ESSENTIAL DUTIES AND RESPONSIBILITIES:
Works with stakeholders to address all aspects of procurement management for assigned commodity, including pricing, procurement support, supplier management, supply-base strategy, market trends assessment, etc.
- Strategic Planning and Project: Develop and implement strategies to achieve organizational objectives, managing strategic projects and timelines efficiently.
- Cross-Functional Collaboration: Coordinate with other departments, stakeholders, and external partners to facilitate projects, drive initiatives, and resolve issues.
- Creates, leads and implements global commodity strategies: Work with business stakeholders (engineering, quality, finance, planning, materials and operations), facilitate commodity communications, including commodity councils, strategies, market and landscape updates, creates and implements global commodity strategies.
- Negotiations: Lead on contract & price negotiations, competitive analysis & should cost to reduce total cost of ownership and increase supplier value
- Problem-Solving: Identify, analyze, and address challenges and obstacles, often involving complex or highly technical issues.
- Set up “should cost” study and lead negotiation with suppliers to achieve yearly cost reduction.
- Establish, implement, and administer system and process to evaluate, monitor, report and manage supplier performance and improvement (incl. QBR’s).
- Monitor commodity market trends, effectively reflect market dynamic in terms of supply, cost, etc.
- Identify potential sources or suppliers in business manner.
- Identify, develop and manage relationships with existing and potential suppliers to meet the established cost, quality and delivery targets.
- Collaborate with NPI, Engineering, Quality and Operations to effectively manage NPI procurement related activities.
