Lead Sourcing Specialist - Machined Parts

1 Month ago • 8-12 Years • Human Resource

Job Summary

Job Description

The Lead Sourcing Specialist – Machined Parts will be responsible for developing commodity strategies for India machining, focusing on margin improvement, supplier relationship management, and export growth. Responsibilities include driving deflation projects, budget adherence, managing RFQs, improving cash flow, negotiating agreements, and conducting supplier reviews. They will also be responsible for creating commodity strategies and mitigating risks.
Must have:
  • Drive margin improvement and deflation projects
  • Manage RFQs and execute global projects
  • Negotiate long-term agreements with suppliers
  • Prepare annual budgets and strategic plans
  • Manage supplier relationships at senior level
  • Improve material availability and quality
  • Create short and long-term commodity strategies
  • Mitigate risks through supplier evaluation
Good to have:
  • Ability to conduct management level relationship with suppliers
  • Strong project Management and Project Execution Skills
  • IT skills with ability to manage complex data
  • Strategic Sourcing, Supply Chain, Product Management, or Engineering background
  • Demonstrated background of building collaborative relationships
  • Strong Communicator with excellent presentation skills
  • Ability to work with cross functional teams
  • Ability to work with Global Supply Base
  • Ability to manage global stakeholders.

Job Details

It’s not just about your career or job title… It’s about who you are and the impact you will make on the world. Because whether it’s for each other or our customers, we put People First. When our people come together, we Expand the Possible and continuously look for ways to improve what we create and how we do it. If you are constantly striving to grow, you’re in good company. We are revolutionizing the way the world moves for future generations, and we want someone who is ready to move with us.

Lead Sourcing Specialist – Machined Parts

Role Summary/Purpose:

The Lead Sourcing Specialist – Machined Parts will be responsible to drive commodity strategies for India machining commodity with a clear focus on margin improvement, payment term changes, supplier relationship management, dual source development, low-cost country spend migration, cross functional project management, supplier delivery performance management and Increase in Exports from India – primarily for Transit business. This role will be responsible for strategic sourcing of parts for Transit India/Freight India Business as well as exports to EMEA/US region across Transit/Freight business units.

Essential Responsibilities:

  • Drive margin improvement by driving deflation projects across business units by using various levers like localization, YOY Productivity Sign Off, SCRI, Should Cost, Blend Management, negotiations, Logistics cost optimization and contract management.
  • Budget adherence by analyzing multiple avenues of cost reduction, risk mitigation, spend rationalization, and prepare catch up plans as required.  
  • Liaison with global EMEA/US teams to facilitate RFQ execution.
  • Receive, manage and execute multiple RFQs through systematic approach.
  • Execute projects for global locations through cross functional engagement.
  • Drive cash flow improvement projects across business units by improving the payment terms with the supply base.
  • YOY improvement in exports spend from India based suppliers to Wabtec Worldwide Sites by identifying deflation opportunities.
  • Negotiate and Sign off Long Term Agreements with preferred suppliers, which defines price corrections framework for commodity and currency movements and framework for COPQ, Warranty, PTA settlements.
  • Responsible for preparing Annual Budget / IOP / STRAP for the category team.
  • Work across business units to identify synergy savings.
  • Manage strategic relationship management at senior level management by conducting structured supplier relationship management reviews.
  • Improve material availability and quality by conducting QBR reviews, recovering costs incurred associated with defects, conducting root cause analysis and implementing corrective actions related to delivery delays, eliminating premium transportation, and ensuring all purchase orders are promised in a timely manner.
  • Create short and long-term commodity strategies and influence cross functional team members.
  • Work on risk mitigating strategies by doing supplier evaluation, risk mitigation analysis, develop and execute plans.
  • Work closely with shop operations and commercial / product management teams to prioritize cost out efforts where needed on specific products and programs.
  • Drive strategic projects to leverage India supply base for exports to EMEA region.

