CNH Industrial Strategic Sourcing Specialist - Multiple Commodities in Burr Ridge, Illinois
Through its people and brands, CNH Industrial delivers power, technology and innovation to farmers, builders and drivers all around the world. Each of its brands, including Case IH, New Holland Agriculture, Case and New Holland Construction, FPT Industrial, Capital, and Aftermarket Solutions, is a major international force in its specific sector.
The Strategic Sourcing Specialist manages the purchase of high complexity production parts for CNH Industrial’s North American manufacturing plants. This position will be responsible for setting strategic direction for the assigned commodity (Electrical, Mechanical, Metallic or Chemical), managing negotiations, and helping achieve the budget, sourcing, closing campaigns, and meeting rationalization targets. The Specialist will forecast and report economic savings performance, negotiate price reductions or increases, drive long term agreements, market test, award new business to maximize leverage, and analyze various reports to identify and cost reduction opportunities. Additionally, the specialist will support special projects as necessary to assist in delivering commodity goals. This role is approximately 70% Strategic / 30% Operational (Focus: Commodity Strategy, Benchmarking, Sourcing Council preparations, mid to upper management presentations, resourcing as needed, Technical Cost reductions, Warranty agreements, managing supplier financial distress, coordination with global teams, supplier capacity management.)
Lead supplier evaluation, selection, and sourcing for assigned commodities for all North American operations and/or leading/supporting global sourcing projects by working closely with the global commodity team (EMEA, LATAM, APAC).
Programs: Support function for new product launch initiatives while developing and implementing cost reduction and sourcing strategies through leveraging parts for new platforms to meet program timing, cost, quality, delivery, and strategic objectives.
Develops/implements supply base management strategies both regionally and globally that lead to lowest total cost in terms of quality, lead time, delivery, service and unit cost. Drives the selection of suppliers, negotiates and maintains performance to expectations.
Negotiates, implement and manage LTA's (long term agreements) while achieving commercial savings and raw material recovery in order to meet or exceed material cost and total cost reduction objectives and while supporting organizational initiatives. Facilitates supplier/engineering VA/VE activities in order to drive product cost savings and process improvement initiatives to achieve budget performance.
Provide leadership in and develop an understanding of and insight into the market for the commodities assigned; including industry trends, cost drivers, global pricing, lead-times, technology and manufacturing capability of company suppliers and suppliers in the market that best meet expectations and objectives. Track, monitor, and execute hedges at optimal raw material market conditions to minimize risk.
The Qualified candidate will have:
A Bachelor's Degree in Business, Supply Chain or related field along with a minimum of 6 years of purchasing experience.
Ability to travel up to 20% - domestic and international (majority of travel will be domestic)
The preferred candidate will have experience with the following:
Intermediate level of proficiency in Excel (to include pivot tables and v-look ups)
Excellent verbal and written communication skills, negotiation skills, analytical and problem solving skills, and computer skills
Excellent ability to work as a team within purchasing, other functions, and with locations worldwide
Demonstrated strong analytical and problem solving skills
Knowledge/experience of raw material analysis and tracking systems
Experience in analyzing, selecting/recommending, approving and auditing suppliers for different product platforms within a multi-plant manufacturing environment, based upon supplier capability relative to designing, supporting, quality and manufacturing
Strong negotiation background with knowledge of corporate purchasing practices and strategies that bring about closure of long-term agreements reflecting positive results that contribute to organizational/departmental goals
Experience developing and implementing commodity strategies
Proven experience in mitigating supplier delivery, cost, and relationship issues with positive outcome for the company
Ability to facilitate and lead technical and commercial meetings that require multiple cross functional participants
Internal commodity purchasing experience preferred
CNH Industrial is an equal opportunity employer. This company considers candidates regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. Applicants can learn more about their rights by viewing the federal "EEO is the Law" poster and its supplement here.
CNH Industrial participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. You can view additional information here.
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Requisition ID: 2021-16230
External Company URL: www.CNHindustrial.com