Procurement Project Manager

Responsibilities

• Develop and implement direct materials productivity strategies aligned with business objectives to drive cost savings and operational efficiencies.
• Responsible for execution of productivity projects and achieving Gross Productivity and Net Productivity Annual Operating Plan (AOP) targets
• Responsible for developing a pipeline of productivity projects working cross-functionally with strategic sourcing, factory operations, engineering, offering management and suppliers globally
• Responsible for achieving the productivity targets for all the levers i.e. Negotiations, Value Engineering, Component Engineering, Rebates and Deflation with the objective of achieving Gross Productivity and Net Productivity targets
• Analyze procurement data and supplier performance metrics to identify areas for improvement and cost reduction opportunities.
• Analyze spend receipts data and find opportunities for cost savings working closely with supplier sourcing leaders and procurement operations
• Collaborate closely with procurement, engineering, manufacturing, and quality teams to optimize material specifications, sourcing strategies, and inventory management.
• Lead supplier engagement initiatives to improve cost competitiveness.
• Manage cross-functional projects focused on waste reduction, process improvements, and supply chain optimization.
• Monitor and report on key performance indicators (KPIs) related to direct materials productivity and cost savings to senior leadership.
• Drive continuous improvement initiatives using Lean, Six Sigma, or other methodologies to enhance supply chain processes.
• Support the development and deployment of procurement tools and technologies to improve data visibility and decision-making.
• Mentor and develop team members to build capabilities in materials productivity and supply chain excellence.
• - Develop and implement direct materials productivity strategies aligned with business objectives to drive cost savings and operational efficiencies. - Responsible for execution of productivity projects and achieving Gross Productivity and Net Productivity Annual Operating Plan (AOP) targets - Responsible for developing a pipeline of productivity projects working cross-functionally with strategic sourcing, factory operations, engineering, offering management and suppliers globally - Responsible for achieving the productivity targets for all the levers i.e. Negotiations, Value Engineering, Component Engineering, Rebates and Deflation with the objective of achieving Gross Productivity and Net Productivity targets - Analyze procurement data and supplier performance metrics to identify areas for improvement and cost reduction opportunities. - Analyze spend receipts data and find opportunities for cost savings working closely with supplier sourcing leaders and procurement operations - Collaborate closely with procurement, engineering, manufacturing, and quality teams to optimize material specifications, sourcing strategies, and inventory management. - Lead supplier engagement initiatives to improve cost competitiveness. - Manage cross-functional projects focused on waste reduction, process improvements, and supply chain optimization. - Monitor and report on key performance indicators (KPIs) related to direct materials productivity and cost savings to senior leadership. - Drive continuous improvement initiatives using Lean, Six Sigma, or other methodologies to enhance supply chain processes. - Support the development and deployment of procurement tools and technologies to improve data visibility and decision-making. - Mentor and develop team members to build capabilities in materials productivity and supply chain excellence.