Qualifications/Requirements:

  • Bachelor Of Engineering (Mechanical / Production).  Full Time MBA in Operations / Supply Chain would be preferred.
  • 8 to 12 years of experience in Strategic Sourcing of Machined Parts.
  • Willingness and ability to travel up to 25% of the time

Desired Skill Sets:

  • Ability to conduct management level relationship with suppliers.
  • Ability to negotiate long term contracts with suppliers
  • Strong project Management and Project Execution Skills.
  • IT skills with ability to manage complex data.
  • Effective problem-solving skills
  • Ability to execute projects with high sensitivity by maintaining timeline and deliverables.
  • Strategic Sourcing, Supply Chain, Product Management, or Engineering background
  • Demonstrated background of building collaborative relationships
  • Strong Communicator with excellent presentation skills
  • Ability to work with cross functional teams such as engineering, NPI sourcing, quality, services, materials etc. to achieve timely project execution
  • Ability to work with Global Supply Base
  • Ability to manage global stakeholders. 

Who are we?

Wabtec Corporation is a leading global provider of equipment, systems, digital solutions, and value-added services for freight and transit rail as well as the mining, marine, and industrial markets. Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation, and Faiveley Transport, the company has grown to become One Wabtec, with unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems.

Wabtec is focused on performance that drives progress and unlocks our customers’ potential by delivering innovative and lasting transportation solutions that move and improve the world. We are lifelong learners obsessed with making things better to drive exceptional results. Wabtec has approximately 27K employees in facilities throughout the world. Visit our website to learn more! http://www.WabtecCorp.com

Our Commitment to Embrace Diversity:

Wabtec is a global company that invests not just in our products, but also our people by embracing diversity and inclusion. We care about our relationships with our employees and take pride in celebrating the variety of experiences, expertise, and backgrounds that bring us together. At Wabtec, we aspire to create a place where we all belong and where diversity is welcomed and appreciated.  

To fulfill that commitment, we rely on a culture of leadership, diversity, and inclusion. We aim to employ the world’s brightest minds to help us create a limitless source of ideas and opportunities. We have created a space where everyone is given the opportunity to contribute based on their individual experiences and perspectives and recognize that these differences and diverse perspectives make us better.

We believe in hiring talented people of varied backgrounds, experiences, and styles… People like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know.

Similar Jobs

Alpha Sense - Deal Desk Manager

Alpha Sense

United States (Remote)
2 Days ago
Lionbridge Games - Technical Project Manager

Lionbridge Games

Mexico City, Mexico City, Mexico (On-Site)
4 Months ago
undefined - Risk and Compliance New Associate

Mumbai, Maharashtra, India (On-Site)
1 Month ago
Ion - Intermediate IT Auditor, Italy

Ion

Pisa, Tuscany, Italy (On-Site)
8 Months ago
Domo - Senior Compliance Analyst

Domo

American Fork, Utah, United States (On-Site)
1 Month ago
InMobiInMobi - Lead HR Generalist

InMobiInMobi

Bengaluru, Karnataka, India (On-Site)
2 Weeks ago
Applike - Senior HR Manager

Applike

Hamburg, Hamburg, Germany (Hybrid)
2 Weeks ago
ZeniMax Media - Senior Human Resources Information Systems (HRIS) Analyst

ZeniMax Media

Rockville, Maryland, United States (On-Site)
1 Month ago
ISG - Principal Consultant, Digital Sourcing Solution

ISG

Toronto, Ontario, Canada (Remote)
1 Month ago
BetterMe - HR Generalist

BetterMe

Kyiv, Kyiv City, Ukraine (On-Site)
6 Days ago

Get notifed when new similar jobs are uploaded

Similar Skill Jobs

Betson Group - Compliance Governance Manager

Betson Group

Malta (On-Site)
1 Month ago
London stock Exchange - Technology Program Manager

London stock Exchange

Bengaluru, Karnataka, India (Hybrid)
1 Month ago
luxsoft - Senior Murex MxML Consultant

luxsoft

India (Remote)
1 Month ago
Archipelago - Senior Backend Engineer

Archipelago

Noida, Uttar Pradesh, India (On-Site)
2 Months ago
Codeway Studios - Legal & Compliance Specialist

Codeway Studios

İstanbul, Türkiye (On-Site)
2 Months ago
Cubic corporation - Canada WES OEM Program Manager

Cubic corporation

Wainwright, Alberta, Canada (On-Site)
1 Month ago
Capgemini - Presales Power Platform Architect

Capgemini

Chennai, Tamil Nadu, India (On-Site)
1 Week ago
tonies studios - Senior NPI & Change Manager - Figurines

tonies studios

Schwäbisch Gmünd, Baden-Württemberg, Germany (On-Site)
4 Days ago
Ceragon Networks - HRBP

