Procurement Strategist
5 days ago
Unlock your potential at TE Connectivity Corporation, where you will work with a diverse team of professionals to create a safer, more sustainable and connected world.
Job OverviewOur Strategic Sourcing Teams develop and implement multi-year strategies for assigned commodities, suppliers and parts/services to achieve established goals in supplier quality, delivery, price and service. They align strategy and execution with cross-functional partners such as engineering, manufacturing, product management and functional owners. They execute the competitive bid, negotiation, contracting processes and/or technical continuous improvement for assigned commodities or services; collaborate across Business Units and cross-regions for optimal TE leverage. Our teams demonstrate a high level of expertise in procurement competencies (business/supply chain acumen, negotiation, sourcing strategy development and execution, global savvy, and project and product lifecycle management) and ensure results are delivered compliant with TE policies and procedures.
Key Responsibilities- Create a supplier sourcing strategy that defines strategic suppliers into grow, fix and exit suppliers and maintains product footprint, incl. 'make or buy'-analysis.
- Develop suppliers per business requirement with cross functions.
- Drive the attainment and improvement of relevant procurement KPIs, incl. Material Productivity (CMP), Lead time performance, delivery (STR/STC), and Quality (DLPM).
- Responsible for improving material productivity by maintaining 125% material pipeline, CMP, TEBIT and WAV analysis.
- Drive cost reduction opportunity with engineering team, lead VA/VE projects.
- Responsible for contracting of supplier commercial agreements, incl. bailment, inventory management and supply agreements.
- Responsible for preparing RFQs, utilizing E-Tools, awarding new business and negotiation all raw materials, components, and tooling.
- Lead the optimization of the Supplier Footprint, incl. setup of new suppliers, reducing number of suppliers and resourcing activities.
- Collect and maintain capabilities and capacities of suppliers to avoid constraints.
- Accountable for info record and PO accuracy and communicate relevant data to tactical buyer, incl. lead time, price and MOQ.
- Responsible for conducting QBRs with strategic suppliers and drive corrective actions.
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