Director, Sourcing
ABOUT Peloton
Peloton is the largest interactive fitness platform in the world with a loyal community of more than 3 million Members. The company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its Members anytime, anywhere. Peloton makes fitness entertaining, approachable, effective, and convenient, while fostering social connections that encourage its Members to be the best versions of themselves. An innovator at the nexus of fitness, technology, and media, Peloton has reinvented the fitness industry by developing a first-of-its-kind subscription platform that seamlessly combines the best equipment, proprietary networked software, and world-class streaming digital fitness and wellness content, creating a product that its Members love. The brand’s immersive content is accessible through the Peloton Bike, Peloton Tread, Peloton Bike+, Peloton Tread+, and Peloton App, which allows access to a full slate of fitness classes across disciplines, on any iOS or Android device, Apple TV, Fire TV, Roku TVs, and Chromecast and Android TV. Founded in 2012 and headquartered in New York City, Peloton has a growing number of retail showrooms across the US, UK, Canada and Germany. For more information, visit www.onepeloton.com.
THE ROLE
The Director of Sourcing will assist the company to research future architectures and technologies for its breakthrough end to end fitness systems. Responsible for developing new supplier 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 cross 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 of Advanced Sourcing, she/he will primarily work with a team of manufacturing, operations, engineering, and quality as well as technical leads where necessary in order to resolve critical issues.
RESPONSIBILITIES
- Develop new suppliers for potential incorporation into new and existing products
- Develop commercial agreements to properly 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 create infrastructure, virtual and experimental to prove and ensure efficiency and performance of the supply alternatives.
- Oversee 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 managing risks while meeting quality, schedule, and cost goals.
- Manage 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
- Utilize virtualization technologies, cloud computing, fabric and storage technologies and application management.
- Meet with other Directors to collaborate internally, negotiate the right tradeoffs, solicit cooperation and resolve problems, and advance new supplier or product offerings.
- Provide leadership for the Residential/Commercial/Industrial businesses, Direct all budget and capital activities advanced supplier development.
- Provide strong 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.
- Conduct regular technology reviews to Executive staff and management.
- Conduct analysis to ensure product safety, quality, reliability and agency compliance standards are maintained.
QUALIFICATIONS
- Proven Leadership – Strong supply management experience ready to take it to the next level in your career.
- Solid Collaboration skills working with multiple disciplines internal and external
- Strategic thinker – Experienced putting together strategy for future developments; skill assessment and resource planning; knows how to prepare presentations to business leaders for approval
- Bachelor’s degree in engineering (BSME, BSEE) or other related technical degree. Advanced technical degree strongly preferred.
- 10+ years engineering and operations experience
- Entrepreneurial with vision for future products
- Experience related to the following areas:
- Motor and Controls
- Extrusion, Die Casting, Plastics, Sheet Metal Operations
- Design for Manufacturing
- Use of TAM simulations in designs
- Supplier interactions and visits
- Attention to detail and possession of excellent problem solving and organizational skills.