Lead Sourcing Analyst/Buyer

GE Vernova; United States; On-site; USD 95,000 - 158,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Prescription coverage

Health Coach

Employee Assistance Program

401(k) with company matching

Tuition assistance

Adoption assistance

Parental leave

Disability benefits

Life insurance

12 paid holidays

Permissive time off

Job summary

GE Vernova is seeking a Lead Sourcing Analyst/Buyer for a remote role in the United States. The position focuses on driving sourcing, supplier management, and cost-out initiatives across Americas-based suppliers. You will collaborate with cross-functional teams and senior leaders to shape procurement strategies and achieve savings targets.

Requirements include 5+ years in sourcing and proficiency with SAP and Tableau. A Bachelor's degree is preferred, and an annual discretionary bonus may apply.

Qualifications

• Minimum of 5 years’ experience in sourcing, procurement, supplier management and tendering.
• Advanced MS Office skills including Excel formulas, VLOOKUP and pivot tables.
• Excellent negotiation and analytical skills with the ability to build strong relationships with suppliers and stakeholders.
• Fluent in English.

Responsibilities

• Drive sourcing and procurement activities on assigned commodities and suppliers to deliver a competitive advantage within the Americas market.
• Manage supplier quotations, negotiate pricing and contractual terms and implement framework agreements with key suppliers.
• Issue purchase orders for components and actively support the full lifecycle of multiple orders.
• Improve key performance metrics for the Americas region such as on-time delivery, savings against budget, deflation, payment terms and cost-out during tendering.

Skills

Sourcing & procurement

Negotiation

Data analysis

Fluent English

Education

Bachelor’s degree in related areas

Tools

SAP

Tableau

Job description

Job Description Summary

At Steam Power we are used to change and have been continuously adapting to respond to the many factors shaping our industry. Change is how we keep pace with the world around us and ensure our long-term sustainability. To achieve this requires us adopting a strong services mindset that becomes the very DNA of Steam Power. As a result, we have become more of a services organization.

We believe our success in large part will depend on us being as diverse of a team as our customers and regardless of our role, every one of us can contribute to making Steam Power the service provider of choice by customers around the globe.

Job Description

The Lead Sourcing Analyst/Buyer is responsible for collecting and examining data for execution of Sourcing related activities to support the business operations through running reports, data analysis, and engagement with important stakeholders to ensure business priorities are met. In addition, this role will also be an active Buyer for Projects and Parts as needed. Examples: Supplier/Commodity management, identifying opportunities for new sources of supply and cost-out initiatives. The ability to collaborate cross-functionally with the Sourcing Team and with internal stakeholders, including Senior Leadership, is essential. This individual will be responsible for Key Performance Indicators that drive and define Sourcing success and must have the necessary skill set to positively impact these metrics. The Lead Sourcing Analyst/Buyer must be able to define and report strategies for various commodities and Suppliers while having a Lean mindset with a focus on process improvement. This role will be responsible for new supplier on boarding and qualification and will contribute to sourcing savings goals and finance targets.

Roles And Responsibilities

• Drive sourcing and procurement activities on assigned commodities and suppliers to deliver a competitive advantage within the Americas market. Apply advanced sourcing best practices towards operational excellence.
• Manage supplier quotations, negotiate pricing and contractual terms and implement framework agreements with key suppliers, using contract templates in collaboration with Corporate Counsel.
• Issue purchase orders for components and actively support the full lifecycle of multiple orders simultaneously.
• Improve key performance metrics for the Americas region such as on-time delivery, savings against budget, year-over-year deflation, payment terms, cost of failure and product cost-out during the tendering phase.
• Work proactively with the Tendering team to recommend the right suppliers with the most optimal commercial conditions, meet the proposal’s delivery requirement to the customer and manage cost-out negotiations as per customers’ target.
• Coordinate supplier selection, development, and supplier categorization to ensure sourcing optimization, overall supplier performance and build long-term strategic relationships with key suppliers.
• Develop reports, analyze spend and apply sourcing methodologies to identify opportunities for cost-reduction and cash flows improvements.
• Effectively collaborate with global Project and Parts teams and strategic sourcing colleagues to interpret requirements, define, develop, and implement sourcing and procurement strategies to further enhance business performance and outcomes.
• Active management of the procure-to-pay process and invoice resolution with internal and external stake holders.
• Contribute meaningfully to a positive team-oriented culture that promotes Inclusion and Diversity along with a respectful work atmosphere.

Basic Qualifications

• Minimum of 5 years’ experience in sourcing, procurement, supplier management and tendering.
• Advanced M/S office skills including excel formulas, v-look up and pivot table knowledge.
• Excellent negotiation and analytical skills with the ability to build strong relationships with suppliers and stakeholders.
• Fluent in English.

Desired Characteristics

• Bachelor’s degree in related areas desired.
• Experience SAP and Tableau user
• Strong interpersonal and leadership skills with the ability to develop key internal and external relationships and influence at all levels.
• Ability to develop/execute multiple strategic sourcing initiatives simultaneously.
• Motivated, self-directed, and detail oriented.

Additional Information

GE Vernova offers a great work environment, professional development, challenging careers, and competitive compensation.

GE Vernova is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

GE Vernova will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).

Relocation Assistance Provided: No

• This is a remote position

For candidates applying to a U.S. based position, the pay range for this position is between $94,600.00 and $157,700.00. The Company pays a geographic differential of 110%, 120% or 130% of salary in certain areas. The specific pay offered may be influenced by a variety of factors, including the candidate’s experience, education, and skill set.

Bonus eligibility: discretionary annual bonus.

Benefits

• Medical, dental, vision, and prescription drug coverage
• Health Coach from GE Vernova, a 24/7 nurse-based resource
• Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services
• GE Vernova Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions
• Access to Fidelity resources and financial planning consultants
• Tuition assistance
• Adoption assistance
• Paid parental leave
• Disability benefits
• Life insurance
• 12 paid holidays
• Permissive time off

GE Vernova Inc. or its affiliates (collectively or individually, "GE Vernova") sponsor certain employee benefit plans or programs GE Vernova reserves the right to terminate, amend, suspend, replace, or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a GE Vernova welfare benefit plan or program. This document does not create a contract of employment with any individual.