Sourcing Engineer

Molex; Rochester Hills (MI); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Medical

Dental

Vision

FSA/HSA

Life Insurance

ADD

Disability

Retirement

Paid vacation/time off

Educational assistance

Infertility assistance

Paid parental leave

Adoption assistance

Job summary

Molex is seeking a talented Sourcing Engineer to join our team in Rochester Hills, MI. This onsite role drives sourcing project planning, launch readiness, and supplier negotiations to ensure flawless product introductions.

You will partner with design centers and cross-functional teams to optimize BOM costs, lead times, and risk management, while advancing VAVE initiatives and supplier base improvements. A Bachelor’s degree in engineering or related field and 2+ years of direct-spend sourcing

Qualifications

• Bachelor’s degree in engineering or related field.
• 2+ years of direct spend sourcing with procurement focus on electrical/mechanical categories.
• Automotive procurement experience.

Responsibilities

• Partner with design teams to manage BOM cost through product launch.
• Identify and qualify new suppliers for the TIS division and contract terms.
• Negotiate terms in line with internal policies to drive savings.
• Improve sourcing processes by collaborating with design and supply-base teams.
• Support risk management and supplier audits with GSQ and Plant Quality.
• Drive supplier negotiations and VAVE implementations.

Skills

Sourcing

Vendor negotiation

Supply chain

Cross-functional

Education

Bachelor’s degree in engineering or related field

Job description

Your Job

We are searching for a talented Sourcing Engineer to join our team. If you are looking for a way to accelerate your career and be part of a great company, this may be the opportunity for you!

In this role you will be responsible for Sourcing project planning and flawless launch. Lead and drive launch readiness and production ramp up activities, BOM costs accuracy, MOQ’s, lead times and collaborate with the Design centers, Supply Base Management & Cross Functional teams to ensure flawless launch. You will support market analysis in collaboration with Category Management and Business Unit Product Development Teams, to design a Sourcing Strategy that supports the objectives of the project, mitigates supply risk, and leverages the Molex Approved Vendor List. You will also Drive economic value to the Business through supplier negotiations, VAVE Implementations and Procurement Execution.

Location

This is an onsite role based at our office in Rochester Hills, MI.

What You Will Do

• Partner with Molex design teams throughout Product Development Process to manage BOM cost through Product Launch
• New product supplier identification, sourcing, selection and contracting for the TIS division
• Aggressively negotiate terms as required and in accordance with internal policies
• Improve New Product Sourcing processes and increase efficiencies by partnering with technical design teams
• Ensure Category Strategies are implemented on new projects and serial production projects.
• Lead and drive VAVE workshop and regional supplier negotiations (Direct)
• Proactive supply risk management in the new product development process
• Monitor sourcing and procurement innovation trends in the marketplace, while continuing to identify process improvement opportunities and implement best supply chain practices
• Collaborate with Global Supplier Quality (GSQ) and Plant Quality on supplier and customer audits/assessments and supply base quality issues/cost recovery.
• Direct Material shortages & Supplier risk mitigation
• Consolidate supply base and spend across different new programs/projects and leverage supply base to optimize BOM costs

Who You Are (Basic Qualifications)

• Bachelor’s degree in engineering and/or supply chain management
• 2+ years of experience in direct spend sourcing with procurement function focused on electrical and mechanical categories, ideally connectors and cable wire
• Procurement experience in the automotive industry

What Will Put You Ahead

• Experience in Advanced Purchasing or New Product Development Sourcing
• Experience on supplier onboarding process
• Proven negotiations skills

At Koch companies, we are entrepreneurs. This means we openly challenge the status quo, find new ways to create value and get rewarded for our individual contributions. Any compensation range provided for a role is an estimate determined by available market data. The actual amount may be higher or lower than the range provided considering each candidate's knowledge, skills, abilities, and geographic location.

Hiring Philosophy

All Koch companies value diversity of thought, perspectives, aptitudes, experiences, and backgrounds. We are Military Ready and Second Chance employers. Learn more about our hiring philosophy here.

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.

Our Benefits

Our goal is for each employee, and their families, to live fulfilling and healthy lives. We provide essential resources and support to build and maintain physical, financial, and emotional strength - focusing on overall wellbeing so you can focus on what matters most.

• medical
• dental
• vision
• flexible spending and health savings accounts
• life insurance
• ADD
• disability
• retirement
• paid vacation/time off
• educational assistance
• infertility assistance
• paid parental leave
• adoption assistance

Specific eligibility criteria is set by the applicable Summary Plan Description, policy or guideline and benefits may vary by geographic region.

Additionally, everyone has individual work and personal needs. We seek to enable the best work environment that helps you and the business work together to produce superior results.

Equal Opportunities

Equal Opportunity Employer, including disability and protected veteran status. Except where prohibited by state law, some offers of employment are conditioned upon successfully passing a drug test. This employer uses E-Verify.