What are the responsibilities and job description for the Commodity Manager - Electronics - Minnesota position at Cogs?
Commodity Manager - Electronics - Minnesota [Hybrid]
Cog's Client, a multinational medical device manufacturer is looking for:
The Senior Procurement Specialist - Electronics, manages and continuously improves the assigned categories of spend. Collaborates with a cross-functional team of sourcing, operations, technical, finance and other key stakeholders to prioritize sourcing initiatives, develops sourcing strategies, negotiates contracts, supports spend migration from incumbent to preferred suppliers, and manages preferred supplier relationships.
Responsibilities
How will you get here?
Cog's Client, a multinational medical device manufacturer is looking for:
The Senior Procurement Specialist - Electronics, manages and continuously improves the assigned categories of spend. Collaborates with a cross-functional team of sourcing, operations, technical, finance and other key stakeholders to prioritize sourcing initiatives, develops sourcing strategies, negotiates contracts, supports spend migration from incumbent to preferred suppliers, and manages preferred supplier relationships.
Responsibilities
- Executes global category initiatives to deliver key category performance indicators, including: savings, supplier rationalization, low-cost region sourcing, risk management, spend under agreement, joint innovation, supplier performance, etc
- Supports the execution of global sourcing strategies focused on identifying and contracting with preferred suppliers that meet key business needs and category management goals
- Monitors market intelligence and key trends, assesses impact and refines category plans to support business requirements
- Engages and supports division/site procurement teams and other key stakeholders to qualify preferred suppliers & migrate spend from incumbent, non-preferred suppliers
- Analyzes category supplier performance data to find opportunities for supplier performance improvement and to establish continuous improvement
- Supports supplier business reviews with suppliers to ensure both parties meet obligations under the terms of agreement, including performance standards and continuous improvement goals
- Manages the impact of cost and risk when developing contracts
- Drives negotiations for global agreements aligned with category strategy
- Interfaces with cross-functional stakeholders (quality, technical, operations, finance, etc.) to ensure all category sourcing activities are aligned to a common set of goals and priorities
How will you get here?
- Bachelor's degree in Business or technical field
- Experience working in an electronics procurement role preferred
- Solid previous experience within procurement/sourcing roles in mid to large multinational companies, with strong category/business engagement experience
- Business acumen - knows how to assess market/business requirements dynamics and negotiate agreements that yield meaningful business value
- Experience working in highly regulated industries
- Experience in a continuous improvement environment with a track record of achieving significant year over year results
- Demonstrated consultative/collaborative style in performing sourcing activities
- Influences without authority to motivate and manage a cross-functional team in multiple geographies.
- CPSM or equivalent is helpful
Recommended Skills
- Business Process Improvement
- Business Requirements
- Commercial Awareness
- Electronics
- Finance
- Geography
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