Lead Sourcing Specialist - Raw Material And Fabrication

Department Icon Product Management
Posted: 7 months ago
6-9 years
Pune, Maharashtra
Product Management
work from office
Full Time

Posted: 7 months ago
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Job Description

Role Summary/Purpose:

The Sourcing Manager - Raw Material and Fabrication will be responsible to drive commodity strategies for India Raw material and Fabrication commodity with a clear focus on margin improvement, payment term changes, supplier relationship management, dual source development, low-cost country spend migration, cross functional project management, supplier delivery performance management and Increase in Exports from India primarily for Transit business. This role will be responsible for strategic sourcing of parts for exports to EMEA/US region across Transit/Freight business units.

Essential Responsibilities

  • Drive margin improvement by driving deflation projects across business units by using various levers like localization, YOY Productivity Sign Off, SCRI, Should Cost, Blend Management, negotiations, Logistics cost optimization and contract management.
  • Budget adherence by analyzing multiple avenues of cost reduction, risk mitigation, spend rationalization, and prepare catch up plans as required.
  • Liaison with global EMEA/US teams to facilitate RFQ execution.
  • Receive, manage and execute multiple RFQs through systematic approach.
  • Execute projects for global locations through cross functional engagement.
  • Drive cash flow improvement projects across business units by improving the payment terms with the supply base.
  • YOY improvement in exports spend from India based suppliers to Wabtec Worldwide Sites by identifying deflation opportunities.
  • Negotiate and Sign off Long Term Agreements with preferred suppliers, which defines price corrections framework for commodity and currency movements and framework for COPQ, Warranty, PTA settlements.
  • Responsible for preparing Annual Budget / IOP / STRAP for the category team.
  • Work across business units to identify synergy savings.
  • Manage strategic relationship management at senior level management by conducting structured supplier relationship management reviews.
  • Improve material availability and quality by conducting QBR reviews, recovering costs incurred associated with defects, conducting root cause analysis and implementing corrective actions related to delivery delays, eliminating premium transportation, and ensuring all purchase orders are promised in a timely manner.
  • Create short and long-term commodity strategies and influence cross functional team members.
  • Work on risk mitigating strategies by doing supplier evaluation, risk mitigation analysis, develop and execute plans.
  • Work closely with shop operations and commercial / product management teams to prioritize cost out efforts where needed on specific products and programs.
  • Drive strategic projects to leverage India supply base for exports to EMEA region.

Qualifications/Requirements

  • Bachelor Of Engineering (Mechanical / Production). Full Time MBA in Operations / Supply Chain would be preferred.
  • 6 to 9 year of experience in Strategic Sourcing of Sheet Metal fabrication.
  • Willingness and ability to travel up to 25% of the time

Desired Skill Sets

  • Ability to conduct management level relationship with suppliers.
  • Ability to negotiate long term contracts with suppliers
  • Strong project Management and Project Execution Skills.
  • IT skills with ability to manage complex data.
  • Effective problem-solving skills
  • Ability to execute projects with high sensitivity by maintaining timeline and deliverables.
  • Strategic Sourcing, Supply Chain, Product Management, or Engineering background
  • Demonstrated background of building collaborative relationships
  • Strong Communicator with excellent presentation skills
  • Ability to work with cross functional teams such as engineering, NPI sourcing, quality, services, materials etc. to achieve timely project execution
  • Ability to work with Global Supply Base
  • Ability to manage global stakeholders.
  • Welding knowledge.

Additional Information

What could you accomplish in a place that puts People First

At Wabtec, its not just about a job - its about the impact you make. When our people come together, were Expanding the Possible by continuously improving what we do and how we do it - for our clients and each other.

If youre ready to revolutionize how the world moves for future generations, Wabtec is the place for you.

Who are we

Wabtec is a leading global provider of equipment, systems, digital solutions, and value-added services for the freight and transit rail sectors. Drawing on more than 150 years of experience, we are leading the way in safety, efficiency, reliability, innovation, and productivity. Whether its freight, transit, ports, logistics, mining, industrial, or marine, our expertise, technologies, and people together are accelerating the future of transportation. With roots that date back to George Westinghouse, Thomas Edison, and Louis Faiveley, Wabtec has always built technologies and implemented solutions for a variety of sectors that are critical to meeting the needs of customers and governments alike.

Our global team of about 30,000 employees worldwide delivers performance that moves the world forward. Were lifelong learners, obsessed with better. Learn more at www.WabtecCorp.com.

Culture powers us and the possibilities.

We believe the best ideas come from a mix of experiences and backgrounds. At Wabtec, we strive every day to create a place where everyone belongs. Were building a culture where leadership, inclusion and your unique perspective fuel progress.

Were proud to be an Equal Opportunity Employer. We welcome talent of all backgrounds, experiences, and identities, including race, gender, age, disability, veteran status and more.

Need accommodation Just let us know - weve got you.

Skills

Product ManagementEfficiencyEngagementProject ExecutionProject ManagementRoot Cause Analysis

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