Global Sourcing Manager

Job Description:

Strategic Planning & Commodity Ownership

• Develop and execute 3-year commodity strategies aligned with corporate, purchasing, and business unit goals
• Take full commercial ownership of assigned suppliers and commodities, acting as the global commodity performance owner
• Facilitate commodity strategy meetings for cross-functional and cross-business audiences
• Incorporate supply base rationalization, Best Cost Country (BCC) objectives, localization strategies, and new technology drivers into commodity plans
• Utilize commodity expertise to create and update Business Plans and Strategic Plan Metrics
  
  

• Benchmark supplier pricing and negotiate cost reductions to support GCE margin targets
• Mitigate overall inflation in the supply base and drive cost-saving projects
• Set negotiation strategy and direction for commodity-level negotiations; include appropriate team members
• Manage cost recovery initiatives and provide recovery mechanisms for cost drivers as necessary
• Drive cash flow improvement initiatives including payment terms negotiations, consignment stock agreements, and lead time reduction
• Maintain price tables and manage requisitions for pricing related to commodity contracts
  
  

• Drive supplier approval process and manage supply base consolidation to increase negotiation leverage
• Develop alternate sources to improve cost competitiveness and supply availability
• Establish supplier partnerships and strategic alliances to enhance commodity strategies
• Utilize supply base knowledge to manage risk from financial instability or insolvency at individual suppliers
• Partner with suppliers and factories to improve on-time delivery and reduce lead times
  
  

• Execute sourcing capabilities to drive make-vs-buy decision-making at component and finished goods levels
• Assist other Global Commodity Managers in executing their assigned strategies, including regional savings initiatives
• Manage and drive commodity review of projects for all relevant commodity activities
• Support global factories in overcoming short-, mid-, and long-term sourcing constraints
• Coordinate with GCE legal team to ensure contractual obligations minimize risk to the Company
• Store contracts according to GCE Corporation policy and determine contract turnover levels
  
  

• Analyze market trends and influence factory decision-making with actionable insights
• Possess and continuously develop knowledge of supply market trends, associations, trade publications, and indexes
• Participate in Advanced Technology projects related to commodities and negotiate with technology partners to mitigate downstream risk
• Utilize Advanced Technology knowledge to set technological direction for commodity strategies
  
  

• Mentor and coach junior team members to develop high-grade talent within the sourcing organization
• Lead ad hoc cross-functional teams spanning business units and purchasing functions