Commodity Specialist

Hybrid Working Min. 3 days a week in office • Lead the Commodity Circle in respective area of responsibility with support of cross-functional team members • Manage the commodities for respective area of responsibility • Define the Ecosystem strategy in the respective area of responsibility with cross functional counterparts and support from GCMs and in alignment with business • Ensure transparency on cost structures and spend in area of responsibility via Commodity Circles • Create and implement business specific initiatives and measures based on respective commodity strategy in alignment with Ecosystem strategy and business objectives • Increase Managed Spend in the area of responsibility by safeguarding awardings following the defined commodity strategy • Maintain competitive supply base in alignment with Ecosystem strategy and Commodity Circle • Execute periodic strategic procurement activities – negotiations planning, commodity strategy updates, awarding strategy and sourcing board approvals, quarterly review meetings, etc. • Prepare, negotiate, award and make available frame contracts & price lists for strategic suppliers in accordance with business and market requirements (in alignment with GCM) • Manage the relationship with assigned strategic suppliers (in alignment with GCM) • Generate, document and implement savings measures, monitor and report relevant KPI • Drive early procurement/supplier involvement and cost out activities via respective Commodity Circles • Identify procurement risks and opportunities and implement respective measures • Feedback supplier market information and knowledge to stakeholders through network • Drive supply/supplier management processes (e.g., qualification, selection, evaluation, development, classification) What You Bring (requirements) • BA/BS- in Mechanical Engineering, Business, Supply Chain Management, or related field. • A minimum of 6-12 years’ of collective experience working in Supply Chain, Purchasing, Sourcing, Engineering or similar function in machinery industries. • Strategic thinking and analytical skills: Experience utilizing financial and data-driven techniques to make decisions. • Strong Communication & interpersonal skills: Understand main mechanical manufacturing processes and be able to communicate basic mechanical topics with supplier and internal cross functions. • Know-how of procurement related processes, systems and tools: Familiar with SAP and Productivity Management System. • Advanced skills in Microsoft Office applications, specifically Word, Excel, Outlook, PowerPoint. • Cost & risk management skills: Mature understanding of multiple aspects of supply chain value stream. Supplier financial risk evaluation & management. Supply Chain Risk evaluation & management. • Commodity & product knowledge: Individual must be able to quickly develop comprehensive understanding of each commodity, and subsequentially complex sourcing strategies. • Commercial knowledge, contract law and T&C.Experience managing Long Term Contracts and negotiating complex terms and conditions. • Negotiations and supplier relations management experience • Good problem solving, results oriented • Ability to work effectively in a matrixed global organization • Must be able to travel 10-15% both domestically and internationally. • Must be willing to learn and drive a change in a global environment, along with ability to influence through effective verbal and written communication skills. • Collaborative approach to working within a team environment; a consensus builder • Strong organizational and time management skills