Commodity Procurement Specialist
2 weeks ago
Job Summary
We are seeking a highly skilled Commodity Procurement Specialist to join our team at Garrett - Advancing Motion. As a key member of our procurement team, you will be responsible for driving competitive commodity and category supply strategies to achieve lowest Total Cost, reduced Working capital via Negotiation planning and execution, High Growth Region Sourcing, Value Engineering and Sole/ Single Source elimination.
Key Responsibilities
- Manage Category and Commodity Strategies including spend analysis, Benchmarking, Cost, Market Analysis and Global Technology / Economic trends
- Ensure Relationship development and management with key Supplier Leaderships
- Align with Sales, Marketing, Technology, Business, Operations, Finance and Quality and Other Garrett Advancing Motion Businesses
- Manage Supplier selection, RFQ and RFI process, Negotiation, Contracting and supplier performance processes
- Apply effective Sourcing supplier risk assessment methodologies to ensure supplier continuity
- Improve Working Capital through Payment Terms extensions, Payment cycle optimization, Vendor Managed Inventories Inventory and Lead time reductions
Requirements
- Bachelors Degree
- Significant experience in procurement
- Working and/or Leading in Matrix and complex Team Environments
- Project Management and/or Contract Management Experience
- Professional Certifications in Project/Supply Chain/ Procurement/Contract Management
- Team Leader experience in Supply Management/Sourcing/Procurement/Business
- Demonstrated Business and financial acumen
- Experience with SAP, E Sourcing Platforms, Request for Quotation Tools, Project Management Tools
- Experience with Six Sigma and Lean Tools
- Masters Degree
- Experience managing multiple projects in a dynamic global environment
What We Offer
At Garrett - Advancing Motion, we offer a dynamic and challenging work environment that allows our employees to grow and develop their skills. We are committed to providing our employees with the tools and resources they need to succeed in their roles.
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