Lead Souring Specialist

Overview

Lead sourcing of indirect commodities, driving cost, cash, fulfillment and supplier performance.

Key Responsibilities

• strategy development
• contract management
• supplier sourcing
• cost reduction
• inventory management
• risk mitigation

Tasks

-Leading the development and execution of the assigned commodity strategies and supplier agreements/contracts. -Driving supplier compliance to standard payment terms and reduce days to pay to meet cash goals. -Sourcing lead for assigned commodities working closely with stakeholders identify and enable most effective suppliers to business objectives. -Collaborating with function stakeholders with cost out opportunities and supplier selections. -Leverage vendor managed inventory (VMI), consignment, stocking programs and Min Order Quantity strategies with suppliers to meet fulfillment, cost and cash goals. -Meeting cost out deflation targets via supplier negotiations, alternate supplier development and/or shifting to Best Cost Region suppliers; develop strategic relationships with global suppliers -Ensure supplier performance stability to meet delivery, quality and inventory expectations, via lead time reductions, capacity improvements, etc. -Driving supplier selection, development, and overall supplier management excellence -Developing alternate sources and/or risk mitigation plans for single & sole source suppliers

Requirements

• degree
• cips
• finance
• sap
• negotiation
• 3 years

What You Bring

-Degree/HNC in Business discipline -Member or working towards membership of Chartered Institute of Purchasing and Supply/APICS -Strong financial and analytical skills -Min 3 years of sourcing/materials experience. -strong process mindset -Experience using SAP or similar ERP -Strong negotiation and contract management skills, with excellent interpersonal and facilitation skills

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Benefits

-Tailored financial programs -Contemporary work-life balance policies and wellbeing activities -Safety net of life insurance and disability programs -Comprehensive private medical care options -Additional elected or voluntary benefits

About Baker Hughes

-Specializing in oil and gas exploration, drilling, and production, the company has a history of pioneering new technologies. -Notable for innovations like the world's first automated drilling system, the company has been at the forefront of optimizing energy operations. -The company is integral to major global projects, from large-scale energy exploration to developing critical infrastructure. -Has built a reputation for solving complex challenges, with a focus on safety, efficiency, and sustainability. -In recent years, the company has expanded its portfolio to include digital solutions, automation, and advanced analytics. -Has contributed significantly to global energy transitions, developing cutting-edge solutions for energy efficiency and sustainability.

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