Sourcing & Inventory Control Specialist - Oviedo FL

Position Summary

The Manufacturing Sourcing Specialist is responsible for sourcing and managing suppliers for electronic components, PCBs, mechanical components, and related materials essential for production of Curis decontamination systems. This role ensures cost-effective procurement, quality compliance, and timely delivery to support manufacturing operations in a fast-paced electronics environment. An Inventory Control Specialist is responsible for managing and maintaining accurate inventory levels within a company. Their main goal is to ensure that the right amount of stock is available at the right time, minimizing shortages and excess. Here are the key responsibilities:

Key Responsibilities

Supplier Identification & Qualification: - Source and qualify suppliers for electronic and mechanical components, PCBs, connectors, and assemblies. - Conduct technical and quality audits to ensure compliance with industry standards (IPC, RoHS, REACH).

Negotiation & Contract Management: - Negotiate pricing, lead times, and terms for electronic parts and assemblies. - Establish long-term agreements with strategic suppliers to secure availability and cost stability.

Cost Optimization & Risk Management: - Monitor global electronics market trends, component shortages, and pricing fluctuations. - Develop risk mitigation strategies for critical components and manage alternate sourcing plans.

Cross-Functional Collaboration: - Work closely with engineering teams to align sourcing decisions with BOM requirements and design changes. - Partner with quality and compliance teams to ensure supplier adherence to specifications and certifications.

Supplier Performance & Scorecards: - Develop and maintain supplier scorecards to evaluate performance across key metrics: • Quality: Defect rates and compliance with specifications.

Delivery: On-time delivery percentage and lead time adherence. • Cost: Price competitiveness and cost savings achieved. • Responsiveness: Communication and issue resolution speed. - Use scorecard data to identify underperforming suppliers, implement corrective actions, and drive continuous improvement. - Present quarterly performance reviews to internal stakeholders and suppliers.

Reporting & Systems: - Maintain accurate sourcing data in ERP systems. - Provide regular reports on cost savings, supplier performance, and risk mitigation strategies.

Monitor Inventory Levels - Track stock quantities in warehouses or storage facilities. Use inventory management systems to maintain real-time data.

Order Management - Coordinate with purchasing teams to reorder products when stock is low. Prevent overstocking or understocking by analyzing demand trends.

Auditing and Reconciliation - Conduct regular physical inventory counts. Compare actual stock with system records to identify discrepancies.

Data Analysis - Analyze inventory reports to forecast demand. Identify slow-moving or obsolete items and recommend actions.

Compliance and Documentation - Ensure proper documentation for inventory transactions. Maintain compliance with company policies and industry regulations.

Collaboration - Work closely with procurement, production, and logistics teams to align inventory with operational needs.

Qualifications:

· Education: Bachelor’s degree in Supply Chain Management, Business, Electrical Engineering, or related field.

· Experience: - 3+ years in sourcing or procurement within electronics manufacturing. - Familiarity with electronic components, PCB fabrication, and assembly processes.

· Skills:

Proficiency in ERP systems and MS Office Suite.

Strong negotiation and analytical skills

Strong attention to detail.

Proficiency in inventory management software (e.g., SAP, Oracle, NetSuite).

Analytical and problem-solving skills.

Knowledge of supply chain and warehouse operations.

· Preferred: - Knowledge of global electronics supply chain dynamics and component lifecycle management. - Experience with international sourcing and customs compliance.

Key Competencies:

· Strategic sourcing and cost analysis.

· Ability to manage multiple priorities in a fast-paced environment.

· Strong attention to detail and technical understanding of electronics.

KPIs & Performance Metrics:

· Annual Cost Savings: Achieve a minimum of 5–10% reduction in component costs through strategic sourcing and negotiations.

· Supplier Consolidation: Reduce supplier base by 10–15% while maintaining quality and delivery standards.

· Lead Time Reduction: Improve average lead time by 10% through supplier optimization.

· Quality Compliance: Maintain <1% defect rate on sourced electronic components.

· Scorecard Coverage: Ensure 100% scorecard implementation for strategic suppliers.