Summary: The Global Commodity Sourcing Specialist is responsible for protecting revenue and executing gross margin improvements. Support the supply chain plan for all new products and assist evolving/improving the supply chain for existing products. Support key relationships across the supply chain and contribute through the Sourcing strategy to our Gross Margin contribution from our supply chain.
Essential Duties and Responsibilities:
- Sourcing suppliers and maintaining long-lasting relationships with them as well as existing suppliers.
- Assist in supplier selection processes in alignment with business partners and assist with contract negotiations up to final authorization.
- Execute RFQ process using electronic system, obtaining quotes from different suppliers.
- Conduct the cost BOM analysis to ensure the cost BOM integrity and accuracy and identify the key components to develop the cost driving strategy.
- Continuous learning and development of product knowledge and process methodologies driving innovation and continuous improvement. Work with Operations, Business Groups and Stakeholders to identify new areas of process improvement
- Work closely with the R&D and Operations Departments, communicate the preferred supply base capabilities, and support their technical evaluation of opportunities for cost, manufacturability, and scalability.
- Responsible for promoting early supplier engagement and execution of a sustainable supply chain that aligns with the overall company strategies
- Support strategic direction and supply requirements, corporate business objectives and priorities in executing global and regional short term and long-term supply roadmap.
- Direct and execute initiatives that support aggressive improvements in supplier quality, total cost effectiveness, enhanced service levels, improved coordination, delivery, pricing, lead-times, payment, risk compliance and other areas as identified.
- Source, support, and drive alternate component qualification through engineering and quality teams.
- Conduct supplier market analysis and understand supplier's product portfolio
- Performs other duties as assigned.
Education and Experience Requirements:
- Bachelor’s degree in administration, logistics, supply chain or related field is preferred.
- Experiences with electronics Components Sourcing is preferred
- Ability to read and interpret engineering drawings, engineering specifications for material
- Proficient with Microsoft Office Suite or related software.
- Proven experience in sourcing processes.
Competencies and Abilities:
- Excellent verbal and written communication skills.
- Excellent interpersonal, negotiation, and conflict resolution skills.
- Excellent organizational skills and attention to detail.
- Excellent time management skills with a proven ability to meet deadlines.
- Strong analytical and problem-solving skills.
- Ability to act with integrity, professionalism, and confidentiality.
- Strong negotiation skills.
- Sound time-management and organizational skills.
- Self-motivated and a team player
Job Type: Full-time
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Work Location: Dayton, Ohio