What are the responsibilities and job description for the Lead Sourcing Specialist - Commodity Management position at GE?
Job Description Summary
• The Lead Sourcing Specialist is responsible to appraise and improve our sourcing and procurement activities by analyzing spend and supplier base, drive negotiations and coordinate purchasing needs. Must be able to define and report strategies for commodities ranging from mechanical and electrical components to complete turn-key systems and services. The Lead Sourcing Specialist will lead new supplier’s qualification and will contribute to sourcing savings goals and finance cashflow targets. This role will work closely with each of the sites in the NAM region and multiple support functions to ensure business objectives and operational excellence are achieved.- Flexibility to travel nationally and internationally as needed.
- Work minimum 3x per week at our office in Imperial, PA (Hybrid)
Job Description
Essential Responsibilities
- Drive sourcing and procurement activities on assigned commodities to deliver a competitive advantage within the North American market and apply advanced sourcing best practices towards operational excellence.
- Drive RFQ’s, negotiate pricing and contractual terms and implement framework agreements with key suppliers, using contract templates in collaboration with Corporate Counsel.
- Issue purchase orders for major components and actively support the full procure to-pay cycle
- Responsible to develop de strategy and manage $21M of the total annual external supplier spend for NA region on selected commodities including, but not limited to, transformers, switchboards, UPS, E-houses, Motors, Generators, services and others.
- Improve key performance metrics for NA region such as on-time delivery, savings against budget, year-over-year deflation, payment terms, cost of failure and product cost-out during sales phase (ITO).
- Work proactively with ITO team in order to recommend the right suppliers with the most optimal commercial conditions, meet the proposal’s OTD to the customer and manage cost-out negotiations as per customers’ target.
- Coordinate supplier selection, development and supplier categorization to ensure sourcing optimization, overall supplier performance and build long-term strategic relationships with key vendors in each category.
- Develop reports, analyze spend and apply sourcing methodologies to identify opportunities for cost-reduction and cash flows improvements.
- Resolve contractual and supplier disputes where they occur, protecting the interests of the business and engaging legal Business Partners where required.
- Effectively collaborate with regional stakeholders and global sourcing members to interpret requirements, define, develop and implement sourcing and procurement strategies to further enhance business performance and outcomes.
Qualifications / Requirements
- Bachelor’s degree from an accredited university or college in business related areas.
- Minimum of 5 years’ experience in commercial sourcing, procurement, supplier management, commodity management and contract negotiation.
Desired Characteristics
- Flexibility to travel nationally and internationally - as needed
- Work minimum 3x per week at our office in Imperial, PA
- Solid M/S office skills including excel formulas, v-look up and pivot table knowledge.
- Strong verbal and written communication skills as well as presentation and report preparation skills.
- Excellent negotiation and analytical skills with the ability to build strong relationships with suppliers and stakeholders.
- Ability to develop/execute strategic sourcing initiatives across multiple projects simultaneously.
- Strong understanding of financials and P&L impact of sourcing decisions.
- Ability to assess supplier technical capability, supplier capacity, and develop new suppliers.
- Knowledge of SAP
- Ability to work with minimum supervision in the cross-cultural environment across different geographical areas.
- Strong interpersonal and leadership skills with the ability to develop key internal and external relationships and influence at all levels.
- Master knowledge of industry standards / best-in-class contract terms and conditions (T&C), especially around IP and risk management.
- Strong business and financial acumen.
- Motivated, self-directed, and detail oriented.
- Adept in managing ambiguity and swift to pivot where necessary.
This role is restricted to U.S. persons (i.e., U.S. citizens, permanent residents, and other protected individuals under the Immigration and Naturalization Act, 8 U.S.C. 1324b(a)(3)) due to access to export-controlled technology. GE will require proof of status prior to employment.
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: Yes
Salary : $21 - $0
