Cummins Inc.

Senior Sourcing Specialist

Cummins Inc.

full-time

Posted on:

Origin:  • 🇺🇸 United States

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Salary

💰 $79,290 - $110,000 per year

Job Level

Senior

About the role

  • Conduct complex analysis of markets, supply chains, and supply case and apply analysis to sourcing process improvement initiatives.
  • Identify qualified suppliers and execute source selection processes at optimum cost, quality and relationship.
  • Regularly interface with suppliers and maintain supplier relationships; manage risk and inclusion of diverse suppliers.
  • Source specialized items and execute complex sourcing strategies in accordance with sourcing strategy/plans.
  • Participate in sourcing and category commodity strategy formulation and establish category strategy using Total Value Performance (TPV).
  • Prepare and present recommendations and alternative courses of action to senior leadership.
  • Ensure consistent application of sourcing procedures; provide guidance for purchasing/sourcing management in price benchmarking, vendor management, industry and market analysis, process analysis, and model building.
  • Lead a team of sourcing analysts and specialists; define and manage key/strategic suppliers using Supplier Relationship Management (SRM) with work plans, senior sponsor meetings, and scorecards.
  • Create and negotiate contracts, develop legally approved contracts, and alert management to compliance or risk situations.

Requirements

  • Positions require a Master’s degree in Purchasing or Supply Chain Management, or related field and 2 years of experience as a Sourcing, Purchasing, or Supply Chain Analyst or related position.
  • Alternatively, the employer will accept a Bachelor’s degree in Purchasing or Supply Chain Management, or related field and 5 years of experience as a Sourcing, Purchasing, or Supply Chain Analyst or related position.
  • Experience to include: Supply chain analysis; Sourcing process improvement initiatives; Sourcing and category commodity strategy formulation; Price benchmarking, vendor management, industry and market analysis, process analysis; Contract negotiation; Functional tools to deliver products and services at competitive prices; Identify value creation opportunities; Total Value Performance (TPV) approach; Contract Management and Negotiation Excellence skills; Supplier Relationship Management (SRM) process.
  • Experience leading a team of sourcing analysts and specialists at the business unit category or IPO regional level.
  • Ability to negotiate contracts and manage supplier relationships.
  • Location: Columbus, IN and various unanticipated worksites throughout the U.S.