Wabtec Corporation is a leading global provider of equipment, systems, digital solutions and value-added services for freight and transit rail.
Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation and Faiveley Transport, the company has unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems.
Wabtec is focused on performance that drives progress, creating transportation solutions that move and improve the world.
Wabtec has approximately 27,000 employees in facilities throughout the world. Visit the companys new website at http / / www.
WabtecCorp.com. Its not just about your career or your job titleits about who you are and the impact you are going to make on the world.
Do you want to go into uncharted watersdo things that havent been done to make yours and someone else's life better? Wabtec has been doing that for decades and we will continue to do so! Through our people, leadership development, services, technology and scale, Wabtec delivers better outcomes for global customers by speaking the language of industry.
Summary Manage initiatives that drive down cost, lead-time, and risk of required goods and services. Strategic procurement is highly focused on world class cost management.
Responsible for driving down cost utilizing benchmarks, effective negotiation strategies, should cost tools, metal market trends and supply chain / commodity analysis and sourcing strategies.
Procure materials, components and services and select and develop the supply base to support the requirements of the Company.
Implement and manage the procurement strategies, processes and tools, and system requirements to improve cost, quality and productivity.
Manage suppliers by setting, measuring and driving performance expectations while working with cross-functional teams (internal and external) to drive program deliverables.
Participate in, contribute to and implement the organizations global strategic procurement plan in line with overall business performance goals.
Conduct technical, business and process analysis identifying areas for process improvement and providing advice to senior management.
Essential Duties and Responsibilities include the following, however, other duties may be assigned. Provide strong leadership skills to align the Purchasing and Sourcing team who have demonstrated a bias for action.
Hold Purchasing and Sourcing Team accountable for sourcing strategies and execution of those strategies. Coach and mentor the team to develop each employee through performance reviews.
Execute staff review meetings to discuss lessons learned based on the results from daily activities. Encourage team spirit by way of collaboration and leadership.
Develop and execute aggressive annual savings budget targets for direct and indirect materials, collaborating with the Finance Leader, Operations Leader, Group Sourcing Director and Corporate Commodity Leaders.
Generate annual sourcing project decks and lead sourcing efforts to ensure cost effective sourcing strategies are in place to support budget requirements for direct materials and indirect materials.
Generate timely and accurate monthly reporting for KPI targets, including direct material and indirect savings, synergy savings, supplier on-time delivery, cashflow improvement and quality metrics such as supplier PPM and NCR.
Leverage supplier capabilities and business opportunities on a domestic and international basis. Proven ability to work effectively in a culturally diverse environment.
Participate in group, regional and global sourcing activities and councils. Ensure alignment and support corporate commodity goals and objectives Select reliable sources of supply, engaging complimentary suppliers and working with key suppliers to improve value delivered to the organization.
When appropriate, work with internal functions to ensure requirements are fulfilled and seek assistance in the qualification and evaluation of new components or new suppliers.
Oversee the 1) preparation of tenders, 2) accurately evaluate supplier quotations (considering total landed costs, payment terms, year over year productivity improvements and provisions for material and currency price adjustments), 3) lead supplier negotiations, 4) identify the optimal sourcing decision and 5) negotiate and successfully execute master supply agreements in accordance with corporate standards.
Set up and manage lean replenishment programs (such as Kanban or vendor managed inventory) with suppliers. Drive value engineering cost reduction and lead-time reductions with internal functions (i.
e. Engineering, Manufacturing, Quality), and the suppliers. Ensure a competitive sourcing environment leading to continuous improvement in quality, cost, service and technology.
Responsible for executive business reviews of strategic sourcing plans, including savings performance, market and business analysis, product roadmaps, supplier capabilities, supplier risk assessment and annual / quarterly / monthly strategic business objectives.
Maintain personal knowledge of market trends including rigorous analysis of market drivers, cost structures, technical improvements and competitive landscape and use this knowledge to drive price reviews monthly or quarterly with suppliers.
Apply knowledge and lessons learned to continuously improve the supply chain operations and vendor management practices.
Execute quarterly supplier business reviews. Provides category and process expertise to create and execute sourcing strategies and lead supplier management for defined categories.
Manages key sourcing process steps including opportunity assessment, strategy development, data analysis, supplier negotiation, award recommendations, and supplier contract execution.
Understands and documents the following Supply / demand capacity dynamics, trends and issues Cost structures of materials including impact of underlying material cost driver trends Methods and opportunities to lower cost of ownership Negotiates value from multiple perspectives Purchase price and contractual terms and conditions Total acquisition cost Prioritization and timing considerations Alternative solutions and / or materials Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education / Experience Bachelors degree aligned with Business, Operations, Supply Chain Management oriented degrees. 7 years of experience managing cross-functional projects and programs with tight deadlines, commodity management, supply chain and logistics management or manufacturing.
Experience required in offshore vendor qualification and procurement. Language Ability Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents.
Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.
Ability to write speeches and articles for publication that conform to prescribed style and format.