How you will make an Impact (Job Summary)Manage a category of materials/parts, including owning category strategy, supplier selection and approval process, negotiation, contracts and while adhering to the HVAC SS business processes. This position will be responsible for leading all sourcing strategy development to support both short- and long-term strategies of the businesses, including year over year improvements in current and new product material cost, quality, availability and inventory.
What you can expect in this role (Job Responsibilities)While each day brings new opportunities at SPX, your core responsibilities will be:
- Develop and execute short and long-term sourcing strategies that support technical, quality and commercial requirements.
- Optimize cost and supply chains
- Regularly adapt sourcing strategies in relation to market trends and business requirements to enhance effectiveness
- Incorporate risk mitigation, LCC sourcing
- Develop exit strategies for suppliers that don't meet SPX supplier standards
- Lead the strategic sourcing process including supplier identification, selection, RFX, negotiation, supplier/contract negotiation.
- Subject Matter Expert for assigned category; uses knowledge/expertise of category to manage cost drivers, changing supply base, and market innovation to capture lower costs and/or high value alternatives to meet stakeholder needs
- Acquires a deep understanding of the supply markets that provide material, products, or services. Assesses the supply market, our current and future state to develop sourcing strategies and risk mitigation.
- Establish relationships with functional and divisional peers and leaders to ensure sourcing strategies align with our business goals and objectives.
- Proven track record in driving productivity and value-add through negotiations and supplier management.
- Utilize formal sourcing processes for category strategy, supplier selection, qualification, contracting and ongoing management.
- Support and influence NPD (New Product Development) programs in a cross functional setting with product management, engineering, manufacturing, and quality.
- Identifies and aggregates technical, commercial, risk, opportunity, and demand requirements for contract negotiation. Lead negotiation and execution of agreements.
- Work with the CoE regarding Supplier Management strategy and approach including Supplier Relationship Management, Performance Management, Issue Resolution, and the qualification of new suppliers
- VA/VE - Work closely with long term suppliers to manage this core supply base for productivity/cost down initiatives using VA/VE tools.
- Maintain a working knowledge of the world-class supply chain process to ensure that existing processes are targeted to attain excellence versus industry benchmarks.
What we are looking for (Experience, Knowledge, Skills, Abilities, Education)We each bring something to the table, and we are looking for someone who has:
Required Experience - 5 to 8 years' relevant work experience in global manufacturing companies with increasing responsibilities in a multi-site, multi-product, company.
- International experience strongly preferred.
Preferred Knowledge, Skills, and Abilities- Solid negotiation skills. Competent at planning and leading negotiation. Demonstrated knowledge of manufacturing processes and project management skills.
- Process oriented and driven.
- Understanding of supplier capabilities and the marketplace.
- Technical acumen to bridge the gap between internal development and external supply base
- Demonstrated experience and success working in a fast paced, matrixed environment satisfying multiple customers. Strategic planning/thinking skills, coupled with analytical and execution skills.
- Strong presentation skills and ability to articulate vision to a broad audience
- Proficient in Microsoft Office products, including advanced data functions in Excel, ability to translate data to decision making.
- Demonstrated ability to interface with executive and senior level management, both internally and externally.
- Well versed in commercial agreements - NDA, Master Supply, Intellectual Property
- Competent in ERP systems and end-to-end supply chain management processes (concept, planning, development, launch)
- Proven track record of meeting commitments with the highest standards of ethics and integrity.
- Take charge individual with intensity and clear sense of urgency.
- Out-of-the-box thinker, decisive; experienced in and capable of communicating the need for results and leading change with a variety of departments and teams.
- An excellent team player.
Education & Certifications- Minimum of a Bachelor's degree in Business, Engineering, Materials Management or related field.
- A Master's Degree in Business or a Technical field is preferred.
Travel & Working Environment- Travel is essential for success in this role to understand business needs as well as supplier site visits.
- Travel expected to be 25%+
- Working environment will be fast paced and require management of several interrelated initiatives at the same time. The ability to set a clear vision, get resources aligned, and ensure commitment will be critical to success.
What benefits do we offer?We know that the well-being of our employees is integral. Our benefits include:
- Generous and flexible paid time off including paid personal time off, caregiver, parental, and volunteer leave
- Competitive health insurance plans and 401(k) match, with benefits starting day one
- Competitive and performance-based compensation packages and bonus plans
- Educational assistance, leadership development programs, and recognition programs
