Strategic Sourcing Analyst sourcing high-quality parts and services for Daimler Truck. Collaborating with cross-functional teams to optimize costs and user experience in the commercial vehicle industry.
Responsibilities
Collaborate with engineering in early product development stages to understand technical requirements
Identify excellent suppliers capable of meeting design, manufacturing, and material specifications
Work together with Engineering to develop and validate strong, capable, and innovative supplier partners
Analyze and apply appropriate tools, i.e. cost models, benchmarking, competitive global sourcing, value chain analysis, supplier negotiations, engineering change cost containment, technical cost reduction, etc.
Develop business cases and sourcing recommendations considering multi-dimensional and complex tradeoffs such as optimization of total cost of ownership; local regulatory requirements vs. global platform synergies; best sourcing country vs. local-for-local production scenarios; multi-source vs. single source supplier strategies; in-house vs. external supplier supplied components
Create contractual framework and implement contracts with supplier partners and derive contract language with oversight and support from internal legal counsel
Negotiate contracts including pricing, pricing adjustments, Terms and Conditions, Long Term Agreement, Supplier Quality Agreement, Warranty Agreement, and Aftermarket Agreement with supplier partners
Lead cost optimization initiatives including, but not limited to, VAVE, de-contenting, and alternative materials
Collaborate with cross-functional business partners on a broad range of supplier related topics such as: project deliverables, capacity planning, manufacturing efficiencies, cash flow optimization, import customs and duties compliance, logistic route optimization, and warehousing
Drive data transparency to support fact-based negotiations to deliver cost target risk assessment and mitigation activities
Perform bottom-up planning for commodity and supplier-related material costs including, raw material, foreign exchange rate, and other costs such as energy and labor
Derive, negotiate, and implement risk mitigation initiatives with supplier partners
Requirements
Bachelor’s degree in Business, Economics, Engineering, Supply Chain Management, or other relevant field with at least 5 years of relevant experience
Demonstrate strong verbal and written communication skills
Ability to utilize analytical tools for supplier evaluation and selection
Strategic orientation, willingness to learn, adapt & be agile, comfort in challenging norms, dealing with ambiguity
Problem solver with a solution-focused mindset
Experience in analyzing economic and market issues that affect material costs
General technical understanding of powertrain technologies and relevant component features, materials, production processes, and cost structures
Ability to travel domestically & internationally; 10-20% travel should be expected
Exceptional Candidates Might Have
Master’s degree in Business, Economics, Engineering, Supply Chain Management
Familiarity with Engine or Axle components
Experience working with global suppliers and managing a supply base across different regions and cultures
Experience creating and negotiating contractual framework and supporting legal case preparation and argumentation
Prior Purchasing, Cost Engineering, or Finance experience
Business level proficiency with a foreign language- specifically German or Spanish
Benefits
annual bonus program
401k company contribution with company match up to 6% as well as non-elective company contribution of 3 - 7% depending on age
starting at 4 weeks paid vacation
13+ calendar holidays
8 weeks paid parental leave
employee assistance program
comprehensive healthcare plans and wellness programs
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