Stanley Black & Decker

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New Product Sourcing Engineer

at Stanley Black & Decker

Posted: 1/13/2020
Job Reference #: 842763

Job Description

Title
New Product Sourcing Engineer

Business
US - Global GSM

State/Country/Province
Texas

No. of Positions
1

Job Description
The Stanley Black & Decker Global Supply Management (GSM) 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.

POSITION SUMMARY

The Stanley Black & Decker GSM Group has an opportunity for a New Product Sourcing Engineer, which will be based in Houston, TX. At Stanley Black & Decker, Innovation and New Product Development is one the key strategic initiative 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.  Team Leads will also provide leadership in the form of supporting multiple team members through training, mentoring and job coaching.

RESPONSIBILITIES:
  • Provide New Product Sourcing Engineer Leadership to Team Members and support multiple team members through training, mentoring and coaching
  • Provide overall Sourcing Leadership for New Product Projects that will be designed in-house and manufactured in one of our many global manufacturing plants
  • 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 Cost
  • Drive Supply Base Selection by ensuring consensus with Engineering, Manufacturing & Commodity Managers to meet the business needs
  • Assess 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 an eRFQ system to receive quotes. Also responsible for leveraging new business awards with suppliers
  • Coordinate 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 Costs
  • Negotiate Component Cost, Tooling Costs, Minimum Order Quantity, Lead Times and Delivery Schedules with Suppliers
  • Perform deep dive quotation cost analysis to drive Total Cost Ownership principles
  • Responsible for Material Cost tracking and reporting throughout the Program
  • Validate supplier capacity & align critical component supply with program ramp schedules
  • Coordinate Purchase Order placement for capital tooling and components for sample builds and track tooling and components into the SBD Manufacturing plant
  • Assist engineering and supplier on component qualification through Supplier Quality Assessment and Part Inspection Reporting
  • Work 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 Team
QUALIFICATIONS:
  • Bachelor’s degree in technical area, preferably electrical or mechanical engineering, or supply chain management
  • Excellent project management and organizational skills with attention to detail
  • Fully self-directed with leadership skills - drives for results
  • Ability to manage multiple projects across diverse commodities, suppliers, and business functions
  • Demonstrate excellent written and interpersonal communications skills.
Preferred Qualifications:
  • Prior purchasing, 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 preferred
 
About Stanley Black & Decker
 
Joining the Stanley Black & Decker (SBD) team means joining one of the world's largest, fastest-growing, and most dynamic companies. SBD, a Fortune 500 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. We have been globally recognized as one of the most innovative, sustainable, and rewarding companies in the world.
 
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EEO:
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.

Requisition Number
66274BR

Function
Business Development

City
Houston

EEO Statement
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.

Featured Category on SBD Careers
Operations (Manufacturing, Supply Chain, Procurement), Engineering (Manufacturing, Mechanical, Product)