Sourcing Analyst

🕒 March 11

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Logo of Owlet Baby Care

Owlet Baby Care

51 - 200 employees

Founded 2013

⚕️ Healthcare Insurance

🧘 Wellness

🛍️ eCommerce

Healthcare Insurance • Wellness • eCommerce

Owlet Baby Care is a company dedicated to improving the well-being and peace of mind of parents through innovative medical-grade monitoring solutions for infants. They offer products such as the Dream Sock and Owlet Cam, designed to provide real-time tracking of a baby's health indicators, including heart rate and oxygen levels. These products are aimed at reducing parental anxiety and improving sleep quality by ensuring parents are always aware of their baby's health status. Owlet's technology is FDA-cleared, highlighting its commitment to medical-grade accuracy and safety.

📋 Description

• 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. • 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. • 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. • 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.

🎯 Requirements

• Bachelor’s degree in Supply Chain Management, Business, or a related field • Experience in sourcing, supply chain, or procurement, preferably within manufacturing, medical or consumer electronics environments. • Strong analytical, negotiation, and communication skills • Proficiency in Microsoft Office tools and Google Workspace tools • Ability to manage multiple priorities in a fast-paced environment • Detail-oriented with a proactive and collaborative approach • Familiarity with basic AI tools and the ability to leverage them to improve productivity, data analysis, and workflow efficiency. • Preferred: Experience with international sourcing or working with overseas suppliers • Additional language proficiency • Familiarity with sustainable sourcing or responsible procurement practices • Professional certifications such as CPM, CPSM, or CIPS are a plus

🏖️ Benefits

• Health & Wellness: Multiple medical plan options (PPO and High-Deductible with HSA), plus dental, vision, life, and disability coverage. Wellness resources include mental health support, EAP access, and fitness incentives. • Financial Benefits: A competitive 401(k) plan with company match, employee stock purchase program, and potential equity grants. • Work-Life Balance: Generous flexible PTO policy, including Flex Fridays, paid parental leave (up to 14 weeks), and remote/hybrid work options.

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