Ceragon Networks

Romania (On-Site)
6 Days ago
Social Discovery Group - VP of Finance

Social Discovery Group

Cyprus (Remote)
8 Months ago

Get notifed when new similar jobs are uploaded

Jobs in Bengaluru, Karnataka, India

luxsoft - Temenos Developer

luxsoft

Pune, Maharashtra, India (On-Site)
2 Months ago
Palo Alto Networks - Manager, Indirect Tax

Palo Alto Networks

Bengaluru, Karnataka, India (On-Site)
1 Month ago
Capgemini - AS400 Administration

Capgemini

Mumbai, Maharashtra, India (On-Site)
1 Month ago
Capgemini - Application Security Architect (AppSec)

Capgemini

Bengaluru, Karnataka, India (On-Site)
2 Days ago
Google - Senior Staff Software Engineer, Infrastructure, Google Cloud

Google

Bengaluru, Karnataka, India (On-Site)
2 Months ago
Capgemini - Fiserv Developer

Capgemini

Bengaluru, Karnataka, India (On-Site)
1 Month ago
Xentrix studios - Compositing – Artist

Xentrix studios

India (On-Site)
8 Months ago
Zones - Technical Support Manager

Zones

Noida, Uttar Pradesh, India (On-Site)
5 Months ago
Philips - Senior Program Manager

Philips

Pune, Maharashtra, India (On-Site)
1 Month ago
Cadence - Sr Principal Product Validation Engineer

Cadence

Noida, Uttar Pradesh, India (On-Site)
9 Months ago

Get notifed when new similar jobs are uploaded

Human Resource Jobs

sodesco - Senior HR Advisor

sodesco

Rotterdam, South Holland, Netherlands (On-Site)
1 Month ago
bytedance - HR Operations Advisor

bytedance

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia (On-Site)
3 Months ago
Tesla - HR Partner

Tesla

North Brabant, Netherlands (On-Site)
4 Months ago
AECOM - People & Culture Advisor

AECOM

Fortitude Valley, Queensland, Australia (On-Site)
2 Weeks ago
Ajmera Infotech - HR Coordinator

Ajmera Infotech

London, England, United Kingdom (On-Site)
1 Month ago
Foster and partners  - HR Administrator

Foster and partners

London, England, United Kingdom (On-Site)
2 Days ago
Mcdonalds - Supervisor - Employee Relations Strategy and Policies

Mcdonalds

London, England, United Kingdom (On-Site)
1 Week ago
UPF Industries  - General Labor

UPF Industries

Prattville, Alabama, United States (On-Site)
2 Months ago
Tencent - HR Intern

Tencent

(On-Site)
5 Months ago
Netflix - HR Business Partner, Scanline/Eyeline Studios - UCAN

Netflix

Los Angeles, California, United States (On-Site)
2 Months ago

Get notifed when new similar jobs are uploaded

About The Company

Want to move the world? Want to innovate and bring that innovation to life? At Wabtec, we are in the business of realizing potential – that of the transportation industry, and yours! Drawing on nearly four centuries of collective success across the vibrant portfolios of Wabtec, GE Transportation and Faiveley Transport, we offer employees hands-on opportunities all over the world to shape the future of transportation – as well as their own. Wabtec is focused on performance that drives progress, leveraging our digital expertise, technological innovation, and world-class manufacturing and services to create transportation solutions that move and improve the world. Along with our industry-leading portfolio of products and solutions for the rail and transit industries, Wabtec is a leader in mining, marine, and industrial solutions.

Arteaga, Coahuila, Mexico (On-Site)

Cedar Rapids, Iowa, United States (On-Site)

Arteaga, Coahuila, Mexico (On-Site)

Bengaluru, Karnataka, India (On-Site)

Export, Pennsylvania, United States (On-Site)

Duncan, South Carolina, United States (On-Site)

Pittsburgh, Pennsylvania, United States (On-Site)

Export, Pennsylvania, United States (On-Site)

View All Jobs

Get notified when new jobs are added by WebTech Corporation

Level Up Your Career in Game Development!

Transform Your Passion into Profession with Our Comprehensive Courses for Aspiring Game Developers.

Job Common Plug