Sourcing & Commodity Specialist
INDUSTRY PRODUCTS COPosition Summary : The Sourcing & Commodity Specialist is responsible for managing solid working relationships with established and developing material suppliers and equipment vendors in support of IPC’s new business quotes, project launches and engineering changes. Manages the Supplier RFQ Process and Supplier Sourcing Process from identification of capable suppliers for participation in the processes, through negotiation of favorable pricing and terms in alignment with identified material specifications and supplier support expectations. Qualifications: Salary: Commensureate with experience. Required: · Self-motivated with the ability to establish priorities, manage multiple projects, and adapt effectively to changing business needs and priorities. Strong strategic thinking, problem-solving, and decision-making skills Strong organizational, planning and time management abilities. · Strong math, analytical and quantitative skills with the ability to interpret data and make sound business recommendations. Proficiency with standard Microsoft Office (Excel, Word & Outlook) Good communication skills, good interpersonal skills, the ability to work with a dynamic team and a demanding customer, as well as multiple personality types and cultures. Detail oriented with a high level of accuracy and follow-through. Ability to establish priorities, work independently, and proceed with objectives without supervision. Preferred: Bachelor's degree or Associate’s Degree in Business, Supply Chain or related field. Minimum of 3-5 years experience of sourcing, purchasing, supply chain, or related experience within the automotive manufacturing industry, or an equivalent combination of education and experience · Working knowledge of computers and ERP systems Primary Position responsibilities: 1. Active Member of the Quote Team supporting the established Quote Process: Review prints to identify and understand which materials are specified Identify any items that need clarification and address with the appropriate member of the Quote Team. Offer alternative material which could reduce cost for IPC and the customer. Initiates Supplier RFQ’s in accordance with Supplier RFQ Process. Support/coordinate Project Engineer’s interaction with supplier as needed Uploads supplier quote information and assumptions into the Quote Workbook on a timely basis. Initiates price targets and negotiates reductions and supplier recommended VE alternatives as needed 2. Active Member of Project Launch Team managing Purchasing, Material Planning and Compliance deliverables for assigned Programs · Maintain established Purchasing Launch Status Tracking Summary Report on a weekly basis · Coordinate with Project Engineer and other cross-functional project team members to ensure all Purchasing, Material Planning and Compliance deliverables are completed in a timely manner. o Communicate Supplier Project Contacts o Material Planning: Lead Times, MOQ, Qty/skid, Safety Stock, FCA Terms o Logistics: Skid sizes, quantities, weights, $/UOM Logistics Estimates & Shipping Type, Inter-plant Plans and Impacts of alternative Logistics Plans for consideration o Compliance: MSDS, COO, o ERP System Updates: Item #’s, Item Masters and relevant Material Planning Deliverables o Project Engineering/Supplier Requirement & Expectations Alignment o Supplier Award Letter: Price, Terms, Milestones & Expectations · Address all supplier commercial issues on a timely basis, that arise during trial events and project development. · Appropriate trial materials within established due dates. Track & communicate status and escalate issues as appropriate. 3. Supplier Sourcing, Development and Performance Monitoring · Develop and execute sourcing strategies for assigned commodities and categories. · Assume ownership of assigned commodities/categories continuously expanding upon product knowledge, manufacturing processes…