Job Information
GE Vernova Commodity Sourcing Lead (m/f) in Bengaluru, India
Job Description Summary
The Commodity Sourcing Lead will demonstrate accountability for functional, business, and broad company goals. In this role you will negotiate with dedicated supplier partners according to specific policies. Achieve the best contractual conditions while also ensuring internal customer satisfaction. In-depth understanding of key business drivers; uses this understanding to accomplish own work. You will integrate and develop processes that meet business needs across the organization, manage complex issues within functional area of expertise, be involved in long term planning, and contribute to the overall business strategy.
Job Description
Roles and Responsibilities
Manage a global spend of over around $30M on Fluid Systems commodities (Skids, valves, pumps, heat exchangers, filters, etc) and develop/manage sourcing strategy for the assigned commodity to achieve variable cost productivity, cash flow, and controllership goals with SQDC mindset.
Steer/Support the global supplier selection, qualification, development, and overall supplier management, including managing the entire contract life cycle.
Minimize GE risk exposure, by working closely with Projects and Contracts (Commercial, Legal, Commodity Sourcing, Engineering) teams to ensure customer flow downs are pass-through to suppliers.
Drive strategy development with the tactical execution necessary to execute cost reduction projects through contract negotiation, process changes, and implementation of sustainable cost controls, including collaboration with Finance to validate the impact of projects and contract negotiations to the general ledger
Develop technical and market expertise in global commodity area
Leverage Lean and Six Sigma tools to drive process improvements and waste elimination. Create and enforce business policies to meet business targets and customer needs, including improving procurement processes and optimizing Sourcing resources to enhance the customer experience with Sourcing. Interface with other GE business sourcing teams and participate in companywide strategic sourcing initiatives.
Team with engineering teams to identify and implement direct material productivity ideas to minimize total cost
Work closely with engineering, buyers and sourcing quality engineers to ensure fulfillment and quality requirements are achieved
Team with logistics and commercial teams to ensure adequate regional capacities exist to minimize transportation costs and meet localization requirements
Aligning closely with cross functional leaders to identify and assess supplier capabilities, and measure and manage supplier performance
Negotiate lowest possible cost while maintaining the highest quality of goods and services
Required Qualifications
This role requires advanced experience in the Sourcing & Commodity Management. Knowledge level is comparable to a Bachelors degree from an accredited university or college.
Advanced experience in strategic sourcing in the field of Sourcing, Supply Chain or Engineering.
Prior sourcing experience in negotiating, identifying opportunities, selecting suppliers, sourcing strategy, and implementing contracts (T&Cs negotiations)
Fluent English knowledge.
Eligibility:
- Successful applicant will be legally eligible to enter into an employment relationship under the laws of Hungary. (Europe only).
Desired Characteristics
Master’s Degree would be added advantage
Prior experience in driving lean six sigma projects
Prior GE Leadership program experience, such as OMLP, FMP, CAS.
Strong quantitative and data research skills to solve problems, challenge status quo and drive business impact.
Strong project management and process improvement skills. Change agent with ability to influence at all levels of the organization
Strong oral and written communication skills
Strong interpersonal and leadership skills
“For U.S. based candidates only, for purposes of complying with U.S. pay transparency requirements, the base pay range for this position is $ 82,900- $138,100 . The specific pay offered may be influenced by a variety of factors, including the candidate’s experience, education, and skill set. This position is also eligible for 10 % performance bonus/variable incentive compensation/equity.
*The company pays a geographic differential of 110%, 120%, or 130% of salary in certain areas.
This posting is expected to close on July 12, 2024 or when suitable candidate identified.
Benefits Available to You:
GE employees rise to the challenge of building a world that works. In order to meet this mission, we provide varied, competitive benefits to help support our workforce: https://jobs.gecareers.com/global/en/ge-career-benefits
Our compensation & benefits are designed to help you manage your personal and family needs, while rewarding high performers. We offer a robust benefits package depending on your employment status and your national requirements.
A healthy, balanced lifestyle can mean different things to different people. We've created programs that support the way you live and work today.
GE invests to provide opportunities to grow your career by providing a path for continued on-the-job learning and development .
Healthcare benefit s include medical, dental, vision, and prescription drug coverage; access to a Health Coach, a 24/7 nurse-based resource; and access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling, and referral services.
Retirement benefits include the GE Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants.
Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness
Healthcare benefits include medical, dental, vision, and prescription drug coverage; access to a Health Coach, a 24/7 nurse-based resource; and access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services. Retirement benefits include the GE Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants. Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness.
General Electric Company, Ropcor, Inc., their successors, and in some cases their affiliates, each sponsor certain employee benefit plans or programs (i.e., is a “Sponsor”). Each Sponsor 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 Sponsor’s welfare benefit plan or program. This document does not create a contract of employment with any individual.
Additional Information
GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer (https://www.eeoc.gov/sites/default/files/2022-10/22-088_EEOC_KnowYourRights_10_20.pdf) . 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 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