Senior Sourcing Manager, New Product Development

Posted Yesterday
Be an Early Applicant
Anoka, MN, USA
Hybrid
124K-230K 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 and supply chain activities for new product development programs from concept through production. Manages supplier selection, negotiations, capacity, tooling, ramp readiness, cost and productivity commitments, and supply risk. Coordinates category sourcing, supplier quality, engineering, and NPI teams while serving as the supply chain contact for customers and supplier issues. Reports portfolio readiness to leadership and mentors a team.
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 the supply answer for our most critical new product programs, from first idea through serial production.
  • Serve as the single supply chain point of contact for key account customers and for all program supplier issues.
  • Mobilize category sourcing, supplier quality, and NPI specialists against program milestones.
  • Lead critical supplier selections — build consensus, vet new suppliers, and bring program intelligence into negotiations.
  • Align supplier capabilities with product and technology roadmaps, including supplier technology forums with engineering.
  • Deliver cost and productivity commitments through early sourcing, design-for-manufacturability, and supplier lean initiatives.
  • Own capacity, ramp, tooling, and supply risk readiness across the portfolio, and report it to leadership.
  • Lead, and mentor a team, creating an environment focused on performance, engagement and professional growth.

YOU HAVE:
  • Bachelor's Degree in Supply Chain, Engineering, Business or related field required.
  • 10+ years of experience in sourcing, supply chain or new product development is preferred, with proven leadership of a team.
  • Experience handling complex categories and negotiating multi-million-dollar contracts; new product development / NPI sourcing.
  • Skilled in strategic thinking and comfort working in ambiguity; cross-functional influence with engineering, quality, and program leadership; supplier and cost analysis.
  • 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:

$123,500.00 - $229,500.00

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 Supply Chain, Engineering, Business, or a related field
  • 10+ years of experience in sourcing, supply chain, or new product development
  • Proven experience leading a team
  • Experience managing complex categories and negotiating multi-million-dollar contracts
  • Experience with new product development or NPI sourcing
  • Strategic thinking and ability to work effectively in ambiguous environments
  • Cross-functional influence with engineering, quality, and program leadership
  • Supplier and cost analysis skills

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.

nVent Insights

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The Company
HQ: St. 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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