Commodity Specialist

Commodity Specialist

Work Location: Newark

Job type:

Posted: 04/25/2017


Job Description

  • The Sourcing Program is responsible for providing Sourcing responsibility. Responsibilities include, leading the development & execution of local sourcing strategies that deliver a competitive advantage driving the strategic supplier initiatives; supplier selection, development, and the supplier consolidation to ensure sourcing optimization and overall supplier performance.

Job Responsibilities

  • Project Management 
  • As part of the project team and the extended Procurement team, you are to ensure that new products entering production, have a direct material cost that meets the requirement of the business case for the product.
  • Drive and achieve targets for Key Performance Indicators (KPIs).
  • In cooperation with commodity management, ensure the implementation of the supply strategies for the relevant categories.
  • Manage Sourcing goals, strategy and analytics for global projects
  • Understand industry and commodity trends to influence the use of standard/common parts/materials.
  • Follow up of samples or First Article (FA) to be submitted through Product/FA Engineer to customer for evaluation/approval.
  • Be able to represent the team in customer interface where required.
  • Drive effective RFQ.
  • Effectively managing timing for global procurement initiatives to drive efficiencies and cost saving.
  • As Project Sourcing you will enable the use of supply base management and analytical perspective to drive benefit projects.
  • Monitor and effectively track all project transfer timeline and activities to ensure customer time to market.
  • Participate in supplier selections and recommendations in line with the transfer plan.
  • Ensure assurance of supply (AOS) to support business needs and seek means on resolution of supply issues.
  • Early involvement with R&D for DFX & DFSC on component and supplier selection Work with Purchasing, Quality and/or Finance to resolve any supplier related issues.
  • Source and determine quotations at the most competitive price.
  • Ensure obtained pricing to be the most favorable for the company in both new and current business environments.
  • Ensure quotation strategy makes sense to support the required business model to improve chances of an award of business from potential customers.

Job Requirements

  • Engineering background, able to read & understand technical drawings & specifications.
  • Proficient negotiation skills. Good understanding of the supply base, both local and overseas with good understanding of the outsourcing requirements in the China/India/Thailand/Vietnam, an added advantage.
  • Demonstrated project management and strategic, business analytics experience required.
  • Strong analytical and data manipulation abilities.
  • Understanding of strategic sourcing methodologies & strong technical abilities.
  • Proficiency in MS Office tools, with effective communication and presentation skills. SAP knowledge is an added advantage.
  • Possess good analytical skills to justify the course of work and be able to communicate tactfully as critical and sensitive Information is involved.
  • Candidate must be able to multi-task.
  • Diploma/degree in Mechatronics/Mechanical/Manufacturing/Electronics Engineer
  • 3 years in contract manufacturing