What are the responsibilities and job description for the Lead Sourcing Specialist 1 - Commodity Management position at GE?
Job Description Summary
The Lead Factory Commodity Site Leader will be responsible for all sourcing activities required to enable the Schenectady, NY and Bangor, ME factories to purchase material at the lowest cost and in the most efficient manner to support operations and achieve internal customer satisfaction. This includes managing and negotiating contracts for suppliers not covered by a global contract and assisting factory personnel in properly executing global contracts.Job Description
Roles and Responsibilities
As the Lead Factory Commodity Site Leader you will:
• Lead the assigned non-global commodities for the Schenectady/Bangor facilities to achieve variable cost productivity, cycle reduction and cash flow.• Lead the supplier selection, qualification, development, and overall supplier management, including managing the entire contract life cycle from Request for Proposal to supplier exit (for the commodities not covered by a global contract)
• Develop product, technical and market expertise necessary to Identify and assess supplier capabilities.
• Support ERP and transactional activities for the factory such as pricing/terms updates.
• Balance strategy development with the tactical execution necessary to execute cost reduction projects through contract negotiation, process changes, and implementation of sustainable cost controls, including collaboration with Finance to validate the impact of cost reduction projects and contract negotiations to the general ledger
• Collaborate with sourcing and engineering teams to identify and implement direct material productivity ideas to minimize total cost
• Work closely with engineering, commercial team, procurement team and supplier quality engineers to ensure fulfillment and quality requirements are achieved.
• Manage Delivery and Quality performance from suppliers and implement/track respective improvement plans
• Collaborate with factory Materials team to improve procurement processes and optimize sourcing/supply chain resources to enhance overall performance
• Align with logistics and commercial teams to ensure adequate regional capacities exist to minimize transportation costs and meet localization requirements
• Lead NPI costing: from design through first unit delivery, leading RFQ, negotiations and supplier award (for commodities not covered by global contract)
• Ensure global contracts are executed properly and market shares are followed
• Lead supplier negotiations regarding claims/recovery
Required Qualifications
- Bachelor's degree from an accredited university or college (or a high school diploma / GED with at least 6 years of experience in Sourcing or Supply Chain Management.
- Minimum of 2 years of supply chain experience in Sourcing, Sales, Commercial Operations, and/or Supply Chain.
Desired Characteristics
- Bachelor’s Degree in Engineering
- Master’s Degree in Business Administration (MBA)
- Prior sourcing experience in contract negotiation negotiating, identifying opportunities, selecting suppliers and implementing contracts
- Prior experience in developing a multi-year commodity sourcing strategy
- Prior experience in leading negotiations
- Strong quantitative and data analysis skills
- Strong oral and written communication skills
- Strong interpersonal skills
- Strong project management and process improvement skills
- Demonstrated ability to lead a cross-functional team across multiple disciplines to achieve complex objectives.
- Process leadership experience such as CAP, Work-Out, process improvement, or quality CPM or APICS certification
- Six Sigma training or equivalent quality training
The base pay range for this position is $87,300.00 - $116,400.00. The specific pay offered may be influenced by a variety of factors, including the candidate’s geographic location, experience, education, and skill set. This position is also eligible for 10% variable incentive compensation.
This posting is expected to close on 12/30/2023.
*The Company pays a geographic differential of 110%, 120% or 130% of salary in certain areas.
Healthcare benefits include medical, dental, vision, and prescription drug coverage; access to a Health Coach, a 24/7 nurse-based resource; and access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services. Retirement benefits include the GE Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants. Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness.
General Electric Company, Ropcor, Inc., their successors, and in some cases their affiliates, each sponsor certain employee benefit plans or programs (i.e., is a “Sponsor”). Each Sponsor reserves the right to terminate, amend, suspend, replace, or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a Sponsor’s welfare benefit plan or program. This document does not create a contract of employment with any individual.
Additional Information
GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).
Relocation Assistance Provided: No