Commodity Sourcing Specialist - Chemical

About Us

Innovation. Sustainability. Productivity. This is how we are Breaking New Ground in our mission to sustainably advance the noble work of farmers and builders everywhere. With a growing global population and increased demands on resources, our products are instrumental to feeding and sheltering the world.

From developing products that run on alternative power to productivity-enhancing precision tech, we are delivering solutions that benefit people – and they are possible thanks to people like you. If the opportunity to build your skills as part of a collaborative, global team excites you, you’re in the right place.

The Commodity Sourcing Specialist 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 Chemical 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).

• 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 Long-Term Agreements (LTA's) while achieving commercial savings and raw material recovery in order 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.

• 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…