STRATEGIC SOURCING ANALYST - Mechanical
Job Overview
Monitors the execution of key strategic sourcing initiatives, negotiates contract terms and conditions and drives sourcing strategies to maximize cost savings.
Job Responsibiilties
- Execute commodity strategies aligned with business objectives
- Enhancing Localization and Global Expansion, especially for Asia market
- Monitor global market trends, supply-demand dynamics, and geopolitical factors.
- Mitigate risks related to commodity price fluctuations.
- Identify and develop new suppliers in collaboration with cross-functional teams.
- Optimize the supplier base to enhance efficiency and quality.
- Conduct RFQs for NPI (New Product Introduction) projects.
- Negotiate master purchasing contracts, Quality Assurance agreements, Non-disclosure agreements, consignment contracts, etc., with suppliers.
- Drive cost reduction initiatives through comprehensive cost analysis, market data evaluation, and negotiation.
- Collaborate with engineering teams to lead Value Analysis/Value Engineering (VA/VE) projects.
- Coordinate cross-functional efforts to achieve project KPIs including savings, lead time reduction, minimum order quantity optimization, dual sourcing, and localization.
- Identify risks, opportunities, and underperforming suppliers; implement corrective actions to mitigate risks and ensure continuous improvement.
- Collaborate with plant teams as necessary.
- Strengthening Supplier Management / Long-Term Partnerships/ supplier strategy
- Supporting Successful NPI Project Execution.
Job Requirements
- Bachelor's degree or above in a relevant field
- Fluent in spoken and written English
- 5+ years of sourcing experience in the machining field, familiar with tooling, stamping, molding, plating, diecasting & machining……
- 5 years’ Experience working in a global/region commodity role in a multinational company.
- Engineering background is advantageous.
- Proficiency in office software; Familiarity with SAP
- Willingness to travel domestically and internationally as required.
- Ability to adapt to a flexible work schedule.
- Reports To: Directly reports to Global Mechanical category leader
- Integrity, Accountability, Teamwork, Innovation
- Proven ability to lead projects, coordinate, problem-solve, and make decisive decisions to achieve results
- Proactive and detail-oriented
- Strong analytical and cross-functional skills
- Ability to understand global markets, collaborate effectively with global teams, and experience in working with suppliers in the Asia-Pacific region and Global
Competencies
BAYAN LEPAS PENANG, 07, MY, 11900
Job Segment:
Strategic Sourcing, QA, Quality Assurance, Machinist, ERP, Operations, Quality, Technology, Manufacturing