What are the responsibilities and job description for the Procurement Sourcing Specialist position at Compass Tech International?
Procurement Sourcing Specialist
Greater Columbus Ohio area
A Global OEM Manufacturer is looking for a Procurement Sourcing Specialist to join their team.
Position Summary
The Procurement Sourcing Specialist is responsible for the assigned auto part’s (increased complexity) piece price, investment, and annual cost reduction, all of which have significant impact on financial performance. Establishment of part and supplier strategies through understanding of the Global and North American supply base, manufacturing process and critical part design elements. Considering input from key stakeholders, propose the selection of the best cost, quality, development, and delivery supplier. Effectively manage Team level project roles.
KEY ACCOUNTABILITIES
- List the key accountabilities that must be carried out to fulfil the job purpose. % of Time
- Develop, gain approval, & execute purchasing “Model and Supplier Strategies” for assigned commodities/suppliers between 8~10 suppliers with $300M ~ $500M in annual spend. Commodities/Suppliers are complex in nature
- Research and monitor industry trends (sourcing, technology, market price) for development of Model or Supplier Strategies
- Gain consensus on new model supplier selection, managing multiple model developments through correlation activity with design
- Responsible for accurate and timely supplier selection & BOM maintenance
- Responsible for building supplier relationships 30
- Establish and achieve logical new model cost targets through supplier selection/negotiation with Supplier, Design (complex commodities)
- Responsible for achieving annual mass production cost improvement goals (ACR), between $7M ~ $12M
- Ensure accurate and timely quotation processing to ensure efficient payment to suppliers at Mass Production timing
- Effectively manage projects that support business needs (ACR, GML, Diversity)
- Create and implement continuous improvement activities to support lean practices
- Mentor and develop entry level associates
Job Requirements
- Bachelor’s Degree in Supply Chain or Business or equivalent experience
- 2 Years of relevant experience in Purchasing, Sales, Quality Control, or Engineering (Purchasing preferred
- Ability to negotiate based on logic, manage cost, manage supplier relationships, work in teams to build consensus, solve problems, manage projects, analyse blueprints
About CTI: Compass Tech International (CTI) is dedicated to providing the highest quality Staffing, Recruiting and Managed Services to our customers nationwide, to create greater efficiencies, better results and effective communications to improve their talent access and worker effectiveness while finding solutions for workflow and process improvement.
Talk today to your Compass Tech recruiter. If the immediate job opportunities from our 100 active client companies is not readily apparent, CTI’s team will stick with you to find the right opportunity, or guide you to improve your process to find success. And via that, a brighter career path.
Talk today to your Compass Tech recruiter. If the immediate job opportunities from our 100 active client companies is not readily apparent, CTI’s team will stick with you to find the right opportunity, or guide you to improve your process to find success. And via that, a brighter career path.
Salary : $500