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Sourcing Managers #IN1271

Cummins
Posted 3 days ago, valid for 23 days
Location

Columbus, IN, US

Salary

$133,578 - $154,800 per year

Contract type

Full Time

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Sonic Summary

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  • The job involves managing sourcing and purchasing strategies to reduce costs and optimize business processes.
  • Candidates should have extensive experience in managing execution across regions and teams, with a focus on complex projects.
  • The role requires a minimum of 5 years of experience in supply chain management and procurement, with a strong understanding of Total Cost of Ownership (TCO).
  • Salary for this position is competitive and commensurate with experience, reflecting the level of responsibility and expertise required.
  • The position emphasizes the importance of supplier relationship management and compliance with Procurement Ethics.

Manage sourcing and purchasing strategies aimed at reducing cost, minimizing risk, and optimizing business processes. Manage regional, commodity and new product purchasing teams, and promote alignment of purchasing strategy with business unit and supply chain goals. Implement policies and metrics to ensure the best combination of cost, quality and delivery. Establish category strategy using Total Value Performance (TVP) approach to define the Supply Base, Tooling and Technology Strategy to meet all current and future needs. Identify, plan, and implement continuous improvement opportunities within the supply chain, and validate sourcing and contract activities of sourcing teams. Critically identify an issue’s scope and parameters while analyzing it from multiple perspectives, and determine the root cause as well as broad implications of issues by applying a variety of analytical tools and processes, including Six Sigma. Utilize extensive experience with managing execution to coordinate performance across regions, teams, and departments on complex projects and work flows, and effectively delegate to ensure completion of complex product projects. Utilize knowledge of Supply Base Risk Management to manage and leverage supplier selection and dual sourcing opportunities as a first line of defense against supplier risk. Develop the strategy for and lead negotiations with suppliers to consistently deliver contracts that are easily managed by functional owners, and be responsible for Total Cost of Ownership (TCO). Ensure that capacity planning is accurate and negotiate capacity requirements in supplier contracts to deliver the lowest TCO through extensive understanding of the interrelationship between capacity management and product quality. Assimilate available data performance metrics and create a TCO pricing model, analyze supplier financial risk, define the business, technical, and qualitative requirements, and accommodate differences in competencies and expectations so that supplier responses may be evaluated objectively. Develop piece-part cost models utilizing extensive knowledge in product cost management and the manufacturing process involved in producing parts, including castings, fabrications, machining process, and injection molding. Determine and help businesses manage demand and supplier capacity. Avoid supplier engagement that may compromise supplier sourcing, selection and management processes and seek counsel to ensure compliance applying Procurement Ethics. Manage the relationship of suppliers using agreed Supplier Relationship Management (SRM) process with established work plan, senior sponsor meetings and scorecards, and define a collaborative relationship with key/strategic suppliers to deliver value to the organization and the supplier.


Cummins is an equal opportunity employer. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, sex, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity, or other status protected by law.



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