Key Responsibilities
Procurement Data Analysis
61 Collect, analyze, interpret procurement sourcing data to identify trends, risks, opportunities fcost optimization.
61 Perform cost modeling product cost analysis to support strategic sourcing decisions design-to-cost initiatives.
61 Develop dashboards reports to track KPIs such as cost savings, supplier performance, lead times, product cost variance.
61 Maintain improve procurement systems tools fdata accuracy efficiency.
61 Provide insights recommendations to leadership based on data-driven analysis, including cost breakdown value engineering opportunities.
61 Support forecasting budgeting processes through accurate procurement product cost analytics.
61 Ensure data governance compliance with company policies standards.
Sourcing & Supplier Management
61 Develop implement sourcing strategies to optimize cost, quality, delivery performance while considering overall product cost impact.
61 Collaborate with engineering teams to evaluate design alternatives material choices that reduce product cost without compromising quality.
61 Identify, qualify, manage suppliers based on technical capability, capacity, compliance, cost competitiveness.
61 Negotiate pricing, terms, long-term agreements to achieve cost savings risk mitigation.
61 Support new product introduction (NPI) projects by sourcing components ensuring supplier readiness aligned with target product cost.
61 Monitsupplier performance lead continuous improvement initiatives fquality, reliability, cost efficiency.
61 Ensure compliance with sustainability, regulatory, ethical sourcing requirements.
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Qualifications
61 Education: Bachelor’s degree in Supply Chain Management, Engineering, Business, related field
61 Experience: 3-5 years in sourcing, procurement, supply chain analytics; experience in manufacturing engineering environments preferred.
61 Skills:
o Strong analytical problem-solving skills.
o Proficiency in procurement systems data analytics tools (Excel, Power BI, SQL).
o Excellent negotiation supplier management skills.
o Knowledge of cost modeling product cost analysis.
o Strong communication cross-functional collaboration abilities.
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