Total management and accountability for the global supply base across respective commodities within the organization, the critical responsibilities for this role will be to identify, validate, and manage the supply base and other third party relationships with strong international collaboration with our sales, operations, and engineering teams.
Essential Duties and Responsibilities
· Generate sourcing strategies in support of organizational objectives. · Develop & execute supplier contracts in alignment with our financial objectives.
· Identify, implement, and obtain cost reduction initiatives.
· Identify and develop supplier relationships & supplier performance with a strong focus on flexibility/ agility, quick response times, process flow efficiency, product quality, on time commitments, distribution excellence and supplier reliability.
· Assess, communicate, and mitigate risk to the business and our supplier relationships.
· Maintain current expertise in supply market dynamics & supplier classification.
· Analyze and provide recommendations/ decisions that will support continuous improvement & cost effectiveness of product delivery via current suppliers by providing strong supporting data.
· Monitor supplier score cards that provide an objective view of our supply base, and implement corrective actions as required.
· Drive and implement new product and cost savings initiatives in a cross functional team setting
· Strong leadership and managerial capabilities with an emphasis upon employee development and succession planning.