Advanced Sourcing Engineer

Sr. Advanced Sourcing Engineer

The Stanley Black & Decker Global Supply Management (GSM) team is our strategic sourcing organization focused on leveraging the company’s scale to achieve the best possible price with the best possible quality, service and delivery among all categories of spend. In addition, the team maintains close alignment with the
businesses to support overall strategies, and drives to a best-in-class sourcing organization using Stanley
Fulfillment System principles.

About the Job:
The Stanley Black & Decker GSM Group has an opportunity for an Sr. Advanced Sourcing Engineer which will be based out of our offices in Towson, MD. At Stanley Black & Decker, Innovation and New Product Development is one the key strategic initiative to grow the business and the Advanced Sourcing role will play a vital part in delivering winning New Products in the market.
The position will have responsibility for providing sourcing leadership for New Product Development in a cross functional team environment, which would include Supply Selection, Cost & Capital Management, Risk Assessment & Mitigation, Supplier Management throughout the Product Development and On-Going Process Improvements to speed Product Development

Responsibilities include:
• Provide overall Sourcing Leadership for New Products that will be designed in-house and manufactured in one of our many global manufacturing plants.
• Work in a cross functional team environment, working with Engineering, Advanced Manufacturing, Marketing, Supply Chain, Commodity Managers and Global Suppliers.
• Will share a common goal of developing and introducing New Products, On Quality, On time and On Cost
• Drive Supply Base Selection by ensuring consensus with Engineering, Manufacturing & Commodity Managers to meet the business needs
• Assess Supplier’s Capability with similar parts analysis or through demonstrated process controls on key manufacturing processes.
• Develop Sourcing Plan that documents, Early Supplier Involvement, Supply Selection, Risk Mitigation Plans, Capacity Management and Supplier Ramp Up Plans and ensure the plan is executed.
• Understand Engineering component specifications and how they translate into supplier capability requirements.
• Conduct eRFQ’s through Ariba (eRFQ system) to receive quotes. Also responsible for awarding business to Suppliers
• Coordinate design reviews and lead communications with Engineering and Suppliers to assure that components meet design for manufacturability.
• Utilize Stanley Fulfillment System (SFS) principles in New Product Development to reduce Working Capital
• Negotiate Component Cost, Tooling Costs, Minimum Order Quantity, Lead Times and Delivery Schedules with Suppliers
• Perform Make vs Buy analysis as needed and use Total Cost Ownership principles
• Responsible for Material Cost tracking and reporting throughout the Program
• Validate supplier capacity & align critical component supply with program ramp schedules
• Coordinate Purchase Order placement for tooling and components for sample builds and also assist tracking of those tooling and components into the plant
• Assist component qualification through SQA-015 (Supplier Quality Assessment)
• Work with Manufacturing and Plant Sourcing to set up components in SAP (ERP system)
• Assist transition from Advanced Sourcing planning to sustainable planning with commodity management team.

Requirements:
The ideal candidate will have:
• Bachelor’s Degree in technical area, preferably electrical engineering

5 years of experience
• Ability to manage multiple projects across diverse commodities, suppliers, and business functions.
• Fully self-directed with leadership skills - drives for results.
• Excellent project management and organizational skills with attention to detail.
• Demonstrate excellent written and interpersonal communications skills.
Preferred Qualifications:
• Prior purchasing, manufacturing or product development experience preferred.
• Working knowledge of Product Development (Milestone) process and requirements for SQA-015 (Supplier Quality Assessment) preferred.

Why Stanley Black & Decker?
• Stanley Black and Decker employees are given the opportunity to:
• Work collaboratively and across functions with the highest caliber talent - Stanley is committed to hiring and developing great people who have a passion for excellence and a commitment to continuous improvement.
• Utilize cutting-edge technology and processes- creating the next generation of products and services that will impact the world for generations to come
• Foster growth and professional development capabilities - Because we are a large, global organization with many disciplines and locations, you'll have the opportunity to explore different roles. Plus, our continued growth constantly creates new advancement opportunities.
• Be recognized & rewarded - We value our employees, recognize their talent, encourage their growth and reward contributions.
• At Stanley Black and Decker, we welcome talented and competitive people, and reward them with outstanding career development, personal growth and leadership opportunities. Join the winning team at a company whose reputation speaks for it.

Stanley Black & Decker provides their employees with a great work environment, a competitive salary and a comprehensive benefits plan that includes medical, dental, life, disability, 401k, vacation, paid holidays, and more! Only those candidates who are currently eligible to work in the US will be considered for the opportunity.

Stanley Black & Decker is proud to be an Equal Opportunity Employer supporting diversity in the workplace.