Director, Sourcing Direct Materials

ABOUT THE ROLE 

Peloton is looking for an enthusiastic and dedicated Director, Sourcing Direct Materials to join our Global Procurement team. This role will lead a team of Category Managers and Procurement Engineers and will assist the company to research future architectures and technologies for its breakthrough end to end fitness systems. Responsible for developing new suppliers and new sourcing partnerships that can be incorporated into new products, as well as existing products to improve cost, efficiency, or quality. Work with the broader internal multi-functional teams to evaluate the opportunities, while ensuring commercial agreements, intellectual property, and project agreements are accurate and well established prior to pipelining. As Director, Sourcing Direct Materials, you will primarily work with a team of manufacturing, operations, engineering, and quality as well as technical leads in order to resolve critical issues. Must be results-driven about business cost reduction, aggregating supplier volume/reducing price, and identifying new opportunities. Work closely with team leads, budget owners, and leadership throughout the direct categories. 

Open to the following work locations: New York HQ or Woodinville, WA

YOUR DAILY IMPACT AT PELOTON 

• Lead the Global Sourcing Team 
• Development and execution of comprehensive Sourcing Strategy aligned with Supply Chain and Business objectives 
• Lead sourcing efforts and direct the execution of effective cost saving initiatives 
• Implement and supervise process improvements, training, and talent development 
• Develop new suppliers for potential incorporation into new and existing products 
• Develop commercial agreements to accurately reflect the expectations of project including fixed and variable costs, lead times, schedules, manufacturing capacities, as well as test, quality, and ongoing reliability needs
• Design and build infrastructure, virtual and experimental to prove and ensure efficiency and performance of the supply alternatives
• Lead all aspects of the Advanced Sourcing efforts and analyze workflow, establish priorities, develop standards, and set deadlines
• Deliver a seamless transition of viable new technologies into the product development process handling risks while meeting quality, schedule, and cost goals
• Handle and lead the operations effort of developing new and adaptations of existing technologies for Peloton
• Design and implement components using FEA/CFM or other advanced simulations tools to accelerate experimentation
• Meet with other Directors to collaborate internally, negotiate the right tradeoffs, solicit teamwork and resolve problems, and advance new supplier or product offerings 
• Direct all budget and capital activities to advanced supplier development 
• Provide technical direction by evaluating and guiding Product Strategy through operational design and development 
• Ensure the best direction for the team to deliver world-class innovation from initial concept to launch with best practices and advanced development techniques 
• Own all associated cost engineering activities to converge the bottoms-up cost curve to product cost, maximizing the total cost of ownership across the product lifecycle
• Conduct value-stream mapping exercises to optimize supply network lead time, total cost, and network flexibility. 
• Support cross-functional DfX activities, from the vantage points of cost, quality, supply chain, manufacturing, and serviceability 
• Drive the sourcing SPOR, ensure components are sourced by commodity mgmt. and JDM/ODM on time, on cost, and on spec. 
• Manage the CAPEX throughout NPI, leveraging necessary cost engineering activities to ensure best-in-class cost 
• Complete the BOM risk assessment analysis, including the need for alternate component sourcing, supply chain risks, etc. 
• Reduce complexity across products & platforms, including SKU rationalization, component commonality, supplier rationalization 
• Conduct regular technology reviews to Executive staff and management(QBR’s) 

YOU BRING TO PELOTON 

• 12+ years Sourcing and Operations experience 
• Proven leadership and strong supply management experience ready to take it to the next level in your career 
• Relevant education or equivalent work experience in Business, Engineering (BSME, BSEE), Supply Chain Management or a related field of study 
• MBA in a related field is helpful 
• Experience working with senior executives(VP/SVP, C-suite) and exhibit strong leadership/influencing skills 
• Proven analytical and quantitative skills 
• Strong skills and ability to synthesize and clearly summarize data 
• Solid Collaboratio