Job Description Summary

The Commodity Sourcing Lead will demonstrate accountability for functional, business, and broad company goals. In this role you will negotiate with dedicated supplier partners according to specific policies. Achieve the best contractual conditions while also ensuring internal customer satisfaction. In-depth understanding of key business drivers; uses this understanding to accomplish own work. You will integrate and develop processes that meet business needs across the organization, manage complex issues within functional area of expertise, be involved in long term planning, and contribute to the overall business strategy.

Job Description

Essential Responsibilities

As the Commodity Sourcing Lead you will:

• Manage a global spend of over $30M on Fluid Systems commodities (skids, valves, pumps, heat exchangers, filters, etc) and develop/manage sourcing strategy for the assigned commodity to achieve variable cost productivity, cash flow, and controllership goals with SQDC mindset.

• Steer/Support the global supplier selection, qualification, development, and overall supplier management, including managing the entire contract life cycle.

• Minimize GE risk exposure, by working closely with Projects and Contracts (Commercial, Legal, Commodity Sourcing, Engineering, compliance, customs, etc.) teams to ensure customer flow downs & our standard terms and conditions are pass-through to suppliers.

• Drive strategy development with the tactical execution necessary to execute cost reduction , lead time reduction, defect reduction projects through contract negotiation, process changes.

• Develop technical and market expertise in global commodity area

• Leverage Lean and Six Sigma tools to drive process improvements and waste elimination. Interface with other GE business sourcing teams and participate in companywide strategic sourcing initiatives.

• Team with engineering teams to identify and implement direct material productivity ideas to minimize total cost

• Work closely with engineering, buyers and sourcing quality engineers to ensure fulfillment and quality requirements are achieved. In the event of non-conformances, hold supplier accountable by recovering cost of poor quality claim. Support RCA and CAPA partnering with SQE team.

• Team with logistics and commercial teams to ensure adequate regional capacities exist to minimize transportation costs and meet localization requirements

• Aligning closely with cross functional leaders to identify and assess supplier capabilities, and measure and manage supplier performance. Hold supplier accountable for late deliveries and recover Liquidated damages. Partner with fulfilment team to drive lead time reduction, capacity enhancement, expedite deliveries, remove bottlenecks to improve on-time delivery performance of the supplier.

Qualification Requirements:

• Bachelor's Degree from an accredited college or university

• Minimum of 10 years of commercial experience in Sourcing, Supply Chain, and/or Engineering

• Prior sourcing experience in negotiating, identifying opportunities, selecting suppliers, sourcing strategy, and implementing contracts (T&Cs negotiations)

• Prior experience working in a complex global matrixed organization

• Prior experience in lean six sigma problem solving methodology & driving continuous improvement projects.

Desired Characteristics

• Master’s Degree in Business Administration (MBA)

• Prior GE Leadership program experience, such as OMLP, FMP, CAS.

• Strong quantitative and data research skills to perform spend analytics, DMAIC problem solving and identify cost-out opportunities.

• Strong project management and process improvement skills. Change agent with ability to influence at all levels of the organization

• Strong oral and written communication skills to present complex technical and commercial topics with clear, concise and effective messaging to stakeholders and senior leadership teams.

• Strong interpersonal and leadership skills to challenge the status quo and collaborate with stakeholders to drive continuous improvement.

• Strong problem solving skills with objective, factual and data driven approach.

• Driving ideation to action plan, breaking down strategic ideas into tactical action plan and driving closure with sense of urgency.

For U.S. based candidates only, for purposes of complying with U.S. pay transparency requirements, the base pay range for this position is $94,500-$157,000 USD Annually. The specific pay offered may be influenced by a variety of factors, including the candidate’s experience, education, and skill set. This position is also eligible for a 10% Annual bonus structure.

This posting is expected to close on 7/17/2024.

*The Company pays a geographic differential of 110%, 120% or 130% of salary in certain areas.

Healthcare benefits include medical, dental, vision, and prescription drug coverage; access to a Health Coach, a 24/7 nurse-based resource; and access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services. Retirement benefits include the GE Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants. Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness.

General Electric Company, Ropcor, Inc., their successors, and in some cases their affiliates, each sponsor certain employee benefit plans or programs (i.e., is a “Sponsor”). Each Sponsor reserves the right to terminate, amend, suspend, replace, or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a Sponsor’s welfare benefit plan or program. This document does not create a contract of employment with any individual.

Additional Information

Relocation Assistance Provided: No