What are the responsibilities and job description for the Specialist - Purchasing Management (Cost Optimization) position at Hyundai Motor Company?
Position Summary:
Responsible for cost optimization activities relating to the support of the Procurement and Purchasing Division in an automotive manufacturing environment.
Essential Functions:Support cost optimization projects and activities as defined by the Cost Optimization Committee by:
‐ Serving as HMMA CO CFT team leader for assigned part groups.
‐ Project implementation tracking vs. target and reporting.
‐ Working collaboratively with the Parts Development team.
‐ Gathering part detail from suppliers.
‐ Ensuring accuracy of cost savings amounts reported to PMO.
‐ Monitoring supplier quality and delivery performance.
Work closely with HMNA cost team to drive all beneficial cost opportunities to implementation.
Work directly with suppliers to identify all feasible cost optimization opportunities.
Manage calendarized schedule of savings opportunities.
Identify and pursue cost reduction strategies by engaging suppliers and HATCHI R&D team.
Evaluate part designs with engineering, quality, and suppliers to obtain optimum efficiencies.
Solicit cost reduction opportunities from internal HMMA process partners.
Participate in all CO related internal/external meetings, including making presentations to and preparing information for senior management at HMMA and
HMNA.
Maintain COMS system cost and tracking status accurately.
Work closely with buyers to gain access to the latest required information.
Support part localization activities.
Support purchasing management team data request gathering, summary, and reporting as needed.
Administer, coordinate, and comply with all Business Management System (BMS), Environmental Management System (EMS), and Safety Management
System (SMS) requirements.
Meet all other requirements as assigned.
Education:Bachelor’s Degree in an engineering or business discipline or equivalent preferred
Related Experience:- 0 – 10 years of job-related experience
- 1 - 3 years of engineering/cost/ efficiency improvement related experience preferred
- Process improvement experience preferred
- Six Sigma exposure preferred
- MS Word
- MS Excel
- MS PowerPoint
- Data management and analysis
- Excellent written and verbal communication, analytical, and organizational skills
- Excellent project management and interpersonal skills
Position may require occasional travel (domestic or foreign). Flexibility in working hours to include weekends, holidays, and off shift. Position may require on-call duty or overtime due to overall responsibility.