Advanced Sourcing Engineer/Remote
About the Team:The Stanley Black & Decker Global Procurement & Strategic Sourcing (GPSS) 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 Global Supply Management team has an opportunity for an Advanced Sourcing Engineer - Outdoor which will be based in Towson, Maryland. At Stanley Black & Decker, Innovation and New Product Development is one the key strategic initiatives 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 (TCO), 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 or strategic partners.Work in a cross functional team environment, working with Engineering, Advanced Manufacturing, Marketing, Supply Chain, Sourcing Commodity Managers and Global Suppliers.Will share a common goal of developing and introducing New Products, On Quality, On time and On CostDrive Supply Base Selection by ensuring consensus with Engineering, Manufacturing & Commodity Managers to meet the business needsAssess 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 eRFQ system to receive quotes. Also responsible for awarding business to SuppliersCoordinate design reviews and lead communications with Engineering and Suppliers to assure that components meet design for manufacturability (DFM).Utilize Stanley Fulfillment System (SFS) principles in New Product Development to reduce Working Capital CostsNegotiate Component Cost, Tooling Costs, Minimum Order Quantity, Lead Times and Delivery Schedules with SuppliersPerform deep dive quotation cost analysis to drive Total Cost Ownership principlesResponsible for Material Cost tracking and reporting throughout the ProgramValidate supplier capacity & align critical component supply with program ramp schedulesCoordinate Purchase Order placement for capital tooling and components for sample builds and track tooling and components into the SBD Manufacturing plantAssist engineering and supplier on component qualification through Supplier Quality Assessment and Part Inspection ReportingWork with Manufacturing and Plant Sourcing to set up components in SAP (ERP system)Assist transition from Advanced Sourcing planning to sustainable plant procurement planning hand off to GSM Management TeamSupport and participate in Design to Value (DTV) and Value Analysis and Value Engineering (VAVE) projects.The ideal candidate will have:Bachelor Degree in technical area, preferably mechanical or electrical engineering. Additional education in supply chain management a plusSupply Chain / Sourcing experience Excellent project management and organizational skills with attention to detailFully self-directed with leadership skills - drives for resultsAbility to manage multiple projects across diverse commodities, suppliers, and business functionsDemonstrate excellent written and interpersonal communications skills.Preferred Qualifications:Prior purchasing, sourcing, manufacturing or product development experience preferred.Working knowledge of Product Development (Milestone/Stage Gate) process and requirements for First Article Inspection Reporting (PPAP/SQA-015/FAI) for Supplier Quality Assessment preferredStanley Black & Decker is one of the world's largest, fastest growing and most dynamic companies. SBD, a Fortune 200 company is a world-leading provider of tools and storage, commercial electronic security and engineered fastening systems, with unique growth platforms and a track record of sustained profitable growth. #LI-RemoteAll qualified applicants to Stanley Black & Decker are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran s status or any other protected characteristic#LI-Remote All qualified applicants to Stanley Black & Decker are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran s status or any other protected characteristic.