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Sourcing Specialist - Senior

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Cummins Inc.

1mo ago

  • Job
    Full-time
    Expert Level
  • Logistics
  • Bangalore

AI generated summary

  • You need a degree in a relevant field, 12+ years in procurement, experience with forgings and casting, and skills in RFQ handling, supplier management, cost analysis, and global procurement.
  • You will manage sourcing activities, analyze procurement initiatives, negotiate contracts, coach team members, and build supplier relationships to optimize cost, quality, and delivery.

Requirements

  • College, university, or equivalent degree in field appropriate for the function required.
  • This position may require licensing for compliance with export controls or sanctions regulations.
  • Intermediate level of related work experience required
  • Engineering graduate with 12+ years of experience in Procurement.
  • Complete commodity Handling of Forgings (Hot & Cold), Casting commodity. Some high level knowledge of Fasteners, Stamping & Machining is preferred
  • Contact management, RFQ Handling, Price settlement & Negotiations, Supplier Relationship management experience preferred
  • Global Procurement Exposure
  • Understanding the Cost structure, should costing, Spend Analysis and strategy decision
  • Job Purchasing

Responsibilities

  • Independently carries out sourcing activities with full consideration for the impact of those activities on the end-to-end supply chain. Executes sourcing tactics of varying complexity in accordance with established category/commodity strategies reflecting the optimum cost, quality, delivery. Participates in sourcing and category commodity strategy formulation. Analyzes complex sourcing and procurement initiatives and processes in support of the delivery of cost effective and high quality goods and services. Prepares and presents to senior procurement/sourcing leadership recommendations of improvement opportunities and alternative courses of action. Ensures consistent application of sourcing procedures and processes. Supports procurement/sourcing management in activities such as price benchmarking, vendor management, industry and market analysis, process analysis, and model building. May lead a team of sourcing analysts and specialists at the business unit category and/or international procurement organization (IPO) regional level. Leads analysis projects/initiatives providing coaching to less experienced analysts and specialists. Negotiates select contracts. Develops and maintains effective relationships with suppliers to the benefit of both parties. Understands the importance of compliance and is alert to situations that can pose risk to Cummins Inc.

FAQs

What is the primary role of a Sourcing Specialist - Senior at Cummins?

The primary role is to conduct complex analysis of markets and supply chains, execute sourcing strategies, identify qualified suppliers, and maintain supplier relationships while ensuring compliance with procurement principles.

What educational background is required for this position?

A college, university, or equivalent degree in a field appropriate for the function is required. An engineering graduate is preferred.

How much experience is necessary for this position?

A minimum of 12 years of experience in Procurement is required.

Is global procurement exposure essential for this position?

Yes, global procurement exposure is preferred as it adds to the understanding and effective handling of sourcing and supplier management.

What commodities should the candidate have experience with?

The candidate should have complete handling experience of Forgings (Hot & Cold) and Casting commodity, with some high-level knowledge of Fasteners, Stamping, and Machining preferred.

Is experience with supplier relationship management important?

Yes, experience with contact management, RFQ handling, price settlement, negotiations, and supplier relationship management is preferred.

What competencies are crucial for this role?

Key competencies include action orientation, business insight, data analytics, category strategy development, cost and value management, negotiation excellence, and procurement ethics.

Will the Sourcing Specialist lead a team?

Yes, the Sourcing Specialist may lead a team of sourcing analysts and specialists at the business unit or regional level.

What is the expected approach to risk management in this role?

The Specialist should proactively mitigate risks using analysis tools and the risk mitigation playbook to manage various supplier risks, including continuity of supply and reputational risk.

Does this position allow for flexible working hours?

The role supports remote work in a hybrid format, which may allow for flexible working hours.

Are there any licensing requirements for this position?

Yes, this position may require licensing for compliance with export controls or sanctions regulations.

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Cummins Inc.

Automotive
Industry
10,001+
Employees
1919
Founded Year

Mission & Purpose

At Cummins, we empower everyone to grow their careers through meaningful work, building inclusive and equitable teams, coaching, development and opportunities to make a difference. Across our entire organization, you'll find engineers, developers, and technicians who are innovating, designing, testing, and building. You'll also find accountants, marketers, as well as manufacturing, quality and supply chain specialists who are working with technology that's just as innovative and advanced. From your first day at Cummins, we’re focused on understanding your talents, current skills and future goals – and creating a plan to get you there. Your journey begins with planning your development and connecting to diverse experiences designed to spur innovation. From our internships to our senior leadership roles, we attract, hire and reward the best and brightest from around the world and look to them for new ideas and fresh perspectives.