Product Sourcing Specialist

Job description

Hyve Company Overview Hyve Solutions transforms complex engineering challenges into production reality for technology innovators building AI, cloud, and connected infrastructure. As a US-based manufacturing partner, the company rapidly delivers fast, agile execution through dep technical partnerships and co-innovation, and supply chain clarity. Hyve’s integrated ODM, CM, and SI capabilities eliminate vendor complexity while accelerating time-to-market with single-partner accountability from design through scale. The company co-innovates with deep engineering expertise, treating customer success as its own while building tomorrow's digital infrastructure. Job Description Product Sourcing Manager Hyve Solutions is a leader in the data center solutions industry, designing, manufacturing, and delivering custom Server, Storage, and Networking Solutions to the world’s largest Cloud, Social Media, and Enterprise companies. We pride ourselves on collaboration, innovation and thought leadership. Our team consists of diverse, forward-thinking individuals who dare to challenge the status quo, while working with many of the world’s biggest customers. Hyve Solutions is a part of Synnex Corporation, a Fortune 500 company. Become part of a team that thrives on excellence in a fast changing, high-growth technology environment! Hyve Solutions is looking for a detail-oriented, hands-on, results-driven individual with proven communication skills and a strong work ethic to work in a challenging, fast-paced, energetic environment with responsibilities that include purchasing supplies and services from vendors; planning, scheduling and monitoring the movement of material through the production cycle; determining the material requirements for production schedules and coordinating the efficient movement of materials with purchasing, production and engineering functions. Responsibilities: Owns vendor relationship and is the key point of contact for vendor and for all Hyve team for vendor related issues. Own the sourcing cost reduction strategy, including setting cost targets, negotiating prices for commodity. Identify and drive cost savings opportunities, present proposals to management, implement the initiatives and track progress Partner with supply chain team to ensure order allocation, continuity in supply and order flexibility. Manage new supplier qualification process with the goal of improving quality, reducing cost and with better service and lead times Proactively work on multiple source strategy for key products to ensure business continuity, pricing competitiveness, best quality and operational flexibility Coordinate with cross-functional teams to ensure that products are compliant to all relevant standards and have all country certifications required for sale in the target markets Analyze product market conditions, identify trends, and communicate to the Hyve teams. Propose and drive any mitigation plans Measure vendor performance, evaluate performance trends and put together the improvement plan. Lead executive quarterly business reviews and product road maps with key vendors Partner with legal team and drive the contract negotiations with vendors. Partner with vendors to gain deep understanding of the product lifecycle, partner with Hyve engineering and NPI team to initiate, drive and track product qualifications. Qualifications: Bachelor’s Degree in Business Administration or related area with a minimum of 12 years of related purchasing experience OR equivalent combination of higher education and experience. Excellent business communication skills (oral and written) including fluent speaking, reading, and writing skills in English and strong interpersonal skills, bilingual in Chinese/Mandarin highly desirable. Must be hands-on and detail oriented with strong analytical and organizational skills. Demonstrated knowledge and understanding of purchasing duties and production/scheduling process. Proven vendor management and product knowledge experience. Ability to work in dynamic, team-oriented, fast-paced environment. Advanced skills with Microsoft Office applications including ability to work with pivot tables and v-lookups. Compensation: The anticipated base salary range for this position is $70,000-$105,000 annually . Actual compensation will be determined based on experience, skills, qualifications, and business needs. What’s in it for you Benefit Insurance Flexible Spending Account (FSA) Health Savings Account (HSA) Mental Health Care 401K with match Paid Holidays, Vacation & Sick Days Tuition Reimbursement Perks at Work LEAP Program MyFlexPay We are an Equal Opportunity Employer and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, or any other legally protected status. We are committed to creating an inclusive environment for all employees.