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TE Connectivity
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TE Connectivity - Strategic Sourcing Analyst (7-10 yrs)
TE Connectivity
posted 4d ago
About the job:
At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world.
Job Overview:
- TE Connectivity's Strategic Sourcing Teams develop and implement multi-year strategies for assigned commodities, suppliers and parts/services to achieve established goals in supplier quality, delivery, price and service.
- They align strategy and execution with cross-functional partners such as engineering, manufacturing, product management and functional owners.
- They execute the competitive bid, negotiation, contracting processes and/or technical continuous improvement for assigned commodities or services; collaborate across Business Units and cross-regions for optimal TE leverage.
- Our teams demonstrate a high level of expertise in procurement competencies (business/supply chain acumen, negotiation, sourcing strategy development and execution, global savvy, and project and product lifecycle management) and ensure results are delivered compliant with TE policies and procedures.
Key Responsbilities:
- 7+ years' years' experience in sourcing area
- Responsible for analysing input requests, identify right suppliers from the approved supplier panel.
- Responsible for preparing RFQ's, quote analysis, negotiations, obtaining Sourcing Committee approvals and awarding new business to supplier to develop finished products, components and tooling.
- Define PBL supplier sourcing strategy based on business needs, that defines strategic suppliers into grow, fix and exit suppliers and maintains product footprint, incl "make or buy"-analysis.
- Introduce new suppliers in SEA, India Mexico, North America.
- Accountable for info record and PO accuracy, transfer relevant data to SCM, (Incoterm, lead time, price, MOQ etc)
- Drive attainment and improvement of relevant procurement KPI's, incl.
- Material Productivity (CMP), Lead time performance, delivery (STR/STC), and Quality (DLPM).
- Responsible for improving material productivity by maintaining 125% material pipeline, CMP, TEBIT and WAV analysis and Drive VA/VE projects in collaboration with Engineering
- Responsible for supplier price management, including PIA
- Responsible for maintaining the capabilities and capacities of suppliers to avoid any constraints
- Ensure and Drive MOQ optimization for material/components (incl. finished goods) used by the plant for production and establish supplier agreements, e.g VMI, EDI, consignment, Scheduling Agreements frame order review, blanket PO)
- Lead the consolidation of Supplier Footprint, incl. setup of new suppliers, reducing number of suppliers
- Ensure that suppliers meet TE compliance requirements (RoHs, Reach, conflict minerals, supplier portals)
- Responsible for contracting of supplier commercial agreements, incl. bailment, inventory management and supply agreements.
- Responsible for conducting QBR's with strategic suppliers and the drive of respective corrective actions
- Regularly carry out Suppliers risk assessments per business needs
- Ensure data on OV tools is captured and delivered to finance.
- Work with team on ISO Related documents, process and compliance check on regular frequency
- Support the tactical buyer in the following tasks: inventory management components, manage outside product, and block invoices
Desired Skills:
- Excellent problem-solving skills, analytical skills, and communication skills
- Ability to demonstrate strong customer focus and continues improvement
- Strong project management skills and ability to multi-task
- Ability to work in a matrix environment with multi-cultural teams
- Ability to create competitive strategies and plans, broad knowledge of strategies and tactics of the marketplace, knows trends
- Knowledge of regional and global supplier base for relevant commodities
- Advanced knowledge in the use of SAP and Microsoft Office, i.e Excel, Outlook, Word, PowerPoint
- Fluent English at negotiation level, Integrity, Accountability, Teamwork, Innovation
- Proactive, detailed-oriented, Strong analytical skills, Cross-functional skills
Competencies
- Values: Integrity, Accountability, Inclusion, Innovation, Teamwork
Functional Areas: Banking/Insurance
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