Parsippany, NJ30+ days ago
Develop and manage sourcing strategies for high-specification industrial valves and associated components • Negotiate contracts with qualified vendors, ensuring compliance with defense regulations (e.g., ITAR, DFARS) • Evaluate supplier performance and maintain a reliable network of defense-compliant suppliers • Execute broad-based strategies to leverage direct material spend via LTAs, IDIQs with suppliers, mitigating direct material escalation and reducing material cost baseline • Institute dual sourcing strategies where applicable to mitigate supply chain risks • Participate in make versus buy reviews in concert with operations leader • Leads supplier summits to foster engagement and collaboration with the supply base • Creates tools to assess supplier capacity to determine production risk • Supply Chain Planning & Execution • Lead and develop the supply chain team, fostering a culture of continuous improvement and operational excellence • Prepare and manage direct material departmental budgets, forecasts, and reports related to supply chain activities • Develop an integrated suite of supply chain performance metrics and identify opportunities for cost reduction, process improvement, and risk mitigation • Create and manage demand forecasts in coordination with engineering, sales, and production • Oversee inventory management, material planning, MRP, and just-in-time delivery strategies • Lead supply chain risk assessments and develop contingency plans • Work with the planning function to assess supply chain risk and actively mitigate the risks within the three-time planning horizon by expediting where applicable • Coordinates the physical movement and storage of goods, including transportation routes, warehouse functions, and inbound/outbound logistics • Generate and manage accurate forecasts • Provide monthly, quarterly, and yearly revenue forecasts. This role involves strategic planning, procurement, logistics, inventory management, and supplier relationships to ensure the reliable and timely delivery of products to defense clients while maintaining compliance with military and government regulations.