nVent

Senior Sourcing Lead- Hardware, Hinges and Misc Metals

nVent$89K — $165K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Business, Supply Chain Management, Engineering, or a related field.
  • 5+ years of experience in Purchasing, Supply Chain, Strategic Sourcing, or Procurement (manufacturing experience preferred).
  • Deep understanding of commodity markets and factors affecting costs.
  • Familiarity with contract management techniques.
  • Strong analytical and problem-solving abilities.
  • Effective communication skills for diverse audiences.
  • Proficient in conflict resolution and finding effective solutions.
  • Excellent time management and organizational skills.

Responsibilities

  • Lead sourcing for hardware, hinges, and miscellaneous metals.
  • Conduct detailed market analysis for commodities and suppliers.
  • Create and implement strategies to reduce total cost of ownership.
  • Promote a continuous improvement culture within the organization.
  • Negotiate supply agreements aligned with business strategies.
  • Collaborate with Supplier Development to manage and mitigate supplier risks.
  • Address and resolve product-related issues actively.
  • Develop initiatives to enhance supply chain competitiveness and customer responsiveness.

Benefits

  • Comprehensive medical, dental, and vision plans.
  • 401(k) retirement plan with company match.
  • Employee stock purchase plan.
  • Tuition reimbursement and various leave options including personal and parental leave.
  • Paid time off that includes volunteer time and well-being programs.
  • Short-term and long-term disability benefits, and life insurance.
Full Job Description
WHAT YOU WILL EXPERIENCE IN THIS POSITION:
  • Lead all aspects of the sourcing for the hardware, hinges and misc metals categories.
  • Perform detailed supply market analysis related to commodities, industries, and suppliers.
  • Develop and implement long-term commodity strategies to lower total cost of ownership.
  • Reinforce the company’s continuous improvement culture that promotes communication, shared learning, intelligent risk-taking, creative problem solving and accountability for failures and successes.
  • Lead negotiation of supply agreements that are in line with nVent business strategies with consideration toward quality, timeliness of delivery, pricing, terms, tooling costs and service to ensure leanest total cost of ownership.
  • Team with Supplier Development function to manage and mitigate supplier risk, select and develop new suppliers, and categorize existing suppliers with lifecycle strategy.
  • Coordinate and resolve issues regarding existing and new products.
  • Develop and implement supply chain initiatives to achieve competitive advantage and to improve responsiveness to customer demand.

YOU HAVE:
  • Bachelor’s degree in Business, Supply Chain Management, Engineering, or related degree.
  • 5+ years experience in Purchasing, Supply Chain, Strategic Sourcing, Procurement, or Operations in a high growth environment is preferred. Experience in a manufacturing environment is a plus.
  • Possesses a deep understanding and knowledge base of external commodity markets and potential market impacts to maximize cost opportunities.
  • Knowledge of contract management is preferred.
  • Excellence in analytical, fact-based problem solving.
  • Experience communicating complex and detailed information to multiple individuals and audiences with differing knowledge levels.
  • Skill in conflict resolution including the ability to address difference of opinions or facts and use the most appropriate method to reach an effective solution.
  • Excellent presentation, time management, organizational and interpersonal skills.
  • Travel minimum 10%.

Pay Transparency

nVent’s pay scale is based on the expected range of base pay for this job and the employee’s work location. Employee pay within this range will be based on a combination of factors including knowledge, skills, abilities, experience, education, and performance. Where federal, state, or local minimum wage requirements exist, employee pay will comply.
 
Compensation Range:

$89,300.00 - $165,800.00

Depending on the position offered, employee may be eligible for other forms of compensation, such as annual incentives.

Benefit Overview

At nVent, we value our people and their health and well-being.  We provide a broad benefits package with meaningful programs for eligible full-time employees that includes:

  • Medical, dental, and vision plans along with flexible spending accounts, short-term and long-term disability benefits, critical illness, accident insurance and life insurance.

  • A 401(k) retirement plan and an employee stock purchase plan — both include a company match.

  • Other supplemental benefits may include tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off including volunteer time, a well-being program, and/or legal & identity theft protection.

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About nVent

nVent is a global leader in the design, manufacture, and distribution of electrical enclosures, electric heat tracing solutions, and other electrical products. The company serves a wide range of industries, including energy, industrial, infrastructure, and commercial. nVent was founded in 2018 as a spin-off from Pentair, and is headquartered in St. Louis Park, Minnesota. The company has operations in more than 30 countries and employs approximately 9,000 people.
Learn more about nVent
Size
9,000 employees
Market Cap
$6.3 billion
Industry
Net Income
-$47.2 million
5 Year Trend
+3.1%
Revenue
$1.9 billion

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