Sr. Buyer- Capital Equipment
 Molex | |
life insurance, parental leave
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 Nov 07, 2024 | |
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Capital Equipment Senior Buyer, Indirect Procurement
Summary of the Opportunity: Molex is seeking a contribution minded and experienced individual to join our Indirect Procurement Sourcing Center as a Capital Equipment Senior Buyer, based in Rochester Hills, MI, USA. In this highly visible role, you will be responsible for supporting and executing CapEx Equipment Sourcing and Procurement activities for manufacturing processes such as metal stamping and plating, plastic injection molding, and electro-mechanical assembly for our Transportation Solutions Business Unit (TSBU) in collaboration with business stakeholders, AME Sourcing Center colleagues as well as our Machinery Category Management team colleagues. Responsibilities Overview: Sourcing Analytics: * Read and interpret engineering drawings and complex specifications * Develop, review, and analyze Statements of Work (SOW) in collaboration with internal business partners * Evaluate technical RFx responses from suppliers, including mediating Value Analysis/Value Engineering (VA/VE) proposals and conducting product and process capability studies Sourcing Strategy: * Collaborate with Category Management and cross-functional business unit teams to develop and implement sourcing strategies that align with organizational objectives * Define optimized risk and Total Cost of Ownership (quality, cost, reliability & delivery capability) * Develop and maintain an abbreviated, focused Preferred Supplier target list for future mutually beneficial relationships Sourcing Execution: * Support identification, evaluation, and selection of suppliers through market sourcing as well as identification of supplier capabilities and gaps, in line with Category Strategies * Support the Plant / Region. Support and execute Sourcing activities such as the creation of RFx events through Coupa, Total Landed Cost and Total Cost of Ownership reviews, negotiation, risk analysis, award, and other Sourcing activities * Conduct Technical reviews and commercial reviews with stakeholders and suppliers to drive best in class cost / quality for Molex Contracts and Agreements: * Collaborate with business stakeholders, legal team members and Category Management to support supplier negotiation, contract development and execution Supplier Relationship Management: * Collaborate with Category Management to develop and maintain positive relationships with key suppliers * Monitor supplier performance, deliverables and KPI's and implement strategies to address issues or improvements related to Molex Preferred Supplier List VA/VE Analytical Skills: * Seek opportunities / monitor supplier spend trends to identify total cost improvement and risk reduction opportunities cross plants and supply base; * Conduct supply base rationalization and/or vendor consolidation / volume leveraging, commercial negotiation, consumption reduction and controls. * Identify architectural cost alternatives for Engineering to consider for future NPD projects Education and Experience: Preferred: Bachelor's degree in business, Supply Chain, or related Engineering discipline from an accredited program and / or related relative work experience. Required: 2+ years' experience in a strategic procurement role (including commercial negotiation) within a manufacturing environment; Tier I or Tier II automotive organization preferred Preferred: 8+ years' experience in Capital Equipment, tooling, and / or other customized product sourcing and negotiation. Skills and Qualifications: * Able to read engineering drawings and understand complex specifications, agreements / contracts * Basic project management capabilities, with the ability to manage multiple projects simultaneously in collaboration with global teams * Familiarity with Microsoft Office software suite, with an emphasis on Excel analytics and PowerPoint presentations * Demonstrated experience working with automated equipment suppliers, complex tooling vendors, as well as high-value commercially available machinery / equipment suppliers * Strong working knowledge of ERP and Procurement systems; SAP & Coupa preferred At Koch companies, we are entrepreneurs. This means we openly challenge the status quo, find new ways to create value and get rewarded for our individual contributions. Any compensation range provided for a role is an estimate determined by available market data. The actual amount may be higher or lower than the range provided considering each candidate's knowledge, skills, abilities, and geographic location. If you have questions, please speak to your recruiter about the flexibility and detail of our compensation philosophy. Hiring Philosophy All Koch companies value diversity of thought, perspectives, aptitudes, experiences, and backgrounds. We are Military Ready and Second Chance employers. Learn more about our hiring philosophy [1] here. Who We Are At Koch, employees are empowered to do what they do best to make life better. Learn how our [2] business philosophy helps employees unleash their potential while creating value for themselves and the company. Our Benefits Our goal is for each employee, and their families, to live fulfilling and healthy lives. We provide essential resources and support to build and maintain physical, financial, and emotional strength - focusing on overall wellbeing so you can focus on what matters most. Our benefits plan includes - medical, dental, vision, flexible spending and health savings accounts, life insurance, ADD, disability, retirement, paid vacation/time off, educational assistance, and may also include infertility assistance, paid parental leave and adoption assistance. Specific eligibility criteria is set by the applicable Summary Plan Description, policy or guideline and benefits may vary by geographic region. If you have questions on what benefits apply to you, please speak to your recruiter. Additionally, everyone has individual work and personal needs. We seek to enable the best work environment that helps you and the business work together to produce superior results. Equal Opportunities Equal Opportunity Employer, including disability and protected veteran status. Except where prohibited by state law, some offers of employment are conditioned upon successfully passing a drug test. This employer uses E-Verify. Please click [3] here for additional information. References Visible links 1. https://jobs.kochcareers.com/pages/culture 2. https://www.kochind.com/about/business-philosophy 3. https://www.e-verify.gov/sites/default/files/everify/posters/EVerifyParticipationPoster.pdf | |