Commodity Sourcing Specialist - Chemical

Job Description

Commodity Sourcing Specialist - Chemical

Requisition ID: 4348

Job Location: Oak Brook - Illinois - United States

Category for Job Posting: Purchasing

Job Type for Job Posting: Full Time

About Us

Innovation. Sustainability. Productivity. This is how we are Breaking New Ground in our mission to sustainably advance the noble work of farmers and builders everywhere. With a growing global population and increased demands on resources, our products are instrumental to feeding and sheltering the world.

From developing products that run on alternative power to productivity-enhancing precision tech, we are delivering solutions that benefit people – and they are possible thanks to people like you. If the opportunity to build your skills as part of a collaborative, global team excites you, you’re in the right place.

Grow a Career. Build a Future!

Be part of this company at the forefront of agriculture and construction, that passionately innovates to drive customer efficiency and success. And we know innovation can’t happen without collaboration. So, everything we do at CNH Industrial is about reaching new heights as one team, always delivering for the good of our customers.

Job Purpose

The Commodity Sourcing Specialist is an individual contributor role that manages the purchase of high complexity production parts for CNH Industrial’s North American manufacturing plants. This position will be responsible for setting strategic direction for the assigned Chemical Commodities. Managing negotiations, and helping achieve the budget, sourcing, closing campaigns, and meeting rationalization targets. The Specialist will forecast and report economic savings performance, negotiate price reductions or increases, drive long term agreements, market test, award new business to maximize leverage, and analyze various reports to identify and cost reduction opportunities. Additionally, the specialist will support special projects as necessary to assist in delivering commodity goals. This role is approximately 50% Strategic / 50% Operational (Focus: Commodity Strategy, Benchmarking, Sourcing Council preparations, mid to upper management presentations, resourcing as needed, Technical Cost reductions, Warranty agreements, managing supplier financial distress, coordination with global teams, supplier capacity management.)

Key Responsibilities

• Lead supplier evaluation, selection, and sourcing for assigned commodities for all North American operations and/or leading/supporting global sourcing projects by working closely with the global commodity team (EMEA, LATAM, APAC).
• Programs: Support function for new product launch initiatives while developing and implementing cost reduction and sourcing strategies through leveraging parts for new platforms to meet program timing, cost, quality, delivery, and strategic objectives.
• Develops/implements supply base management strategies both regionally and globally that lead to lowest total cost in terms of quality, lead time, delivery, service and unit cost. Drives the selection of suppliers, negotiates and maintains performance to expectations.
• Negotiates, implement and manage LTA's (long term agreements) while achieving commercial savings and raw material recovery in order to meet or exceed material cost and total cost reduction objectives and while supporting organizational initiatives. Facilitates supplier/engineering VA/VE activities in order to drive product cost savings and process improvement initiatives to achieve budget performance.
• Provide leadership in and develop an understanding of and insight into the market for the commodities assigned; including industry trends, cost drivers, global pricing, lead-times, technology and manufacturing capability of company suppliers and suppliers in the market that best meet expectations and objectives. Track, monitor, and execute hedges at optimal raw material market conditions to minimize risk.

Experience Required

• Intermediate level of proficiency in Excel (to include pivot tables and v-look ups)
• Excellent verbal and written communication skills, negotiation skills, analytical and problem solving skills, and computer skills
• Excellent ability to work as a team within purchasing, other functions, and with locations worldwide
• Demonstrated strong analytical and problem solving skills
• Knowledge/experience of raw material analysis and tracking systems
• Experience in analyzing, selecting/recommending, approving and auditing suppliers for different product platforms within a multi-plant manufacturing environment, based upon supplier capability relative to designing, supporting, quality and manufacturing
• Strong negotiation background with knowledge of corporate purchasing practices and strategies that bring about closure of long-term agreements reflecting positive results that contribute to organizational/departmental goals
• Experience developing and implementing commodity strategies
• Proven experience in mitigating supplier delivery, cost, and relationship issues with positive outcome for the company
• Ability to facilitate and lead technical and commercial meetings that require multiple cross functional participants
• Internal commodity purchasing experience preferred

Preferred Qualifications

• A Bachelor's Degree in Business, Supply Chain or related field along with a minimum of 6 years of purchasing experience.
• Ability to travel up to 20% - domestic and international (majority of travel will be domestic)

Pay Transparency

The annual salary for this role is $87,000 - $115,000 plus any applicable bonus (Actual salaries will vary and will be based on various factors, such as skill, experience and qualification for the role.)

What We Offer

We offer dynamic career opportunities across an international landscape. As an equal opportunity employer, we are committed to delivering value for all our employees and fostering a culture of respect.

At CNH, we understand that the best solutions come from the diverse experiences and skills of our people. Here, you will be empowered to grow your career, to follow your passion, and help build a better future. To support our employees, we offer regional comprehensive benefits, including:

• Flexible work arrangements
• Savings & Retirement benefits
• Tuition reimbursement
• Parental leave
• Adoption assistance
• Fertility & Family building support
• Employee Assistance Programs
• Charitable contribution matching and Volunteer Time Off

Click here to learn more about our benefits offerings! (US only)

US applicants: CNH Industrial is an equal opportunity employer. This company considers candidates regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. Applicants can learn more about their rights by viewing the federal “Know Your Rights” poster here . CNH Industrial participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. You can view additional information here .

Canada applicants: CNH Industrial is an equal opportunity employer. This company considers candidates regardless of race, color, religion, sex, sexual orientation, gender identity, nationality, place of origin, disability, marital status, family status, age, or any other ground prohibited by applicable provincial human rights legislation.

If you need reasonable accommodation with the application process, please contact us at [email protected] .