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Associate Global Sourcing NPD

Company Description

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too. When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength. Explore life at Fortune Brands here

Job Description

This is a hybrid position reporting to Moen HQ in North Olmsted, OH.

 

RESPONSIBLIITIES:

  • Lead projects to resource, award components to support sourcing strategies while ensuring all project milestone tasks are completed on-time.
  • Lead RFQ’s, Supplier selection, negotiations, issue Purchase orders for Design Validation (DV) to PPAP for New Product introductions.
  • Analyze landed costs, taking into consideration transportation costs, duty rates and tariffs to make informed supplier selection decisions.
  • Implement category strategies supported by a strong understanding of Water Innovations (WINN)’s strategies, WINN’s competition, and the industry.
  • Ensure coordination with WINN Platforms and Innovation teams on key project and product development.
  • Collaborate with functional areas like Master Scheduling, Planning, Manufacturing plants, Distribution Centers and External suppliers to ensure customer expectations are met.
  • Ensure suppliers comply with WINN’s code-of-conduct program (e.g., Global Citizenship, Code of Ethics and Standards of Conduct).
  • Implement / Execute projects for productivity enhancement, risk mitigation, capability/capacity enhancement. Collaborate with Analytics team to develop category savings approach utilizing the Strategic Sourcing model.
  • Collaborate with internal stakeholders to achieve strategic initiatives by improving supplier performance through the utilization of WINN’s supplier scorecard and the development of continuous improvement action plans as required.
  • Support the implementation and sustainability of WINN’s Risk Management program—understand supplier capabilities, financial health, operational performance and impact to the business.
  • Provide the voice of the supply base to WINN while being the voice of WINN to the supply base.

 

    Qualifications

     

    • Bachelor’s degree in Business, Supply Chain or Engineering is required.
    • One to 2 years of experience in a global sourcing or supply chain environment.
    • One to 2 years prior project experience working within a cross-functional team to achieve a desired goal.
    • General knowledge and understanding of relevant manufacturing processes.
    • ISM or ASCM certification is desirable.
    • Analytical, negotiating and relationship skills.
    • Working knowledge of ERP, Microsoft Office Suites.
    • Strong verbal and written communication skills.
    • Strategic thinking: ability to be forward-looking, see the possibilities and set a long-term SMART goals.
    • Must be able to travel up to up to 20% of the time (domestically and internationally) for supplier visits, business audits, and overall category education.

    Additional Information

    At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates’ feeling of belonging at work.

    Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

    Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN

    Equal Employment Opportunity

    FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

    Reasonable Accommodations

    FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.

    Average salary estimate

    $70000 / YEARLY (est.)
    min
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    $60000K
    $80000K

    If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

    What You Should Know About Associate Global Sourcing NPD, Fortune Brands

    Are you looking to jumpstart your career in global sourcing? At Fortune Brands Innovations, Inc., we’re on a mission to transform spaces into beautiful homes, and we're looking for an Associate Global Sourcing NPD to join our dynamic team based at our North Olmsted, Ohio headquarters. This hybrid role entails leading projects that resource and award components to support our sourcing strategies. You will work on RFQs, supplier selection, and negotiations while ensuring timely completion of project milestones. Your analytical skills will come into play as you analyze landed costs, considering transportation costs and tariffs to make savvy supplier choices. Collaboration is key, as you'll coordinate with innovation teams and suppliers to meet our customer expectations. With a strong focus on productivity enhancement and a commitment to compliance with our code of conduct, this position is perfect for someone who thrives in a cross-functional environment. If you have a Bachelor's degree in Business, Supply Chain, or Engineering and some experience under your belt, let's elevate our offerings together! At Fortune Brands, we celebrate diversity and inclusivity, ensuring everyone can bring their authentic selves to work. So, if you're ready to make bold decisions in an exciting industry, we want to hear from you!

    Frequently Asked Questions (FAQs) for Associate Global Sourcing NPD Role at Fortune Brands
    What responsibilities does the Associate Global Sourcing NPD at Fortune Brands Innovations involve?

    The Associate Global Sourcing NPD at Fortune Brands Innovations takes on key responsibilities, including leading projects to resource and award components, ensuring project milestones are met on time. This role involves negotiating supplier contracts, implementing category strategies, and collaborating with various functional areas to maintain excellent customer relations.

