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Sourcing Specialist

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GE Aerospace

19d ago

  • Job
    Full-time
    Senior & Expert Level
  • Logistics
  • Pune

AI generated summary

  • You need a Bachelor's in Mechanical/Production Engineering, 6-10 years in Sourcing, and strong knowledge of aviation products. Willingness to travel is required.
  • You will negotiate with suppliers, manage contracts, execute sourcing strategies, assess risks, monitor performance, and collaborate with teams to reduce costs and enhance supplier relationships.

Requirements

  • Bachelor’s Engineering Degree in Mechanical or Production from accredited college or university
  • 6-10 years hands on experience in Sourcing Function with strong understanding of processes and quality assurance of aircraft engines & other aviation products / components
  • Ability and willingness to travel as required

Responsibilities

  • Build strategies to increase deflation by negotiating with suppliers year on year, localizing parts or BCC sourcing with reduced lead time, best pay plus other terms & VMIs etc. by collaborating with global commodity teams, Site teams across Globe.
  • Competitive negotiations to drive deflation with the supply base. Manage supplier contracts/agreements having detailed cost break up with clarity on cost driving parameters like RM, Fx etc. and /or e-auctions with preferred suppliers in the region to ensure that market trends, supplier performance, and future business needs are aligned.
  • Build strategies to flawless execution of new programs to meet end customer timelines and agreed cost targets.
  • Good understanding of manufacturing, fabrication & special coating processes commonly used in Aviation industry, Scout & Support in the evaluation and selection of new suppliers for aviation business.
  • Shall be willing to work on transactional activities such as PO releases, Sourcing metric monitoring, data compilation and Supplier performance card preparation. These activities will be part of Standard work, Daily management, and Monthly rhythms.
  • Development of existing suppliers, and overall supplier management; able to bring best solution amongst all options. Able to perform supplier risk assessment and build & manage supplier relationship.
  • Monitor, forecast, and develop strategies to capitalize on macroeconomic and industry trends impacting the assigned commodity and business in region to minimize total material costs, ensure material availability, capacity, and quality.
  • Ensure competitive prices during pre-bids/NPIs and execute on time by getting released POs to preferred suppliers, be part of product development cycle and able to deliver sourcing deliverables.
  • Hands on experience on various quality systems related to suppliers.
  • Cost reduction strategies during the execution of projects to meet the deflation year over year target for the business.
  • Interact with site teams to understand business needs and develop supply chain strategies that optimize total requirements.
  • Collaborate with supporting resources (engineering, quality, global supply chain) to achieve plan including lead time reductions, cash enhancement, VMI etc.
  • Build long terms & sustainable win-win relationships within supply partners.

FAQs

What is the primary role of a Sourcing Specialist at GE Aerospace?

The primary role of a Sourcing Specialist at GE Aerospace is to function as a sourcing expert for multiple commodities in the aviation industry, managing sourcing spend, driving cost deflation, and collaborating with cross-functional teams to ensure alignment with business objectives.

What qualifications are required for this position?

A Bachelor’s Engineering Degree in Mechanical or Production is required, along with 6-10 years of hands-on experience in the sourcing function and a strong understanding of processes and quality assurance in aviation products.

Is prior experience in sourcing for aviation components required?

Yes, prior experience and industry knowledge within the specified commodities and experience working with matrix organizations and global sourcing teams are desired.

Will travel be required for this position?

Yes, the candidate must have the ability and willingness to travel as required for the role.

What skills are essential for a Sourcing Specialist in this role?

Essential skills include good negotiation skills, contracting expertise, strong interpersonal and facilitation skills, analytical aptitude, and excellent written and verbal communication abilities.

Are there opportunities for professional development and certifications?

Yes, candidates with CPM or APICS certification, as well as those pursuing a Master’s or MBA degree, will be preferred. Opportunities for professional development within the organization are available.

What kind of strategies will the Sourcing Specialist be expected to build?

The Sourcing Specialist will be expected to build strategies to increase deflation, support flawless execution of new programs, and capitalize on macroeconomic and industry trends impacting assigned commodities.

How does GE Aerospace view collaboration and teamwork in this role?

Collaboration is highly valued, and the Sourcing Specialist will engage with global sourcing teams, engineering teams, and product management teams to achieve strategic objectives.

Is experience with Enterprise Resource Planning (ERP) systems necessary for this position?

Familiarity with Enterprise Resource Planning (ERP) and/or other purchasing systems is preferred but may not be strictly necessary.

What type of work environment can be expected in this role?

The work environment will be collaborative and fast-paced, with a focus on achieving cost targets, supplier management, and strategic sourcing initiatives while engaging with cross-functional teams.

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GE Aerospace

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Employees

Mission & Purpose

GE Aerospace is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. At GE Aerospace, we believe the world works better when it flies.