Sourcing Engineer

Position Overview

We are searching for a talented Sourcing Engineer to join our team. In this role you will be responsible for sourcing project planning and a flawless launch, driving launch readiness, production ramp-up, BOM cost accuracy, MOQ’s, and lead times. You will collaborate with Design Centers, Supply Base Management, and cross-functional teams to ensure a successful product launch while supporting market analysis to design a sourcing strategy that mitigates supply risk and leverages the Molex Approved Vendor List.

Molex is a leading provider of electronic solutions committed to innovation and excellence. Join our dynamic team to accelerate your career and make a real impact.

Compensation: Determined by available market data and candidate qualifications.

Key Responsibilities

• Partner with Molex design teams throughout the Product Development Process to manage BOM cost through Product Launch.
• Identify, source, select, and contract new product suppliers for the TIS division.
• Aggressively negotiate terms in accordance with internal policies.
• Improve new product sourcing processes and increase efficiencies by working with technical design teams.
• Ensure Category Strategies are implemented on new projects and serial production initiatives.
• Lead and drive VAVE workshops and regional supplier negotiations.
• Manage proactive supply risk during new product development.
• Monitor sourcing and procurement innovation trends and implement best supply chain practices.
• Collaborate with Global Supplier Quality and Plant Quality on audits, assessments, and quality issues.
• Mitigate direct material shortages and supplier risks.
• Consolidate supply base and spend across programs to optimize BOM costs.

Required Qualifications

• Bachelor's degree in Engineering and/or Supply Chain Management.
• 2-5+ years of experience in direct spend sourcing within a procurement function, focused on electrical and mechanical categories (specifically connectors and cable wire).
• Experience in Automotive Industry procurement.

Preferred Qualifications

• Experience in Advanced Purchasing or New Product Development Sourcing.
• Familiarity with supplier onboarding processes.
• Proven negotiation skills.

Benefits & Perks

• Benefits: Comprehensive package including medical, dental, vision, flexible spending, and health savings accounts.
• Life insurance, ADD, disability coverage, and retirement plans.
• Paid vacation/time off, educational assistance, and additional family support benefits.