The Commodity Specialist will seek the optimum balance between cost, quality and time requirements with manufacturing/process engineering knowledge, cost estimating, cost control, cost forecasting, investment appraisal and risk analysis throughout product and design life cycle. The role will be responsible for sourcing excellence and cost reduction opportunities with a strategic mindset and approach. The Cost Engineer will have high visibility and growth potential In-Direct Procurement role working on global commodities with key stakeholders including those at the highest levels in the company.
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General Responsibilities
• Key participant in collaboration with functional areas to populate sourcing events, making decisions on sourcing event structure, supplier pool, selection criteria and event outcome criteria
• Key participant in activities as required cross-functionally, including Planning, Engineering, Quality, Programs, Finance, Legal and Manufacturing
• Responsible for the continuous development of the Procurement function towards the best practices
• Delivers corporate aligned procurement objectives supporting total company strategic vision
• Key participant in supplier risk assessments, risk management and disaster recovery planning
Experience / Qualifications
• A university degree and 2-4 years of experience (i.e. Bachelors degree) or a graduate degree and 0-2 years of experience (i.e. Masters degree)
• Must be a team player able to work in a fast-paced environment with demonstrated ability to handle multiple competing tasks and demands
• Strong communication skills; oral, written and presentation
• Strong organization, planning and time management skills to achieve results
• Strong personal and professional ethical values and integrity
• Holds self-accountable to achieving goals and standards
• Proficient in Microsoft Office programs (Outlook, Word, PowerPoint, and Excel)
• Strong interpersonal & collaboration skills to work effectively with all levels of the organization including suppliers and/or external customers
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Identify, manage, and realize cost reduction opportunities within the supply chain of electronic and mechanical components, including stampings and injection molding processes, and required tooling Consolidate and establish cost reduction forecast for the annual plan, quarter and monthly financial update for make site and business division Set cost targets for NBO, NPD and M&A as well as identify cost reduction opportunities for existing products Identify labor, material, and time requirements by analyzing supplier quotes, blueprints, 3D models, specifications, and related documents Support manufacturing process improvement projects to reduce cycle time, material usage, and manufacturing cost Proactively identify risk mitigation opportunities to improve manufacturability of components, and enable manufacturing process improvements Subject matter expert and process engineer leader on A-List new product development global project teams Ensures correct material/components are used in design according to product/component specifications Collaborate with suppliers and contract manufacturers to ensure processes are capable, have enough controls in place to meet our cost targets Evaluate Sensata’s and supplier’s technical capabilities including, tooling design, build experience, maintenance program, processes and process controls, cell automation – if required, quality control systems, and materials knowledge Develop and execute cost engineering process for Sensata globally, including the development of should cost models, as well knowledge sharing with coworkers and customers in cost engineering best practices Lead software automation improvements in aPriori, SharePoint, Power BI and projects like Price Index Database project Collaborate with buyers, quality engineers, SPMs, and PMTs to select the best suppliers based on on-time delivery, quality and cost Key participant in activities as required cross-functionally, including Planning, Engineering, Quality, Programs, Finance, Legal and Manufacturing Responsible for the continuous development of the Procurement function towards the best practices Delivers corporate aligned procurement objectives supporting total company strategic vision Key participant in supplier risk assessments, risk management and disaster recovery planning Leads cross functional teams in support of RFQ & RFI Process and supplier selection Collaborate to define sourcing strategy for optimum material cost -
Collaborating at Sensata means working with some of the world’s most talented people in an enriching environment that is constantly pushing towards the next best thing.
Employees work across functions, countries and cultures gaining new perspectives through mutual respect and open communication.
As OneSensata, we are working together to make things work together
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