
Senior Sourcing Specialist - Metallic
- Oak Brook, IL
- $105,750-176,250 per year
- Permanent
- Full-time
- Develop and implement sourcing strategies for the Casting commodity, oversee supplier selection across multiply platforms, lead long term contract negotiations and on time launch targets.
- Analyze and evaluate external price trends and new product offerings to reduce overall purchasing costs.
- Collaborates with suppliers to assure the quality of their products, materials, components and/or operations and develops supply recommendations.
- Ensures suppliers can meet forecasted demand.
- May coordinate efforts in the reduction of purchasing/engineering costs and establishing cost for new products. Continuously explore the cost improvement ideas through VA/VE in close coordination with suppliers.
- May participate in design and/or technical reviews. Must understand technical aspect of casting machined parts should be able to convey the requirements to suppliers.
- Actively interviews the current and new suppliers to maintain a competitive supply base for the commodity assigned, may select, recommend, and manage relationships with major suppliers, vendors, or sub-contractors to ensure the organization receives satisfactory standards of service.
- Resourcing parts strategically to obtain the best total cost, quality, delivery for the plants.
- Manage key supplier relationship, Conduct Monthly/Quarterly business reviews with the key suppliers and generate ideas of cost improvement through regular involvement /participation from suppliers.
- Other related duties as assigned.
- A Bachelor's degree in a relevant discipline. (Engineering preferred)
- A minimum of 8+ years of relevant experience.
- This role requires a deep understanding of casting processes, materials, and market trends to ensure the highest standards of quality and efficiency. The candidate should have in depth knowledge of casting market regionally and globally.
- With experience in purchasing casting, the candidate should be capable to perform techno-commercial analysis of casted parts, tooling cost and methodologies to be used.
- The candidate should be able to Provide support with his expertise on casting processes, within the company to other buyers across the commodity team.
- Hybrid work schedule (in office 3 days, hybrid 2 day)
- Savings & Retirement benefits
- Tuition reimbursement
- Parental leave
- Adoption assistance
- Fertility & Family building support
- Employee Assistance Programs
- Charitable contribution matching and Volunteer Time Off