Supports target setting and cost/cash program funnel to meet and/or exceed company annual targets
Influences senior stakeholders across the business where necessary to drive collaborative, high performance culture
Supports the business and reports regarding negotiations, supplier selection in projects, supplier panel optimization, ratio projects, cost reduction development, supplier development, initiated sourcing decisions, etc.
Supports planning and forecasting in agreement with Lead Buyer and/or material group manager
Manages RFQs and price estimations in customer or market projects and in serial production for his/her commodity
Initiates and manages re-sourcing, dual sourcing and continuous improvement activities (cost reduction) and supports Ratio Project Management
Actively supports and acts in close collaboration by providing “in-time” price
and other project relevant information, e.g. sourcing status, supplier feedback on timing and specification
Strives for optimal value delivery, securing best pricing, service level agreements, business continuity and risk mitigation, and drives best in class commercial terms
Outlines sourcing decision recommendations through objective data analysis following negotiations
Contract management over supplier / parts lifetime for all contracts in his/her responsibility
Organizes Technical Reviews with cross functional departments; such as RD/Engineering