Senior Manager - Global Category Leader
- Mumbai, Maharashtra
- Permanent
- Full-time
The key purpose of this position to develop and establish a robust category management process and plan for assigned categories of Engineered Components with the goal of reducing revenue risk for Vontier Opcos associated with these categories of parts and achieving OMX cost saving initiative. This role will help advance the overall Global Category Management (GCM) initiatives in VNT as we transform from facility-based sourcing to a more globally leveraged and optimized approach. This category is a key enabler to combine the “Simplification” efforts together with “GCM”.Key Responsibilities
- Ownership of Category Strategy Plan Process for Specific focused Categories assigned. Highest focus placed on assurance of supply and saving initiatives.
- Develop strategic & financial plans related to assigned categories.
- Have an established network and relationship with market suppliers in the Engineered Products
- Manage the benchmark components cost tool where we could benchmark the actual cost that our Engineered products is paying vs market std cost and identify cost saving opportunity
- Develop and implement “best-in-class” supply chain processes and procedures.
- Provide coaching, mentoring and support to Opcos relevant Category team members.
- Champion Category Core Team Initiatives Throughout Vontier
- Influence Engineering component selection during the design phase and manage through VAVE and Should cost tools
- Develop and drive implementation of Vontier ‘Preferred’ Suppliers Across the Enterprise
- Actively Participate in Preparation and Executing Corporate-Wide Sourcing Events
- Consider global and regional product and service needs in strategy development; consider current and future needs in strategy development.
- Ability to think globally but even taking in consideration that some manufacturers are still having a strong regional organization
- Leverage price/Inventory agreement with manufacturer/distributor for all Vontier Opcos spend
- Tier 1, 2 and 3 suppliers on engineered components - 80% spend covered under contract
- Margin expansion metrics including Purchase Price Variance, Value Analysis/Value Engineering, and logistics optimization
- Capacity reservation agreements on key MPN’s.
- Compliance in design cycle to procurement processes for all sites
- Year over Year improvement in Direct Total cost for assigned categories
- Action Plan achievements for Category Strategy plans.
- Establish network with main Manufacturer/Distributor following pareto analysis by manufacturer of the 80% of Vontier Opcos spend
- Establish regular quarterly review with main Manufacturer/Distributor
- 10 – 15 years’ experience in strategic sourcing with emphasis on engineered components, mechanics, electronics and electronic components required
- Strategic sourcing experience of 5-10 years within the motor industry and knowledge of motor market trends highly preferred
- Ability to influence others - must be able to inform, influence, and collaborate with others and drive key initiatives of the specific categories at all levels in the organization (up and down), internally and externally
- Ability to prioritize conflicting demands and communicate effectively to multiple stakeholders.
- Experience in structuring contracts and managing business relationships.
- Experience & demonstrated ability in enabling cost improvements via expert negotiation skills, collaboration, process improvements & project management
- Ability to leverage negotiation skills and collaboration techniques to drive win-win solutions and optimize cost and performance
- Developing organizational talent - must be able to develop category team members
- Strong quantitative, analytical, and problem-solving skills.
- Degree in Business/Supply Chain or related course of study preferred.