Senior Sourcing Director

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 over one 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 and employee hubs, including New York City, Boston, Los Angeles, Seattle, and more.

We are looking for a Senior Sourcing Director responsible for driving material availability, quality and cost within the America regions. This is a business critical role in building the capabilities for the future growth working with Supply Chain teams in the Finland & US, engineering teams and suppliers. 

What you will do: 

Sourcing Strategy 

• Drive the creation of sourcing strategy and tactics aligned with the company strategy. Actively lead, maintain and monitor sourcing projects roadmap. 
• Identify and evaluate potential suppliers to ensure quality, cost, and delivery. 
• Research and evaluate alternate sources of supply. 
• Communicate opportunities with cross functional teams and make recommendations for alternate suppliers, designs, and materials to reduce costs. 
• Ensure timely procurement of all assigned goods, materials, and services to drive optimal manufacturing capacity utilization. 

Team Management 

• Lead and mentor a team of sourcing professionals, fostering an accountable, collaborative, and high-performance culture. 
• Oversee the development and performance of the sourcing team, ensuring continuous improvement and professional growth. 

Supplier Management

• Establish and maintain strong relationships with suppliers. 
• Negotiate and manage complex business agreements and contracts, both domestic and international, to achieve the best value of the company. 
• Monitor supplier performance and implement improvement plans as needed. 

Cross-Functional Collaboration 

• Work closely with other departments, such as engineering, production, logistics, quality assurance, and finance, to align sourcing activities with overall business objectives.
• Actively participate in new product development and manage the purchasing activities involved with initial phases of new product qualification and introduction. 

Process Optimization

• Identify opportunities to streamline sourcing processes and improve efficiency. 
• Implement best practices in procurement and supply chain management. 
• Ensure compliance with company policies, ethical standards, and regulatory requirements.

Financial Management

• Develop and manage the sourcing budget, ensuring cost-effective procurement. 
• Analyze and report on sourcing metrics and KPIs to senior management. 
• Drive cost-saving initiatives and value-engineering projects. 

This is a remote US role with a slight preference for candidates based in San Diego.

Requirements

Requirements: 

We would love to have you on your team if you have: 

• Extensive experience in international sourcing, contract manufacturing, and engineering.
• Strong understanding of product technologies, manufacturing processes, cost components, capacity elements, and quality factors. 
• Proficient in terms and conditions of purchasing agreements with a proven track record in contract negotiations. 
• Ability to travel internationally as well as domestically to support sourcing and operational initiatives.
• Demonstrated leadership and organizational development skills. 
• Proven ability to work effectively with hybrid and international teams. 

Benefits

At Oura, we care about you and your well-being. Everyone here at Oura has a ring of their own and we are continually looking to improve employee health and add to our benefits!

What we offer:

• Competitive salary and equity packages
• Health, dental, vision insurance, and mental health resources
• An Oura Ring of your own plus employee discounts for friends & family
• 20 days of paid time off plus 13 paid holidays plus 8 days of flexible wellness time off
• Paid sick leave and parental leave
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