Sourcing Manager - New Products
Nvent
Strategic sourcing leader driving supplier collaboration for new product development.
8 days ago ago
$123,500 - $229,500
Experienced (8-12 years)
Full Time
St Louis Park, MN
Onsite
Company Size
12,100 Employees
Service Specialisms
Engineering
Design
Technical Services
Project Management
Consulting
Sector Specialisms
Industrial
Energy
Infrastructure
Buildings
Residential
Commercial
Water Resources
Heavy Civil
Role
What you would be doing
metrics
supplier involvement
market analysis
strategic sourcing
dfm
supply chain
- Coordinate with program and business leadership to develop metrics and ensure that “true north” objectives are measured and achieved.
- Promote early supplier involvement in new product development teams to drive down costs, improve manufacturability of parts for suppliers, and maintain the highest quality of products. Provide forums for new potential and existing suppliers to share the latest technologies with engineering and sourcing teams.
- Coordinate with category management teams to develop detailed market and competitive analysis through insight on new product development priorities and markets.
- Lead and mentor strategic sourcing and purchasing activity from ideation phases through early prototype phases into serial production.
- Participate in sourcing category long-range planning processes and establish program encouraging annual category objectives and strategies.
- Coordinate resources for focused supplier lean initiatives, design for manufacturing (DFM), and risk management related to critical programs.
- Ensure that category sourcing strategies are followed by new product development teams, including analysis and review of customer requirements, product requirements, quality requirements, market conditions, supplier capabilities, the approved supplier list, and category strategic plans.
- Plan & mobilize resources of the supply chain management project team to fulfill program and project plans including: Category Management, Supplier Development/Supplier Quality, NPI Supply Specialists.
- Partner with NPI Supply Specialists, Category Management, Product Management, Engineering, etc. to build and complete funnel building and ideation for PPV, VAVE, and Other Margin Expansion opportunities.
- Consult in supplier negotiations bringing to bear program and product market intelligence, forecasts, etc. Partner with category sourcing to ensure favorable sourcing agreements to support both NPI program and serial production.
- Develop and maintain close working relationships with cross-functional business partners to ensure that business requirements are understood and translated into effective material category strategies.
What you bring
supply chain
bachelor's
strategic thinking
negotiation
category management
team oriented
- 8+ years of experience in a relatively large supply chain organization required.
- Bachelor's degree in business or Supply Chain Management or a related field.
- Demonstrated ability to think strategically and work comfortably in ambiguity.
- Ability to travel a minimum of 10%.
- Innovative & adaptable
- Respectful and team oriented
- Experience directly managing complex categories.
- Strong negotiation skills including experience negotiating multi-million dollar contracts.
- 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.
- A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day
- Other supplemental benefits such as tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off including volunteer time, a well-being program, and legal & identity theft protection.
- Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money
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Interview process
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Visa SponsorshipInformation not given or found
Security clearanceInformation not given or found
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Company
Overview
Founded in 1894
Historical Milestone
Rooted in over a century of legacy, tracing back to early pioneers like ILSCO (1894) and ERICO (1903).
$3B Revenue
Annual Financial Performance
Reporting over $3 billion in annual revenue, driving global expansion and strategic growth.
Over 100 Years Experience
Industry Leadership
Consolidating expertise in enclosures, thermal-management, and electrical-fastening systems.
450+ Patents
Innovative Portfolio
Collective patents held by brands including Cadweld, Caddy, Hoffman, ERICO, and Schroff.
- Spun off from Pentair in 2018, rapidly carving out a global identity under the nVent umbrella.
- Signature projects include modular data-center cooling systems, AI-ready liquid cooling units, and secure railway infrastructure enclosures.
- Thrives in high-growth sectors like data centers, industrial automation, power utilities, renewable energy, energy storage, buildings, and telecom.
- Integrity: We do the right thing.
- Customer Focus: We listen, anticipate, and act to meet the needs of our customers.
- Innovation: We embrace creativity and encourage new ideas to drive solutions.
- Excellence: We pursue the highest standards of quality and performance.
- Collaboration: We work together to achieve more.
- Accountability: We take ownership and deliver results.
Net Zero by 2050
Carbon Emissions Target
Aiming to achieve net-zero carbon emissions by mid-century.
30% Reduction by 2030
Greenhouse Gas Reduction
Plans to cut absolute greenhouse gas emissions by one-third by 2030.
10% Water Reduction by 2025
Water Consumption Goal
Targeting a 10% reduction in water usage globally.
100% Renewable Energy by 2025
Energy Transition Commitment
Committed to sourcing all energy from renewable sources in the near future.
- Energy efficiency is a focus across global manufacturing and distribution facilities.
23% women
Global Workforce Composition
The percentage of women in the workforce globally.
5% increase
Female Leadership Goal
Target to increase female representation in leadership roles by 2025.
- Fosters an inclusive culture where employees feel valued and respected.
- Developed programs to increase recruitment and retention of underrepresented groups.
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