Partner with key stakeholders to create and deploy global sourcing strategy to drive world class Casting & Machining supply chain performance, align supply chain commodities and strategy to objectives for sustaining production, new product development & introduction, and research & development activities
Create and manage strategic supplier partnerships to ensure continuous performance expectations are met and year over year productivity targets are achieved by conducting proper supplier management techniques
Lead key negotiations and contract development, support strategic sourcing and VAVE initiatives and drive project implementations with functional groups and suppliers.
Early engage in NPD development phase, identify and mitigate supply chain risks, meet target costs and support new product launch on time
Understand the Casting & Machining market and Casting & Machining supplier base thoroughly, work closely with engineering to influence technical design decisions to meet technical capabilities, cost, and business objectives
Build partnerships and develop relationships with key category suppliers and subcategory suppliers), function as Subject Matter Expert for Casting & Machining and manufacturing processes in both the technical aspects and overall industry knowledge
Work with Engineering to align Casting & Machining Strategic sourcing roadmaps to long term sourcing strategies.
Proactively manage supply chain risk at Tier1/2/3 level and product EOL to ensure supply chain continuity
Conduct and lead business reviews with key suppliers.
Develop and lead Casting & Machining supplier roadmap and mitigate inflationary risk & secure supply
Execute strategic supply agreement on ensuring supply continuity, establish a strategic approved vendor program for key components
Lead RFQ and quote analysis, supplier auctions, evaluates vendors' capability, quality, reliability and price competitiveness
Keep current on commodity market, cost drivers and economic outlook to guide strategy, perform data analysis on commodity spend, supplier performance and market intelligence.
Develop and implement long-term commodity strategies to lower total cost of ownership (TCO) and offer world class customer service to key stakeholders, Make vs. Buy analysis
Oversee suppliers to continuously improve quality, cost, delivery and service to support supply chain operations
You should:
Have earned a Bachelor’s degree in business or engineering related field
Have 5+ years sourcing experiences with considerable understanding of procurement concepts, principles, and practices
Have 5+ years of strong commodity management and strategic sourcing experience in Casting & Machining and direct experience in developing & executing Casting & Machining strategy
Demonstrates experience and results in negotiating with suppliers on master supply agreements, inventory agreements etc.
Have sense of urgency and be a self-directed leader, excels in a team environment, engage cross functional teams to deliver results.
Excellent communication/analytical skills and project management skills
Strong negotiation skills, experience in developing and negotiating supplier legal agreements
Practical experience working in ERP or other business planning system
Be able to travel up 20 - 40% of time Diversity and Inclusion: With our expanding global presence, cross-cultural insight and competence are essential for our ongoing success. We believe that a diverse workforce contributes different perspectives and creative ideas that enable us to continue to improve every day. Race, gender, ethnicity, country of origin, age, personal style, sexual orientation, physical ability, religion, life experiences and many more factors contribute to this diversity. We take ongoing action to improve the diversity of our workforce by:
Ensuring leadership involvement and ownership
Attracting and retaining diverse talent at all levels
Fostering a globally aware, inclusive culture
Ensuring our practices are fair and non-discriminatory
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