NPI Sourcing Manager

An NPI Sourcing Manager at Ultima Genomics develops and implements sourcing strategies for new product introductions, working closely with engineering and product management teams to ensure product specifications are met while evaluating potential suppliers on cost, quality, and capacity.

To qualify for the NPI Sourcing Manager role at Ultima Genomics, candidates should possess a BS in Supply Chain Management, Engineering, Biotech, or related fields, along with over 10 years of experience in sourcing, procurement, or supply chain management, especially focused on new product development.

Ultima Genomics fosters a collaborative environment where the NPI Sourcing Manager can engage in innovative projects, gain valuable experience from diverse teams, and refine sourcing strategies that contribute to the company's cutting-edge genomic technologies.

The work culture at Ultima Genomics is collaborative and innovative, centered around teamwork and integrating diverse expertise. As an NPI Sourcing Manager, you'll work alongside professionals passionate about biotechnology and life sciences, which fosters both personal and professional growth.

At Ultima Genomics, the salary for the NPI Sourcing Manager ranges from $120,000 to $140,000, depending on skills, qualifications, and experience. This is just part of a broader compensation package that includes bonuses and benefits.

An NPI Sourcing Manager at Ultima Genomics will work on projects involving supplier qualification, contract negotiations, and supplier performance evaluation. These projects are crucial for ensuring product launch success and maintaining long-term strategic partnerships.

While the NPI Sourcing Manager position is primarily located in Fremont, California, Ultima Genomics acknowledges the importance of flexibility in the workplace and encourages discussions about remote work options during the hiring process.

To develop sourcing strategies for new products, I analyze market trends, align with stakeholder objectives, and evaluate supplier capabilities to ensure that all requirements are met. I also ensure to implement a clear communication plan that engages all parties.

My experience in supplier negotiations involves understanding both the company’s goals and the supplier’s capabilities. I prepare thoroughly, identify key negotiation points, and aim for a win-win situation that fosters long-term partnerships.

In managing inventory for new product launches, I prioritize demand forecasting and supplier capacity assessments. This allows me to maintain optimal stock levels to avoid interruptions while ensuring that we can meet market demand efficiently.

For high-risk suppliers, I assess potential impacts on product launches and develop contingency plans. This includes identifying alternative suppliers and maintaining open dialogue to address any issues proactively.

The NPI Sourcing Manager plays a crucial role in cross-functional teams by bridging the gap between product teams and suppliers. I facilitate communication, ensure alignment on product specifications, and help evaluate supplier performance against our goals.

I once managed a supplier evaluation project on a tight deadline. I prioritized tasks, delegated where appropriate, and held daily team check-ins to ensure we stayed on track, ultimately delivering the project ahead of schedule.

I stay updated by attending industry conferences, participating in webinars, and subscribing to relevant journals and newsletters. Networking with industry professionals also provides insights into emerging trends and best practices.

For sourcing management, I utilize tools like SAP Ariba for procurement processes, and I often work with data analytics software to analyze supplier performance and project costs to make informed decisions.

I evaluate supplier performance based on criteria such as delivery schedules, quality metrics, and responsiveness. Regular review meetings with suppliers help ensure they remain aligned with our expectations.

Successful supply chain management hinges on strong communication, collaboration, and data-driven decision-making. This ensures all stakeholders are aligned and fosters relationships that contribute to project success.