Save Job Back to Search Job Description Summary Similar JobsGreat benefits - highly competitive 401k, tuition reimbursement etc.Fast growing global company with ample career growth opportunitiesAbout Our ClientThe Senior Strategic Sourcing Analyst - Electrical is responsible for developing and executing sourcing strategies for electrical components and equipment to support the company's operational needs. This role requires analyzing market trends, supplier capabilities, and cost drivers to deliver optimal sourcing solutions, while ensuring quality, reliability, and compliance with company standards. The analyst will work closely with cross-functional teams, including engineering, manufacturing, and procurement, to support the company's growth and operational efficiency.Job DescriptionDevelop and implement strategic sourcing plans for electrical components, including cables, connectors, switches, and circuit breakers.Conduct market analysis to identify trends, cost drivers, and opportunities for cost reduction, quality improvement, and supplier base optimization.Evaluate and select suppliers based on total cost, quality, service, and delivery performance.Negotiate contracts, terms, and conditions with suppliers to achieve favorable pricing and terms while minimizing risk.Collaborate with engineering and product development teams to align sourcing strategies with product specifications and project timelines.Monitor supplier performance and manage relationships to ensure ongoing compliance with quality and service requirements.Analyze and report on sourcing performance, including savings, supplier performance, and supply chain risk.Support new product development initiatives by sourcing and qualifying new suppliers and materials.Lead cross-functional teams in supplier selection and qualification processes, including supplier audits and assessments.Stay updated on industry trends, regulations, and best practices related to electrical components and sourcing.MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.The Successful ApplicantBachelor's degree in Supply Chain Management, Electrical Engineering, Business Administration, or a related field.5+ years of experience in strategic sourcing, procurement, or supply chain management, preferably within the electrical or electronics industry.Strong understanding of electrical components, specifications, and market dynamics.Proven track record of negotiating contracts and managing supplier relationships.Excellent analytical skills with the ability to interpret complex data and provide actionable insights.Strong project management skills, including the ability to lead cross-functional teams.Proficiency in sourcing tools and software, such as SAP, Oracle, or similar platforms.Strong communication, negotiation, and interpersonal skills.Ability to work independently and collaboratively in a fast-paced environment.What's on OfferTarget compensation for the Senior Strategic Sourcing Analyst is $85,000 - $115,000 + 10% bonus.ContactClayton HamiltonQuote job refJN-092024-6534540Job summarySectorProcurement & Supply ChainSub SectorDirect ProcurementIndustryIndustrial / ManufacturingLocationDowners GroveContract TypePermanentConsultant nameClayton HamiltonJob ReferenceJN-092024-6534540