Job Description:
Strategic Planning & Commodity Ownership
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Develop and execute 3-year commodity strategies aligned with corporate, purchasing, and business unit goals
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Take full commercial ownership of assigned suppliers and commodities, acting as the global commodity performance owner
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Facilitate commodity strategy meetings for cross-functional and cross-business audiences
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Incorporate supply base rationalization, Best Cost Country (BCC) objectives, localization strategies, and new technology drivers into commodity plans
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Utilize commodity expertise to create and update Business Plans and Strategic Plan Metrics
Cost Management & Negotiation
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Benchmark supplier pricing and negotiate cost reductions to support GCE margin targets
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Mitigate overall inflation in the supply base and drive cost-saving projects
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Set negotiation strategy and direction for commodity-level negotiations; include appropriate team members
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Manage cost recovery initiatives and provide recovery mechanisms for cost drivers as necessary
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Drive cash flow improvement initiatives including payment terms negotiations, consignment stock agreements, and lead time reduction
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Maintain price tables and manage requisitions for pricing related to commodity contracts
Supplier Management & Development
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Drive supplier approval process and manage supply base consolidation to increase negotiation leverage
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Develop alternate sources to improve cost competitiveness and supply availability
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Establish supplier partnerships and strategic alliances to enhance commodity strategies
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Utilize supply base knowledge to manage risk from financial instability or insolvency at individual suppliers
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Partner with suppliers and factories to improve on-time delivery and reduce lead times
Sourcing Execution & Operations
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Execute sourcing capabilities to drive make-vs-buy decision-making at component and finished goods levels
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Assist other Global Commodity Managers in executing their assigned strategies, including regional savings initiatives
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Manage and drive commodity review of projects for all relevant commodity activities
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Support global factories in overcoming short-, mid-, and long-term sourcing constraints
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Coordinate with GCE legal team to ensure contractual obligations minimize risk to the Company
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Store contracts according to GCE Corporation policy and determine contract turnover levels
Market Intelligence & Technology
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Analyze market trends and influence factory decision-making with actionable insights
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Possess and continuously develop knowledge of supply market trends, associations, trade publications, and indexes
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Participate in Advanced Technology projects related to commodities and negotiate with technology partners to mitigate downstream risk
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Utilize Advanced Technology knowledge to set technological direction for commodity strategies
Team Development
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Mentor and coach junior team members to develop high-grade talent within the sourcing organization
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Lead ad hoc cross-functional teams spanning business units and purchasing functions
