Global Sourcing Manager

Open 30d

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

Cost Management & Negotiation

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

Supplier Management & Development

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

Sourcing Execution & Operations

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

Market Intelligence & Technology

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

Team Development

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

See also