Strategic Sourcing specialist

Job title: Strategic Sourcing specialist

Company: Fortive


Job description: Job Description:We are seeking a talented Strategic Sourcing Specialist to work in a fast-paced multi-site manufacturing environment. The ideal candidate will play a key role within the sourcing group in executing cost takeout projects within Operations and New Product Development. Further to this the position would be required to support the global procurement team in collecting material compliance reports from the current supplier base and support by feeding collected data to our centralized material compliance platform.This position requires an innovative individual with the willingness to take calculated risks, excellent communication skills and the ability to work with a diverse group of associates and in cross functional teams. This is a high visibility opportunity with advancement opportunities through operations or supply chain managementResponsibilities:

• Drive material compliance initiative by collecting material compliance documentation from multiple international suppliers.
• Support as a key user for material compliance platform and support global team by ensuring all collected data is uploaded to the material compliance platform.
• Support the global procurement team with administrative tasks, reporting and support in collecting supplier information.
• The candidate should furthermore be available to find, validate and potentially develop new suppliers in the local country.
• Support by doing audits at suppliers in the region.
• Support global team with RFQ’s in the region.
• Support with quality approvals and first samplings at new suppliers.
• Drive material cost improvements through purchase price reductions and material cost out activities through re-design.
• Execute sourcing funnel process with several commodities.
• Locate and develop suppliers globally and engage suppliers in projects to improve quality, lead-time, and price/terms.
• Drive regular improvement in Purchase Price Variance (PPV) through RFQs, auctions, and negotiations with suppliers.
• Be responsible and accountable for the strategic direction and daily management of specific purchased commodities
• Execute the vendor consolidation process of identifying and developing strategically important suppliers
• Work closely with Supply Chain/Materials personnel to implement and receive benefits of best practices
• Support the negotiation strategies with suppliers ensuring inventory optimization is included in supplier contracts and agreements.
• Work with cross functional team supporting Value Analysis Value Engineering Events to identify cost-out opportunities in support of building the cost out funnel.
• Create and execute Commodity strategies to better align with supply chain; negotiate payment and working capital terms with suppliers that align to business terms.
• Negotiate MSA’s with Grow/Maintain/Preferred suppliers.
• Understand commodity trends utilizing pro-purchaser or Commodity Price Index (Not limited to)
• Negotiate MOQ/POQ/LT’s with suppliers as it aligns to the business standards

Qualifications:

• BS/BA Engineering or Business, with specific background with international sourcing
• 3-6 years progressive experience in planning, purchasing and inventory control within a low-volume high mix manufacturing environment preferred.
• Strong leadership skills with the ability to build consensus with many.
• Demonstrated ability to reduce material cost through material substitutions, material reductions, etc.
• Lean manufacturing experience including kanban planning, establishing reorder quantities, inventory optimization, and a strong process mind set
• Ability to develop and execute strategic plans, Self-starter and highly motivated
• Excellent cross-functional interpersonal, facilitation, communication and leadership skills
• Results driven with excellent organization, communication (written and oral), and presentation skill
• Proficient in Word, Excel, PowerPoint, performing queries in ERP systems (Business Objects), along with data gathering, manipulation, and analysis expertise
• International and domestic travel requirement of up to 25%

Fortive Corporation OverviewFortive’s essential technology makes the world stronger, safer, and smarter. We accelerate transformation across a broad range of applications including environmental, health and safety compliance, industrial condition monitoring, next-generation product design, and healthcare safety solutions.We are a global industrial technology innovator with a startup spirit. Our forward-looking companies lead the way in software-powered workflow solutions, data-driven intelligence, AI-powered automation, and other disruptive technologies. We’re a force for progress, working alongside our customers and partners to solve challenges on a global scale, from workplace safety in the most demanding conditions to groundbreaking sustainability solutions.We are a diverse team 17,000 strong, united by a dynamic, inclusive culture and energized by limitless learning and growth. We use the proven Fortive Business System (FBS) to accelerate our positive impact.At Fortive, we believe in you. We believe in your potential—your ability to learn, grow, and make a difference.At Fortive, we believe in us. We believe in the power of people working together to solve problems no one could solve alone.At Fortive, we believe in growth. We’re honest about what’s working and what isn’t, and we never stop improving and innovating.Fortive: For you, for us, for growth.About HengstlerHengstler is a leading European manufacturer of industrial components for counting and control applications. We supply customers from the most diverse industries, such as automation, mechanical engineering, medical technology and drive technology.For over 170 years we have been known worldwide for our many years of experience and competent service, broad application know-how and high flexibility resulting from a large number of product variants and solutions.We Are an Equal Opportunity Employer. Fortive Corporation and all Fortive Companies are proud to be equal opportunity employers. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity or expression, or other characteristics protected by law. Fortive and all Fortive Companies are also committed to providing reasonable accommodations for applicants with disabilities. Individuals who need a reasonable accommodation because of a disability for any part of the employment application process, please contact us at applyassistance@fortive.com.Bonus or Equity
This position is also eligible for bonus as part of the total compensation package.

Expected salary:

Location: Pune, Maharashtra

Job date: Fri, 04 Apr 2025 06:09:34 GMT

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