Senior Sourcing Lead- Hardware, Hinges and Misc Metals

Posted 9 Days Ago
Be an Early Applicant
Anoka, MN, USA
In-Office
89K-166K Annually
Senior level
Hardware • Information Technology • Energy • Design • Utilities • Industrial • Renewable Energy
At nVent, we connect and protect our customers with inventive electrical solutions.
The Role
Leads sourcing strategy for hardware, hinges, and miscellaneous metals categories. Conducts supply market and commodity analysis, develops long-term cost strategies, negotiates supplier agreements, manages supplier risk and development, resolves product and supply issues, and implements supply chain initiatives. The role requires cross-functional communication, analytical problem-solving, contract management knowledge, and at least 10% travel.
Summary Generated by Built In

We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.

WHAT YOU WILL EXPERIENCE IN THIS POSITION:
  • Lead all aspects of the sourcing for the hardware, hinges and misc metals categories.
  • Perform detailed supply market analysis related to commodities, industries, and suppliers.
  • Develop and implement long-term commodity strategies to lower total cost of ownership.
  • Reinforce the company’s continuous improvement culture that promotes communication, shared learning, intelligent risk-taking, creative problem solving and accountability for failures and successes.
  • Lead negotiation of supply agreements that are in line with nVent business strategies with consideration toward quality, timeliness of delivery, pricing, terms, tooling costs and service to ensure leanest total cost of ownership.
  • Team with Supplier Development function to manage and mitigate supplier risk, select and develop new suppliers, and categorize existing suppliers with lifecycle strategy.
  • Coordinate and resolve issues regarding existing and new products.
  • Develop and implement supply chain initiatives to achieve competitive advantage and to improve responsiveness to customer demand.
YOU HAVE:
  • Bachelor’s degree in Business, Supply Chain Management, Engineering, or related degree.
  • 5+ years experience in Purchasing, Supply Chain, Strategic Sourcing, Procurement, or Operations in a high growth environment is preferred. Experience in a manufacturing environment is a plus.
  • Possesses a deep understanding and knowledge base of external commodity markets and potential market impacts to maximize cost opportunities.
  • Knowledge of contract management is preferred.
  • Excellence in analytical, fact-based problem solving.
  • Experience communicating complex and detailed information to multiple individuals and audiences with differing knowledge levels.
  • Skill in conflict resolution including the ability to address difference of opinions or facts and use the most appropriate method to reach an effective solution.
  • Excellent presentation, time management, organizational and interpersonal skills.
  • Travel minimum 10%.

WE HAVE:

  • A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day

    • nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation.

    • Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.

  • Commitment to strengthen communities where our employees live and work

    • We encourage and support the philanthropic activities of our employees worldwide

    • Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money

  • Core values that shape our culture and drive us to deliver the best for our employees and our customers. We’re known for being:

    • Innovative & adaptable

    • Dedicated to absolute integrity

    • Focused on the customer first

    • Respectful and team oriented

    • Optimistic and energizing

    • Accountable for performance

  • Benefits to support the lives of our employees

Pay Transparency
 
nVent’s pay scale is based on the expected range of base pay for this job and the employee’s work location. Employee pay within this range will be based on a combination of factors including knowledge, skills, abilities, experience, education, and performance. Where federal, state, or local minimum wage requirements exist, employee pay will comply.
 
Compensation Range:

$89,300.00 - $165,800.00

Depending on the position offered, employee may be eligible for other forms of compensation, such as annual incentives.

Benefit Overview

At nVent, we value our people and their health and well-being.  We provide a broad benefits package with meaningful programs for eligible full-time employees that includes:

  • Medical, dental, and vision plans along with flexible spending accounts, short-term and long-term disability benefits, critical illness, accident insurance and life insurance.

  • A 401(k) retirement plan and an employee stock purchase plan — both include a company match.

  • Other supplemental benefits may include tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off including volunteer time, a well-being program, and/or legal & identity theft protection.

At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other’s authenticity because we understand that uniqueness sparks growth.

#LI-Hybrid
#LI-AW1

Skills Required

  • Bachelor’s degree in Business, Supply Chain Management, Engineering, or a related field
  • 5+ years of experience in purchasing, supply chain, strategic sourcing, procurement, or operations
  • Experience in a high-growth environment
  • Experience in a manufacturing environment
  • Deep understanding of external commodity markets and potential market impacts
  • Knowledge of contract management
  • Analytical, fact-based problem-solving skills
  • Ability to communicate complex information to varied audiences
  • Conflict resolution and effective decision-making skills
  • Presentation, time management, organizational, and interpersonal skills
  • Ability to travel at least 10%

nVent Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about nVent and has not been reviewed or approved by nVent.

  • Retirement Support Retirement support appears well-developed, including a 401(k) plan with up to a 5% company match administered through Fidelity. Stock ownership opportunities are also offered through an employee stock purchase plan with a matching contribution.
  • Healthcare Strength Healthcare coverage is broad, spanning medical, dental, vision, prescription drug plans, and mental health resources. Additional protection benefits like disability and life/AD&D coverage are also included.
  • Leave & Time Off Breadth Time-off offerings include vacation, separate sick time for hourly employees, floating holidays, and paid volunteer time. Paid parental leave is available for up to six weeks within the first 12 months to bond with a new child.

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The Company
HQ: Saint Louis Park, MN
10,001 Employees
Year Founded: 2018

What We Do

nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.

Why Work With Us

At nVent, our employees bring bold ideas, are authentic and build the future of a more sustainable and electrified world. Promoting a culture of inclusion is a cornerstone of our strategy and is woven throughout our organization. We believe that diverse perspectives are key to our company’s ability to innovate for our customers and grow.

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