Sourcing Specialist - Senior

Conducts complex analysis of markets, supply chains, and supply base; applies analysis to sourcing process improvement initiatives. Identifies qualified suppliers and executes sound source selection processes. Has regular interface with suppliers within area of responsibility and maintains the supplier relationship. Understands how key procurement principles are used toward assuring supply. Sources specialized items and executes complex sourcing strategies in accordance with agreed upong sourcing strategy / plans at the optimum cost, quality and relationship.

Key Responsibilities:

Independently carries out sourcing activities with full consideration for the impact of those activities on the end-to-end supply chain. Executes sourcing tactics of varying complexity in accordance with established category/commodity strategies reflecting the optimum cost, quality, delivery. Participates in sourcing and category commodity strategy formulation. Analyzes complex sourcing and procurement initiatives and processes in support of the delivery of cost effective and high quality goods and services. Prepares and presents to senior procurement/sourcing leadership recommendations of improvement opportunities and alternative courses of action. Ensures consistent application of sourcing procedures and processes. Supports procurement/sourcing management in activities such as price benchmarking, vendor management, industry and market analysis, process analysis, and model building. May lead a team of sourcing analysts and specialists at the business unit category and/or international procurement organization (IPO) regional level. Leads analysis projects/initiatives providing coaching to less experienced analysts and specialists. Negotiates select contracts. Develops and maintains effective relationships with suppliers to the benefit of both parties. Understands the importance of compliance and is alert to situations that can pose risk to Cummins Inc.

Competencies:

Engineering graduate with 12+ years of experience in Procurement.

Complete commodity Handling of Forgings (Hot & Cold), Casting commodity. Some high level knowledge of Fasteners, Stamping & Machining is preferred

Contact management, RFQ Handling, Price settlement & Negotiations, Supplier Relationship management experience preferred

Global Procurement Exposure

Understanding the Cost structure, should costing, Spend Analysis and strategy decision