Sourcing Manager
ŌURA
Our mission at Oura is to empower every person to own their inner potential. Our award-winning products help our global community gain a deeper knowledge of their readiness, activity, and sleep quality by using their Oura Ring and its connected app. We've helped 2.5 million people understand and improve their health by providing daily insights and practical steps to inspire healthy lifestyles.
Empowering the world starts with living our values and empowering our team. As a quickly growing company focused on helping people live healthier and happier lives, we ensure that our team members have what they need to do their best work — both in and out of the office.
We have offices in San Francisco and San Diego for those who prefer hybrid or office settings. Oura employees in other major cities (like Boston and New York) occasionally gather informally at local co-working locations.
We are looking for a Sourcing Manager to assist with both tactical and strategic sourcing deliverables. The position requires the ability to work with supply chain, engineering, finance, and legal teams as well as contract manufacturers and suppliers. The position also requires strong analytical skills, critical thinking skills, negotiation skills, and the ability to operate in a dynamic environment on multiple projects with competing or changing priorities.
What you will do:
- Working as a key member of the sourcing team, with focus on defined Sourcing Category Management & complex supply chain projects
- Development and implementation of sourcing category strategies and initiatives considering factors such as business requirements, quality, cost, lead times, and supplier capabilities
- Monitoring market trends and technological advancements in the supplier landscape and providing recommendations to leverage them for the benefit of Oura products
- Identifying evaluating, onboarding and contracting new suppliers that can provide the most competitive components and technologies required for Oura products
- Conducting regular supplier performance evaluations and audits to assess quality, delivery, and overall supplier capabilities and performance
- Negotiating all commercial agreements with suppliers, including unit pricing, NRE, CapEx, contracts, and E&O liability
- Maintain accurate and up-to-date records of supplier information, pricing, contracts, and performance metrics in agreed company systems
- Should cost modeling and benchmarking for parts and assemblies
- Collaboration with engineering teams to define and communicate technical specifications and requirements to suppliers
- Working closely with engineering and operations to ensure the availability of mechanical components and materials to meet development and production schedules. Make purchase orders for prototyping and mass production as required.
- Identification and mitigation of potential supply chain risks by implementing appropriate risk management strategies and contingency plans
- Participation in the continuous development of Oura sourcing working practices
This is a remote US role with a slight preference for candidates based in San Francisco.