Position Overview
Responsible for developing the sourcing strategy for specific categories of goods within the company. This role requires a combination of technical knowledge, analytical skills, and industry-specific expertise.
Work requires detailed data analysis, logical reasoning and operations where independent judgment is used. Technical and engineering knowledge is needed since there is a high need to focus on details and manufacturing process understanding. Soft skills to be able to negotiate prices, and contracts are also needed.
Duties and Responsibilities:
- Continuous Improvement of WNA Sourcing Processes
- Detailed analysis of:
- Market conditions (commodities prices, shipping prices, inflation)
- Manufacturing capabilities and area of expertise from our supply base.
- Manufacturing process and main cost drivers.
- Business relationship over the years (demand, price, commodities, type of products)
- Analytical thinking to develop and execute category strategies based on cost and manufacturing capabilities.
- Managing relationships with suppliers, including negotiation, performance evaluation, and conflict resolution.
- Negotiates pricing, logistics and finance terms and conditions with suppliers.
- Drafts, review, and manage contracts effectively for legal correctness, price, and acceptability of terms.
- Defines the commodity strategy regularly by supplier (strategic, growth, challenger, decrease, phase-out, immediate action).
- Develop new potential suppliers with focus on localization with cross-functional support.
- Identify and mitigate risks associated with the supply chain and procurement processes.
- Works with international support base to accomplish company goals.
- Assists in forecasting of annual material and tooling budgets and reporting.
- Responsible to develop cost reduction activities related to Supplier base.
- Serves as direct interface between suppliers, R&D, and assigned facility team members.
- Must be able to travel domestically and internationally as needed.
Skills and Experience:
- Strong Analytical and Problem-Solving Skills
- Bachelor's degree in engineering or equivalent
- Outstanding Excel Skills
- Experience with ERP systems, SAP experience preferred
- Mathematical Concepts necessary for procurement (weighted averages, percentages, ratios and proportions)
