Strategic Sourcing Specialist

Website CNH Industrial

Job Highlights

Title Strategic Sourcing Specialist
Type Full Time
Experience Required
Function Production
Location Oak Brook, IL, United States
Company CNH Industrial

Company Profile

CNH Industrial delivers advanced equipment and services for agriculture and construction, enhancing productivity and sustainability. Their solutions include machinery, digital tech, and personalized after-sales support to meet customer needs globally.

Job Profile

The company is searching for a Strategic Sourcing Specialist who will support the purchase of high complexity production parts for 10 North American manufacturing plants for the North American Metallic commodity group, specifically Aluminum & Steel Castings, Counterweight, and Sintered Material for the fabrication and welding of our Next Gen Combine, Next Gen Sprayer, and Tractor products.

Education Level

  • Requires a Bachelor’s Degree in supply chain, business administration, logistics, or a directly related field plus 2 years of experience as a Sourcing Specialist, Purchasing Specialist, or related occupation.

Work Experience

The 2 years of experience must include 2 years of experience with each of the following:

  • Analyzing reports to identify cost reduction opportunities;
  • Conducting market tests and forecasting economic savings performance;
  • Coordinating with global teams and supplier capacity management;
  • Facilitating supplier and engineering VA/VE (Value Analysis and Value Engineering) activities;
  • Negotiating price reductions and increases;
  • Negotiating with suppliers and purchasing parts for an original equipment manufacturer;
  • Negotiating, implementing, and managing LTAs (long-term agreements);
  • Tracking, monitoring, and executing supply chain projects.

Duties/Responsibilities

  • Setting strategic direction for the assigned Metallic commodity, participating in negotiations, helping achieve the budget through managed cost reduction initiatives, sourcing and closing campaigns, and meeting supplier rationalization targets, forecasting and reporting economic savings performance, negotiating price reductions or increases, driving long term agreements, conducting market test, awarding new business to maximize leverage, and analyzing various reports to identify cost reduction opportunities, and supporting special projects as necessary to assist in delivering commodity goals, working closely with the global commodity team (EMEA, LATAM, APAC).
  • Supporting functions 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.
  • Developing and implementing supply base management strategies both regionally and globally that lead to the lowest total cost in terms of quality, lead time, delivery, service, and unit cost.
  • Driving the selection of suppliers and negotiating and maintaining supplier performance to expectations.
  • Negotiating, implementing, and managing LTAs (long-term agreements) while achieving commercial savings and raw material recovery to meet or exceed material cost and total cost reduction objectives, and supporting the organization.
  • Facilitating supplier/engineering VA/VE (Value Analysis and Value Engineering) activities to drive product cost savings and process improvement initiatives to achieve budget performance.
  • Providing leadership in developing 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.
  • Tracking, monitoring, and executing hedges at optimal raw material market conditions to minimize risk.
  • Telecommuting is permitted up to three days per week.

Skills/Knowledge/Abilities

  • Data analysis and decision-making
  • Market analysis and cost optimization
  • Negotiation and contract management
  • Strong communication and teamwork
  • Supplier relationship management

Work Environment

  • Collaborative, team-oriented environment
  • Frequent communication with suppliers and stakeholders
  • Office-based, with occasional travel
  • Requires long hours during peak times
  • Tight deadlines and high-pressure situations

Benefits/Perks

  • Adoption assistance
  • Charitable Contribution Matching and Volunteer Time Off
  • Employee Assistance Programs
  • Fertility and Family Building Support
  • Flexible work arrangements
  • Parental leave
  • Savings and Retirement benefits
  • Tuition reimbursement

Employer’s Statement

CNH Industrial is an Equal Opportunity Employer.

To apply for this job please visit careers.cnh.com.

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