Sr Strategic Sourcing Analyst

Essential Duties and Responsibilities

• Strategy
  • Responsible for the development and execution of the Regional Category Strategy for commodities not supported by a Global Category Manager (competitive landscape, market overview, etc.)
  • Supports Global Category Strategy with regional market information and leads tactical execution of the Global Category Strategy where applicable
  • Risk analysis related to supplier and overall strategy (e.g. financial, geo-political, capacity, etc.), communicates as part of supplier selection process and as it relates to supply continuity in current production
  • Analysis of purchase volumes within category to drive supplier consolidation, cost reduction, product portfolio/supplier capability efficiency
  • Understand current and future technologies and productions methods within assigned commodity, drive communication internally/externally
  • Supplier evaluation, onboarding, offboarding
  • Leads negotiating, implementing and tactical execution of all commercial contracts (Master Supplier Agreement (MSA), Non-Disclosure Agreements (NDA), Quality Agreements, Scope of Work (SOW), etc.)
• Quoting
  • Manage quoting and negotiations for Piece Price and Tooling Cost, Price changes, Savings Projects, Engineering changes
  • Globally benchmark regional Current products for landed cost optimization, strategy development, market research
  • Globally quote all New Product Development (NPD) parts and tooling to support supplier selection to support project timing
  • Level setting quote information to engineering requirements in order to drive sourcing direction to optimal supply solution (Cost, Quality, Timing)
  • In depth understanding of Detailed Cost Breakdowns and Should Cost calculations, uses this information to drive cost reductions with suppliers
  • Use of Landed Total Cost of Ownership Models for Series production material to drive supplier selection, cost reductions
• Supplier Selection
  • Leads supplier selection process for both Global and Regional strategies on both current product and New Product Development components
  • Ensure adequate capacity at the selected supplier and be point of escalation for capacity issues during series production
  • Considers inventory level and collaborate with Planning/Scheduling for appropriate commercial solutions including but not limited to Inco Terms, MOQs, Lead Time levers etc
  • Preparation of quote comparison/summary, outline options, gain cross-functional alignment on proposed path, and facilitate presentation of proposed direction to the SNC (Supplier Nomination Committee)
• Current Product
  • Manage Engineering Change Notices (ECNs) communication to and implementation with supplier
  • Manage cost reduction projects with suppliers, engineering, and quality
  • Manage all price updates
  • Support End of Life product phase out (last time buy discussions, commercial liability, etc)
  • Invoice resolution
• New Product Development (NPD)
  • Manage quoting and negotiations for Piece Price and Tooling Cost, Price changes, Savings Projects, Engineering changes
  • Supplier Timeline management of critical components
  • Issue/manage PO's for pre-production parts and tooling to support New Product Development projects
  • Support PPAP activities with suppliers and Supplier Quality Engineers
  • Communicate status, risk, timing to cross-functional project team
• Leadership Functions
  • Mentor, coach, and train new Sourcing team members
  • Continuous Improvement, process standardization of sourcing processes - Lead projects to drive efficiency/standardization/reporting within the sourcing team
  • Lead cross-functional team members through influence
  • Interacts cross-functionally with Quality, Engineering, Supply Chain/Planning, Accounting, Project Management, Logistics to support business needs
  • Acts as primary relationship manager between Wacker Neuson and suppliers within assigned commodity. Point of escalation for supplier related activities for Planning/Scheduling, Operations, Engineering, Quality, Warranty to drive appropriate supplier engagement and issue resolution

Required Skills

• A Bachelor's Degree in Supply Chain Management or related business program is required
• A minimum of 5 years of experience in a procurement/sourcing role within a manufacturing environment is required, Seven (7) years of experience is preferred
• Experience with ERP system within a manufacturing environment and an understanding of the planning and execution process in the system is required
• Excellent verbal, written and public speaking skills
• Demonstrated results through negotiation
• Strong conflict resolution and problem solving skills
• Proficient computer skills including Word, Excel and PowerPoint
• Ability to travel up to 25%, including globally on short notice

Preferred Qualifications

• APICS certification
• Prior use of SAP
• Understanding/Experience with PPAP