Purchasing Specialist (Electronics) Job in Leesburg, Florida US
Purchasing Specialist (Electronics)
HOW YOU WILL CONTRIBUTE: · Responsible for managing the electronics category for the Global Faucets business unit. Create and maintain the category sourcing strategy and performance of suppliers of electronic components, high level assemblies, and service parts. · Purchase and negotiate materials and/or services from suppliers. Prepares and evaluates supplier quotations and services to determine most competitive solution based upon a total cost of ownership. Independently conducts multiple complex sourcing projects. Ideal candidate will have experience with the global Electronics markets and suppliers and will understand the cost elements, market drivers, forecasting methods, modeling tools, and statistical analysis to develop and drive strategic sourcing of this category. High level of procurement expertise is required to develop, implement, and publish category strategies that result in an aligned supply base to meet the needs of the business on a global basis. · Work with product Marketing and Engineering to communicate and implement product lifecycle changes due to regulation changes or component obsolescence. · Manage the design and implementation of category strategies to attain year over year material cost reduction (PPV/MPV), material quality/delivery improvements and inventory reduction targets through the use of appropriate supply chain tools. · Lead the strategic sourcing process of team formation, research, evaluation, and structure. This initiative will include RFQ development, quotation reviews (traditional and on-line reverse auctions), supplier/contract negotiations and supplier development. Lead sourcing meetings with cross-functional teams. · Maintain a working knowledge of world-class supply chain processes to ensure that existing processes are targeted to attain excellence versus industry benchmarks. Lead best cost country supply base in implementation of eCommerce tools to automate transactions, bring flexibility and transparency to the supply chain. · Take assignments for special purchases from concept to contract or recommend discontinuance based on sound analysis of fact. Assisting and/or leading in negotiations for product deemed necessary to support international development markets. · Research, develop and maintain a matrix of cost impacts and purchase agreement contracts. · Drive continuous improvement in the quality of product contracts. Research current contracts and outside sources for ?best practice? articles to be incorporated into current and/or future negotiated contracts. Build a dialogue with Legal to establish rapport and encourage continuous improvement of product contracts. · Analyze trade reports and periodicals regarding market trends and changes alerting appropriate personnel to potential or imminent problems/opportunities. · Collaborate with Purchasing management and staff to develop and implement commodity programs and procurement strategies.