What are the responsibilities and job description for the Sourcing Manager - New Product Development position at Ashley Job Opportunities?
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Strategic Sourcing Manager- New Product Development (NPD)
Location: Arcadia, Wisconsin (Onsite)
Overview
The New Product Development Strategic Sourcing Manager oversees sourcing strategy and supplier partnerships that drive innovation, cost efficiency, and quality in new product launches. This role coordinates cross-functionally with engineering, product management, procurement, and manufacturing teams to ensure a robust and agile supply base for all NPD initiatives.
Key Responsibilities
- Develop and execute sourcing strategies to support new product development from concept through production readiness.
- Collaborate with design and engineering teams to identify and qualify suppliers for new components, materials, and technologies.
- Lead supplier negotiations to ensure optimal cost structures, quality standards, and lead times.
- Evaluate supplier capabilities and performance, promoting continuous improvement and innovation.
- Manage risk in the supplier base by assessing financial health, capacity, geographic exposure, and compliance.
- Partner with global procurement teams to align sourcing initiatives with corporate supply chain strategies.
- Facilitate early supplier involvement (ESI) in NPD projects to enhance manufacturability and cost-effectiveness.
- Monitor market trends, emerging technologies, and industry cost drivers to identify sourcing opportunities.
- Prepare and present sourcing recommendations and total-cost-of-ownership (TCO) analyses to executive leadership.
- Drive sustainability and ESG (Environmental, Social, and Governance) considerations into the NPD sourcing process.
Qualifications
- Bachelor’s degree in Supply Chain Management, Engineering, Business Administration, or related field; MBA preferred.
- 7 years of progressive experience in strategic sourcing or supply chain management, with a focus on new product development or advanced manufacturing.
- Proven track record in supplier selection, contract negotiation, and cost optimization.
- Strong analytical skills with proficiency in cost modeling and data-driven decision-making.
- Excellent communication and stakeholder management skills across technical and business functions.
- Experience working in global sourcing environments and managing international supplier relationships.
- Knowledge of product lifecycle management (PLM), ERP systems, and sourcing tools.
Desired Competencies
- Strategic thinking and business acumen.
- Influential leadership with the ability to drive results in cross-functional teams.
- Innovation-oriented mindset focused on continuous improvement.
- Strong organizational and project management skills.
Who We Are
At Ashley, we’re more than a business…we’re family. As the largest manufacturer of home furnishings in the world, we know what it takes to build incredible furniture and future leaders. We’re problem solvers with the grit to persevere during challenging times and innovators who won't coast when times are good. We create solutions, not excuses. And never settle for status quo. It’s the reason we’re always searching for better ways to delivering an exceptional customer experience. That's why Ashley Furniture is #1 in our industry.
Ready to grow? You’ve come to the right place. Ashley Furniture has a “Growth Mindset”, and once you join our team, you’ll learn from the best in the business.
Apply today and find your home at Ashley!
Benefits We Offer
- Health, Dental, Vision, Employee Assistance Program
- Paid Vacation, Holidays, and Your Birthday off
- Generous Employee Discount on home furnishings
- Professional Development Opportunities
- Ashley Wellness Centers (location specific) and Medical Tourism
- Telehealth
- 401(k) and Profit Sharing
- Life Insurance
Our Core Values
- Honesty & Integrity
- Passion, Drive, Discipline
- Continuous Improvement/Operational Excellence
- Dirty Fingernail
- Growth Focused
To learn more about Ashley Furniture, our community engagement programs, environmental stewardship, and our core values, please visit our Corporate Brochure information page:
Ashley Furniture Corporate Brochure
We are an equal opportunity employer and provide a drug-free working environment. While Ashley appreciates the interest of all candidates only those meeting specific position requirements may be contacted. Principals Only.