Sr Strategic Sourcing Spec

Job Description

Senior Strategic Buyer Role and Responsibilities Job Summary The Strategic Buyer is responsible to plan, organize and control strategic activities surrounding the acquisition of materials and services that embodies the major piece part and/or device commodities. The position will also align the supply base strategies with the Mainz Site Leader within IA. The focus will be on the Supply Base Management strategy to achieve lowest total costs, effective asset management, continuous quality improvement, delivery and cycle time performance improvement and early supplier involvement in product development. Key Tasks/Responsibilities Through the analysis of current spend, processes and practices, execute on an overall sourcing strategy that supports the goals of the IA business supplier consolidation, process standardization, material cost reduction, working capital improvements, and lead time reduction. Ensure appropriate sourcing measures and metrics are in place and deployed that measure progress against initiatives and develop necessary corrective action plans. Select and manage required suppliers who have the capacity and capability to meet the material and subcontract needs of the business. Develop and implement Annual Operating Plan (AOP) covering selected commodities and suppliers. Establish and manage key supplier performance goals and objectives consistent with the business strategy and ensuring continuous material supply. Prepare and execute RFQ s (Request for Quotations) and e -Auctions. Analyze demand and prices to identify new cost reduction projects. Analyze seller market. Create and prepare contracts for suppliers and ensure implementation. Support inventory reduction projects. Coordinate relocation and CE/VE projects. Manage negotiations and sourcing decisions covering selected suppliers. Manage and negotiate supply agreements in support of overall supply chain goals and objectives. Prepare global strategies for assigned spend with the alignment of corporate strategies Qualifications / Experience / Skills Bachelor degree in engineering or economics, with proven knowledge/experience of/with business administration or bachelor degree in business administration, with proven knowledge of technical design and engineering 5+ years of experience in Strategic Sourcing with a focus in international supply base management Ability to work in a cross functional, team-oriented environment Superior oral and written communication skills Good organizational skills with an ability to prioritize Competent appearance, negotiation skills and assertiveness Ability to build teamwork to accomplish business objectives English fluent speaking and writing German - optional Rapid problem solving skills Good knowledge in SAP and MS Office Good knowledge of contract laws Willingness to travel YOU MUST HAVE 5+ years of experience in Procurement, Supply Chain, Business, or Finance Strong leadership skills with the ability to motivate and develop a team Proven track record of driving cost savings and supplier performance improvement Excellent negotiation and contract management skills WE VALUE Masters Degree in Business, Supply Chain, or related field Experience in a manufacturing or industrial environment Knowledge of best practices in procurement and supply chain management Strong analytical and problem-solving skills Ability to influence and collaborate with cross-functional teams Experience with supplier relationship management and supplier development Key Responsibilities Develop and implement sourcing strategies to optimize costs, quality, and delivery performance Conduct market research and supplier evaluations to identify strategic suppliers and onboard them Lead supplier negotiations and contract management to ensure favorable terms and conditions Drive continuous improvement initiatives to enhance supplier performance and supply chain efficiency Collaborate with crossfunctional teams to align sourcing strategies with business objectives Monitor supplier performance and manage supplier relationships to mitigate risks and ensure compliance