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The Sourcing Specialist II is an individual contributor role that manages the purchase of high complexity production parts for CNH Industrial’s North American manufacturing plants. This position will be responsible for setting strategic direction for the assigned Electrical Commodities. Managing negotiations, and helping achieve the budget, sourcing, closing campaigns, and meeting rationalization targets. The Specialist will forecast and report economic savings performance, negotiate price reductions or increases, drive long term agreements, market test, award new business to maximize leverage, and analyze various reports to identify and cost reduction opportunities. Additionally, the specialist will support special projects as necessary to assist in delivering commodity goals. This role is approximately 50% Strategic / 50% Operational (Focus: Commodity Strategy, Benchmarking, Sourcing Council preparations, mid to upper management presentations, resourcing as needed, Technical Cost reductions, Warranty agreements, managing supplier financial distress, coordination with global teams, supplier capacity management.
Job Responsibility:
Lead supplier evaluation, selection, and sourcing for assigned commodities for all North American operations and/or leading/supporting global sourcing projects by working closely with the global commodity team (EMEA, LATAM, APAC)
Programs: Support function for new product launch initiatives while developing and implementing cost reduction and sourcing strategies through leveraging parts for new platforms to meet program timing, cost, quality, delivery, and strategic objectives
Develops/implements supply base management strategies both regionally and globally that lead to lowest total cost in terms of quality, lead time, delivery, service and unit cost. Drives the selection of suppliers, negotiates and maintains performance to expectations
Negotiates, implement and manage LTA's (long term agreements) while achieving commercial savings and raw material recovery to meet or exceed material cost and total cost reduction objectives and while supporting organizational initiatives. Facilitates supplier/engineering VA/VE activities to drive product cost savings and process improvement initiatives to achieve budget performance
Provide leadership in and develop an understanding of and insight into the market for the commodities assigned
including industry trends, cost drivers, global pricing, lead-times, technology and manufacturing capability of company suppliers and suppliers in the market that best meet expectations and objectives. Track, monitor, and execute hedges at optimal raw material market conditions to minimize risk
Requirements:
A bachelor’s degree in Business, Supply Chain or related field along with a minimum of 6 - 8 years of purchasing experience
Ability to travel up to 20% - domestic and international
Nice to have:
Intermediate level of proficiency in Excel (to include pivot tables and v-look ups)
Excellent verbal and written communication skills, negotiation skills, analytical and problem-solving skills, and computer skills
Excellent ability to work as a team within purchasing, other functions, and with locations worldwide
Demonstrated strong analytical and problem-solving skills
Knowledge/experience of raw material analysis and tracking systems
Experience in analyzing, selecting/recommending, approving and auditing suppliers for different product platforms within a multi-plant manufacturing environment, based upon supplier capability relative to designing, supporting, quality and manufacturing
Strong negotiation background with knowledge of corporate purchasing practices and strategies that bring about closure of long-term agreements reflecting positive results that contribute to organizational/departmental goals
Experience developing and implementing commodity strategies
Proven experience in mitigating supplier delivery, cost, and relationship issues with positive outcome for the company
Ability to facilitate and lead technical and commercial meetings that require multiple cross functional participants