Posted 1mo ago

Sourcing Analyst

@ Owlet
United States
RemoteFull Time
Responsibilities:Vendor onboarding, Sourcing RFQ, Cost management
Requirements Summary:Bachelor’s degree in supply chain or related field; experience in sourcing/procurement; strong analytics, negotiation, and communication; proficient in MS Office and Google Workspace; able to manage multiple priorities; AI tools familiarity.
Technical Tools Mentioned:Microsoft Office, Google Workspace
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Job Description

Owlet is changing the world of parenting with meaningful products that truly make a difference for millions around the world by bringing joy, peace and sleep to the parenting journey. Owlet has helped more than a million parents keep their children safe. We are focused on helping parents take care of their little ones so we can keep every baby safe and healthy.

The Sourcing team drives the product life cycle process from concept to launch partnering closely with design teams and vendor partners. This team plays a critical role in Owlet’s overall success by executing the development roadmap, selecting and managing vendors, establishing a resilient supply chain, and optimizing total cost of ownership. We are seeking a detail-oriented analyst who thrives in a fast-paced environment and is passionate about supply chain excellence.

Primary Responsibilities

Vendor set-up and relationship management

  • Oversee vendor onboarding, including execution of Non-Disclosure Agreements (NDA), New Vendor Forms, Quality Agreements and Manufacturing Service Agreements (MSA). 
  • Maintain and organize supplier documentation to ensure compliance with company policies and procurement standards.
  • Track and monitor supplier performance metrics, supporting Quarterly Business Reviews (QBR) by preparing data, analysis, and performance summaries.
  • Assist in managing supplier relationships by coordinating communication, resolving operational issues, and supporting continuous improvement initiatives.

Sourcing and NPI purchase: 

  • Lead RFQ processes to identify and source suppliers for new development components supporting New Product Introduction (NPI), ensuring competitive pricing, quality standards, and reliable lead times.
  • Manage purchase orders for NPI builds, coordinating quantities, pricing, and delivery schedules to align with product development timelines.
  • Act as the sourcing representative throughout the product development lifecycle, partnering with engineering and suppliers to support component selection, supplier readiness, and cost management.

Pricing Negotiation & Cost Management

  • Support pricing negotiations for both new product development and existing products to ensure cost competitiveness and alignment with business objectives.
  • Review supplier quotations on a regular basis to validate pricing accuracy, assess changes in material and labor costs, and identify opportunities for cost optimization.
  • Monitor monthly consignment inventory, yield loss, and PPV(Purchase Price Variance) reports to track material usage, analyze cost drivers, and support effective cost control initiatives.

Material Management

  • Review weekly Material Requirements Planning(MRP) with Contract Manufacturers(CM) to identify potential supply risks and support proactive planning to maintain material availability.
  • Partner with suppliers to improve inventory planning, demand alignment, and material readiness.
  • Resolve material shortages by coordinating with suppliers and cross-functional teams to ensure uninterrupted production.