Procurement Product Cost Manager at Rolls - Royce driving cost reduction projects and managing financial forecasting. Collaborating with internal teams to deliver strategic cost mitigation.
About the role
- Sourcing Specialist managing supplier relationships and procurement strategies for Group O’s operations. Responsible for negotiation and supplier performance management.
Responsibilities
- Identify potential suppliers through market research, industry networks, and trade shows.
- Evaluate suppliers based on quality, cost, reliability, and delivery capabilities.
- Negotiate terms and conditions, including pricing, delivery schedules, and payment terms to achieve the best value for the company while maintaining quality standards.
- Manage documentation related to suppliers and quotes and regulatory compliance.
- Monitor supplier performance through key performance indicators (KPIs) and metrics.
- Address and resolve any issues related to quality, delivery, or cost.
- Setup and maintain item information, supplier information, and load and maintain supplier costs in the Enterprise Resource Planning (ERP) system.
- Collaborate closely with internal teams to align sourcing strategies with business needs and objectives.
- Identify opportunities for process improvements in the sourcing and procurement cycle, leveraging industry best practices and innovative solutions.
- Stay informed about market trends, pricing fluctuations, and supply chain innovations to proactively adjust sourcing strategies.
Requirements
- High school degree
- Related experience in sourcing, procurement, or supply chain management.
- Meticulous mindfulness in reviewing contracts and supplier evaluations.
- Ability to build and maintain strong relationships with suppliers and internal stakeholders.
- Capacity to develop and implement effective sourcing strategies.
- Flexibility to adapt to changing market conditions and company needs.
- Commitment to ethical sourcing practices and compliance with regulatory requirements.
- Strong verbal and written communication skills
- Basic user abilities in Microsoft Office Suite
- Ability to learn and work with Enterprise Resource Management (ERP) software.
- Strong customer service, organization, and negotiation skills
- Excellent math skills
Benefits
- Medical, Dental, Vision, and Life Insurance
- Flexible Spending Accounts (Medical and Dependent Care)
- 401(k) Plan with Company Match
- Generous Paid Time Off
- 10.5 Paid Holidays
- Career Development Opportunities
Job title
Job type
Experience level
Salary
Degree requirement
Tech skills
Location requirements
Lead Category Manager driving sourcing for Enterprise Labor categories at Stanley Black & Decker. Developing global strategies and negotiating high - value contracts with suppliers.
Senior Software Procurement Manager negotiating and managing high - value software contracts for Geotab. Ensuring compliance while achieving the best total cost for software procurement decision - making.
Contract Management Expert managing IT vendor and supplier contracts for Public Group. Lead negotiations and optimize contract processes ensuring business synergies.
Purchasing Project Manager for product launches at Grupo Boticário. Overseeing purchase flows and ensuring compliance with launch deadlines while managing supplier relations.
Sourcing Specialist supporting Quebec teams in identifying and engaging IT talent. Collaborating closely to ensure a professional candidate experience while driving successful recruitment mandates.
Senior Consultant providing expertise in recruitment and selection processes for Absa in Johannesburg. Coordinating candidate engagement and ensuring compliance with recruitment policies and procedures.
Bespoke Procurement Specialist managing energy supply contracts for SE First clients. Liaising with clients to develop procurement strategies and ensure successful contract implementations.
Lead Buyer - Strategic Sourcing overseeing procurement processes for STIHL. Collaborating with suppliers and negotiating contracts to ensure quality and cost - effectiveness.
Lead Procurement Business Partner overseeing strategic procurement and cloud financial management for Snyk. Ensuring alignment with R&D’s technical roadmap to optimize engineering velocity and spend.