Lead Sourcing Specialist - Commodity Management
GE Vernova
Date: 3 weeks ago
City: Hosūr, Tamil Nadu
Contract type: Full time
Job Description Summary
This Sourcing role is responsible for driving the Strategic Sourcing Initiatives for Goods or Services sought for HVS product line, in this role he / she will be the responsible for AIS / GIS Product commodity in site,
By leading a culture of GE beliefs & integrity, he/she is pursuing the objective to leverage GE HVS spend and to develop a best-in-class supply base that meets their strategic (e.g. localization, product development, vendor list) and operational (e.g. quality, lead-time, cost, EHS) needs.
Job Description
Major Responsibilities and Accountabilities:
Relocation Assistance Provided: Yes
This Sourcing role is responsible for driving the Strategic Sourcing Initiatives for Goods or Services sought for HVS product line, in this role he / she will be the responsible for AIS / GIS Product commodity in site,
By leading a culture of GE beliefs & integrity, he/she is pursuing the objective to leverage GE HVS spend and to develop a best-in-class supply base that meets their strategic (e.g. localization, product development, vendor list) and operational (e.g. quality, lead-time, cost, EHS) needs.
Job Description
Major Responsibilities and Accountabilities:
- Lead Sourcing Buyer will be responsible for managing Demand to Execution for competitive, compliant, commercial proposals for Electrical & Mechanical Commodity
- Define Supplier Strategy Including supplier selection, qualification process and optimization of supplier panel.
- Drive supplier development & component development and coordinate with Supplier Quality for onboarding process
- Is responsible for monitoring allocated commodity including supplier negotiations, contracting, and securing best terms and conditions.
- Will work closely with Global Commodity leader (GCL) to help develop sourcing strategy to achieve cost, improved cash flow, and T&Cs
- Strategic Sourcing: Define the Commodity Strategy for the site, supplier target panel and action plan,
- Constantly survey the market for intelligence, benchmark, and development of new or existing suppliers of local or global usage. Distribute the information to the stakeholders
- Develop strategy with potential suppliers & commodity strategy to execute cost reduction projects and coordinate with R&D, Engineering and Supplier Quality teams to improve Cost
- Develop technical and market expertise in global commodity area
- Lead Supplier Relationship management program for target suppliers,
- Tendering: Define inputs for tendering purposes (e.g. costing and target panel) and ensure compliance of Business Award with validated Supplier Panel and tendering budgets
- Working with stake holder teams to ensure fulfilment and quality requirements are improved
- Work with Global Logistics team and Sourcing teams to minimize transportation & packing costs
- Meeting with Suppliers to discuss performance, provide feedback, discuss opportunities, requirements.
- Concisely communicate status of critical quotes to management, operations, and internal customers in a timely manner.
- Good in Analytical and operational problem-solving skills, able to generate & manage commodity data
- Bachelor’s degree in Mechanical / Electrical Engineering, from an accredited university or college
- Min of 10 yrs of experience in Sourcing / Commodity management / Negotiation / Purchasing
- Exposure in Aluminum Die / Sand castings, Machined components, Porcelain and Polymerics Insulators, Insulating paper/press boards, Epoxy components, Gaskets/O-rings, etc.
- Candidates having experience in CT/CVT product manufacturing industry will be preferred.
- Demonstrated ability to analyze and resolve problems. Excellent negotiation and execution skills
- Market (commodity) knowledge and experience in working across various functions (quality, supply chain, logistics) and Ability to work in cross-functional global team environment
- Experience in LCC sourcing, building, and developing a supply base for assigned commodity,
- Six Sigma certified (GE Employees Only) and Experience in deploying lean techniques
- Contract management / legal awareness, Risk management skills
- Ensures compliance to applicable laws and regulations governing quality, safety, and product performance.
- Identifies opportunities for continuous improvement both on a personal and organizational level
Relocation Assistance Provided: Yes
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