Supplier Development Manager leading supplier engagement and cost optimization initiatives at Franklin Electric. Collaborating cross-functionally and supporting cost reduction targets in product portfolios.
Responsibilities
Lead and manage RFQ processes for New Product Development (NPD) programs, ensuring sourcing timelines are achieved.
Partner with design engineering teams on Design for Manufacturability (DFM) reviews to embed supplier input early in the design cycle.
Develop and maintain cost models for new and current products to drive competitive and sustainable cost structures.
Collaborate with global category teams to identify and deliver process-related cost reduction projects that achieve annual savings targets.
Support supplier development initiatives to strengthen capabilities, drive Value Analysis/Value Engineering (VAVE) improvements, and optimize supply performance.
Act as a cross-functional liaison between procurement, engineering, operations, and suppliers to ensure program milestones and cost objectives are met.
Requirements
Bachelor’s degree in engineering, Supply Chain, Business, or related field (Master’s preferred) OR 15 years demonstrated comparable experience.
7+ years of experience in supplier development, procurement, sourcing, or VAVE/value engineering within a manufacturing/industrial environment.
Strong knowledge of DFM principles, cost modeling, and supplier cost reduction strategies.
Proven track record of delivering annual cost savings through supplier collaboration and process improvement.
Excellent project management, communication, and influencing skills.
Comfortable working in a global, matrixed environment with multicultural teams.
Proficiency in MS Office; ERP/PLM system experience a plus.
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