The Advanced Procurement Engineering Specialist will play a pivotal role in driving Sourcing Strategies into the Recent Product Development early in the design phase in collaboration with multi-functional teams to achieve outcomes that align with the overall objectives, Competitiveness and Speed. You will create Cost-Reduction-Opportunities in the products in Mass-Production, work with Sustaining and Engineering teams for their validations, and coordinate all activities for their implementation.
This role will
- Perform Long-Lead-Time (LLT) analysis of the Bill-of-Material (BOM), early in the Design-Phase of New Product Development.
- Identify and manage Single-Source and Sole-Source Components in the BOM under development.
- Create and maintain approved component and vendor lists in collaboration with Category Managers and Product Engineering.
- Perform Risk-Buy analysis for components to avoid delays in Product Launch.
- Identify second source components for components in the BOM
- Collaborate with Category Managers to develop sourcing strategies and drive implementation in new product developments
- Drive design-to-cost with product design Engineering in choosing most economical components through Techno-Commercial benchmarking
- Works with Design Engineering to ensure On-Time documentation and release of the component to ensure On-Time release of the POs.
- Participates in weekly Program Execution Team (PET) meetings to update actions from Procurement & Supply-Chain perspectives and coordinate support from other cross-functions.
- Create and drive Cost-Reduction-Opportunities from products in Mass-Production