04 feb
Volex
Xico
The sourcing engineer plans and implements activities for cost reduction.
Provides quick turnaround time on raw material quotes.
Documents and maintains contract pricing for assigned categories to support site/regional/global business.
Prioritizes and maintains balance between cost of acquisition and cost of possession to maximize return on investment including methodologies to maximize working capital.Core areas and responsibilities include:Works with local purchasing to coordinate RM buys and provides proper data handoff for production ordering.Conducts constant monitoring of site/regional spend to initiate savings projects.Leverages global spending and negotiates best "overall" price.Supports overall supplier negotiations.Helps lead strategic supplier business reviews (QBR's) to monitor continuous improvement.Generates and presents supplier performance metrics related to RFQ response time and pricing.Creates and maintains AVL's (approved vendor lists), customer LOAs, Volex contact pricing lists.Manages and negotiates supplier payment terms to drive cash flow and improve DPO (days payable outstanding).Develops and maintains strong supplier relationships to include supplier site visits.Supervises and reports on supplier strategies and spending.Develop strategies for the mitigation of risk in the supply chain.Provides benchmarking studies and market analysis.Supports negotiations to implement long-term agreements and rebates.Facilitates the support of category analysis (Regionally and Globally) in support of strategic sourcing initiatives.Assists in the development and enhancement of processes,
systems and reporting capabilities to drive efficiencies in providing regional/global sourcing services.Identifies appropriate benchmarks and implements approved process changes.Contributes to Total Cost of Ownership (TCO) reduction efforts and initiatives to achieve additional benefits.Qualifications and experience:BS in Business, Supply Chain Management, Finance or Engineering.5-10 years validated experience.Experience in negotiation (internal and external).Materials management, JIT, TCO, and Working Capital.Ability to travel on business-related trips (up to 40%).Seniority levelMid-Senior levelEmployment typeFull-timeJob functionSupply Chain and PurchasingIndustriesAppliances, Electrical, and Electronics Manufacturing, Medical Equipment Manufacturing, and Retail Appliances, Electrical, and Electronic Equipment#J-18808-Ljbffr
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