Procurement Cost Out Specialist - Food Preparation

Electrolux Group•Springfield, MO

About The Position

Join us to drive change. Make a difference in homes around the world At the Electrolux Group, a leading global appliance company, we strive every day to shape living for the better for our consumers, our people, and our planet. We share ideas and collaborate so that together, we can develop solutions that deliver enjoyable and sustainable living. Come join us as you are. We believe diverse perspectives make us stronger and more innovative. In our global community of people from 100+ countries, we listen to each other, actively contribute, and grow together. Join us in our exciting quest to build the future home. All about the role: Electrolux Group, Group Procurement is a fundamental contributor for the achievement of the company objectives. In our competitive world we build on long-term relationships with our suppliers, respecting our values. Our mission is to support the company in delivering on-time with excellent quality at the right cost, so that as a company we can live up to the expectations of our customers. Sustainability and continuous improvement are the elements that are underpinning our relationship. With the Value-based-sourcing (VBS) initiatives we drive, through the involvement of key suppliers in the development stage, globally harmonized technical and commercial solutions. What you’ll do: The Procurement Cost-Out – Food Preparation team is organized by major Product Architecture. This position reports to the Director of Procurement Cost-Out – Food Preparation. You will drive full cost optimization for Procurement (incl. Capex) together with all Procurement colleagues related to your specific Architecture. It is a truly cross-functional role, where you steer the cost out program together with colleagues in other Procurement teams, R&D, Product Costing, and Product Line teams. The overall ambition is to optimize the product cost leveraging all available procurement tools. In detail, you will: Develop deep product cost analysis and identify activities and related priorities, and represent Procurement on the cross functional team and own all related project deliverables Follow insights on Product Cost development, areas of improvement in our Architectures and defining actions that needs to be conducted to reduce cost, including but not limited to product tear-downs, should-cost modelling, and identification of new Must-Win Models Attend project review meetings and communicate relevant information within Procurement, ensuring all deliverables are achieved on time Track the project progress, sourcing status, and other relevant information through a data-driven sourcing tool. Specifically, track implementation of cost-out actions after Sourcing Board decision, ensuring timely execution and countermeasures should delays occur Involve internal stakeholders at early stage, aiming to create value through effective cost optimization projects Identify needs for Participate in Make vs Buy or Make vs Source analysis to optimize product and operation costs, and project manage the activities until the decision point Work with the Category Management team to understand and deploy category strategy Support and coordinate RFQ’s, in cooperation with Category Management team Support preparations for Sourcing Board, in cooperation with Category Management team Support and coordinate supplier tooling quoting and ordering, in cooperation with Category Management team

Requirements

You have the ability to execute strategic initiatives that drive performance and have experience leading complex projects
You have excellent written and verbal communication skills with the ability to work with diverse individuals in cross-functional teams in a dynamic environment
You have an expectant, positive, proactive attitude and ‘can do’ spirit to drive change and can demonstrate a history of driving for higher business performance in a fast-paced environment
You are capable of setting priorities, meeting deadlines with strong initiative and decision making, problem solving and analytical skills, with attention to details and accuracy
Willing to travel up to 25% of the time
You are fluent in English.
Bachelor’s degree, preferably in engineering and/or have specialties in project management, product costing, lean manufacturing or other relevant area
5 years of experience in relevant Procurement or project management roles

Nice To Haves

It is beneficial if you have worked with Cost Modeling, Data Mining and possess advanced Excel skills with the ability to generate effective reports that manage large data sets.
Also, if you have understanding of lean manufacturing approaches and practical experience in driving lean manufacturing improvements

Responsibilities

Develop deep product cost analysis and identify activities and related priorities, and represent Procurement on the cross functional team and own all related project deliverables
Follow insights on Product Cost development, areas of improvement in our Architectures and defining actions that needs to be conducted to reduce cost, including but not limited to product tear-downs, should-cost modelling, and identification of new Must-Win Models
Attend project review meetings and communicate relevant information within Procurement, ensuring all deliverables are achieved on time
Track the project progress, sourcing status, and other relevant information through a data-driven sourcing tool. Specifically, track implementation of cost-out actions after Sourcing Board decision, ensuring timely execution and countermeasures should delays occur
Involve internal stakeholders at early stage, aiming to create value through effective cost optimization projects
Identify needs for Participate in Make vs Buy or Make vs Source analysis to optimize product and operation costs, and project manage the activities until the decision point
Work with the Category Management team to understand and deploy category strategy
Support and coordinate RFQ’s, in cooperation with Category Management team
Support preparations for Sourcing Board, in cooperation with Category Management team
Support and coordinate supplier tooling quoting and ordering, in cooperation with Category Management team