Sourcing and New Product Development Specialist

Summary

Join our team as a Sourcing and Product Development Specialist and play a pivotal role in enhancing our supply chain. You will manage sourcing activities, negotiate with suppliers, and oversee the product development lifecycle. This role requires collaboration with internal teams to understand product requirements and specifications. You will negotiate pricing and terms with suppliers, coordinate the product development process, and ensure adherence to quality standards and timelines. The ideal candidate will have 5-10 years of experience in sourcing and product development and strong negotiation skills. A Bachelor's degree in a related field is required.

Requirements

• 5-10 years experience in sourcing and product development within a supply chain or related field
• Strong negotiation skills and a track record of achieving favorable terms with suppliers
• In-depth knowledge of manufacturing processes, quality control, and product lifecycle management
• Excellent project management and organizational skills to meet tight deadlines
• Effective communication and interpersonal skills for seamless collaboration with cross-functional teams
• Bachelor's degree in Supply Chain Management, Business, or a related field
• Experienced user in Excel and/or Google Sheet

Responsibilities

• Conduct market research to identify potential suppliers and maintain a robust supplier database
• Collaborate with internal teams to understand product requirements and specifications
• Negotiate pricing, terms, and agreements with suppliers to ensure cost-effectiveness and quality
• Coordinate and manage the end-to-end product development process, from ideation to manufacturing
• Ensure adherence to quality standards, regulatory requirements, and timelines
• Establish strong relationships with existing suppliers and explore new partnerships for strategic growth
• Stay updated on industry trends, technological advancements, and best practices in sourcing and product development

Preferred Qualifications

Familiarity with international sourcing is highly desirable