Eaton's IS VEH EMB division is currently seeking a Sr Commodity Buyer.

What you'll do:

PRIMARY FUNCTION:
The Senior Commodity Buyer is responsible for strategically sourcing and managing suppliers for specific commodities. This role involves negotiating contracts, analyzing market trends, and implementing cost-saving strategies. The Senior Commodity Buyer collaborates with cross-functional teams, ensures compliance with policies and regulations, and continuously seeks opportunities for process improvement within the procurement function. Strong analytical skills, negotiation abilities, and a focus on building and maintaining supplier relationships are essential for success in this role.

ESSENTIAL FUNCTIONS:
1. Develop and implement strategic sourcing plans for assigned commodities to persue cost out assinged goal
2. Proactively identifies opportunities/initiatives for cost out to assigned categories.
3. Source/resource suppliers offering the best combination of price, service and quality & manage end to end sourcing process for assigned categories regional and Global.
4. Negotiate contracts, terms, and conditions with suppliers to achieve cost savings and favorable terms. Negotiate consignment and/or JIT programs set up with supply base.
5. Independently drives the development of a pipeline of future cost-out projects.
6. Conduct market analysis and research to identify potential cost savings opportunities.
7. Generate and analyze reports related to procurement activities, supplier performance, and cost savings. Ensures mandatory due diligence is performed and accountable for reporting/tracking savings.
8. Takes ownership of assigned savings initiatives regarding maintenance of projects in the global cost out data base.
9. Uses spend information and category metrics to influence business strategy to address key cost out opportunities.
10. Provide costs and view opportunities and alternatives providing long term lowest cost solution.
11. Perform supplier market analysis, category analysis, and supply risk analysis, and develop TCO understanding, as well as the map of how sourcing process and channels work within the category, and identify improvements to be targeted.
12. Prepare and execute negotiation events seeking best cost out contracts and beneficial commercial agreements with suppliers (approved by Category Manager).
13. Ensure effective contract management follow up activities are in place (e.g. Supplier Agreements, SAP Contracts, purchasing info records, master data).
14. Take responsibility for a number of known 'problem suppliers', review history and take ownership for definition and deliver of actions to achieve a durable solution and recovery of performance. Demonstrate visibility with a detailed action and timescale plan.
15. Build and maintain strong relationships with suppliers. Evaluate supplier performance and conduct regular supplier assessments; work collaboratively with suppliers to address issues and improve overall supplier performance such Cost reduction/expedite/decommit/price discrepacies, etc.
16. Review key commodities as directed to support production requirements and Corporate Global Strategic Supply projects.
17. Monitors/Mitigates/Negotiate price increses.
18. Drives resiliency improvement actions for critical and high risk suppliers.
19. Acts as ProjectManager for cost-out projects, develops timeline of cross-functional activities, monitors and reports on project progress against financial benefit and on-time implementation goals.

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Qualifications:
• Bachelor's Degree in Business or specialized degree in purchasing/logistics. MBA Preferred.
• 3-year or more of experience Preferred in supply chain management
• Strong Communication and Presentation Skills
• Understanding of key financial metrics
• Knowledge and skills in MRP, Kan Ban, Vendor Managed Inventory
• Knowledge and experience with SAP Preferred
• Strong analytical/problem solving skills
• Contract Negotiating Skills
• Blueprint reading skills
• Bilingual (English/Spanish) required
• Knowledge

We are committed to ensuring equal employment opportunities for job applicants and employees. Our recruitment processes use balanced selection criteria and avoid unlawful discrimination against applicants on the basis of their age, colour, disability, marital status, national origin, gender, gender identity, genetic information, race or racial origin, religion, sexual orientation or any other status protected or required by law.