Signify

Global Strategic Sourcing Manager, Electrical

Signify  •  Budapest, HU (Onsite)  •  4 hours ago
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Job Description

About Signify

Through bold discovery and cutting-edge innovation, we lead an industry that is vital for the future of our planet: lighting. Through our leadership in connected lighting and the Internet of Things, we're breaking new ground in data analytics, AI, and smart solutions for homes, offices, cities, and beyond.

At Signify, you can shape tomorrow by building on our incredible 125+ year legacy while working toward even bolder sustainability goals. Our culture of continuous learning, creativity, and commitment to diversity and inclusion empowers you to grow your skills and career.

Join us, and together, we’ll transform our industry, making a lasting difference for brighter lives and a better world.

More about the role

As the Global Strategic Sourcing Manager you will be responsible for Cables, Connectors and Wires (CCW Category). Develops and manages allocated supply base to optimize procurement activities. Collaborates with cross-functional teams to identify and implement cost-saving opportunities. Ensures compliance with company policies and industry regulations in all sourcing activities.

Key Areas of Responsibility

  • Leading the development and execution of strategic sourcing strategies to achieve cost reduction and supplier performance objectives.
  • Collaborating with internal stakeholders to understand business needs and align sourcing strategies accordingly.
  • Conducting thorough market analysis to identify potential suppliers and assess their capabilities.
  • Understanding the technical and business strategic requirements and able to translate in supplier strategy and supplier management.
  • Negotiating contracts and agreements with suppliers to secure favorable terms and conditions.
  • Monitoring supplier performance and manages supplier relationships to ensure quality and delivery standards are met.
  • Ensuring compliance with company policies, procedures, and industry regulations in all sourcing activities.
  • Providing guidance and mentorship to junior team members in procurement best practices and sourcing strategies.
  • Executing of the commodity strategy, execution of supply base strategy and supplier strategy.
  • New supplier scouting, selection in NPDL (New Product Development) phase and early supplier involvement
  • Leading tender generation and review process for the assigned scope in the NPDL phase.
  • Ensuring that all Supplier related risks are controlled and mitigated and reviewing the compliance of the suppliers in the assigned scope regarding the Supplier quality, Supplier Sustainability and Supplier Development KPI's.
  • Supporting procurement excellence (Value Engineering, DfX conventions, supplier development etc.) within the assigned scope.
  • Driving mid- and long-term price forecast for assigned suppliers.

Critical Experiences

  • Bachelor's degree in Supply Chain Management, Engineering or Mechanical combined with Business Administration.
  • Minimum of 5 years of experience in strategic sourcing or procurement in electrical / connectors category, with a focus on supplier negotiation and contract management.
  • Outstanding negotiations skills
  • Strong ability in managing internal and external stakeholders
  • Experience in global role

Everything we’ll do for you

You can grow a lasting career here. We’ll encourage you, support you, and challenge you. We’ll help you learn and progress in a way that’s right for you, with coaching and mentoring along the way. We’ll listen to you too, because we see and value every one of our 27,000+ people. We believe that a diverse and inclusive workplace fosters creativity, innovation, and a full spectrum of bright ideas. With a global workforce present in 70+ countries, we are dedicated to creating an inclusive environment where every voice is heard and valued, helping us all achieve more together.

Come join us, and together we can light up the future.

Signify

About Signify

Signify (Euronext: LIGHT Signify is the world leader in lighting for professionals and consumers. We unlock the extraordinary potential of light for brighter lives and a better world. Our global portfolio of brands deliver advanced products, connected systems and services, designed to enhance well-being and performance, to elevate experiences and advance sustainability. In 2024, we had sales of EUR 6.1 billion, approximately 29,000 employees and a presence in over 70 countries. We are featured in the Dow Jones Sustainability World Index and hold the EcoVadis Platinum rating. News and updates from Signify can be found in the Newsroom, on LinkedIn and Instagram. Information for investors is located on the Investor Relations page.

Industry
Manufacturing & Production
Company Size
10,000+ employees
Headquarters
Eindhoven, NL
Year Founded
Unknown
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