Howmet Fastening Systems (HFS) is seeking Sourcing Specialist in our Fullerton, CA location.
Summary
Position is responsible for cost reduction activities within specified commodities or locations and optimizing the buying process for those commodities. The Sourcing Specialist has major purchasing responsibilities for assigned commodities and services, ensuring that all procurements are made in accordance with Howmet purchasing policies and procedures. Provides materials and services required for efficient operations and secures favorable pricing through vendor negotiations. Works closely with in cross-functional teams to drive early supplier engagement throughout the development phases and product qualifications. Builds strong strategic relationships with supply partners and internal stakeholders to ensure project timing and cost targets are met. Determines the total cost of ownership for commodities by understanding the underlying cost drivers supporting new business awards. Takes the lead in making sure Howmet can meet its cost targets, suppliers deliver on time and parts are received at the highest level of quality.
Essential Duties and Responsibilities
- Lead the strategic sourcing process for the assigned commodities and projects
- Develop sourcing strategies by analyzing the supply base, market conditions, and technology roadmaps
- Lead contractual negotiations with suppliers on NDA’s, Terms & Conditions and Long-term agreements
- Identify potential suppliers, analyze capabilities, and develop a sourcing strategy and roadmap for Howmet stakeholders
- Perform detailed analysis of supplier quote submissions based on cost breakdown data and support it with Total Cost of Ownership and should-costs
- Identify and implement cost reductions on new and series production products and services
- Manage supplier relationships including monitoring supplier performance, competitiveness and take necessary steps to address gaps and resolve issues
- Support the efforts of supplier quality team for supplier development, qualification, and quality issues resolution
- Recommend and effectively present leadership sourcing strategies for multiple programs that meet the business objectives and timelines
- Build relationships across multiple teams (Corporate, Finance, Engineering, Manufacturing, Quality, Operations) and work across different levels in the organization to ensure program timelines are achieved
- Processes requisitions and places purchase orders to ensure a continuous supply of materials and services, maintaining responsibility for each procurement until all items are received, accepted, invoiced and paid
- Negotiates pricing and terms with vendors to ensure that Howmet receives best value for each purchasing dollar expended
- Monitors supplier performance, maintaining a close relationship with vendors. May visit vendor facilities to review operations and suggest resources for improvement
- Maintain positive, mutually beneficial relationships between suppliers and the Company
- Works closely with Engineering, Research & Development, Quality Assurance, Manufacturing, and other internal customers to determine requirements and to ensure superior levels of service
- Coordinates the purchasing process in the Focus Factories and provides guidance and direction on implementing and maintaining best practices
- Utilizes electronic business enterprise systems to leverage management of purchasing activities
- Serves on a resource to the organization and provides education and training on purchasing matters
- Ensure that all work activities are performed in accordance with established safety and environmental standards
- Maintains full compliance with Company policies and procedures and conducts all activities in accordance with the Howmet’s Guide to Business Conduct
- Demonstrates a knowledge of and commitment to Howmet Business Systems manufacturing principles and techniques