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Sourcing Specialist II - Purchasing Parts

Sourcing Specialist II - Purchasing Parts

CNH Industrial N.VRacine, WI, US
10 days ago
Job type
  • Full-time
Job description

Sourcing Specialist II - Purchasing Parts

Innovation. Sustainability. Productivity. This is how we are Breaking New Ground in our mission to sustainably advance the noble work of farmers and builders everywhere. With a growing global population and increased demands on resources, our products are instrumental to feeding and sheltering the world.

From developing products that run on alternative power to productivity-enhancing precision tech, we are delivering solutions that benefit people and they are possible thanks to people like you. If the opportunity to build your skills as part of a collaborative, global team excites you, you're in the right place.

Grow a Career. Build a Future!

Be part of this company at the forefront of agriculture and construction, that passionately innovates to drive customer efficiency and success. And we know innovation can't happen without collaboration. So, everything we do at CNH Industrial is about reaching new heights as one team, always delivering for the good of our customers.

Job Purpose

The Sourcing Specialist II - Parts and Service is an individual contributor role responsible for setting strategic direction for the assigned commodity, managing negotiations, and helping achieve the budget, sourcing, closing campaigns, and meeting rationalization targets. The Specialist will forecast and report economic savings performance, negotiate price reductions or increases, drive long term agreements, market test, award new business to maximize leverage, and analyze various reports to identify and cost reduction opportunities. Additionally, the Specialist will support special projects as necessary to assist in delivering commodity goals. This role is approximately 70% Strategic / 30% Operational (Focus : Commodity Strategy, Benchmarking, Sourcing Council preparations, mid to upper management presentations, resourcing as needed, Technical Cost reductions, Warranty agreements, managing supplier financial distress, coordination with global teams, supplier capacity management.)

Key Responsibilities

  • Lead supplier evaluation, selection, and sourcing for assigned commodities for all North American Parts and Service operations and / or leading / supporting regional sourcing projects by working closely with the global commodity team (EMEA, LATAM, APAC).
  • Programs : Support function for new product launch initiatives while developing and implementing cost reduction and sourcing strategies through leveraging parts for new platforms to meet program timing, cost, quality, delivery, and strategic objectives.
  • Develops / implements supply base management strategies regionally that lead to lowest total cost in terms of quality, lead time, delivery, service, and unit cost. Drives the selection of suppliers, negotiates, and maintains performance to expectations.
  • Negotiates, implements, and manages LTA's (long term agreements) while achieving commercial savings and raw material recovery to meet or exceed material cost and total cost reduction objectives and while supporting organizational initiatives. Facilitates supplier / engineering VA / VE activities to drive product cost savings and process improvement initiatives to achieve budget performance.
  • Provide leadership in and develop an understanding of and insight into the market for the commodities assigned, including industry trends, cost drivers, global pricing, lead-times, technology and manufacturing capability of company suppliers and suppliers in the market that best meet expectations and objectives. Track, monitor, and execute hedges at optimal raw material market conditions to minimize risk.

Experience Required

  • A Bachelor's Degree in Business, Supply Chain or related field plus minimum 3 years of purchasing experience. In lieu of Bachelor's degree will consider Associates Degree as specified plus minimum 5 years purchasing experience or High School Diploma plus 7 years purchasing experience.
  • Intermediate level of proficiency in Excel (to include pivot tables and v-look ups) and PowerPoint
  • Ability to travel domestically up to 20%
  • Pay Transparency

    The annual salary for this role is USD $75,000 - $124,000 plus any applicable bonus (Actual salaries will vary and will be based on various factors, such as skill, experience and qualification for the role.)

    What We Offer

    We offer dynamic career opportunities across an international landscape. As an equal opportunity employer, we are committed to delivering value for all our employees and fostering a culture of respect.

    At CNH, we understand that the best solutions come from the diverse experiences and skills of our people. Here, you will be empowered to grow your career, to follow your passion, and help build a better future. To support our employees, we offer regional comprehensive benefits, including :

  • Flexible work arrangements (Hybrid 3 days / week onsite, 2 days remote)
  • 15 Paid Holidays
  • Savings & Retirement benefits (above industry standard)
  • Tuition reimbursement
  • Parental leave
  • Adoption assistance
  • Fertility & Family building support
  • Employee Assistance Programs
  • Charitable contribution matching and Volunteer Time Off
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