STRATEGIC SOURCING ANALYST III
TE ConnectivityAt TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world. Job Overview Strategic Sourcing Analyst This position will support the development and execution of the Equipment, Engineering Services and Equipment Components commodity strategies, including capital equipment, automation, tooling, test equipment and related services for the TE Internal for North America region and support teammates in the creation of a best-in-class Procurement team. The qualified individual will drive the commodities to meet the key year-over-year performance indicators focusing on productivity, delivery, and quality with superior customer service to the Business Unit stakeholders. The role also requires driving leading indicators such as savings pipeline and supplier reduction, while managing commercial risk and supporting complex, cross-functional manufacturing investments. The Sourcing Analyst Will Be Expected To Manage stakeholder relationships, through procurement expertise, responsiveness and business understanding (General Global Market / Industry and TE Internal requirements). Manage the execution of the strategy utilizing Procurement expertise in negotiation, RFI/RFQ support and/or processing, contract development, supplier management and other core procurement skills. Utilize all tools and strategies within and alongside the Corporate Indirect Procurement ESS (Equipment, Spares, Engineering Services) commodities and sub-commodity groupings to drive significant savings, meeting individual, regional and global TE savings goals. Help continuously improve overall service to all TE internal customers Job Requirements As a member of a Procurement Team this individual will be responsible for managing the assigned commodities and associated activities to maximize supplier performance, lead negotiations, develop strategies and deliver Extraordinary Customer Experiences (ECE) to all stakeholders and customers. The individual will lead complex sourcing initiatives from requirements definition and competitive bidding through supplier selection, contracting, purchase order placement and implementation, partnering with Engineering, Operations, Finance, Legal and Procurement leadership. As a Strategic Sourcing Analyst, a Typical Day Includes Interface with customers to meet their requirements Drive and create savings projects (Reduction and Avoidance) Attend conference calls, answer e-mails, presence meetings, plant visits, analyze Purchase Requisitions, creation of Purchase Orders. Manage respective supplier relationships Supplier visits, negotiation conference calls, presence meetings. Develop long-term agreements Elaborate agreements, review agreements, negotiate agreement terms. Ensure contract compliance Invoice resolution, unblock invoices for payment, verification of Invoice vs PO accuracy. Implement cost savings projects Drive continuous improvement Participation in projects related to improvement of procurement procedures, implementation of best practices, implementation of Procurement Transformation Strategies and Processes. Lead sourcing activities for capital equipment, automation, tooling, test equipment, engineering services and other complex indirect procurement projects. Manage competitive RFx processes from requirements definition through commercial evaluation, supplier selection, negotiation, contracting and award. Develop total cost of ownership analyses, negotiation strategies, business cases and sourcing recommendations for review by procurement leadership and senior management. Partner cross-functionally with Engineering, Operations, Finance, Legal and site stakeholders to align technical requirements, commercial strategy, project timing and implementation needs. Assess and mitigate supplier, commercial, contractual, financial and supply continuity risks, including payment structures, milestone terms, warranties, service obligations and …