Mechanical Sourcing Engineer Elgin il

Experience level: Mid-senior Experience required: 5 Years Education level: Bachelors degree Job function: Engineering Industry: Electrical/Electronic Manufacturing Compensation: $81,000 - $100,000 Total position: 1 Relocation assistance: No Visa sponsorship eligibility: No End Client: Kellenberger Worldwide Description This role is part of the Global Sourcing team, which thrives on Knowledge Driven Sourcing; developing optimal solutions based on knowledge of Engineering Design, Manufacturing Processes, Cost Modeling & Quality. Desired Previous Roles: Supplier Quality Engineer, Manufacturing Engineer, Sourcing, Castings Process Engineer, Machining Desired Industry: Machine Builders, Construction Equipment, White Goods, Automotive EXPERIENCE: Degree in technical field (BSME/ BSIE preferred) or equivalent 3-5 years experience Strong manufacturing processes knowledge of, machined materials, ferrous castings, Fabrication and Welding MS Office Suite proficiency required DUTIES & RESPONSIBILITIES: Leading global strategic sourcing initiatives Develop and execute on a comprehensive Asia Supply chain initiative targeting lowering material costs Partner with the Asian sourcing teams to identify optimal global sourcing needs Conduct market research and analysis to help identify new supply chain opportunities Lead supplier identification, evaluation, selection, and relationship management activities Establish and maintain strong partnerships with key suppliers to ensure the highest quality, competitive pricing, and timely delivery of components and products Negotiate favorable terms, conditions, and pricing with suppliers Implement cost reduction initiatives and continuously monitor market dynamics to capitalize on cost-saving opportunities within categories in scope without compromising quality Work closely with cross-functional teams, including Engineering, Product Development, and Operations, to understand their requirements and ensure alignment between procurement and business objectives Define and track key performance indicators (KPIs) for suppliers, evaluate their performance regularly, and work collaboratively to address any performance issues Actively participate in helping to build a high-performing team of procurement professionals Provide coaching, mentorship, and professional development opportunities to team members