Lead Sourcing Specialist
Job Description Summary
We are seeking a dynamic Lead Sourcing Specialist to join the GE Power Systems Korea team, responsible for procurement and supply chain execution for power plant equipment-especially HRSG (Heat Recovery Steam Generator) modules and related components. This role emphasizes localized sourcing, supplier development, and cost optimization for non-globalized commodities. Key performance areas include cost deflation, EAC (Estimate at Completion) tracking, Bowler metrics, BCC (Best Cost Country) sourcing, and cash flow support aligned with GE's annual operational goals. The position involves daily collaboration with global sourcing teams, and requires independent ownership of short-term deliverables while staying aligned with GE Vernova's global sourcing framework.
Job Description
Key Responsibilities
Execute sourcing strategies tailored to commodity categories specific to HRSG module fabrication, including but not limited to pressure parts (e.g., headers, tubes, harps), casing and structural steel (e.g., module frames, platforms, supports), piping materials (carbon and alloy steel), consumables, packaging materials, and transport structures such as shipping frames and skids.
Promote supplier panel development and cost-saving initiatives to achieve deflation targets and improve sourcing KPIs.
Collaborate cross-functionally with engineering, manufacturing, supplier quality, and project teams to address daily sourcing challenges and deliver value through continuous improvement.
Support new product development (NPI) and engineering projects by identifying and qualifying alternative suppliers and fostering supply chain flexibility.
Coordinate closely with global and regional sourcing leaders to ensure timely material availability, quality compliance, and productivity gains across the supply base.
Lead supplier negotiations with a focus on strategic alignment, total cost management, and risk mitigation.
Conduct supplier assessments in line with GE's sourcing and compliance standards, ensuring sustainability and operational reliability.
Review and evaluate commercial proposals to select optimal vendors based on cost, quality, capacity, and delivery performance.
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Develop and lead cost-out strategies in collaboration with internal stakeholders, influencing contracts and enabling long-term savings.
Manage procurement-related risks proactively, take ownership of issue resolution, and drive escalation handling where necessary.
Monitor supplier performance using key metrics and lead supplier improvement initiatives to elevate overall sourcing efficiency.
Communicate key sourcing initiatives and performance updates to senior stakeholders, supporting both tactical execution and strategic planning.
Desired Qualifications
Bachelor's degree from an accredited university or college, Minimum of 5 years' experience in Sourcing, Operations, Supply Chain and/or Commercial
Experienced commodity manager, advanced experience and demonstrated years in Sourcing & Commodity management.
English spoken.
Desired Characteristics
Bachelor's degree in Sourcing / Supply Chain Management preferred.
Previous Sourcing experience essential.
Knowledge of purchasing practices, principles, and procedures.
Ability to analyze and present statistical data.
Knowledge of MS Office applications, including some knowledge of intermediate level Excel functionality.
Excellent communication skills.
Good organizational and time management skills.
Must be able to balance multiple tasks in a challenging, fast paced work environment.
Exceptional analytical skills.
Demonstrated team player with a strong initiative to win.
Highly motivated self-starter.
Demonstrated professional oral / written communication and negation skills.
Significant project management skills.
Working knowledge of SAP ERP system.
Negotiation skills.
Experience with RFQ implementation and execution.
Ability to travel worldwide.
Additional Information
Relocation Assistance Provided: No
Perks and Benefits
Health and Wellness
- Health Insurance
- Health Reimbursement Account
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- FSA
- FSA With Employer Contribution
- HSA
- HSA With Employer Contribution
- Fitness Subsidies
- On-Site Gym
- Mental Health Benefits
Parental Benefits
- Adoption Assistance Program
- Family Support Resources
- Birth Parent or Maternity Leave
- Adoption Leave
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
- Commuter Benefits Program
- Casual Dress
- On-Site Cafeteria
- Holiday Events
Vacation and Time Off
- Unlimited Paid Time Off
- Paid Holidays
- Personal/Sick Days
- Summer Fridays
Financial and Retirement
- 401(K)
- Stock Purchase Program
- Performance Bonus
- Relocation Assistance
- Financial Counseling
- Profit Sharing
Professional Development
- Tuition Reimbursement
- Access to Online Courses
- Lunch and Learns
- Leadership Training Program
- Internship Program
- Associate or Rotational Training Program
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)
- Unconscious Bias Training
Company Videos
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