Lead Sourcing Specialist - Raw Material and Fabrication

Wabtec Corporation

Pune, India

#R0069563

Position summary

Wabtec Corporation is a leading global provider of equipment, systems, digital solutions and value-added services for freight and transit rail. Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation and Faiveley Transport, the company has unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems. Wabtec is focused on performance that drives progress, creating transportation solutions that move and improve the world. Wabtec has approximately 27,000 employees in facilities throughout the world. Visit the company’s new website at: http://www.WabtecCorp.com.

It’s not just about your career… or your job title…it’s about who you are and the impact you are going to make on the world. Do you want to go into uncharted waters…do things that haven’t been done to make yours and someone else's life better? Wabtec has been doing that for decades and we will continue to do so! Through our people, leadership development, services, technology and scale, Wabtec delivers better outcomes for global customers by speaking the language of industry.

Role Summary/Purpose:

The Sourcing Specialist - Raw Material and Fabrication will be responsible to drive commodity strategies for India Raw material and Fabrication commodity with a clear focus on margin improvement, payment term changes, supplier relationship management, dual source development, low-cost country spend migration, cross functional project management, supplier delivery performance management and Increase in Exports from India – primarily for Transit business. This role will be responsible for strategic sourcing of parts for Transit India Business as well as exports to EMEA region across Transit business units.

Essential Responsibilities:

  • Drive margin improvement by driving deflation projects across business units by using various levers like localization, YOY Productivity Sign Off, SCRI, Should Cost, Blend Management, negotiations, Logistics cost optimization and contract management.

  • Budget adherence by analyzing multiple avenues of cost reduction, risk mitigation, spend rationalization, and prepare catch up plans as required.  

  • Liaison with global EMEA teams to facilitate RFQ execution.

  • Receive, manage and execute multiple RFQs through systematic approach.

  • Execute projects for global locations through cross functional engagement.

  • Drive cash flow improvement projects across business units by improving the payment terms with the supply base.

  • YOY improvement in exports spend from India based suppliers to Wabtec Worldwide Sites by identifying deflation opportunities.

  • Negotiate and Sign off Long Term Agreements with preferred suppliers, which defines price corrections framework for commodity and currency movements and framework for COPQ, Warranty, PTA settlements.

  • Responsible for preparing Annual Budget / IOP / STRAP for the category team.

  • Work across business units to identify synergy savings.

  • Manage strategic relationship management at senior level management by conducting structured supplier relationship management reviews.

  • Improve material availability and quality by conducting QBR reviews, recovering costs incurred associated with defects, conducting root cause analysis and implementing corrective actions related to delivery delays, eliminating premium transportation, and ensuring all purchase orders are promised in a timely manner.

  • Create short and long-term commodity strategies and influence cross functional team members.

  • Work on risk mitigating strategies by doing supplier evaluation, risk mitigation analysis, develop and execute plans.

  • Work closely with shop operations and commercial / product management teams to prioritize cost out efforts where needed on specific products and programs.

  • Drive strategic projects to leverage India supply base for exports to EMEA region.

Qualifications/Requirements:

  • Bachelor Of Engineering (Mechanical / Production).  Full Time MBA in Operations / Supply Chain would be preferred.

  • Minimum of 6 to 8 year of experience in Strategic Sourcing of Sheet Metal fabrication.

  • Willingness and ability to travel up to 25% of the time

Desired Skill Sets:

  • Ability to conduct management level relationship with suppliers.

  • Ability to negotiate long term contracts with suppliers

  • Strong project Management and Project Execution Skills.

  • IT skills with ability to manage complex data.

  • Effective problem-solving skills

  • Ability to execute projects with high sensitivity by maintaining timeline and deliverables.

  • Strategic Sourcing, Supply Chain, Product Management, or Engineering background

  • Demonstrated background of building collaborative relationships

  • Strong Communicator with excellent presentation skills

  • Ability to work with cross functional teams such as engineering, NPI sourcing, quality, services, materials etc. to achieve timely project execution

  • Ability to work with Global Supply Base

  • Ability to manage global stakeholders. 

  • Welding knowledge.

Wabtec Corporation is committed to taking on the world’s toughest challenges. In order to fulfill that commitment we rely on a culture of leadership, diversity and inclusiveness. We aim to employ the world’s brightest minds to help us create a limitless source of ideas and opportunities. We believe in hiring talented people of varied backgrounds, experiences and styles…people like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know.

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About the company

Industry: Industrial: Equipment Manufacturing

At Wabtec, we are in the business of realizing potential. Our employees are the architects of the future. Go just about anywhere and you’ll find us. If you want to move and improve the world, start here.