(Senior) Sourcing Manager

Nex is on a mission to help families rediscover the joy of movement. Created by parents for parents, Nex combines technology and play to deliver fun, social, and interactive experiences powered by natural body motion, encouraging kids and adults to move more, play more, and have fun together. Nex Playground, the company’s award-winning active play system, is purpose-built to get families moving year-round, with safety and privacy as core considerations in its intentional design. It is certified kidSAFE+ COPPA compliant and built to support healthy, active play for all ages and abilities. Nex Playground features a growing library of 50+ experiences, including motion and dance games, fitness and educational experiences, and Nex Originals. Content includes collaborations with partners like Hasbro, Sesame Workshop, and NBCUniversal. Nex has been recognized by Fast Company’s Most Innovative Companies, TIME’s Best Inventions, and Parents’ Best Entertainment System for Families, and has earned Red Dot, IDEA, and Core77 international design awards. We encourage you to explore Have Fun and Is Motion Gaming Back? , as they offer a deeper look into our culture, values, and explain how our approach to motion gaming differs from previous generations. To protect yourself from recruitment scams, please note that Nex communicates through official company emails ending in @nex.inc. If you receive a suspicious email or message, please do not respond and report it immediately to us. Location: Hong Kong Reports to: Director, Manufacturing and Sourcing The Role At Nex, we move fast. This role upstream sourcing strategy and execution for critical ICs/memory (e.g., SoC, camera modules, memory). Partner with principals to secure design/development support, allocation, pricing, and Nex-preferred contracts . Ensure cost competitiveness, supply continuity, and resilience as we scale Playground hardware globally.At Nex, we move fast. This role upstream sourcing strategy and execution for critical ICs/memory (e.g., SoC, camera modules, memory). Partner with principals to secure design/development support, allocation, pricing, and Nex-preferred contracts . Ensure cost competitiveness, supply continuity, and resilience as we scale Playground hardware globally. What You'll Do Upstream Partnerships, Pricing Forecasting Build and manage strategic supplier relationships for assigned commodities. Drive pricing strategy, negotiations, and locked-in commercial terms (cost models, should-cost, allocation guarantees). Establish forecasting cadence with internal stakeholders and suppliers; translate demand signals into supply plans. Drive alignment on lead times, MOQs, allocation strategy, and upside planning. Supply Resilience AVL Management Build and maintain an Approved Vendor List (AVL) for critical components. Plan and execute dual-sourcing / second-source qualification, including risk assessments and readiness gates. Identify critical point-of-failure risks and implement mitigation plans (supply, capacity, geopolitical, and quality risks). Core Component Strategy (SoC/Camera/Memory) Shape commodity strategy and supplier selection recommendations for core technologies (e.g., SoC, camera, memory). Collaborate with engineering and quality on supplier capability assessment, qualification planning, and change control. Track roadmaps and ensure sourcing decisions support product performance, cost, and schedule. Allocation Execution Secure priority allocation during shortages; manage lead times and supply ramps. Track supplier KPIs (OTD, yield, quality); drive continuous cost/efficiency improvements. What You Bring Bachelor's in Supply Chain, Engineering, or Business (Master's preferred). 7–10+ years sourcing/supplier management in consumer electronics/hardware; IC/memory/SoC experience essential. Proven commercial negotiation, cost analysis, and multi-sourcing track record. Cross-functional collaboration with engineering ... (truncated, view full listing at source)