Strategic Sourcing Manager

GE Vernova • Findlay Township, PA

8d • $94,600 - $157,700

About The Position

The Strategic Sourcing Manager is responsible to appraise and improve our sourcing and procurement activities by analyzing spend and supplier base, drive negotiations and purchasing needs. Must be able to define and report strategies for commodities ranging from mechanical and electrical components to complete turn-key systems and services. The Lead Sourcing Specialist will lead new supplier’s qualification and will contribute to sourcing savings goals and finance cashflow targets. This role will work closely with each of the sites in the NAM region and multiple support functions to ensure business objectives and operational excellence are achieved.

Requirements

• Bachelor’s degree from an accredited university or college in business related areas.
• Minimum of 7 years’ experience in commercial sourcing, procurement, supplier management and contract negotiation.

Nice To Haves

• Solid M/S office skills including excel formulas, v-look up and pivot table knowledge.
• Strong verbal and written communication skills as well as presentation and report preparation skills.
• Excellent negotiation and analytical skills with the ability to build strong relationships with suppliers and stakeholders.
• Ability to develop/execute strategic sourcing initiatives across multiple projects simultaneously.
• Strong understanding of financials and P&L impact of sourcing decisions.
• Ability to assess supplier technical capability, supplier capacity, and develop new suppliers.
• Knowledge of SAP
• Ability to work with minimum supervision in the cross-cultural environment across different geographical areas.
• Strong interpersonal and leadership skills with the ability to develop key internal and external relationships and influence at all levels.
• Master knowledge of industry standards / best-in-class contract terms and conditions (T&C), especially around IP and risk management.
• Strong business and financial acumen.
• Motivated, self-directed, and detail oriented.
• Adept in managing ambiguity and swift to pivot where necessary.

Responsibilities

• Drive sourcing and procurement activities on assigned commodities to deliver a competitive advantage within the North American market and apply advanced sourcing best practices towards operational excellence.
• Drive RFQ’s, negotiate pricing and contractual terms and implement framework agreements with key suppliers, using contract templates in collaboration with Corporate Counsel.
• Issue purchase orders for major components and actively support the full procure-to-pay cycle
• Responsible for managing annual external supplier spend for NA region on selected commodities including, but not limited to, transformers, switchboards, UPS, E-houses, Motors, Generators, services, and others.
• Improve key performance metrics for NA region such as on-time delivery, savings against budget, year-over-year deflation, payment terms, cost of failure and product cost-out during sales phase (ITO).
• Work proactively with ITO team in order to recommend the right suppliers with the most optimal commercial conditions, meet the proposal’s OTD to the customer and manage cost-out negotiations as per customers’ target.
• Coordinate supplier selection, development, and supplier categorization to ensure sourcing optimization, overall supplier performance and build long-term strategic relationships with key vendors in each category.
• Develop reports, analyze spend and apply sourcing methodologies to identify opportunities for cost-reduction and cash flows improvements.
• Resolve contractual and supplier disputes where they occur, protecting the interests of the business and engaging legal Business Partners where required.
• Effectively collaborate with regional stakeholders and global sourcing members to interpret requirements, define, develop, and implement sourcing and procurement strategies to further enhance business performance and outcomes.

Benefits

• medical
• dental
• vision
• prescription drug coverage
• access to Health Coach from GE Vernova, a 24/7 nurse-based resource
• access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services
• GE Vernova Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions
• access to Fidelity resources and financial planning consultants
• tuition assistance
• adoption assistance
• paid parental leave
• disability benefits
• life insurance
• 12 paid holidays
• permissive time off

What This Job Offers

• Job Type: Full-time
• Career Level: Senior