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    What qualifications are needed for the Associate Global Sourcing NPD position at Fortune Brands?

    To qualify for the Associate Global Sourcing NPD role at Fortune Brands, candidates should have a Bachelor's degree in Business, Supply Chain, or Engineering, along with 1-2 years of experience in global sourcing or supply chain environments. Skills in negotiation, analytics, and communication are also essential for success in this position.

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    What kind of projects will the Associate Global Sourcing NPD handle at Fortune Brands?

    The Associate Global Sourcing NPD will handle projects related to resource allocation, supplier selection, and Design Validation for new product introductions. They will also analyze costs, collaborate with internal teams, and implement productivity enhancement projects that align with company strategies.

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    Is travel required for the Associate Global Sourcing NPD job at Fortune Brands?

    Yes, the Associate Global Sourcing NPD position requires occasional travel, up to 20% of the time. This travel will support supplier visits, business audits, and continuous education in category management, providing hands-on experiences that enhance supplier relationships.

    Join Rise to see the full answer
    How does Fortune Brands promote inclusivity in the workplace for the Associate Global Sourcing NPD role?

    Fortune Brands promotes inclusivity through various Employee Resource Groups that encourages diversity and a sense of belonging. The company champions policies that embrace different perspectives, ensuring a supportive environment for every associate, including those in the Associate Global Sourcing NPD role.

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    Common Interview Questions for Associate Global Sourcing NPD
    What strategies would you use to enhance supplier performance in the Associate Global Sourcing NPD role?

    In the Associate Global Sourcing NPD role, enhancing supplier performance can involve utilizing scorecards to evaluate and continuously improve supplier metrics. Engaging in regular reviews and establishing KPIs will help ensure our suppliers meet performance expectations.

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    How do you prioritize tasks when managing multiple projects as an Associate Global Sourcing NPD?

    Managing multiple projects requires strong organizational skills. I prioritize tasks by assessing project timelines, aligning them with business objectives, and applying effective time-management techniques to ensure milestones are met without sacrificing quality.

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    Can you describe your experience with negotiation in a sourcing context?

    In my previous roles, I've negotiated contracts by preparing thorough cost analyses and determining negotiation strategies based on supplier performance and competitiveness, which led to favorable terms that aligned with the company's goals.

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    What role does communication play in the Associate Global Sourcing NPD position?

    Effective communication is crucial in the Associate Global Sourcing NPD role as it facilitates collaboration across teams and with suppliers. It's about ensuring that everyone is aligned on project goals and expectations and addressing any issues that arise promptly.

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    How do you ensure compliance with a supplier's code of conduct?

    To ensure compliance with a supplier's code of conduct, I would conduct regular audits, provide clear guidelines for adherence, and maintain open lines of communication to address any compliance issues as they arise.

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    What analytical tools or methods do you find most effective for analyzing costs?

    I often utilize advanced Excel functions, ERP systems, and financial modeling techniques to analyze costs effectively. These tools help me assess transportation costs, tariffs, and landed costs to make more informed supplier selection decisions.

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    How do you approach supplier selection in the Associate Global Sourcing NPD capacity?

    In supplier selection, I adopt a data-driven approach by evaluating suppliers based on their financial health, operational capabilities, and alignment with our company’s values. Ensuring a comprehensive assessment reduces risks and fosters strong supplier partnerships.

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    What experience do you have working in cross-functional teams for project success?

    My experience working in cross-functional teams has taught me the importance of collaboration and leveraging diverse skills. I actively communicate project goals to all members and seek input across teams, which ensures alignment and shared success.

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    Can you explain how you handle risks associated with suppliers?

    I assess potential risks by analyzing the supplier's performance metrics, financial stability, and compliance history. Setting up contingency plans and maintaining close communication helps to mitigate these risks effectively.

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    Why do you think a strategic sourcing model is essential for the Associate Global Sourcing NPD role?

    A strategic sourcing model is essential as it allows us to analyze supplier performance, integrate cost-saving strategies, and ensure alignment with broader company objectives. This approach enhances decision-making and improves the overall efficiency of the sourcing process.

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    DATE POSTED
    December 11, 2024

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