Strategic Sourcing & Cost Analyst – US Shift

Fictiv

Bangalore, Karnataka
Permanent
Full-time

3 days ago

Fictiv Exists to Enable Hardware Innovators to Build Better Products, FasterFictiv, coined the “AWS of manufacturing,” is a leading technology company transforming the $350 billion manufacturing industry. Our cutting-edge cloud platform uses AI and machine learning algorithms to help companies build hardware at the speed of software. Come join our growing team!What's in it for you?At Fictiv, we're building the world's leading platform for hardware manufacturing. The Strategic Sourcing Analyst is central to optimizing the company's US manufacturing capabilities. This involves analyzing detailed requirements to inform strategic decisions about sourcing and developing manufacturing capacity, whether through external partners or owned facilities. The analyst also plays a key role in managing and enhancing relationships with Manufacturing Partners (MPs), using performance metrics to ensure their capabilities evolve from prototyping to full production support.This role also focuses on building robust manufacturing networks to support strategic customers, particularly in high-growth sectors. The analyst conducts supply chain gap analysis to identify areas for expansion and improvement, collaborating cross-functionally to implement new systems and agreements. Continuous monitoring and reporting on key performance indicators are essential to ensure the manufacturing ecosystem consistently meets and exceeds customer expectations.Finally, the analyst improves financial accuracy by providing insights for "should-cost" analysis and MP negotiations. They also work to enhance the feedback loop to MPs, utilizing analytics-driven solutions to improve communication accuracy and timeliness. This contributes to better MP performance and strengthens the overall manufacturing network, especially for strategic customers.In this role, you will report to the Director of Strategic Sourcing for the US Region.Impact In This RoleAt Fictiv, we streamline sourcing for our customers, with the Strategic Sourcing team at the forefront of this mission. The Strategic Sourcing Analyst role significantly impacts Fictiv's success by ensuring a robust and responsive US manufacturing ecosystem. This position directly contributes to achieving key business outcomes like increasing US Gross Profit and improving high tolerance opportunity conversion rates. By analyzing real time information to strategically develop manufacturing capacity, optimize supplier relationships, and enhance financial accuracy through "should-cost" analysis, the analyst strengthens Fictiv's ability to meet diverse customer demands, particularly for strategic high-growth sectors, and ultimately drives the efficiency and profitability of the company's hardware manufacturing platform.What You'll Be Doing * US Supply Chain Ecosystem Market Research. Develop and maintain a database of potential first and second tier suppliers, complete with capabilities, scale, etc for the Sourcing team to use as an input to supply chain development activities. Develop reports on US market trends to report back to the Sourcing team & General Manager of the US to inform Sourcing strategy adjustments. This role will own the sourcing dashboard to enable the strategic sourcing team to make real time decisions with the most accuracy possible.

Should Cost Analysis. Collaborate with cross-functional stakeholders (e.g. Costing & DFM) to maintain and refine input costs (e.g. labor rates, material costs) to regularly improve should cost algorithms, improving our ability to cost in-house and negotiate with our Manufacturing Partners.
Network Development Support. Work with Fictiv tools and cross-functional team members to improve timely feedback to our Manufacturing Partners to improve their competitiveness. Enable gap assessments of MP capabilities and Fictiv production needs.

Desired traits

Minimum BS degree in a quantitative field such as Engineering, Supply Chain Management, Business Administration, Data Science, or a related discipline; MBA preferred.
6-8 years experience in strategic sourcing, manufacturing, and/or business development roles within custom manufacturing, with a strong emphasis on analytics driven results / improvements.
Proficiency with business intelligence software (e.g., Sigma) and ERP systems (e.g., Odoo).
Experience with analysis in supply chains handling regulated industries preferred (Aerospace / Med-Device / Energy)
Strong analytical skills with the ability to interpret complex data and translate it into actionable insights.
Excellent communication and collaboration skills to work cross-functionally and present data findings, with the ability to effectively collaborate across different time zones.
Meticulous and detail-oriented & fluent in American English required
Proven ability to proactively identify needs, manage time effectively, and complete tasks efficiently with minimal oversight, driving initiatives from conception to completion.
Ideally have experience working entirely during US business hours in a previous role

Interested in learning more? We look forward to hearing from you soon.Our Digital Manufacturing Ecosystem is transforming how the next rockets, self-driving cars, and life-saving robots are designed, developed and delivered to customers around the world.This transformation is made possible through our technology-backed platform, our global network of manufacturing partners, and our people with deep expertise in hardware and software development.We're actively seeking potential teammates who can bring diverse perspectives and experience to our culture and company. We believe inclusion is the best way to create a strong, empathetic team. Our belief is that the best team is born from an environment that emphasizes respect, honesty, collaboration, and growth.We encourage applications from members of underrepresented groups, including but not limited to women, members of the LGBTQ community, people of color, people with disabilities, and veterans.

Fictiv

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