Sourcing Specialist - Buying/Procurement

Job Description Summary

The Sourcing and Procurement specialist is responsible for appraising and improving our purchasing activities by analyzing spend and supplier base, drive days to pay, price negotiations, purchase order placement, on-time delivery improvement. The professionals will manage supplier relationships and ensure compliance to all GE Power Conversion policies and procedures, while achieving the best overall value. The position requires understanding of concepts, methods, and procedures to enable sourcing and procurement execution.

The team works a hybrid schedule with both remote and office workdays. 3 times in the office per week.
10% travel national and international will be required - as/when needed

The Sourcing Specialist will lead new supplier's qualifications and will1 contribute to sourcing savings, on-time-delivery, payment terms and finance cashflow goals.

Job Description

Essential Responsibilities

• Drive procurement activities on assigned projects to deliver a competitive advantage within the North American market and apply advanced sourcing and procurement best practices towards operational excellence.
• Conduct RFQ's, negotiate pricing and contractual terms.
• Issue purchase orders and actively support the full procure to-pay cycle.
• Follow-up PO acknowledgement, delivery status and solve delivery problems and schedule changes. Keep ERP system updated to reflect any change.
• Facilitate the resolution of logistics and customs issues related to purchase orders.
• 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 liquidated damage claims related to suppliers' delays.
• Develop reports, analyze spending and apply sourcing and procurement 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.
• Develop a strong relationship with Engineering, Operations, Finance, Project Management, Quality, and other internal and external stakeholders.
• Lead and maintain meetings, reviews and communicate about project status.
• 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.

• Bachelor's degree from an accredited university or college in business related areas.
• Minimum of 2 years' experience in commercial sourcing, procurement, supplier management and contract negotiation or 1 year experience plus MBA / master's degree in relevant field
• 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 execute sourcing and procurement tasks across multiple projects simultaneously.
• Ability to assess supplier technical capability, supplier capacity, and develop new suppliers.

• Data analysis skills
• Passionate about supply chain / sourcing / procurement career.
• 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.
• Strong business and financial acumen.
• Understanding of financials and P&L impact of sourcing decisions.
• Motivated, self-directed, and detail oriented.
• Adept in managing ambiguity and swift to pivot where necessary.