Strategic Sourcing Specialist

CNH Industrial•Oak Brook, IL

34d•$92,789 - $121,250•Hybrid

About The Position

Innovation. Sustainability. Productivity. This is how we are Breaking New Ground in our mission to sustainably advance the noble work of farmers and builders everywhere. With a growing global population and increased demands on resources, our products are instrumental to feeding and sheltering the world. From developing products that run on alternative power to productivity-enhancing precision tech, we are delivering solutions that benefit people - and they are possible thanks to people like you. If the opportunity to build your skills as part of a collaborative, global team excites you, you're in the right place. Grow a Career. Build a Future! Be part of this company at the forefront of agriculture and construction, that passionately innovates to drive customer efficiency and success. And we know innovation can't happen without collaboration. So, everything we do at CNH Industrial is about reaching new heights as one team, always delivering for the good of our customers.

Requirements

Requires a Bachelor's degree in supply chain, business administration, logistics or a directly related field plus six years of experience as a Sourcing Specialist, Purchasing Specialist, or related occupation.
The six years of experience must include six years of experience with each of the following: 1) Negotiating with suppliers and purchasing parts for an original equipment manufacturer; 2) Analyzing reports to identify cost reduction opportunities; 3) Conducting market tests and forecasting economic savings performance; 4) Coordinating with global teams and supplier capacity management; 5) Negotiating price reductions and increases; 6) Negotiating, implementing, and managing long term supply agreements); 7) Facilitating supplier and engineering VA/VE (Value Analysis and Value Engineering) activities; and 8) Tracking, monitoring, and executing supply chain projects; 9.) SAP; 10.) manufacturing industry.

Responsibilities

Collaborate internally and with suppliers for assigned commodities to achieve best cost, quality, and delivery available.
Select, recommend, and manage relationships with suppliers to ensure the organization receives satisfactory standards of service.
Analyze and evaluate external price trends and negotiate to reduce overall purchasing costs.
Collaborate with suppliers to ensure the quality of their products, materials, components and/or operations meets or exceeds our expectations and develop supply recommendations.
Negotiate, implement, and manage supply agreements including representing Parts & Service in manufacturing lead negotiations.
Support global colleagues to define and drive the selection of suppliers ensuring adherence to corporate strategic direction (EMEA, LATAM, APAC, etc.).
Ensure suppliers can meet forecasted demand while maintaining adequate inventory levels and turns.
Support new product launch initiatives to meet program timing, cost, quality, delivery, and strategic objectives including (a) okay to ship (OKTS), (b) critical for launch (CFL), (c) initial stocking (ISL).
Coordinate efforts in the reduction of purchasing/engineering costs and establishing cost for new products.
Participate in design and/or technical reviews.
Support the Marketing team to promote products and negotiate rebates.
Visit suppliers and attend purchasing related events - internal & external.
Monitor and evaluate short paid invoices to prevent credit holds and stop shipments.