Methode Electronics

Compensation

Full Description

Position Summary: This role is responsible for driving the early engagement of procurement in product development programs to ensure supplier readiness, cost competitiveness, and risk mitigation. This role leads sourcing strategy for new products, technologies, and programs from concept through launch. The NPD Senior Sourcing Manager partners cross-functionally with Engineering, R&D, Program Management, and Supply Chain to influence design decisions, secure supplier capabilities, and deliver flawless launches with robust supply chains. As a key strategic leader, this role shapes sourcing frameworks that support innovation, cost competitiveness, and speed-to-market, while building long-term supplier partnerships that align with business growth, product and technology roadmaps. Key Responsibilities Strategic Sourcing & Program Leadership Lead sourcing activities for all new product development (NPD) and new program introduction (NPI), from concept through production ramp-up. Develop sourcing roadmaps and early supplier involvement strategies aligned with engineering, manufacturing, and product lifecycles. Partner with category leaders, buyers to integrate Strategic and Preferred suppliers into new product and platform designs. Evaluate new technologies, materials, and processes to ensure supply base alignment with innovation goals. Cross-Functional Collaboration Serve as the primary sourcing interface to Program Management, R&D, and Engineering teams. Influence design-to-cost (DTC), design-for-manufacturability (DFM), and design-for-supply (DFS) decisions to balance performance, cost, and risk. Align procurement deliverables with program timelines, budgets, and gate reviews. Drive transparency and alignment between development milestones and sourcing activities. Supplier Development & Risk Mitigation Partner with Supplier Development Team to identify and qualify suppliers early in the design phase for new technologies and components. Ensure supplier readiness for prototype, pre-production, and launch volumes. Work jointly with Supplier Quality team to conduct risk assessments on critical components, new technologies, or unproven suppliers. Support localization, dual sourcing, and sustainability initiatives in close coordination with Supplier Development and Quality, ensuring alignment with program objectives Program Cost Management Develop target costing strategies aligned with customer pricing, BOM cost goals, and margin targets. Support negotiation of initial pricing, tooling investments, and long-lead component strategies. Collaborate with cost engineering to evaluate make-vs-buy and component-level trade-offs. Operational Excellence Standardize sourcing processes across programs to reduce launch risk and improve scalability. Implement tracking tools for sourcing deliverables, supplier milestones, and risk metrics. Support PLM (Product Lifecycle Management) and ERP system integration of BOM and sourcing data. Qualifications Bachelor’s degree in engineering, Supply Chain, or Business; Master’s degree or MBA preferred. 7+ years of experience in strategic sourcing, new product development, or procurement within Automotive/Industrial or technology-driven environment. Strong background in working with cross-functional teams on complex product launches and platform-based development. Deep understanding of supply chain, commodity markets, and cost structures across direct materials Proven track record of leading NPD Sourcing strategy in fast-paced, engineering-driven organizations. Exceptional program management skills and familiarity with phase-gate or Agile development models. Experience with supplier selection, contract negotiation, and supplier qualification processes. Familiarity with digital tools (PLM, ERP, cost modeling) and data-driven sourcing. Excellent communication, influencing, and leadership skills in a matrixed, global organization Certifications such as PMP, CPSM, or Six Sigma Green Belt is preferred The base pay hiring rate expected for this position is: $126,000 - $168,000. This position is eligible to participate in an incentive plan. Metrics and level of participation are determined annually. Benefits and Perks Methode offers US employees Medical, Dental, Vision, Hearing, Life & Disability insurance, a wellness program, and time off benefits. Voluntary benefit plans include Accident, Hospital Indemnity and Pet Insurance. Methode provides an Employee Assistance Program, and participation in the Company’s 401(k) plan which includes a company contribution. Base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Hourly employees will also be paid overtime pay when working qualifying overtime hours. Methode Electronics is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information and other legally protected characteristics per the EEO Poster available here . If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to recruiting@methode.com or call (708) 867-6777 and let us know the nature of your request and your contact information. Methode Electronics is a leading developer of custom-engineered and application-specific products and solutions utilizing the latest technologies. From magnetic signature sensing of mechanical and electrical properties to the revolutionary solid-state touch sensitive switches used in today's appliances and automobiles, Methode's extensive toolbox of technical solutions help our customers differentiate their products. Our regional design and customer support centers, coupled with manufacturing campuses in the Americas, Europe, and Asia allow Methode to bring a total business solution to customers worldwide. We leverage the talents of our over 5,000 employees to serve a diversified group of customers in four market areas: User Interfaces, Sensor and Switches, Power and Data. Methode helps customers win in their end markets by providing an unmatched combination of customer focus, differentiated technology, problem solving and world-class manufacturing.