Sourcing Manager

Company: Oura
Location: San Francisco
Posted on: January 9, 2025

Job Description:

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.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 practicesThis is a remote US role with a slight preference for candidates based in San Francisco.We would love to have you on our team if you have:
  • Must have 5+ years of consumer electronics and/or hardware supply chain experience, serving in a Sourcing or Supply Management role
  • Excellent analytical and negotiation skills
  • Ability to manage a complex program on tight timelines
  • Experience working in an NPI environment
  • Problem solving and issue resolution skills
  • Excellent communication, interpersonal, and presentation skills
  • Ability to influence cross-functionally
  • Ability to travel 25% of the time to Mexico and FinlandAt 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
    • Amazing culture of collaborative and passionate coworkersOura takes a market-based approach to pay, which may vary depending on your location. US locations are categorized into tiers based on a cost of labor index for that geographic area. While most offers will be closer to the starting range, successful candidates' pay will be determined based on job-related skills, experience, qualifications, work location, internal peer equity, and market conditions. These ranges may be modified in the future.
      • Region 1 $126,000 - $157,000
      • Region 2 $115,000 - $144,000
      • Region 3 $108,000 - $135,000Oura is proud to be an equal opportunity workplace. We celebrate diversity and are committed to creating an inclusive environment for all employees. Individuals seeking employment at Oura are considered without regard to age, ancestry, color, gender (including pregnancy, childbirth, or related medical conditions), gender identity or expression, genetic information, marital status, medical condition, mental or physical disability, national origin, protected family care or medical leave status, race, religion (including beliefs and practices or the absence thereof), sexual orientation, military or veteran status, or any other characteristic protected by federal, state, or local laws. We will not tolerate discrimination or harassment based on any of these characteristics.
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Keywords: Oura, San Jose , Sourcing Manager, Executive , San Francisco, California