SUMMARY:
We are hiring a temporary role to join the sourcing team.
The sourcing team drives the product life cycle process from concept to launch in support of our global design and vendor/partner. This team plays a key role in Owlet’s overall success by facilitating the development roadmap, selecting vendor/partner, establishing the supply chain, and managing vendor/partner relationships while seizing the best value of total cost of ownership.
PRIMARY RESPONSIBILITIES:
Supplier Relationship Management (SRM):
- Manage relationships with suppliers to ensure alignment with organizational goals.
- Facilitate Quarterly Business Reviews (QBR) with key suppliers to review performance, address concerns, and identify areas for improvement.
- Collaborate with internal stakeholders to enhance communication and collaboration with suppliers.
Pricing Negotiation and Cost Management:
- Assist in negotiating pricing structures for both newly developed and existing products, ensuring cost-effectiveness and alignment with company objectives.
- Analyze market trends and competitor pricing to support negotiation strategies.
- Work closely with the finance team to ensure pricing models are financially sound.
- Monitoring monthly consignment inventory, yield loss, and PPV reports, excess inventory at contract manufacturer.
Purchase Order (PO) Creation:
- Generate purchase orders detailing the agreed-upon terms and conditions.
- Specify the type and quantity of materials required, delivery dates, and any other pertinent information.
- Keep tracking the purchase status of materials until they get delivered.
Vendor Set-Up and Records Management:
- Oversee the vendor set-up process, including the completion of necessary documentation such as Non-Disclosure Agreements (NDAs), Master Service Agreements (MSAs), and Statements of Work (SOWs).
- Maintain organized records in the sourcing and procurement folder, ensuring compliance with all legal and regulatory requirements.
QUALIFICATIONS:
- Bachelor’s degree in Supply Chain Management, Business or a related field
- Experience in a supply chain, procurement or buying role, preferably in manufacturing, retail, electronics
- Strong analytical, negotiation, communication skills
- Proficiency in Microsoft Office tools.
- Ability to manage multiple priorities in a fast-paced environment
- Detail-oriented with a proactive and collaborative approach
PREFERRED:
- Experience with international sourcing or working with overseas suppliers
- Language skills, preferably Chinese.
- Familiarity with sustainability practices in procurement
- Certification (e.g., CPM, CPSM, CIPS) is a plus
Owlet Baby Care, Inc. is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, protected veteran status, disability status, or any other characteristic protected by law.