Lead Sourcing Specialist Commodity Management

Job Description Summary Negotiate with dedicated providers according to specific policies. Achieve the best contractual conditions while also ensuring internal customer satisfaction. In-depth understanding of key business drivers; uses this understanding to accomplish own work. In-depth understanding of how work of own team integrates with other teams and contributes to the area Job Description Site Overview: Our Multi-modal Manufacturing Facility (MMF) in Pune plays a crucial role in manufacturing key aerospace components, supporting not only India's defense and commercial sectors but also global aviation supply chains. Our relationships with Indian suppliers, combined with our world-class local facilities and global reach, continue to shape India's aerospace ecosystem. Roles & Responsibilities: Sourcing Strategy Development: Develop and implement sourcing strategies aligned with current & new product development goals, considering factors such as cost, quality, availability, and supplier capabilities. Supplier Identification : Identify and qualify suppliers capable of meeting the requirements of current & new product introductions. Conduct assessments to evaluate suppliers' capabilities, quality systems, and capacity. Negotiation and Contracting: Lead negotiations with suppliers to secure favorable terms and conditions for materials and services required for new product introductions. Draft and execute contracts to formalize agreements with selected suppliers. Cost Management: Drive cost management initiatives to optimize total landed cost and achieve cost reduction targets for new products. Supplier Relationship Management: Build and maintain strong relationships with key suppliers to ensure alignment with business objectives and promote collaboration for continuous improvement. Risk Management: Proactively identify and mitigate risks related to sourcing, supply chain disruptions, and supplier performance that could impact new product introductions. Project Management: Coordinate cross-functional activities and timelines related to sourcing and procurement to support the successful launch of new products. Continuous Improvement: Use of Flight Deck to drive continuous improvement initiatives within the sourcing function to enhance efficiency, reduce lead times, and improve overall performance. Build strategies to establish suppliers relations globally and in the region, increase deflation by negotiating with suppliers year on year, localizing parts or BCC sourcing with reduced lead time, best pay plus other terms & VMIs etc. Monitor, forecast, and develop strategies to capitalize on macroeconomic and industry trends impacting the assigned commodity and business in region to minimize total material costs, ensure material availability, capacity, and quality Work with cross functional team members for high performance and able to drive accountable work culture, retaining and motivating diverse perspective and culture. Ensure competitive prices during pre-bids/NPIs and execute on time by getting released POs to preferred suppliers, be part of product development cycle and able to deliver sourcing deliverables. Hands on experience on aviation quality system related to suppliers. Cost reduction strategies during the execution of projects to meet the deflation year over year target for the business keeping Aviation quality system norms. Interact with site teams to understand business needs and develop supply chain strategies that optimize total requirements Collaborate with supporting resources (engineering, quality, global supply chain ) to achieve plan including lead time reductions, cash enhancement, VMI etc. Participate in Global sourcing initiatives to leverage best practices: partner with corporate commodity leaders, sourcing leaders, and peers to maximize synergies and global suppliers Ideal Candidate: Candidates with the good exposure into Strategic Sourcing experience, Costing, Long Term Agreement Experience, Negotiation Skills and Fluet Communication. Required Qualifications: Master's / MBA degree preferred plus Bachelor's Engineering Degree preferably Mechanical Minimum 8-12 years of industry experience with exposure to aviation sourcing, Automotive, Global organization. Ability and willingness to travel as required. Excellent project management skills with the ability to prioritize and manage multiple projects simultaneously. Proficiency in supplier evaluation, selection, and relationship management. Knowledge of supply chain best practices, industry trends, and emerging technologies. Preferred Qualifications : Experience with ERP systems and sourcing tools is desirable.. Experience in working with aviation global sourcing team Ability to perform scenario analysis and strategy development CPIM or APICS certification preferred- Not mandatory Green Belt / Black Belt Certified Closing Whether we are manufacturing components for our engines, driving innovation in fuel and noise reduction, or unlocking new opportunities to grow and deliver more productivity, our GE Aerospace teams are dedicated and making a global impact. Join us and help move the aerospace industry forward. Additional Information Relocation Assistance Provided: Yes At GE Aerospace, we invent the future of flight, lift people up, and bring them home safely. We are a world-leading provider of jet engines, components, and integrated systems for commercial and military aircraft. At GE Aerospace, respect for people is core to our culture and commitment to FLIGHT DECK, our proprietary lean operating model. We attract, develop, and retain industry-leading talent from all backgrounds and cultivate communities where people are respected and empowered to reach their fullest potential. For the people of GE Aerospace, their work isn't just a job. It's their passion and purpose. We work and win as one team, accountable to each other and our customers, and we are always finding a better way to climb higher together. We were meant to fly.