Standard Motor Products · 6 days ago
Strategic Sourcing Analyst
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AutomotiveManufacturing
H1B Sponsorship
Insider Connection @Standard Motor Products
Responsibilities
Implement sourcing strategies including; writing and negotiating contracts and supplier agreements on materials, equipment, tooling, supplies, logistics and/or services.
Recommend strategic sourcing decisions based on developing, maintaining, and analyzing current trends and future outlooks for our key material commodities, markets, industries and regulations to ensure reliability of sourcing at the best total value.
Perform cost analysis and evaluate cost reduction opportunities within the Engineered Solutions portfolio in and liaison with ES Commercial Team and Customers.
Lead or coordinate cost reduction projects with cross functional Teams.
Support sourcing activities on new ES Engineering Product Development.
Works closely with Engineering and Manufacturing to facilitate Value Analysis / Value Engineering discussion about cost improvements.
Works closely with Purchasing to facilitate discussion or engage directly with suppliers in price negotiation or contract management.
Coordinate and conduct Supply Chain Assessment for evaluating existing and potential suppliers.
Develop, implement, and monitor action plans as necessary to achieve goals and objectives.
Measure, monitor and report on Key Supply management performance metrics.
Assist in preparing key executive summary analytics for Executive Management
Qualification
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Required
Bachelor’s Degree in Business / Engineering / Finance / Supply Chain / Accounting
Minimum of 3-year experience in Purchasing/Procurement
Strong analytical skills required
Excellent written and verbal communication skills
Proficient with MS office
Must be able to work with team members and work with minimal supervision
Must be willing to travel up to 25% of the time to visit NA or European vendors
Preferred
Experience in a Commercial Vehicle, Light Vehicle, Construction/Agriculture, Powersport Manufacturing Environment
Experiences in project management/coordination is a plus
Company
Standard Motor Products
Standard Motor Products is an independent manufacturer and distributor of replacement parts for motor vehicles.
H1B Sponsorship
Standard Motor Products has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Trends of Total Sponsorships
2023 (1)
2022 (1)
2021 (2)
2020 (3)
Funding
Current Stage
Public CompanyTotal Funding
$500MKey Investors
JP Morgan Chase
2022-06-02Post Ipo Debt· $500M
1978-01-13IPO· nyse:SMP
Recent News
2024-05-28
2024-05-28
2024-05-22
Company data provided by crunchbase