Strategic Sourcing Lead - Electrical Components

Gea Group; Romeoville (IL); On-site; USD 85,000 - 105,000; Full time

Benefits offered by this job

Medical/Dental/Vision

Paid holidays & PTO

401(k) match

Tuition reimbursement

Wellness program

Employee Assistance Program

Health savings account

Job summary

GEA Group, a global engineering solutions provider, seeks a Procurement Specialist for our U.S. operations (Illinois).

You will lead sourcing strategy, supplier selection, contract management, and cost reduction, collaborating with category managers and project procurement teams to implement framework contracts and drive supplier performance. Ideal candidates hold a bachelor’s degree in engineering or economics, with procurement or supply chain certification preferred.

Qualifications

• Experience in procurement processes.
• Know-how contract management.
• Cost analysis and management.
• Cultural Awareness.
• Experience with implementation of corporate procurement.
• Work experience in complex organizations.
• Negotiation experience.
• Systems, Ariba, S2P, SAP.

Responsibilities

• Works closely with category managers of respective category and project procurement managers implementing the category strategy and linking it into the business
• Adapts and implements catalogues and framework contracts on Divisional/ regional level in compliance with guidelines
• Runs negotiations, manages RFQs, negotiations, awarding decisions and follow-up with suppliers, takes awarding decisions in line with category strategy
• Executes supplier selection along strategy, requirements, supplier base development, and identification of new suppliers
• Direct involvement in and solving of issues with suppliers (e.g., quality, delivery and service issues), etc.
• Monitors and communicates performance of suppliers
• Strives for automation and digitalization practices and tool improvement
• Ensures cost, availability, innovation, and quality within the sourcing plan creation and execution
• Ensures compliance with procurement process, policies and other statutory requirements within category
• Accountable for achieving agreed KPIs and their reporting
• Monitor and record supplier sustainability efforts
• Market Analysis: Continuously analyze the market and delivery systems to assess present and future material availability. Keep up with trends and advancements in electrical components and materials to anticipate changes in pricing or new opportunities.
• Cost Management: Work toward reducing costs and improving efficiencies in the procurement process. Develop strategies for cost reduction, such as bulk purchasing or long-term contracts, and monitor market conditions to take advantage of price dips.
• Risk Management: Assess and manage risks associated with supplier reliance and supply chain disruptions. Develop contingency plans to ensure a consistent supply of electrical components.
• Compliance: Ensure that all procurement activities comply with relevant laws, regulations, and company policies. Stay informed about changes in legislation that may impact sourcing strategies.
• Reporting and Communication: Prepare and present reports on market analysis, cost savings, supplier performance, and other metrics. Communicate effectively with management and other stakeholders regarding procurement issues and strategies.

Skills

Procurement processes

Contract management

Cost analysis

Negotiation

Supplier relationship management

Cross-cultural awareness

Education

Bachelor’s degree in engineering or economics

Tools

Ariba

S2P

SAP

Job description

GEA Group, a global engineering solutions provider, seeks a Procurement Specialist for our U.S. operations (Illinois).

You will lead sourcing strategy, supplier selection, contract management, and cost reduction, collaborating with category managers and project procurement teams to implement framework contracts and drive supplier performance. Ideal candidates hold a bachelor’s degree in engineering or economics, with procurement or supply chain certification preferred.