
Sourcing Analyst
1 day ago
It's not just about your career or job title… It's about who you are and the impact you will make on the world. Because whether it's for each other or our customers, we put People First. When our people come together, we Expand the Possible and continuously look for ways to improve what we create and how we do it. If you are constantly striving to grow, you're in good company. We are revolutionizing the way the world moves for future generations, and we want someone who is ready to move with us.
Role Summary/Purpose:
The Casting and Machining Commodity analyst will be responsible for the commodity strategy including supplier management and performance. In addition, the Commodity analyst / Specialist will own the budget and frame agreements for the commodity.
Essential Responsibilities:
- Program Management of key sourcing initiatives including Sourcing Rules, Price Feed, Data Mart, Nucleus (benefits tracker) and other sourcing software for cost tracking.
- Commodity & Supplier Management:
- Drive the strategy for the commodity
- Develop technical and regional supplier market intelligence.
- Build, qualify, develop, and manage the regional supplier panel including rationalization.
- Define and deploy supplier risk assessments including sole, single, and dual sourcing plans.
- Drive supplier performance reviews.
- Supplier Relationship Management:
- Manage relationships with regional suppliers.
- Participate in selection process of new suppliers.
- Request for Quotes (Off Cycle & Serial Life):
- Manages RFQ, offer evaluation, negotiation and contracting: frame agreements, off cycle and serial life contacts.
- Optimizes PO payment terms implements supplier payment process automation.
- Project Sourcing:
- Provides supplier vendor list to project buyers.
- Responsible for contracting suppliers that are new for the site.
- Contributes to final negotiations, ensuring leverage of scale affect across other ongoing projects.
- Validates supplier selection from project buyers and participates in the Project Sourcing Committee.
- Operational:
- Drives sourcing competitiveness for existing and standard parts.
- Responsible for re-sourcing in serial life.
- Responsible for contract amendments and re-negotiations.
- Intervenes in major supplier issues once escalated.
- MIS reporting
- New supplier onboarding (HICX)
- Commodity trend analysis
- Managing & alignment of Capex with Site and Finance
Qualifications/Requirements:
- Bachelor's degree (preferably mechanical engineering) from an accredited university or college, 1 to 3 years of experience in Sourcing/Procurement, Program Management, or Supply Chain
- Willingness and ability to travel up to 25% of the time
Desired Characteristics:
- Proven financial, quantitative and data analysis skills
- Familiarity with Sourcing Systems
- Ability to articulate both simple and complex situations in a concise and logical manner
- Ability to prioritize with strong attention to detail
Who are we?
Wabtec Corporation is a leading global provider of equipment, systems, digital solutions, and value-added services for freight and transit rail as well as the mining, marine, and industrial markets. Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation, and Faiveley Transport, the company has grown to become One Wabtec, with unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems.
Wabtec is focused on performance that drives progress and unlocks our customers' potential by delivering innovative and lasting transportation solutions that move and improve the world. We are lifelong learners obsessed with making things better to drive exceptional results. Wabtec has approximately 27K employees in facilities throughout the world. Visit our website to learn more
Our Commitment to Embrace Diversity:
Wabtec is a global company that invests not just in our products, but also our people by embracing diversity and inclusion. We care about our relationships with our employees and take pride in celebrating the variety of experiences, expertise, and backgrounds that bring us together. At Wabtec, we aspire to create a place where we all belong and where diversity is welcomed and appreciated.
To fulfill that commitment, we rely on a culture of leadership, diversity, and inclusion. We aim to employ the world's brightest minds to help us create a limitless source of ideas and opportunities. We have created a space where everyone is given the opportunity to contribute based on their individual experiences and perspectives and recognize that these differences and diverse perspectives make us better.
We believe in hiring talented people of varied backgrounds, experiences, and styles… People like you Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know.
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