Senior Strategic Procurement Specialist

Pay Range: $40.13hr - $45.13hr Job Overview:
The candidate will work in a hybrid capacity, requiring a minimum of 3 days a week in the office. The role involves leading commodity circles and managing strategic procurement activities to support the organization's business objectives. Leadership:
Lead the Commodity Circle in respective area of responsibility with support of cross-functional team members. Commodity Management:
Manage the commodities for respective area of responsibility. Define the Ecosystem strategy in the respective area of responsibility with cross functional counterparts and support from GCMs and in alignment with business. Ensure transparency on cost structures and spend in area of responsibility via Commodity Circles. Create and implement business specific initiatives and measures based on respective commodity strategy in alignment with Ecosystem strategy and business objectives.

Increase Managed Spend in the area of responsibility by safeguarding awardings following the defined commodity strategy. Maintain competitive supply base in alignment with Ecosystem strategy and Commodity Circle. Execute periodic strategic procurement activities negotiations planning, commodity strategy updates, awarding strategy and sourcing board approvals, quarterly review meetings, etc. Prepare, negotiate, award and make available frame contracts & price lists for strategic suppliers in accordance with business and market requirements.

Manage the relationship with assigned strategic suppliers. Generate, document and implement savings measures, monitor and report relevant KPI. Drive early procurement / supplier involvement and cost out activities via respective Commodity Circles. Identify procurement risks and opportunities and implement respective measures. Feedback supplier market information and knowledge to stakeholders through network. Drive supply/supplier management processes (e.g., qualification, selection, evaluation, development, classification).

Requirements:
Bachelor's degree in Mechanical Engineering, Business, Supply Chain Management, or a related field. A minimum of 6-12 years of collective experience working in Supply Chain, Purchasing, Sourcing, Engineering or similar function in machinery industries. Strategic thinking and analytical skills, including experience utilizing financial and data-driven techniques to make decisions. Strong communication and interpersonal skills, with the ability to understand main mechanical manufacturing processes and communicate basic mechanical topics with suppliers and internal cross functions.

Know-how of procurement related processes, systems and tools, specifically SAP and Productivity Management Systems. Advanced skills in Microsoft Office applications, specifically Word, Excel, Outlook, and PowerPoint. Cost and risk management skills, including a Experienced understanding of multiple aspects of the supply chain value stream.

Experience with supplier financial risk evaluation and management, as well as supply chain risk evaluation. Commodity and product knowledge, with the ability to quickly develop a comprehensive understanding of each commodity and complex sourcing strategies. Commercial knowledge, contract law, and Terms and Conditions (T&C) experience. Experience managing Long Term Contracts and negotiating complex terms and conditions. Negotiations and supplier relations management experience.

Strong problem solving and results-oriented mindset. Ability to work effectively in a matrixed global organization. Ability to travel 10-15% both domestically and internationally. Willingness to learn and drive change in a global environment, along with the ability to influence through effective verbal and written communication skills.…