Global Procurement Manager

4 weeks ago


Piqua, Ohio, United States ITW Full time
Job Description

Job Summary:

The Strategic Sourcing Specialist will be responsible for developing and executing strategic sourcing strategies for assigned commodities and categories. This role will involve forecasting and reporting economic savings performance, negotiating price reductions or increases, driving long-term agreements, and analyzing various reports to identify and implement cost reduction opportunities.

Key Responsibilities:

  • Develop and Execute Category Management Strategies: Develop and execute category management strategies based on organizational requirements to align with current and future market conditions, providing top-line value, improving the total cost of ownership model, decreasing supply disruption risk, and improving supply chain agility.
  • Manage the RFP Process: Prepare the request, select participants, review proposals, negotiate contracts and prices with suppliers, and award the business based on Total Cost of Ownership analyses.
  • Negotiate and Implement Long-Term Agreements: Negotiate, implement, and manage long-term agreements while achieving commercial savings and raw material recovery to meet or exceed parts cost and total cost reduction objectives.
  • Develop Market Intelligence: Develop market intelligence within assigned categories, including industry trends, global pricing, lead times, technology, and manufacturing capability of suppliers, supply/demand market volatility, cost drivers, and material indexes.
  • Develop and Manage Supplier Relationships: Develop and manage supplier relationships that deliver reliable product supply and total cost effectiveness while meeting or exceeding all customer service, compliance, product requirements, and key performance metrics.
  • Collaborate with Product Management Team: Collaborate with the Product Management team in support of new product launch initiatives to develop and implement cost reduction and sourcing strategies for service parts to meet program timing, cost, quality, delivery, and strategic objectives.

Qualifications:

  • Education: Bachelor's Degree in Business, Materials, Supply Chain Management, Materials Management, Engineering, Operations, or related field.
  • Experience: 3+ years of Sourcing experience, including completing sourcing events (RFI, RFQ, RFP), contract negotiation/management, and 3+ years of Strategic Procurement experience.

Desired Qualifications:

  • Commodity/Category Management Experience: 3+ years of experience in Commodity/Category Management, preferred but not required.
  • Supply Management Experience: 3+ years of experience in Supply Management, with a focus on strategic sourcing and supplier development, preferred but not required.


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