Job Title

Job Location : Chennai AmbatturExecute sourcing strategy in line with supply chain / business strategyExecute sourcing capabilities to drive make vs buy decision-making at component as well as FG level. Execute strategic sourcing partnerships to deliver on cost reduction, spend consolidation, improved DPO, Inventory and improved qualityPartner with suppliers and factory to improve OTD / reduce lead time to market Analyze right market trends, take required actions and influence decision-making in factoryEvaluate best sourcing options and develop alternate sources for at least 50% + items to drive cost and availability improvementWork on sourcing saving projects and work with stake holders to continuously improve high impact savings pipelineSegment and define supply base to support trends and driversTo expand pricing structure knowledge and visibilityPossess knowledge of supply market trends and characteristics (e.g., associations, trade publications and indexes, etc.)Develop and define commodity strategies to achieve corporate, purchasing & BU goals and objectives Should include supply base rationalization, development & spend management/segmentation for geographic considerations, Best Cost Country (BCC), Localization objectives, BU/plant-specific needs, new technologies, marketing/product strategies and cost management goalsFacilitate commodity strategy meetings for a cross-functional/cross-business audienceUtilize commodity expertise and Commodity strategies to create/update Business Plans and Strategic Plan Metrics: incl. Cost reduction, interim negotiations, BCC objectives, supplier performance objectives, advanced technology driversProvide recovery mechanisms for cost drives when necessaryDevelop Supplier Partnerships/Strategic Alliances as necessary to support/enhance commodities strategiesDrive supplier approval processManage/drive commodity review of projects for all relevant commodity activitiesManage ad hoc cross-functional teams (incl. BU and Purchasing functions)Manage/drive supply base consolidation and rationalization to increase negotiation leverage and efficiencyUtilize supply base knowledge to manage risk to supply potentially caused by financial instability or insolvency at individual suppliers or related to supplier’s customer bankruptcy proceedingsSet negotiation strategy and direction for commodity negotiation settings; include appropriate team membersManage cost recovery as necessaryDrive cash flow improvements initiatives (payment terms negotiations, consignment stock agreements, stock level rationalization, shortening LT, etc.)Maintain price tables and/or manage requisitions for pricing related to commodity contracts and negotiationsDetermine contract turnover levels and related criteria for approvalStore contracts according to ESAB/GCE Corporation policyCoordinate with ESAB/GCE legal team to ensure contractual obligations minimize risk to the CompanyPurchasing participant on Advanced Technology projects related to commodities—negotiate upfront with supplier technology partners to mitigate downstream riskUtilize Advanced Technology knowledge to set technological direction for commodity strategies