Sourcing Manager, New Product Development Job Details | Danfoss
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Job Description
Req ID: 50328
Job Location: Loves Park, IL, US
Employment Type: Full Time
Segment: Danfoss Power Electronics and Drives Segment
Job Category: Supply Chain and Operations
Work Location Type: Hybrid
Job Title: Sourcing Manager, New Product Development
Job Description:
The Impact You'll Make
As a Sourcing Manager, you will play a critical role in shaping how our products are built-from early design decisions to supplier selection and cost optimization. You will help ensure our products remain competitive by identifying the best technologies, materials, and global manufacturing opportunities.
You will partner closely with teams across engineering, quality, and operations to influence decisions early in development, where your impact is greatest. Your work will directly contribute to smarter sourcing, stronger supplier relationships, and improved product performance.
This is a highly visible role where your ability to blend strategic thinking with hands-on execution will help drive both innovation and cost efficiency.
What You'll Be Doing
Lead sourcing for new product development (NPD) by selecting cost-effective technologies, materials, regions, and suppliers
Drive ongoing cost reduction initiatives for existing products by identifying new savings opportunities
Support product maintenance by partnering with engineering on quality improvements and feature enhancements
Align with global procurement by contributing to and executing category strategies while ensuring local needs are represented
Identify and develop new supplier opportunities, cost drivers, support supply continuity, and help resolve critical material shortages
What We're Looking For
A degree in Engineering or Business and solid experience in sourcing, procurement, or supply chain
Strong ability to manage projects, prioritize tasks, and drive results in a fast-paced environment
Good understanding of cost drivers across materials, manufacturing processes, and regions
A collaborative, proactive mindset with confidence to influence decisions and work cross-functionally
What You'll Get from Us
The US base salary range for this full-time position is $100,000- $135,000 + bonus + benefits. Our salary ranges are determined by role, level, and location. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.
Your recruiter can share more about the specific salary range for your preferred location during the hiring process. You'll receive benefits like 401(K) access, annual bonus, paid vacation, insurance, and more. These vary by country and contract, but they're worth asking about, we think they're pretty great.
This list does not promise or guarantee any particular benefit or specific action. They may depend on country or contract specifics and are subject to change at any time without prior notice.
Join Danfoss Drives and become part of a team making a significant impact in energy efficiency and electrification. As a global leader in power conversion solutions, we are committed to sustainability, exceptional quality, and fostering an inclusive work environment. Our technology powers industries worldwide and supports global decarbonization efforts.
Engineer a better future with Danfoss, where meaningful change begins with you!
Ready to Make a Difference?
If this role excites you, we'd love to hear from you! Apply now to start the conversation and learn more about where your career can go with us.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or other protected category.
Information at a Glance
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