Littelfuse is one of America’s Best Mid-Sized Companies (Forbes) and has been named one of the Best Places to Work in Illinois (Best Companies Group) for 11 consecutive years. With its global headquarters in Chicago, Illinois, USA, Littelfuse is a leading, global manufacturer of electronic components serving more than 100,000 end customers across industrial, transportation, and electronics end markets. We have more than 17,000 employees with operations in 15 countries. From semiconductors to sensors… switches to fuses and more… we produce billions of electronic components that help our customers empower a sustainable, connected, and safer world. In 2021, Littelfuse had net sales of $2.1 billion.
Reporting to Procurement Manager, you as a Strategic Buyer will be responsible for …
About the job:
- Partner with NPD and cross-functional teams to support new product sourcing, including preferred supplier selection, early supplier involvement, RFQ execution, sample coordination, cost benchmarking, and commercial negotiations to achieve target pricing and ensure on-time product launches at optimal cost.
- Develop and execute the annual cost saving plan, leading supplier consolidation initiatives and negotiation activities to deliver committed savings targets; track, monitor, and report monthly savings performance.
- Drive continuous improvement of the supply base performance across Quality, Cost, Delivery, Payment Terms, and Consignment; identify, qualify, and consolidate suppliers with strong competitiveness and long-term value to support business unit requirements.
- Support sourcing strategy development by collaborating with cross-functional stakeholders, conducting supplier base and spend analysis, and providing data-driven insights to management for decision-making.
- Lead commercial negotiations including pricing, procurement contracts, and NDA execution, ensuring timely sign-off and effective contract implementation.
About you:
- Bachelor’s degree or above in a relevant field
- Fluent in spoken and written English
- 5+ years of sourcing experience, familiar with molding, stamping, tooling, plating, diecasting & machining…
- Ability to handle multiple tasks and resolve priority conflicts in a timely manner
- Good communications, negotiating, and problem-solving skills
- Proficiency in office software; Familiarity with SAP
- Littelfuse strives to empower associate growth and development in a culture of ongoing collaboration and respect for diverse global perspectives and expertise. Our Core Values – Customer Focus, Integrity, Innovation, Teamwork and Results Driven – supports us on our mission to improve the safety, reliability, efficiency, and performance of our customers’ products and systems