Sr. Project Buyer- Product Development

Sr. Project Buyer
- New Product Development What You Will Do In Your Role

Procurement and NPD:

• Execute NPD sourcing strategies that align with category plans, program timing, customer requirements, and business objectives.

• Serve as the procurement point of contact for assigned programs, providing supplier, material, cost, risk, and opportunity insights to cross-functional project teams.
• Lead source selection activities using Molex sourcing processes, total landed cost analysis, RFQs, supplier capability assessments, and commercial negotiations.
• Develop and apply subject matter expertise in metals strip, resins, seals, and outsourced raw materials/components in partnership with engineering, product development, project management, and category teams.
• Support Supplier Relationship Management activities by strengthening supplier engagement, performance visibility, supply continuity, and issue resolution.
• Support cost reduction and value creation through leverage development, negotiations, VAVE support, payment term improvement, and lifecycle cost management.
• Promote economic thinking in all sourcing decisions by applying Total Cost of Ownership (TCO) analysis, total landed cost, cost-driver evaluation, trade-off assessment, and long-term business impact considerations.
• Partner with regional and global sourcing teams to deploy best practices, improve replenishment strategies including VMI/SOI, and strengthen material planning alignment.
• Collaborate with supplier quality, engineering, operations, and plant teams to support quality improvement strategies, address incoming material issues, improve supplier performance, and reduce quality-related disruption.
• Communicate sourcing recommendations, risks, savings opportunities, and project status clearly to leadership and key stakeholders.
• Support VAVE initiatives globally by helping identify, prioritize, and execute value-creation opportunities that align with plant, program, customer, and business goals.
• Partner with engineering, product development, operations, quality, and suppliers to evaluate VAVE ideas related to material selection, design optimization, manufacturing efficiency, specification alignment, and supply chain improvements.
• Participate in cross-functional VAVE reviews, workshops, or committee discussions to help convert cost-down concepts into actionable projects with clear owners, timing, business cases, and savings targets.
• Support VAVE project execution from idea generation through validation, approval, implementation, and financial benefit tracking.
• Contribute to the VAVE pipeline globally by documenting opportunities, assumptions, savings potential, risk considerations, execution status, and stakeholder alignment.
• Provide updates on VAVE progress, barriers, timing, savings impact, and escalation needs to leadership and key stakeholders as needed.
• Coordinate savings opportunities between regions, sharing resources to avoid redundancy and maximize value.

• Bachelor’s degree in Supply Chain, Business, Engineering, or a related discipline.
• 3+ years of experience in strategic sourcing, category management, procurement, supply chain, or related commercial / technical roles.
• Demonstrated technical capabilities (design acumen, materials, manufacturing processes) to assess cost drivers/opportunities for savings.
• Experience leading or supporting supplier negotiations, RFQs, cost analysis, total cost of ownership improvement initiatives, and VAVE or cost-reduction projects.
• Strong analytical capability, including advanced Excel skills and experience using spend analytics, procurement, or business intelligence tools.
• Ability to lead cross-functional work with influence, including engineering, quality,…