Sourcing Specialist  - Commodity Management

Sourcing Specialist - Commodity Management Are you a Sourcing Specialist looking for a new challenge? Would you like to shape our strategy for Sourcing? Join our innovative Sourcing Team Bring the best value in providing sourcing support for regional and global projects. Collaborate with cross functional teams to develop Indian supplier base. Partner with the best As a Sourcing Specialist - Commodity Management, you will negotiate with suppliers according to specific policies. You will ensure to achieve the best contractual conditions while also ensuring internal customer satisfaction. As a Sourcing Specialist - Commodity Management, you will be responsible for: Developing /implementing effective strategic & project sourcing actions in conjunction & alignment with global commodity leaders, business stakeholders for steel/Iron/investment castings, forgings, other assigned commodity/sub commodity segments. Identifing and finalize capable – competitive - high performing suppliers in castings (Steel/Iron/Investment castings), forgings, other assigned commodity segments for customer project orders, NPIs & Transfer of work projects, Re-sourcing (High cost suppliers to best value suppliers). Performing robust & comprehensive supplier evaluation/assessments (techno commercial, QMS, regulatory, HSE, 5S, capability/capacity/financial risks) for new & existing suppliers. Early engage with Sales/Proposals/Applications Engineering / Engineering teams to understand and support on market bids/orders. Proactively collaborate and improve cost & delivery leadtimes for parts at enquiry as well as firm order phases. Establishing robust/efficient/sustainable supply chain, operating mechanisms with existing and new suppliers to deliver Cost out /Fulfillment/Leadtime/Quality/Growth objectives of business, region. Leading /Managing RFQs, price/leadtime/terms/conditions negotiation and alignments with suppliers for purchase requisitions pertaining to customer project orders as well as for strategic initiatives. Maintaining SAP attributes (price, pay terms, incoterms, leadtimes, MoQs etc) for proper assignment of source rule to enable purchasing actions. Leading /driving contract finalization (Strategic supply agreements, VMI agreements, rebate agreements, quarterly/half yearly/annual price discount agreements etc to support business needs & objectives. Leading /driving /executing new parts sourcing, development & qualification efforts with Suppliers together with Supplier quality and Engineering teams. Measuring/Monitoring/Improving suppliers performance via scorecards and drive sustainable improvement actions plans with regional supply base for assigned commodities/sub commodities portfolio. Leading / driving supply risk mitigation efforts , provide order expediting support to purchasing function on need basis. Analyzing spend landscape/ industry & market landscape/ suppliers performance at regular intervals. Leverage Sourcing/Procurement tools, data analytics, market intelligence, business intelligence to create / manage / optimize supplier panels in alignment with Global commodity leaders & business stakeholders, Enhance regional suppliers capabilities and deliver Best Cost/Quality/Fulfillment/ESG initiatives/Growth for the business. Proactively monitor market trends, geo-political risks, technological advancements and industry best practices related to sand castings, investment castings, iron castings, forgings and other assigned commodities/sub commodities. Carry out external benchmarking, competition landscape. Recommend & Implement improvements/innovations to optimize sourcing processes, business processes/practices and metrics outcome. Establishing ( & maintain) strong relationships and mutual cooperation/alignment with suppliers and business stakeholders (Plants, Engineering, Global commodity leaders, Supplier Quality, Purchasing, Sales, Application Engineering, Product line, Project management etc) to seamlessly drive forward business objectives/ priorities. Ensuring compliance to Sourcing/Purchasing policies, QMS, Integrity / assessment guidelines while executing day to day tasks. Fuel your passion To be successful in this role you will: Have Minimum 10 years of Commodity Sourcing experience with proven performance track record. Should possess strong expertise & experience in sourcing fully finished Castings (Steel/Investment/Iron), forgings, raw materials and successfully managed high spend suppliers & strategic relationship. Should have executed Project Sourcing activities for repeat & non repeat buys, should have driven NPI sourcing / localization efforts, Re-sourcing initiatives (to improve cost – quality – delivery performance). Should have worked in global MNCs preferably from Control valves industry. Must be a holder of Bachelor/ Master's degree in Engineering from an accredited university or college plus Trainings/Certifications in Sourcing/SCM is desired. Should possess unwavering commitment to Integrity, Sourcing/Purchasing Compliance, Quality mindset, HSE consciousness while executing day to day deliverables. Should demonstrate positive work ethics and professionalism. Should possess deeper domain knowledge, strong process & systems knowledge and hands on work experience in Sourcing/Procure to Pay processes, Supplier evaluations & assessments (should have carried out audits), Contracting & Negotiations. Must have sound experience/exposure to Sourcing/Procurement analytics & tools, Costing model/techniques, SAP/ERP. Must be a strong negotiator, effective collaborator, efficient communicator, powerful presenter, change agent, visionary & proactive. Should possess technical aptitude, business & financial acumen, cost assessment, leadership skills, data analytical skills, effective/excellent power point presentation skills. Should have strong Interpersonal, Collaboration and Leadership skills. Should be able to execute multiple Sourcing / Supplier development projects & strategic initiatives simultaneously. Should have led/driven cost & lead time reduction initiatives, process improvement/simplification initiatives. Should have ability to proactively analyze and resolve problems/ risks/ crisis/ conflicts through robust collaboration & fact based approach. Should be able to influence, persuade and lead / drive stakeholders/peers/suppliers to achieve desired outcomes inline with company & functional goals/objectives/priorities. Work in a way that works for you We recognize that everyone is different and that the way in which people want to work and deliver at their best is different for everyone too. In this role, we can offer the following flexible working patterns: Working with us Our people are at the heart of what we do at Baker Hughes. We know we are better when all of our people are developed, engaged and able to bring their whole authentic selves to work. We invest in the health and well-being of our workforce, train and reward talent and develop leaders at all levels to bring out the best in each other. Working for you Our inventions have revolutionized energy for over a century. But to keep going forward tomorrow, we know we have to push the boundaries today. We prioritize rewarding those who embrace change with a package that reflects how much we value their input. Join us, and you can expect: Contemporary work-life balance policies and wellbeing activities Comprehensive private medical care options Safety net of life insurance and disability programs Tailored financial programs Additional elected or voluntary benefits The Baker Hughes internal title for this role is: Sourcing Senior Specialist - Commodity Management At Baker Hughes, we are transforming the future of energy. With operations in over 120 countries, we are developing and deploying industry-leading technologies and services to take energy forward. For more than a century, our inventions have revolutionized energy. Today, we are bringing our expertise to make oil and gas safer, cleaner, and more efficient. Our people are the trusted experts, relied on to solve customer challenges big and small. We invest in the health and well-being of our workforce, train and reward talent, and develop leaders at all levels to bring out the best in each other. We believe in creating an environment of diversity and inclusion, without bias. We know we are better when all of our people are developed, engaged, and able to bring their whole authentic selves to work. We're makers, inventors, and leaders who aren't afraid of the tough challenges. We believe pushing boundaries will help to lead the way for a new energy future.