VP, Global Procurement & Supply Chain

Overview

Join Our Team at Nidec: Innovate, Grow, and Lead

We begin with dreams. Dreams drive our motivation. Dreams are our future. The world's dreams, people's dreams, our dreams. Our passion creates ideas that make dreams come alive. Technology and products that were only dreams become reality.

All for dreams. Dreams challenge and the Nidec-Group will continue to meet the challenge. For the world's and people's tomorrows; the world's first, the world's best technologies and products; we will continue our part in creating a better society.

Nidec is looking to add a VP, Global Procurement & Supply Chain to their team! The role is responsible for leading the procurement and supply chain functions across the organization. This position involves developing and implementing strategic sourcing strategies, optimizing supply chain processes, and ensuring the efficient management of resources to drive operational excellence and cost savings.

Responsibilities

• Develop and execute the strategic procurement plans by interpreting global industry trends, customer requirements and business objectives
• Oversee supply chain operations, including sourcing, logistics, inventory management, and distribution.
• Monitor market trends and adjust strategies to address potential supply disruptions.
• Drive procurement strategies and supplier engagement to ensure the achievement of business objectives
• Identify and mitigate risks within the supply chain and procurement processes.
• Build and execute the procurement process to ensure timely fulfillment of procurement requests
• Develop and maintain strong relationships with key suppliers to build solid supply chain management
• Conduct the procurement processes to ensure compliance with procurement policies and regulations
• Analyze data to drive decision-making and improve overall effectiveness.
• Develop and execute supply chain strategies aligned with organizational goals to build an effective and competitive supply chain
• Collaborate internally and externally to build the supply chain, drive cost reduction and contract execution
• Drive the supplier development to improve the quality system of key suppliers
• Provide fact-based analysis to support targeted competitive market positioning and growth
• Conduct thorough assessments of potential suppliers based on their quality management systems, capabilities, and past performance.
• Utilize audits and site visits to evaluate supplier processes and quality controls.
• Engage with client leaders to understand their requirements and address them in the solutions lead, mentor, and develop a high-performing procurement and supply chain team.
• Ensure compliance with environmental regulations and corporate social responsibility initiatives.

Remote Position

Min Compensation

Max Compensation

Qualifications

• Bachelor's degree in business management, project management, engineering, or a relevant field. MBA is preferred
• 15 years of experience in procurement or supply chain management, including 5 years in a leadership role at least, the experience in Automotive and Commercial Vehicle industry is preferred
• Strong knowledge of procurement best practices, processes and technologies
• Proven track record of leading procurement transformations and implementing processes
• Strong negotiation and vendor management skills
• Financial acumen and budgeting experience.
• Strong analytical and problem-solving skills.
• Excellent leadership, communication and analytical skills
• Proficiency in procurement technologies and tools
• Deep understanding of procurement compliance and risk management
• Experience with ERP systems and procurement software.
• The ability to work with a diverse and cross-functional team and manage multiple tasks simultaneously
• Willingness to travel.

Additional Job Details

CORE COMPETENCIES

• Global Mindset
• Leadership Capability
• Ability to work in Matrix Org
• Operates with Nidec Values
• Customer Focus
• Strategic Thinking
• Problem Solving
• Change Management
• Building Effective Teams
• Action Oriented
• Complexity Management
• Being resilient
• Collaborates
• Effective Communicates

Company Website

Nidec Motor Corporation

Company Profile

Nidec Corporation has established itself as an international conglomerate that handles “everything that spins and moves.” After starting with only four employees, Nidec has grown to include more than 140,000 workers across the globe. The company has been recognized in various publications, including Businessweek and Forbes, for its innovations in the motor industry.

The company currently boasts the most significant global market share for small precision motors. Exponential growth through mergers and acquisitions over the past few decades means that Nidec now manufactures motors that run the spectrum from those original tiny motors to much larger motors powering heavy commercial and industrial equipment.

Nidec motors can be found in products that range from cell phones, computers and home appliances to industrial and mining equipment – and everything in between. The company has more than 300 subsidiary companies spanning the globe. This global reach uniquely positions us to supply high-quality products that contribute to the betterment of society worldwide.

Historical Timeline of Nidec’s Commercial and Industrial Motors Brands

1908: The U.S. MOTORS® brand begins as part of U.S. Electrical Manufacturing Company.

1980: Nidec SR Drives Ltd is founded, stemming from fundamental research work conducted at two leading universities in the United Kingdom.

1999: Nidec SR Drives Manufacturing Ltd is established to meet rapidly increasing demand for industrial products.

2010: Nidec Corporation acquires the motors and controls business of Emerson Electric Company – including the U.S. MOTORS brand – forming Nidec Motor Corporation. Nidec also acquires the HURST® brand. Both acquisitions assist the company in responding to a wide variety of customer needs for small to large motors as it continues to seek further growth.

2012: Nidec Corporation acquires the MERKLE-KORFF® brand as part of its acquisition of Kinetik Group Inc.

2017: Nidec Corporation acquires the LEROY-SOMER™, CONTROL TECHNIQUES™ and KATO ENGINEERING™ brands, broadening its motor offering and product lineup to include variable speed drive and a complete range of generators and extending its global presence.

Equal Employment Opportunity and Affirmative Action at NidecNidec is an Equal Employment Opportunity (EEO) and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants receive consideration for employment without regard to their age, gender, gender identity, sexual orientation, race, color, genetic information, religious creed, national origin, physical or mental disability, protected veteran status, or any other characteristic protected by law. For more information regarding your (EEO) rights as an applicant, please visit the following website: http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf

No Soliciting

Nidec will not accept unsolicited resumes from individual recruiters or third party recruiting agencies in response to Nidec job postings. No fee will be paid to third parties who submit unsolicited candidates directly to our hiring managers. Pre-approval from the Nidec Talent Acquisition team is required before any external candidate can be submitted and such candidate must be submitted to the Nidec Talent Acquisition team.

Salary : $180,000 - $200,000