strategies. Lead cross-functional teams (Engineering, Supplier Quality & Commercial) in the supplier selection process. Negotiate, execute, and effectively manage supplier agreements. Establish and manage inventory levels throughout the supply chain in a cost-efficient manner considering the total cost of acquisition/ownershi

pJob Details

:
New ProductsIntroduction Responsibilitie

• s:
  Ensure that standard costs, material groups, source data and other required material master items are correct and complete at time of new part set up and ongoing maintena
• nceEarly Supplier Involvement (ESI). Coordinate with Engineering to engage suppliers in design/process improvements in the concept phase of product developm
• entParticipate in New Product Introduction teams representing the supply chain funct
• ionIdentify new sources of supply, along with Engineering, for new technologies, equipment, or processes being utilized in product development and the qualification of these new suppliers with Supplier Quality Engineer
• ingRecommend existing or potentialsources of supply and ensure that material is onlyprocured from approved company supplier
• s ,Risk mitigation: Identify long lead time and/or critical components and drive potential secondary sources. The purpose is to insure adequate or dual sources of supply on the corresponding materials so as not to impact Operations when the product is released to mar
• ketDevelopment of materials plans at prototype and scale up phases including cost estimates, risk mitigation, and quality assessme
• ntsCoordinate with project manager & chief engineer to validate and ensure agreement on final co

sts
Commodity Management Responsibilit

• ies:
  Develop and manage the implementation of commodity sourcingstrat
• egiesIdentify critical first tier or 2nd tier components and suppliers that present a business risk to the co
• mpanyDevelop, recommend, and implement risk mitigation strategies for single, sole sourced, or high business risk compo
• nentsUnderstand and publish trend analyses of cost driversfor commodities ma
• nagedEnsure database integrity of commodity materials or suppliers under management. E.g., Correct Pareto classification, A, B, C, material group or commodity code, supplier information
• etc.Engage other company facilities to ensure all impacted sites have input and are aligned to the commodity str
• ategyEstablish and implement lean principles with suppliers as appropriate. E.g., pull replenishment Ka
• nbansNegotiate and manage Kanban, consignment contracts or supply agreements with all suppliers in assigned comm
• odityEstablish and maintain appropriate inventory levels that balance business risk with inves
• tmentEstablish Kanban lot sizes and the appropriate amount ofKanbans in circulation within the supply
• chainIdentify and execute continuous productivity, cost and/or business process improvements with suppliers based upon key cost drivers. These improvements are to be docum

• ented
  Manage, along with Supplier Quality Engineering, supplier performance metrics. For suppliers that do not meet the required levels, issuing Supplier Corrective Action Reports (SCARs) or other performance improvement initiatives ensuring these are being completed as p
• lannedManage the business relationship with key sup
• pliersEnsure that business readiness/supplier capacity actions are communicated with suppliers periodically. Provide demand projections and monitor performance. Frequency of communication will vary depending upon the critical nature of the commodity or component and its corresponding availa
• bilityProactively work with IT and suppliers to evaluate suppliers' cybersecurity protocols & readiness. This is a prerequisite for conducting electronic bu
• sinessStrategic sourcing and implementation of all new parts required for ECO implementation. Appropriate disposition of parts affected by ECO
• changeParticipate in and as needed, lead groups within the SupplyChain function on corporate sourcing initi
• ativesInitiate regular, periodic supplier meetings - eitherat supplier, or in-house to review performance, new opportunities, cost reductions, etc. Documents of record, meeting minutes etc. are to be maintained. Frequency will vary based upon the critical nature of supplier or raw material/component/sub-assembly su
• ppliedLead teams in new supplier qualifications when need has been identified. E.g., Strategic Outsourcing opportunities, existing supplier replacemen
• t etc.Assist Planner/Buyers/Analysts with difficultsupplier management
• issuesDevelop, as appropriate, asset reclamation strategies for inventory, scrap,and equ
• ipmentDevelop professional skills of subordinates through coaching, mentoring,and training, as appli

cable.Skill Require

• ments:
  BS/BA degree required; MS/MA/MBA pre
• ferred.APICS certification and/or ISM certification preferred. Considered a strongplus and requirement for adva
• ncement10+ years' experience in the following disciplines: supply chain management, strategic sourcing, general business management, demand or materials management, operational management utilizing traditional ERP systems, source-to-pay models, or other cloud-based
• systemsWorking knowledge of Logistics, Incoterms, HTS, modes of transportation
• a mustExperience in Additive Manufacturing
• a mustKnowledge of data scienc
• ea plusMustdevelop a working knowledgeof Artificial Intelligence (AI) and its applicability
• to SCMSpecialized training in "lean manufacturing/lean enterprise" conceptsa stron
• g plus.Mustbe able to demonstrate aptitudein purchase price cost an
• alyses.Mustbe able to manage inventorylevels. Hands-on utilization ofMRP and Kanbanreplen
• ishmentAbility to utilize competitive knowledge within the supply base to determine appropriate risk management/mitigation str
• ategiesNegotiation techniques and presentation skills
• a mustAdvanced written and verbalcommunication skills with internal and external stake
• holdersMust be able to understand and interpret contractual l
• anguageMustbe willing to travellocally and internat
• ionallyCritical thinking,decision making, complexproblem solving, project management, expert in primary function(s), ability to lead, motivate and develop skills among col
• leaguesGlobal thinking: e.g., knowledge of FX, geopolitical events, commodity indic

es,etc.