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• Negotiate key business metrics with suppliers, such as cost reductions, inventory agreements, lead time reduction and supplier payment terms to meet AOP (Annual Operating Plan).

• Develop and implement long term strategies for commodities in alignment with corporate commodity team to achieve supplier consolidation, deflation, savings and risk reduction goals by leveraging volume, negotiations, and supplier development.

• Working alongside the Materials management team, monitor commodity lead time changes to signal expedite/push deliveries as required to avoid business disruptions.

• Track supplier performance and provide regular feedback to key suppliers; set clear expectations with suppliers and work with corporate commodity and SDE team to add/replace suppliers as needed for optimal business results.

• Manage supply base through supplier selection, qualification, development, and regular performance evaluations, to develop best suppliers and to ensure an optimum supply chain in alignment with corporate commodity and SDE team.

• Build strong cross-functional relationships, from Engineering through Suppliers, and work with colleagues to understand their needs as related to supply chain; work continuously to exceed their expectations and deliver excellent results.

• Work with corporate commodity team to mitigate business risk by addressing commodities with long lead times, inability or cost prohibition to air shipping, suppliers with capacity constraints, suppliers with fulfillment issues, suppliers with significant payment or terms constraints, suppliers with excessive pricing, single- or sole-source suppliers; develop solutions to ensure business continuity.

• Mitigate risk to the supply chain by understanding the markets, economic conditions, global events, etc.

• Implement VMI partnerships where appropriate.

• Participates in internal design reviews, providing technical support for Engineering on design optimization, VAVE, DFM, and DFP.

• Manage and track tooling and investment.

• Review suppliers to keep abreast of new capabilities, products and techniques..

• Research sources of supply and services to maintain flexibility, high quality and competitive pricing in the supplier base.

• Support lean manufacturing activities.

• Perform other duties as assigned.

Required Experience, Education, Skills and Competencies

• Bachelor’s degree in (Procurement, Business or Technical Field) with 5+ years of work experience in Supply Chain field OR Master’s degree in (Procurement, Business or Technical Field) with 3+ years of progressive experience in Supply Chain field. MBA degree is a plus.
• Strong computer skills and knowledge of MS Office. Ability to rapidly learn new software/programs as needs arise. Experience with ERP systems in a manufacturing environment; Oracle experience a plus.
• Ability to read, understand, and interpret mechanical drawings to effectively communicate the designs or discrepancies from shipments to supplier should questions arise.
• Strong negotiation, analytical, conceptual, and problem-solving skills.
• Good strategic thinking, people skills and cross functional team leadership skills.
• Technical background preferred with the ability to understand engineering concepts.
• Highly effective and professional verbal and written communication skills with team, internal customers and suppliers.
• Exhibit & encourage sense of urgency, highly energetic and success driven.
• Multi-task and prioritize projects and primary responsibilities.
• Excellent follow-through
• Experience with international suppliers a strong plus.

Travel

• Must possess a valid driver’s license and passport and be able to travel domestically and internationally, if necessary, up to 50%.

Physical Requirements

• No

Compensation and Benefits

• The base pay for this position ranges from $116,000 up to $150,000 depending on the geographic market.
• Dependent on the position offered, annual bonusses and other forms of compensation may be provided as part of the compensation package.
• Novanta supports all aspects of your life’s needs. This position provides a full range of medical, financial, and other benefits to make your quality of life better