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**Description****Sourcing Engineer**At Koch Industries we look for talent that provides value in the products and services we offer to improve the life of society, having a sense of urgency, reinforcing the commitment to continuously transform and helping us to remain the preferred partner that drives continuous improvement and transformation in our different companies within the group.Molex is part of the Koch group and for 80 years has been driving innovation in electronics, supporting industries from Automotive to Healthcare and Consumer to Data Communications.
That's why our customers rely on Molex to help them master change and create the most important breakthroughs through powerful innovation, engineering excellence, end-to-end supply chain optimization, and world-class manufacturing capabilities.Molex is seeking a Procurement professional to manage our New Product Development (NPD) Sourcing for the Consumer & Commercial Solutions (CCS) division, to enhance sourcing capability and increase competitiveness of new products, to promote cross-functional collaboration and foster a culture of innovation providing value to the business.- Partner with Molex BU design teams throughout PDP (Product Development process) to provide competitive proposals and value creation to business units.- New product supplier identification, sourcing, selection and contracting for the CCS division- Bring Design to Value (Manufacturing, Quality, Cost, etc.)
viewpoint to Product design team- Conduct should-cost and make vs. buy analyses to support sourcing decision- Aggressively negotiate terms as required and in accordance with internal policies- Negotiate legal terms under the guidance of the internal legal support team- Proactive supply risk management in the new product development process- Monitor sourcing and procurement innovation trends in the marketplace- Improve NPD Sourcing processes and efficiencies by partnering with BU, Op & Procurement teams.- Build up mutual benefit between molex Business and External partners, create and sustain a virtuous circle- Deploy NPD Sourcing Key deliverables:- Architectural cost: BOM & CAPEX to meet Targets & Business objectives- Design for supply chain: Focusing on risk Assessment and mitigation- Design for procurement: to steer Preferred supplier compliance & Sourcing strategy in NPD- Cycle time for product development and launch to meet sourcing deliverables deadlines- Design for Stewardship: Create more value while consuming less resources- Early involvement: Involve from Day-1 (of new opportunity) to help to win new businessTravel globally over 25%, including on-job training in Singapore as part of on-boarding process