Sourcing Engineer

Job Title: Sourcing Engineer

Welcome to the RICO work culture. A place where employees are valued and trusted... in a culture we consider a "secret ingredient" in our success story.

There is something refreshing about working at RICO. It's an atmosphere where departments work together, leaders become coaches and questions are welcomed. It's a safe place - not only because we follow the highest standards to protect your personal safety -- but because this is a place where you can challenge the status quo. At RICO, we know that "we've always done it this way" is not the way to increase productivity or profitability.

Your ideas are welcome at RICO. We value our employee's input as a constant resource for improving the quality and effectiveness of our products and processes. At RICO, you are part of a team, not part of a division. We live by these ideas, all in support of our mission and values.

Position Overview:

This individual will play a critical role in identifying and sourcing procured components-both for new designs and existing product lines-based on technical specifications and operational needs. The Sourcing Engineer will serve as a technical bridge between Engineering and Purchasing, ensuring part selections meet functional, cost, and availability requirements.

Key Responsibilities:

• Collaborate with design engineers to source new procured parts based on detailed technical requirements.
• Identify and propose suitable alternative components in cases of obsolescence, extended lead times, or availability concerns.
• Evaluate sourcing options for cost reduction opportunities without compromising quality or performance.
• Enter and maintain new procured part data in RICO's CloudSuite Industrial (CSI) ERP system, including initial quoting and supplier information.
• Provide technical support to the Purchasing team, interpreting specifications, drawings, and requirements to assist in sourcing and supplier communications.

Required Qualifications:

• Minimum of a high school diploma with 6 years of experience in technical sourcing or a related role or a college degree in a relevant engineering or sourcing discipline (e.g., mechanical, or electrical engineering, industrial technology, supply chain engineering).
• Demonstrated ability to comprehend and translate engineering drawings, specifications, and functional requirements into practical sourcing solutions.
• Basic working knowledge of:
  • Mechanical systems and component selection
  • Electrical and electronic components
  • Fluid power (hydraulic/pneumatic) systems
  • Experience working in an ERP system (experience with CloudSuite Industrial (Syteline) is a plus).
  • Strong problem-solving skills and ability to manage multiple tasks in a fast-paced environment.

Preferred Skills:

• Familiarity with SolidWorks or reading CAD models and prints
• Experience working with suppliers in custom or low-volume manufacturing environments
• Understanding of BOM structures, part lifecycle management, and supplier qualification processes

RICO does not sponsor H1-B employment visas for employment in the US.

Benefits: Starts day 1 of employment

Seven (7) Paid Holidays along with four (4) Paid Floating Holidays (designated by the company)

Health Insurance -Anthem- three (3) plans available 

Dental Insurance - Mutual of Omaha - 100% employee sponsored.

Voluntary Supplemental Life Insurance- Mutual of Omaha - 100% employee sponsored.

Voluntary AFLAC - Accident Indemnity, Hospital Advantage, Cancer Care and Critical Care Protection

Short Term Disability Insurance - Mutual of Omaha - 100% company sponsored.

Long Term Disability Insurance - Mutual of Omaha - 100% company sponsored.

Life Insurance - $25,000 through Mutual of Omaha - company sponsored.

401k - with generous company match

Salary : $65,000 - $85,000