Make A Difference For Those Who Make The World64 The Job: The Stanley Black & Decker02Global Sourcing Management group02has an opportunity for an02Senior Advanced Sourcing Engineer02which will be02based in02Suzhou, CN.0202At Stanley Black & Decker, Innovation and New Product Development02are02key strategic initiatives to grow the business and the02Advanced Sourcing Engineer02role will play a vital part in delivering winning New Products in the market.02The position will have responsibility for providing sourcing leadership for New Product Development in a cross02functional team environment, which would include Supply Selection, Cost & Capital Management, Risk02Assessment & Mitigation, Supplier Management throughout the Product Development and On-Going Process02Improvements to speed Product Development.0202You’ll get to: 02 80Early new product involvement including product spec review, supply selection and risk Mitigation Plans 80Work in a cross functional team environment interacting with engineering, supply chain, quality, marketing, global strategy sourcing and our global supply base 80Initiate the contract discussion if needed and negotiate the cost, tooling/ equipment investment, MOQ, lead time and delivery schedule with suppliers 80Provide deliverables to program manager with update cost BOM, capacity ramp up plan and long lead time part list etc in each Milestone process 80Do make versus buy analysis if needed 80Evaluate the supplying risk, define long lead time parts and release LLR accordingly 80Work with trade compliance team on a COO plan if it’s to launch outside of China as tariff mitigation 80Support for problem solving and manage the communication with project team and supplier to make improvements if it’s required. Ensure the efficiency during new product development 80Assist transition from new product development to sustainable production with Global Strategy Sourcing team after the product launch 80Be an active participant in the milestone process and provide timely and accurate information on project progress.02 80Timely escalations for any delays/risks with the program leader/ASE Manager The Person: You love to learn and grow and be acknowledged for your valuable contributions. You’re not intimidated by innovation. Wouldn’t it be great if you could do your job and do a world of good?02 In fact, you embrace it. You also have:02 80Bachelor’s degree in technical area, preferably an engineering degree. 80Three to five 02years of direct material sourcing experience. Prior purchasing, manufacturing or product development experience preferred. Basic understanding of standard cost development, financial metrics, such as investment payback, gross sales margin, and how sourcing decisions can impact project finances 80Ability to manage multiple projects across diverse commodities, suppliers, and business functions. 80Fully self-directed with leadership skills - drives for results. Ability to manage tasks and deadlines when facing ambiguous information and circumstances, and excellent organized project management skills with attention to detail 80Demonstrate excellent written and spoken Skills – English and Strong interpersonal communications skills. 80Need to be in Flexible to work in Multiple time zones