Lead Commodity Management Specialist
Wabtec Corporation
Pune
53m ago

Wabtec Corporation is a leading global provider of equipment, systems, digital solutions and value-added services for freight and transit rail.

Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation and Faiveley Transport, the company has unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems.

Wabtec is focused on performance that drives progress, creating transportation solutions that move and improve the world.

Wabtec has approximately 27,000 employees in facilities throughout the world. Visit the company’s new website at : http : / / www.

WabtecCorp.com. It’s not just about your career or your job title it’s about who you are and the impact you are going to make on the world.

Do you want to go into uncharted waters do things that haven’t been done to make yours and someone else's life better? Wabtec has been doing that for decades and we will continue to do so! Through our people, leadership development, services, technology and scale, Wabtec delivers better outcomes for global customers by speaking the language of industry.

Role Summary / Purpose : The Lead Engineered Systems, Commodity Manager will be responsible for the commodity strategy including supplier management and performance.

In addition, the Lead Commodity manager will own the budget and frame agreements for the commodity. The role holder will also act as Sourcing Program Lead for the team.

Essential Responsibilities : Commodity & Supplier Management : Establish the strategy for Engineered Systems commodity including identifying supply options for localization of import buy.

Develop technical and regional supplier market intelligence. Collaborate with suppliers and engineering to identify alternative / cost competitive technology options available in the region.

Build, qualify, develop and manage the regional supplier panel including rationalization. Define and deploy supplier risk assessments including sole, single and dual sourcing plans.

Drive supplier performance reviews. Supplier Relationship Management : Manage relationships with regional suppliers and be the key point of contact.

Drive and monitor selection process of new suppliers. Budget / Forecast : Take ownership of commodity deflation targets during annual budget / STRAP process Build forecast and budget for the Engineered Systems commodity.

Create a weekly performance tracker to monitor commodity Run-rate Vs Projections Monitors producer price index savings on a monthly basis and drives action plans.

Request for Quotes (Off Cycle & Serial Life) : Manages RFQ, offer evaluation, negotiation and contracting : frame agreements, off cycle and serial life contacts.

Optimizes PO payment terms implements supplier payment process automation. Operational : Manage key sourcing operational deliverables e.

g. - Sourcing Rules, SPF updates, contract compliance including YoY deflation & bank Guarantee execution & renewal. Manage Supplier On-boarding and readiness for sample & serial production Represent commodity in weekly product / BOM change meetings Launch all PPAP Qualifications for new components (NPI) and pulse with quality team to drive execution timelines to meet project cut-in .

Work closely with Fulfilment on resolving any quality related concerns & Warranty recovery Work closely with Wabtec service sites to manage supplier service levels & on-site support Update & manage global sourcing projects in Nucleus tool Drive sourcing competitiveness for existing and standard parts.

Responsible for re-sourcing in serial life. Responsible for contract amendments and re-negotiations. Fulfillment Issues resolution - Intervenes in major supplier issues once escalated Project Sourcing : Provides supplier vendor list to project buyers.

Responsible for contracting suppliers that are new for the site. Contributes to final negotiations, ensuring leverage of scale affect across other ongoing projects.

Validates supplier selection from project buyers and participates in the Project Sourcing Committee. Program Management for India program : Represent Sourcing as the program lead in all cross functional discussions and take accountability for Sourcing actions / deadlines.

Interact with commodity leaders to track sourcing deliverables / timelines. Act as the focal point for all sourcing performance reporting & tie off with Finance.

Own and present Sourcing performance numbers across different commodities and report in weekly / monthly reviews Work closely with finance as the sourcing point person for annual Standard setting & Operating plan / STRAAP Ensuring YOY deflation is managed across all commodities Ensuring BG update / renewals on time, compliance to MSME norms Qualifications / Requirements : Bachelor’s degree from an accredited university or college OR 8+ years of experience in Sourcing / Procurement, Program Management, or Supply Chain Minimum of 3 years' additional experience in Sourcing Willingness and ability to travel up to 25% of the time Desired Characteristics : Self-starter with proven ability to take on spend and supplier ownership Ability to lead projects with a sharp execution focus involving tight project deadlines Ability to create & leverage cross functional relationships to drive outcomes for the team Proven financial, quantitative and data analysis skills Familiarity with Sourcing Systems Wabtec Corporation is committed to taking on the world’s toughest challenges.

In order to fulfill that commitment we rely on a culture of leadership, diversity and inclusiveness. We aim to employ the world’s brightest minds to help us create a limitless source of ideas and opportunities.

We believe in hiring talented people of varied backgrounds, experiences and styles people like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status.

If you have a disability or special need that requires accommodation, please let us know.

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