Job Description
Description We are looking for a talented Sourcing Analyst to join our team specializing in Purchasing for our Troy, MI location.
In this role, you will make an impact in the following ways: - Action Oriented: You'll tackle new opportunities and tough challenges with urgency, high energy, and enthusiasm, driving progress and innovation.
- Balances Stakeholders: By anticipating and balancing the needs of multiple stakeholders, you'll ensure that everyone's interests are considered, fostering collaboration and satisfaction.
- Business Insight: Applying your knowledge of business and the marketplace, you'll advance the organization's goals, making strategic decisions that benefit the company.
- Communicates Effectively: You'll develop and deliver multi-mode communications that convey a clear understanding of the unique needs of different audiences, ensuring messages are received and understood.
- Manages Conflict: Handling conflict situations effectively, with minimal disruption, you'll maintain a harmonious work environment and resolve issues promptly.
- Data Analytics: You'll discover, interpret, and communicate qualitative and quantitative data, extracting meaningful patterns and business insights that enable data-driven decisions.
- Confidential Disclosure: Protecting confidential information, you'll ensure that all interactions with suppliers are secure and compliant, safeguarding both Cummins and supplier information.
- Cost and Value Management: By establishing and controlling product and service costs, you'll ensure competitiveness in the market while preserving desired margins, utilizing Total Cost Opportunity (TCO) model methodology.
- operations.
Responsibilities To be successful in this role you will need the following: - Procurement Expertise: Develop a strong understanding of procurement processes, including placing purchase orders, managing inventory, and sourcing capital goods. Familiarize yourself with tools like Ariba IAC for managing invoices against contracts.
- Analytical Skills: Enhance your ability to analyze sourcing and procurement initiatives. This includes supporting cost-effective and high-quality goods and services delivery and providing Value Capture Summaries at month and quarter ends.
- Communication: Prepare and present recommendations for improvement opportunities and alternative courses of action to senior procurement/sourcing leaders. Effective communication will be crucial in conveying your insights and suggestions.
- Policy Adherence: Consistently apply sourcing policies, procedures, and processes. Ensure compliance with all relevant regulations and standards to maintain integrity and efficiency in procurement activities.
- Vendor Management: Support procurement/sourcing management in activities such as price benchmarking, vendor management, process analysis, market and industry research, and model building. Conduct minor contract negotiations and gather information for larger contracts.
- Document Management: Manage loading and retrieving legal and compliance documents into applicable storage systems to support regulatory, audit, and research activities. This will help ensure that all documentation is accurate and accessible.
- Six Sigma Projects: Participate in Six Sigma projects through active team membership or provision of data and market intelligence. This will help drive continuous improvement and operational excellence.
- Supplier Interaction: Interact with suppliers regarding payments and order fulfillment. Building strong relationships with suppliers will be essential for smooth procurement Education, Licenses, Certifications: College, university, or equivalent degree in field appropriate for the function required or equivalent experience required. This position may require licensing for compliance with export controls or sanctions regulations. Experience: College, university, or equivalent degree in field appropriate for the function required or equivalent experience required. This position may require licensing for compliance with export controls or sanctions regulations.
Qualifications - This is a hybrid role which requires candidate to be in office 3 days per week (Tuesday, Wednesday, and Thursday) at the Cummins Drivetrain and Braking Systems building in Troy, Michigan.
- The buyer for this role will be responsible for brake components and trailer castings
- This role has approximately $50M worth of annual spend to manage.
- Looking for candidate with some purchasing experience (internship experience is acceptable).
- The preferred qualification for the candidate is a Bachelor's degree in Supply Chain Management or Engineering.
Please note that the salary range provided is a good faith estimate on the applicable range. The final salary offer will be determined after considering relevant factors, including a candidate’s qualifications and experience, where appropriate.
Min Salary $67200
Max Salary $100800
Job Tags
Contract work, Internship, 3 days per week,