Strategic Sourcing Manager
GE Vernova
Date: 3 weeks ago
City: Rugby
Contract type: Full time
Job Description Summary
Negotiate with dedicated providers according to specific policies. Achieve the best contractual conditions while also ensuring internal customer satisfaction. Has knowledge of best practices and how own area integrates with others; is aware of the competition and the factors that differentiate them in the market
Job Description
Roles and Responsibilities
Relocation Assistance Provided: No
Negotiate with dedicated providers according to specific policies. Achieve the best contractual conditions while also ensuring internal customer satisfaction. Has knowledge of best practices and how own area integrates with others; is aware of the competition and the factors that differentiate them in the market
Job Description
Roles and Responsibilities
- Knowledgeable in formulating ‘Commodity Strategy’ based on historical data, future project’s demand, and other key indicators
- Lead the execution of the local sourcing strategy in line with Global commodity strategy guidance; deliver a competitive advantage by driving the strategic supplier initiatives, selection, development, and consolidation to ensure optimal business performance.
- A job at this level requires a people leader with ability to hire and develop talent. Utilizes in-depth knowledge of a discipline and analytical thinking to execute policy/strategy. Basic knowledge of related job disciplines.
- Acts as a resource for colleagues with less experience. May lead small projects with low risks and resource requirements. Explains information; developing skills to bring team members to consensus around topics within field. Conveys performance expectations and may handle sensitive issues.
- Execute across the purchase base, with full accountability for meeting deflation (savings), usage, cash and preferred supplier targets.
- Carry out in depth cost breakdown analysis and negotiate lowest Total Cost of Ownership (TCO) within Local & Global supply base
- Knowledgeable in supplier Contract Negotiation working with Legal teams
- Manage & lead risk mitigation plans for assigned commodity
- Support bidding team with RFQs (Lowest possible TCO & lead times) in line Customer expectations to win new business
- Identify, select, develop, audit new suppliers and support their onboarding along with quality team
- Ability to lead Make Vs Buy decision metrics
- Undertaking the continuous review of supplier performance against quality, cost, delivery and risk metrics (Supplier Scorecard) to ensure we have Best in Class supply chain
- Lead Supplier Business Reviews to build the strategic relationship with preferred suppliers
- Lead Sourcing Board Reviews (Management Review Board) for Commodity Strategy & Project Sourcing Strategy
- Drive lowest cost of poor quality (CoPQ) metrics along with SQIE
- Support Warranty team to get right support from suppliers to resolve Customer issue and improve process/product
- Maintaining compliance with GE’s policies & procedures
- Bachelor’s degree within Technical/Engineering preferably Electrical/ Electro-mechanical
- CIPS (desirable).
- Relevant experience within manufacturing /engineering environment
- Ability to develop Sourcing Strategy
- Ability to understand legal terms and contract negotiation
- Ability and willingness to travel nationally & internationally as required
- Ability to manage small team of sourcing specialists
- Desire to grow, improve, innovate, and add value
- Efficient with SAP, MS Office tools (Excel, Power point), Power BI (desirable)
- Ability to communicate at appropriate levels (Global teams, Senior leadership etc)
- Strong interpersonal and leadership skills
- Analytic capabilities and operating rigor
- Hands-on and ability to handle multiple priorities in a high demanding environment
- Cross-functional openness and Team-player attitude
- Man management experience
Relocation Assistance Provided: No
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