Strategic Sourcing Specialist at Ralliant

Elizabethtown, North Carolina, United States -

Full Time

Start Date

Immediate

Expiry Date

15 Jan, 26

Salary

0.0

Posted On

17 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Strategic Sourcing, Supplier Development, Negotiation, Cost Reduction, Lean Manufacturing, Inventory Optimization, Cross-Functional Collaboration, Commodity Strategy, RFQs, Data Analysis, Communication, Leadership, Project Management, International Sourcing, Process Improvement, ERP Systems

Industry

Electrical Equipment Manufacturing

Description

Drive material cost improvements through purchase price reductions and material cost out activities through re-design. Execute sourcing funnel process with several commodities. Locate and develop suppliers globally and engage suppliers in projects to improve quality, lead-time, and price/terms. Drive regular improvement in Purchase Price Variance (PPV) through RFQs, auctions, and negotiations with suppliers. Be responsible and accountable for the strategic direction and daily management of specific purchased commodities. Execute the vendor consolidation process of identifying and developing strategically important suppliers Work closely with Supply Chain/Materials personnel to implement and receive benefits of best practices Support the negotiation strategies with suppliers ensuring inventory optimization is included in supplier contracts and agreements. Work with cross functional team supporting Value Analysis Value Engineering Events to identify cost-out opportunities in support of building the cost out funnel. Create and execute Commodity strategies to better align with supply chain; negotiate payment and working capital terms with suppliers that align to business terms. Negotiate MSA's with Grow/Maintain/Preferred suppliers. Understand commodity trends utilizing pro-purchaser or Commodity Price Index (Not limited to). Negotiate MOQ/POQ/LT's with suppliers as it aligns to the business standards. BS/BA Engineering or Business, with specific background with international sourcing. 3-6 years progressive experience in planning, purchasing and inventory control within a low-volume high mix manufacturing environment preferred. CPIM (APICS) Certification is preferred. Strong leadership skills with the ability to build consensus with many. Demonstrated ability to reduce material cost through material substitutions, material reductions, etc. Lean manufacturing experience including kanban planning, establishing reorder quantities, inventory optimization, and a strong process mind set. Ability to develop and execute strategic plans, Self-starter and highly motivated. Excellent cross-functional interpersonal, facilitation, communication and leadership skills. Results driven with excellent organization, communication (written and oral), and presentation skill. Proficient in Word, Excel, PowerPoint, performing queries in ERP systems (Business Objects), along with data gathering, manipulation, and analysis expertise. International and domestic travel requirement of up to 25%.

Responsibilities

Drive material cost improvements through purchase price reductions and material cost out activities. Execute sourcing funnel processes and develop suppliers globally to improve quality, lead-time, and pricing terms.