Sr Commodity Specialist - Maple Grove, United States - Nortech Systems

Description

Great People Making Lifesaving Products

We are currently seeking a Senior Commodity Specialist to join our highly skilled, dynamic team.

Nortech Systems is a global leader in digital connectivity and data management engineering and manufacturing for medical device, aerospace, defense and industrial markets. We are a low-volume, high-mix global manufacturer with centers of excellence in United States, Mexico and China. Our expertise is in complex cable, PCBA and integrated higher level assemblies.

Nortech Systems is a global market leader in digital connectivity, data management, engineering and manufacturing. Our team is focused on delivering lifesaving products from medical devices which detect and treat cancer to mission-critical components for the U.S. military.Nortech's customers include some of the biggest names in industry, medical devices and aerospace and defense. We're very proud of our team's role in making products that make a difference.

The Senior Commodity Specialist will be responsible for supporting Management with the identification, selection, sourcing, development and management of suppliers supporting multiple categories. The Sr. Commodity Specialist may also maintain MRP and Sourcing Pricing data in the ERP system for sourced components, and for auditing suppliers against contracted agreements. The Senior Commodity Specialist will participate in the implementation of new policies/procedures; support materials quoting efforts, assist in measuring vendor performance, and compliance and supporting the Planning teams. The position will also work with the Procurement team on Processes and Metrics that drive the business. Strong analytical skills and Process Improvement background is required. Finally, the position will lead efforts for Cost Reduction by developing a strategy and working to execute on that strategy.

Responsibilities:

• Responsible for commodities or assignments requiring application of sourcing methodologies, theories and concepts.
• Supporting category managers by leading vendor selection decisions, policies and performance.
• Utilize and understand best practices and industry trends.
• Assist in development of purchasing policies and procedures supporting category initiatives as experience is gained and ensure category KPI targets are being achieved.
• Use market research in sourcing decisions to ensure category objectives and targets are being met.
• Maintain ERP data related to sourced components.
• Lead global category supplier relationships and sourcing opportunities, including RFQ's, cost reductions and establishing global contract negotiations and addendums, etc. if applicable.
• Execute global and/or local strategies and work towards developing a sourcing pipeline with cohesive and cost-saving agreements.
• Responsible for sound contract management and driving continuous value.
• Participate in continuous learning and professional development activities.

Requirements:

• Bachelor's Degree and five plus years' experience across supply chain required; or equivalent experience and/or education, with particular focus in strategic sourcing, contract negotiation, competitive price analysis, supplier relationship management and performance management.
• Advanced Microsoft Office skills, or equivalent.

What Nortech Offers:

• Competitive compensation
• Outstanding benefits package including medical, dental and vision insurance for employee & family, including a 100% company-paid base medical plan for employees; 401k with company match; tuition reimbursement and PTO
• Hybrid work environment
• A diverse and inclusive workplace fostering responsible social engagement
• Training and opportunity for advancement

Nortech is an Equal Opportunity Employer and Substance Free Workplace

Certain positions at Nortech require access to information, or technology that is subject to the International Traffic in Arms Regulations (ITAR) and other US government security regulations. These laws do not permit access rights to non-US citizens, or to other unauthorized individuals. Therefore, presently, all applicants must be US Citizens, or US Permanent Residents ("green card holders"), and/or otherwise comply with ITAR requirements for access rights, to be considered for a position.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR c)