Cerberus Capital Management

Senior Project Sourcing Manager - Transmissions, Transmission Components, Engine Components & ValveTrains

Cerberus Capital Management$100K — $130K *
Lisle, IL 60532In-Person
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 5+ years in procurement or a Master's with 3+ years
  • Minimum 1 year of leadership experience
  • 8+ years of procurement experience if no degree
  • Understands procurement in automotive or commercial vehicles
  • Excellent time management and organizational skills

Responsibilities

  • Lead sourcing for new programs including RFPs/RFIs
  • Negotiate supplier costs to achieve optimal total cost of ownership
  • Collaborate with Scania/MAN on T2 components strategy
  • Support cost reduction initiatives through VA/VE efforts
  • Develop new sources of supply for body components
  • Execute comprehensive supply and development agreements
  • Research industry trends and cost drivers to inform sourcing decisions

Benefits

  • Comprehensive benefits package to support employee wellbeing
  • Competitive market-based compensation
  • Flexibility with onsite work Monday-Thursday and remote on Friday
Full Job Description
Position Overview

We are currently seeking a Senior Project Sourcing Manager - Transmissions, Transmission Components, Engine Components & ValveTrains to join our Procurement Organization.

 

The Senior Project Sourcing Manager - Transmissions, Transmission Components, Engine Components & ValveTrains will work cross functionally within International interfacing with engineering, program management, quality, manufacturing, risk management, finance, aftersales, and supply chain.

 

As Senior Project Sourcing Manager - Transmissions, Transmission Components, Engine Components & ValveTrains you will be responsible for sourcing all new programs according to the category sourcing strategy, driving cost reductions, supply base management and negotiating agreements.

 

The key activities include leading strategic sourcing activities, supplier contract negotiations, executing commercial agreements, identifying cost reduction opportunities, and overall supplier performance management.

 

Must reside locally. This is a local position (Onsite) Monday-Thursday, (Work from Home)Friday

Responsibilities
  • Accountable for sourcing all new programs (sending out RFP's /RFI's) and interface with Engineering and Supplier Quality
  • Based upon CMT recommendations, send RFP packages out to potential suppliers
  • Follow up with suppliers, negotiate costs to achieve best overall total cost of ownership, when data received pull together TCO and share comparison in CMT's
  • Engaged with Scania/MAN for alignment on common Traton Group business strategy for T2 components
  • Support VA/VE efforts to generate cost reductions
  • Enabler to successfully implement Dual Sourcing while also developing new sources to support body components
  • Through new program sourcing, develop and execute category strategies to align with International’s business objectives and Traton Group business strategy for improved cost, quality, or delivery opportunities
  • Research industry trends, global markets, benchmark data, and understand underlying cost drivers
  • Execute legal agreements such as Comprehensive Supply Agreements and Development Agreements
Minimum Requirements
  • Bachelor's degree and at least 5 years of purchasing/procurement experience
  • At least 1 years of lead experience

OR

  • Master's degree and at least 3 years of purchasing/procurement experience
  • At least 1 years of lead experience

OR

  • At least 8 years of purchasing/procurement experience
  • At least 1 years of lead experience
Additional Requirements
  • Qualified candidates, excluding current employees, must be legally authorized on an unrestricted basis (US Citizen, Legal Permanent Resident, Refugee or Asylee) to be employed in the United States. We do not anticipate providing employment related work sponsorship for this position (e.g., H-1B status)
Desired Skills
  • Procurement background in the automotive or commercial vehicle industries or manufacturing preferred
  • Experience developing category strategies, discovering competitive options and leading negotiations
  • Excellent time management skills – can organize and prioritize multiple projects and meet specific deadlines
  • Ability to read, understand, and execute commercial agreements and contracts
  • Ability to understand technical concepts
  • Skilled at developing executive level presentations
  • Strong analytical skills
  • Results driven
Benefits and Compensation

This position offers competitive market-based compensation, along with a comprehensive benefits package designed to support employee wellbeing. You can learn more about the benefits offered for this position by visiting https://careers.international.com/#benefits.The expected salary offered for this position will fall within the stated range, with the final offer based on the candidates' applicable skills, knowledge, and experience.

About Cerberus Capital Management

Cerberus Capital Management is a private equity firm that specializes in distressed investing. The firm was founded in 1992 by Steve Feinberg and William L. Richter. Cerberus has invested in a variety of industries, including automotive, healthcare, real estate, and retail. The firm is known for its aggressive approach to investing and has been involved in several high-profile deals, including the acquisition of Chrysler in 2007.
Learn more about Cerberus Capital Management
Size
1,000 employees
Industry

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