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Sourcing Manager

Richardson Electronics, LTD
5 hours ago
Full-time
On-site
Lafox, IL, United States
$100,000 - $115,000 USD yearly
Indeed

Job Title: Sourcing Manager Company: Richardson Electronics, Ltd. Type: Full time Job Description: The Sourcing Manager is a hands-on individual contributor responsible for developing and executing sourcing solutions that support new engineering projects, alternate-source development, supply-chain continuity, and cost-reduction initiatives. The position works closely with Engineering, Quality, Materials, Purchasing, Planning, and Operations to identify and develop suppliers that meet technical, quality, cost, capacity, and delivery requirements. The Sourcing Manager owns sourcing projects from supplier identification and quotation through commercial analysis, qualification, negotiation, purchase order placement when needed, and implementation. Job Responsibilities: New Product & Engineering Sourcing Partner with Engineering on sourcing requirements for new products, prototypes, new projects, product changes, and customer-specific requirements. Identify suppliers with the technical capability, quality systems, capacity, lead time, and cost structure required for engineered components. Issue and manage requests for quotation (RFQs), analyze supplier responses, and prepare sourcing recommendations. Support prototype, sample, tooling, and qualification purchases required for new product introduction and Engineering projects. Alternate Sourcing & Supply-Chain Risk Lead alternate-source development for LAM and other customer requirements when supply risk, single-source dependency, lead time, capacity, supplier performance, obsolescence, or cost creates business risk. Research and develop qualified alternate suppliers to improve supply continuity and reduce dependence on constrained or underperforming sources. Coordinate with Engineering and Quality through supplier and part qualification, including samples, testing, documentation, approvals, and implementation follow-up. Maintain sourcing project status and escalate risks that could affect customer delivery or production continuity. Cost Analysis & Cost Reduction Analyze supplier quotations and calculate procurement costs to support sourcing decisions. Develop cost comparisons, should-cost considerations, and business cases that evaluate price, tooling, freight, minimum order quantities, lead time, inventory impact, and other relevant costs. Research supplier markets, material costs, manufacturing methods, and industry conditions that may affect procurement cost or availability. Identify, quantify, implement, and track cost-reduction opportunities through competitive sourcing, negotiations, alternate suppliers or materials, volume leverage, and commercial-term improvements. Supplier Development & Negotiation Identify, evaluate, and develop new suppliers and manufacturing sources. Negotiate pricing, tooling, lead times, minimum order quantities, payment terms, capacity commitments, and other commercial requirements. Develop strong working relationships with existing and prospective suppliers while maintaining appropriate commercial accountability. Work with suppliers to identify opportunities to improve cost, lead time, manufacturability, capacity, quality, and supply continuity. Purchasing & Implementation Place purchase orders for prototypes, samples, qualifications, tooling, new sourcing initiatives, and production requirements as needed. Support Purchasing with complex supplier negotiations, commercial issues, shortages, and sourcing challenges. Ensure newly qualified sources are transitioned into normal purchasing processes with appropriate pricing, lead times, sourcing documentation, and supplier information. Support urgent sourcing requirements caused by supply-chain disruptions, customer needs, or supplier constraints. Cross-Functional Project Management Lead sourcing projects across Engineering, Quality, Materials, Purchasing, Planning, Operations, and suppliers. Establish project priorities, timelines, ownership, and follow-up actions to keep sourcing and qualification acti…

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