- Responsible for developing strategic sourcing processes including, spend analysis, supply market analysis, negotiations, sourcing strategies, and supplier relationship management.
- Develop and implement a global strategic strategy aligned with Nidec's business goals.
- Implement and maintain standard processes that support a robust governance framework for procurement activities.
- Analyzing and calculating procurement costs, and forecasts and developing cost reduction strategies.
- Driving purchasing decisions based on cost and scenario analysis, as well as market trends.
- Identify and evaluate potential suppliers, develop standard terms and agreements, negotiate contracts, and establish long-term relationships that drive value and innovation.
- Drive cost reduction initiatives through effective negotiation, supplier collaboration, and process improvements.
- Analyze market trends, benchmarking, and financial data to identify opportunities for cost savings and efficiency.
- Lead efforts to build and maintain strong relationships with key suppliers.
- Collaborate with cross-functional teams to address supplier performance, quality, and continuous improvement.
- Proactively identify and mitigate supply chain risks, including geopolitical, economic, and operational factors.
- Manage and improve total cost for Direct materials.
- Develop contingency plans to ensure a reliable supply chain.
- Lead a high-performing global procurement team, fostering a collaborative and results-oriented culture. Work through an organizational matrix within the NP&A business.
- Provide coaching and mentorship to team members, promoting professional development.
- Stay abreast of industry trends and emerging technologies in procurement. Evaluate and implement technology solutions to enhance procurement efficiency and effectiveness.
- Ensure procurement practices comply with relevant laws, regulations, and ethical standards.
- Establish KPIs for the procurement function.
- Regularly report on procurement performance, cost savings, and other relevant metrics to executive management.
- Bachelor's Degree in business, supply chain management, logistics management, or a related field required; Master's degree preferred.
- At least 10 years of progressive procurement experience in a global supplier quality engineering role or global procurement/supply chain role in a manufacturing environment.
- Experience purchasing large castings, complex weldments, and/or electrical controls.
- Extensive experience in strategic procurement and supplier development, in a global context.
- Strong negotiation, communication, and relationship-building skills.
- In-depth knowledge of procurement best practices, market trends, and emerging technologies.
- Demonstrated ability to drive cost savings.
- Ability to analyze large data sets from various sources to develop reporting using tools including Excel Pivot tables, formulas, and statistical tools, including forecasting, regression analysis, and standard deviation.
- Proven experience in directly or indirectly leading and developing high-performing teams.
- Familiarity with ethical sourcing and sustainable procurement practices.
- Ability to work collaboratively with cross-functional teams and senior management.
- Demonstrated business and financial acumen.
- Willingness to travel domestically and internationally by up to 25% to visit NP&A locations and to develop, promote, and maintain strategic sourcing relationships.
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Global Sourcing Manager - Dayton, United States - Nidec Minster Corporation
Description
Job Description
Job DescriptionGlobal Sourcing Manager
Nidec Press & Automation has an immediate opening for a Global Sourcing Manager in Dayton, OH, Minster, OH, or Pittsburgh, PA. The Global Sourcing Manager plays a crucial role in maintaining the organization's competitive advantage through effective procurement sourcing processes, and tactical implementation. The Global Sourcing Manager is responsible for identifying global sources for castings, weldments, and electrical components, and establishing common sources and pricing for the global products. This role involves establishing, structuring, and maintaining supplier relationships. This role balances risk management and pricing - to optimize cost savings and drive innovation in procurement processes. The Global Sourcing Manager plays a critical role in shaping the company's strategic supplier strategy, identifying opportunities for improvement, and assisting in setting goals and objectives, to ensure the organization remains competitive in the global marketplace.
Job Requirements:
Qualifications:
An Equal Opportunity/Affirmative Action Employer, M/F/D/V
Nidec Minster Corporation will not accept unsolicited resumes from individual recruiters or third party recruiting agencies in response to Nidec Minster Corporation job postings. No fee will be paid to third parties who submit unsolicited candidates directly to our hiring managers. Preapproval from the Nidec Minster Talent Acquisition team is required before any external candidate can be submitted and such candidate must be submitted to the Nidec Talent Acquisition team.
