Job Description SummaryThe Lead Sourcing Specialist Aerospace plays a critical role in the successful launch of new products by managing the sourcing and procurement process for materials and services required for new product introductions. This individual will collaborate closely with cross-functional teams including engineering, product management, manufacturing, and suppliers to ensure timely and cost-effective sourcing solutions. Sourcing expert for localizing & identifying competitive BCC Aerospace suppliers for Mechanical, Electromechanical commodities which are required for MMF aviation products manufacturing like Raw materials, Casting, Forging, Machining, C class parts, Electromechanical parts. This role will also support in localizing or BCC sourcing of these commodities by accessing & finalize supplier panel and get best price year on year to be competitive and win in market. The person is responsible for sourcing spend, prioritizing the opportunities and categorize strategic spend across value streams to consolidate and drive more deflation to business by having strategic agreements with suppliers. Engage with Global sourcing teams, engineering, product management teams & cross functional teams to execute strategies and ensure realization of business objectives that includes cost deflations, volume growth, smooth deliveries of products from suppliers without any defects, support in make and buy decisions at plan level by adding potential suppliers with compliance to aviation sourcing policies.Job Description
Essential Responsibilities
- Sourcing Strategy Development: Develop and implement sourcing strategies aligned with new product development goals, considering factors such as cost, quality, availability, and supplier capabilities.
- Supplier Identification and Qualification: Identify and qualify suppliers capable of meeting the requirements of new product introductions. Conduct assessments to evaluate suppliers capabilities, quality systems, and capacity.
- Negotiation and Contracting: Lead negotiations with suppliers to secure favorable terms and conditions for materials and services required for new product introductions. Draft and execute contracts to formalize agreements with selected suppliers.
- Cost Management: Drive cost management initiatives to optimize total landed cost and achieve cost reduction targets for new products.
- Supplier Relationship Management: Build and maintain strong relationships with key suppliers to ensure alignment with business objectives and promote collaboration for continuous improvement.
- Risk Management: Proactively identify and mitigate risks related to sourcing, supply chain disruptions, and supplier performance that could impact new product introductions.
- Project Management: Coordinate cross-functional activities and timelines related to sourcing and procurement to support the successful launch of new products.
- Continuous Improvement: Drive continuous improvement initiatives within the sourcing function to enhance efficiency, reduce lead times, and improve overall performance. Build strategies to establish suppliers relations globally and in the region, 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 GCMs, Site teams across Globe.
- 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
- Work with cross functional team members for high performance and able to drive accountable work culture, retaining and motivating diverse perspective and culture.
- 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 aviation quality system related to suppliers.
- Cost reduction strategies during the execution of projects to meet the deflation year over year target for the business keeping Aviation quality system norms.
- 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.
- Participate in Global sourcing initiatives to leverage best practices: partner with corporate commodity leaders, sourcing leaders, and peers to maximize synergies and global suppliers
Qualification/ Requirements
- Bachelor’s Engineering Degree Mechanical / Electrical/Electronics from accredited college or university
- Minimum 12-15 years of industry experience with exposure to aviation sourcing function covering above criteria’s.
- Ability and willingness to travel as required.
Desired Characteristics
Proven track record of successfully managing sourcing activities for new product introductions.
- Aerospace standards executable experience
Strong negotiation skills with the ability to influence and build consensus across cross-functional teams.
Excellent project management skills with the ability to prioritize and manage multiple projects simultaneously.
Proficiency in supplier evaluation, selection, and relationship management.
Knowledge of supply chain best practices, industry trends, and emerging technologies.
Excellent communication and interpersonal skills, with the ability to effectively interact with internal stakeholders and external suppliers.
Experience with ERP systems and sourcing tools is desirable.
Experience and industry knowledge within the mentioned commodities & working with matrix organization.
Experience in working with aviation global sourcing teams
Demonstrated negotiation skills, contracting expertise, and business law knowledge
Working knowledge of sourcing buy to pay processes
High motivation, leadership, and influencing skills
Strong interpersonal and facilitation skills
Proactive self-starter and change agent
Cross functional, matrixed, and international team experience
Excellent written and verbal communication skills
Effectively communicate across all organizational levels, departments, and functions
Proven project management and process improvement skills
Aptitude with analytical tools (ex. Excel, Access); specific skills should include: data-mining, pivot tables, data manipulation
Ability to perform scenario analysis and strategy development
Demonstrated technical aptitude and business acumen
Demonstrated financial acumen and ability to perform cost assessments and analysis
Familiarity with Enterprise Resource Planning (ERP), and/or other purchasing systems
CPIM or APICS certification preferred
Master’s / MBA degree preferred
Green Belt / Black Belt Certified
Additional Information
Relocation Assistance Provided: Yes
