Sourcing Analyst - Farmington, United States - NTN Bearing

NTN Bearing Farmington, United States

1 week ago

Description

Job Description

NTN is one of the world's premier bearing manufacturers serving the automotive and industrial markets for over 100 years.We are seeking a Procurement Analyst for our Strategic Sourcing Team. This rolewill be in our Farmington Hills, Michigan office and have a hybrid work schedule that will be effectively working in the office 2 days per week and work from home 3 days per week. Up to the first 90 days the position may be in office more frequently to ensure a smooth transition into the role.

Responsibilities:

Prepare analysis, presentations, regular progress updating of procurement strategies for respective commodities across regional and global suppliers.
Assists Strategic Sourcing Manager with development of regional and global strategic supply base strategies that lead to lowest total cost for quality, lead time, delivery and unit price.
Take point on coordination and liaison efforts for environmental/social/government ("ESG") initiatives with NTN Americas and NTN ESG and Carbon Neutrality teams.
Manage the ESG compliance efforts and survey completion for customers and key suppliers.
Work with internal stakeholders of cross-functional teams: Production, engineering, quality, sales etc.) to perform rationalization analysis of identified direct materials.
Develop analytical reports which present data on cost and quality metrics of NTN supply base.
Provide support analytics for cost reduction opportunities and negotiation projects.
Prepare economic savings forecasts and performance tracking.
Perform benchmarking and market test pricing with alternative sourcing options (analysis of supplier quality/delivery performance, capacity management, etc.)
Support supplier development team through participation executive reviews with low performing suppliers and maintaining supplier performance scorecards.
Draft RFQs and submit to suppliers; receive and document submitted quotations.
Issue and circulate NDA's with new suppliers
Work with internal NTN departments to implement price change files when applicable and resolve price discrepancies related to invoices as needed.
Communicate with customers regarding product changes; Follow up to obtain feedback and documented results.
Adheres to NTN Americas Region and Global Code of Conduct

Qualifications:

Minimum of 5 years' experience with direct/indirect sourcing.
Tier 1/Tier2 automotive or precision industrial machined components preferred.
Capabilities with MS Access and ERP Systems (JDE or SAP)
Familiarity with ISO quality systems; Supply Chain Management Certifications a plus.
Demonstrated written and interpersonal communication skills, including organization of presentations and experience in presenting updates in business team meetings.
Experience working with cross-functional teams in engineering, sales, and operations.
25% travel to manufacturing plants in Illinois and Indiana (within a 5 hour drive).
Training or exposure to Lean Manufacturing and Process Mapping skills a definite plus.
Financial and product costing knowledge a definite plus.
B.S. Degree or offsetting professional experience required.

NTN Bearing Corporation offers a full range of comprehensive benefits, including choice of medical plans, dental, vision, flexible spending account, life and disability insurance, a cash matching 401(k) Plan, paid vacation, occasional absence program, company paid life/short-term disability insurance, additional paid time off during the major holiday season in December, and eligibility for tuition reimbursement. NTN USA is an equal opportunity employer that strongly supports diversity in the workplace.

How to apply: Please go to , careers and apply.

Indefinite U.S. work authorized individuals only. Future sponsorship for work authorization unavailable.

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