Strategic Sourcing Manager

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WHY WE NEED YOU

As Virgin Hyperloop (VH) continues our journey to build the world’s first hyperloop and act as a disruptive force in the transportation industry, we are in need of an experienced Strategic sourcing Manager for our growing organization.

The Strategic Sourcing Manager’s role is to identify, evaluate, approve, integrate and manage strategic and preferred suppliers for Virgin Hyperloop.


WHAT YOU'LL DO

  • Act as a primary strategic sourcing expert for the company
  • Assist with the development of a Sourcing Strategy/Plan based on our product roadmap
  • Develop a supplier management program with key suppliers including metrics, performance goals and improvement initiatives.
  • Evaluate sourcing procedures and present improvement strategies to senior management for approval
  • Lead department to develop forecasts for future demand and place orders in a timely fashion based upon vendor lead-time
  • Analyze and calculate procurement costs and develop cost reduction strategies
  • Drive purchasing decisions based on cost and scenario analysis, as well as market trends
  • Negotiate contracts with key suppliers, including costs and terms of supply, service, and quality
  • Collaborate with the procurement department to identify and pursue new supplier opportunities
  • Conduct market research, as well as create cost estimates and forecasts
  • Estimate risks and applying risk minimizing techniques, as well as negotiating contracts that comply with industry regulations
  • Maintain strategic sourcing relationships and developing strong partnerships
  • Evaluate supplier core competencies and competitive positioning using industry cost models


WHAT YOU'VE DONE

  • Be a technical expert and will have a strong associated supplier network
  • Experience with Excess and Obsolescence management
  • Work well under pressure with exceptionally tight deadlines
  • Have a blend of both technical and business experience with a strong background in manufacturing and/or design
  • Possess excellent judgement and the ability to make and execute on decisions for the holistic betterment of the company with little oversight
  • Demonstrate integrity, respect, commitment to excellence, collaboration, creativity, and agility
  • Exhibit strong customer service skills and an entrepreneurial spirit
  • Effectively prioritize and execute tasks in a high-pressure environment
  • Have a vision of the big picture, be able to socialize the vision across the organization, obtain buy-in from key stakeholders, and translate the vision into actionable tasks
  • Be able to communicate ideas in both a technical and user-friendly language
  • Address problems with a positive, creative, collaborative approach, always keeping the customer experience in mind
  • Have exceptional communication skills, both written and verbal, and experience in presenting complex ideas to executive level audiences
  • Have strong relationship building skills, and the ability to interact and work effectively with all levels of personnel and influence key stakeholders in order to get things done and set proper expectations
  • Be able to take ownership and assignments of projects from beginning to end and capable of self-checking work produced for completeness and accuracy
  • Basic understanding of how to read blueprints/drawings, interpret specifications and review statements of work for commercial items
  • General understanding of the Uniform Commercial Code, U.S. Government FAR, DFARS and ITAR requirements.
  • General understanding of enterprise quality system functionality (e.g., ISO 9000, AS9100, TS16949, etc.).
  • General understanding of ERP systems and MRP logic
  • Demonstrated ability to interpret technical documents and estimate costs, estimate lead times, and identify the best value supplier
  • Proven experience in supporting critical new product introduction activities for highly technical products
  • Demonstrated project management skill
  • Proven experience with drafting, executing and actively managing MSA and MPA agreements
  • Proven experience leading suppliers and a team through R&D (Research and Development) into a production stage of a company’s life cycle


PREFERRED EXPERIENCE:

  • Certifications preferred: A.P.P., C.P.M., CPSM, CSCP, CPIM.
  • GIDEP Alert Representative experience
  • Previous experience in a start-up or high growth environment
  • Previous experience sourcing contract manufacturers
  • Exceptional technical and cost knowledge of power electronics, and contract manufacturing
  • Experience with financial control systems or cost accounting structures


WHY VIRGIN HYPERLOOP

  • Our Benefits: medical (including infertility & mental health), dental, vision, life, FSA, HSA, 401k, and more 
  • Your Wellbeing: flexible work schedules, unlimited PTO, and 16 weeks of paid parental leave


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Location

We're located in the Arts District, an up-and-coming neighborhood with trendy restaurants and breweries – just minutes from Downtown LA.

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