Advance Sourcing Analyst (Supply Chain Analyst)located in
What a typical day looks like:
- Drives sourcing/pricing strategies in materials quotations.
- Presents materials value-add to customers or suppliers.Interfaces with customer or supplier in new project start-up, for cost of ownership issues.
- Develops and guides implementation of flexibility and supply assurance plans.
- Manages component cost/price on a local, regional and global basis.
- Tracks materials financial performance and initiate corrective actions when required.
- Defines and implements pricing and costing strategies.
- Coordinate sourcing strategies with Supply Management and Customers.
- Develop and implement cost take down strategies.
- Increase Vendor Managed Inventory, Reduced Guide-Time and Electronic Data Interface penetration.
- Specialized Job controls may be required for certain positions. These could include on or more of the following duties:
Supply Management:
- Manage regional supplier contract negotiations, which includes Memorandums of Comprehension, Non-disclosure and regional pricing agreements.
- Develop and maintain supplier relationships and materials planning
- Measure and report Purchase Price Variance and initiate action plans.
- Monitor and manage supplier times.
- Mitigates shortages, excess on order and excess on hand.
- Participate on and help global and regional commodity teams.
- Supplier onboarding activities, Design Center ASLdevelopment/management
- Development of SOPs for supply chain and sourcing-adjacent processes
- Contribute information/data on top spend suppliers for quarterly scorecards.
Customer Supply Chain Management:
- Manages material cost reviews.
- Drive initiatives to improve gross material margin.
- Identify, implement and drive actions for Retained Purchase Price Variance (RPPV) optimization.
- Drive reconciliation process with customer (PPV, Premium charges, carrying costs, freight charges, excess and obsolete inventory, Non-cancelable, Non-Returnable (NCNR), etc.)
- Identify opportunities to increase turnkey business and develop materials management plan.
- Coordinate quarterly/monthly PPV hard call process.
Advance Sourcing:
- Assist in generation of sourcing and supply chain risk mitigation strategies for products in development; collaborate directly with designers to build supplier requirements and liaise with sourcing teams to recommend supplier candidates
- Drive early supplier involvement for design
- Assist Advance Sourcing Manager and design team with alternative parts proposals by working with Global Procurement and Supply Chain (GPSC) resources
- Conduct RFQs for projects in design phase, utilizing GPSC resources and expertise
- Contact suppliers directly with RFIs from designers and handle information flow in RFQ and post-selection, up to handover to production site
- Assist with supplier selection by using agreed-upon criteria and building presentable material for decision-making (e.g., scorecards)
- Maintain a development CBOM with all pertinent supply chain info (MOQ, lead times, price breaks, supplier control, etc.)
The experience we’re looking to add to our team:
- Typically requires a Bachelor's degree or equivalent experience with a minimum of 5 years of experience in finance, materials sourcing, commodity management or supply chain design/management or other related area.
- Must have an understanding of cost accounting, electronic component markets, price trends andtechnologies.
- A background in electronics manufacturing and a thorough understanding of Original Equipment Manufacturing (OEM) product development process.
- Office Skills: telephones, data entry, office software to include, word processing, spreadsheets, presentation packages, and database systems.