Procurement Trainee assisting in procurement operations and vendor communication. Gaining exposure to procurement workflows and best practices in a hybrid work environment.
About the role
- Supplier Development Manager leading supplier engagement and cost optimization initiatives at Franklin Electric. Collaborating cross-functionally and supporting cost reduction targets in product portfolios.
Responsibilities
- Lead and manage RFQ processes for New Product Development (NPD) programs, ensuring sourcing timelines are achieved.
- Partner with design engineering teams on Design for Manufacturability (DFM) reviews to embed supplier input early in the design cycle.
- Develop and maintain cost models for new and current products to drive competitive and sustainable cost structures.
- Collaborate with global category teams to identify and deliver process-related cost reduction projects that achieve annual savings targets.
- Support supplier development initiatives to strengthen capabilities, drive Value Analysis/Value Engineering (VAVE) improvements, and optimize supply performance.
- Act as a cross-functional liaison between procurement, engineering, operations, and suppliers to ensure program milestones and cost objectives are met.
Requirements
- Bachelor’s degree in engineering, Supply Chain, Business, or related field (Master’s preferred) OR 15 years demonstrated comparable experience.
- 7+ years of experience in supplier development, procurement, sourcing, or VAVE/value engineering within a manufacturing/industrial environment.
- Strong knowledge of DFM principles, cost modeling, and supplier cost reduction strategies.
- Proven track record of delivering annual cost savings through supplier collaboration and process improvement.
- Excellent project management, communication, and influencing skills.
- Comfortable working in a global, matrixed environment with multicultural teams.
- Proficiency in MS Office; ERP/PLM system experience a plus.
Benefits
- Hybrid remote work arrangements
- Generous paid time off & holidays
- Paid parental leave & on-site motherhood rooms
- On site café & complimentary beverage stations
- Indoor fitness facility & outdoor walking paths
- 401(k) with matching & service contributions
- Health, dental, vision, life insurance
- Short & long-term disability
- Fertility & adoption support
- Undergraduate & graduate tuition reimbursement
- Professional development assistance
- Health & wellness programs
Job title
Job type
Experience level
Salary
Not specified
Degree requirement
Tech skills
Location requirements
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