Strategic Sourcing Lead - Electrical Components
Apply NowCompany: Lennox International
Location: Richardson, TX 75080
Description:
Company Overview
Lennox (NYSE: LII) Driven by 130 years of legacy, HVAC and refrigeration success, Lennox provides our residential and commercial customers with industry-leading climate-control solutions. At Lennox, we win as a team, aiming for excellence and delivering innovative, sustainable products and services. Our culture guides us and creates a workplace where all employees feel heard and welcomed. Lennox is a global community that values each team member's contributions and offers a supportive environment for career development. Come, stay, and grow with us.
Job Description
We are seeking a highly motivated and experienced Sourcing Lead for Electrical Components to join our dynamic team in Controls Strategic Sourcing. This is an exciting opportunity to play a pivotal role in one of the most dynamic and fastest growing areas of the HVACR industry. The ideal candidate will be responsible for developing and executing sourcing strategies to ensure the procurement of high-quality electrical components at competitive prices. This role requires a strong understanding of the electrical components market, excellent negotiation and organizational skills, and the ability to build and maintain relationships with contract manufacturers, electronic manufacturers and distributors, and internal engineering teams.
WHAT YOU WILL BE DOING
Qualifications
WHAT WE ARE LOOKING FOR
WHAT WE OFFER:
At Lennox, we realize that our greatest assets are our employees. This is why we are committed to providing limitless opportunities for growth and development of all our employees, largely promoting from within the organization. Lennox offers employees a variety of flexible work options.
This role is based in the office Monday through Thursday, with the option to work remotely on Fridays.
Benefits:
The compensation range for this position is approximately $97,000 - $127,000 and will be based on the candidate's qualification, experience, and education
OUR CULTURE
At Lennox, our Core Values of Integrity, Respect & Excellence are ingrained in the fabric of the organization. They define our culture - which is about how we do business and how we treat others. Lennox is not just a workplace; we are a global community that values each team member's contributions. As an equal opportunity employer, we are committed to recruit, develop, and retain talented individuals from a wide range of backgrounds, ensuring that everyone has the opportunity to succeed and contribute to our continued growth and success. At Lennox, you'll take pride in our brands, knowing you are part of something special. Come, stay, and grow with us!
#LI-PP
Lennox (NYSE: LII) Driven by 130 years of legacy, HVAC and refrigeration success, Lennox provides our residential and commercial customers with industry-leading climate-control solutions. At Lennox, we win as a team, aiming for excellence and delivering innovative, sustainable products and services. Our culture guides us and creates a workplace where all employees feel heard and welcomed. Lennox is a global community that values each team member's contributions and offers a supportive environment for career development. Come, stay, and grow with us.
Job Description
We are seeking a highly motivated and experienced Sourcing Lead for Electrical Components to join our dynamic team in Controls Strategic Sourcing. This is an exciting opportunity to play a pivotal role in one of the most dynamic and fastest growing areas of the HVACR industry. The ideal candidate will be responsible for developing and executing sourcing strategies to ensure the procurement of high-quality electrical components at competitive prices. This role requires a strong understanding of the electrical components market, excellent negotiation and organizational skills, and the ability to build and maintain relationships with contract manufacturers, electronic manufacturers and distributors, and internal engineering teams.
WHAT YOU WILL BE DOING
- Develop and implement sourcing strategies for electrical components in the Controls Team to support production and operational needs at various EMS partners.
- Identify, evaluate, and select suppliers based on quality, cost, delivery, technology, and service.
- Negotiate contracts and terms with suppliers to achieve the best pricing and favorable terms.
- Monitor supplier performance and conduct regular assessments to ensure compliance with quality standards, delivery schedules, sourcing processes, and strategic sourcing initiates.
- Collaborate with engineering and production teams to align sourcing strategies with demand and technology roadmaps.
- Engage in new supplier evaluations as well as manage existing supplier relationships to foster collaboration and drive continuous improvement and cost reduction initiatives.
- Develop preferred supplier list and interface with Engineering to ensure the implementation of PSL in new and existing product designs.
- Analyze market trends and stay updated on industry developments to identify new sourcing opportunities.
- Prepare and present reports on sourcing activities, market analysis, and performance metrics to senior management.
- Ensure compliance with company policies and procedures, as well as legal and regulatory requirements.
Qualifications
WHAT WE ARE LOOKING FOR
- Bachelor's degree in Supply Chain Management, Business Administration, Industrial Engineering, Electrical Engineering, or a related field.
- Minimum of 5-8 years of experience in sourcing or procurement with electrical components.
- Strong understanding of the electronic distributor market and supply chain. Strong understanding of electrical components, materials, and manufacturing processes.
- Excellent negotiations, presentation, analytical, planning, written, and verbal skills.
- Proficient in data analysis and market research.
- Strong organizational skills with the ability to manage multiple projects simultaneously.
- Experience with PLM software
- Proficiency in procurement software and Microsoft Office Suite.
- Ability to lead a cross functional commodity team and work across the organization at all levels.
WHAT WE OFFER:
At Lennox, we realize that our greatest assets are our employees. This is why we are committed to providing limitless opportunities for growth and development of all our employees, largely promoting from within the organization. Lennox offers employees a variety of flexible work options.
This role is based in the office Monday through Thursday, with the option to work remotely on Fridays.
Benefits:
- Competitive base salary
- Excellent medical plans designed to support healthy lifestyles
- Mental and financial health programs
- Outstanding 401k with company match and 1-year bonus
- Employee Stock Purchase Program
- Community involvement opportunities
- Robust Employee Assistance Program
- Relocation assistance is available
- And much, much more!
The compensation range for this position is approximately $97,000 - $127,000 and will be based on the candidate's qualification, experience, and education
OUR CULTURE
At Lennox, our Core Values of Integrity, Respect & Excellence are ingrained in the fabric of the organization. They define our culture - which is about how we do business and how we treat others. Lennox is not just a workplace; we are a global community that values each team member's contributions. As an equal opportunity employer, we are committed to recruit, develop, and retain talented individuals from a wide range of backgrounds, ensuring that everyone has the opportunity to succeed and contribute to our continued growth and success. At Lennox, you'll take pride in our brands, knowing you are part of something special. Come, stay, and grow with us!
#LI-PP