Strategic Sourcing Specialist

Strategic Sourcing Specialist

Rugby Full-Time 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead sourcing strategies and negotiate contracts to optimise supply chain performance.
  • Company: Join GE Vernova, a leader in electrification systems for energy efficiency and decarbonisation.
  • Benefits: Enjoy a full-time role with opportunities for growth and development in a dynamic environment.
  • Why this job: Be part of a team driving innovation in the energy sector while making a positive impact.
  • Qualifications: Bachelor's degree in Technical/Engineering or CIPS preferred; experience in manufacturing is a plus.
  • Other info: UK citizenship required due to project confidentiality; travel may be necessary.

The predicted salary is between 28800 - 48000 £ per year.

GE Vernova’s Power Conversion business provides electrification systems that are critical to customers’ power and energy needs for their high-performance applications. We work with some of the world’s major energy, maritime and industrial organizations, helping to enable a transition to energy efficiency and decarbonization, including through our specialist motors, drives and control technologies.

Reporting to Senior Supply Chain Leader, working within Naval business unit as a successful Strategic Sourcing Specialist; you are responsible for full wing to wing Sourcing process for the assigned commodities and projects. This includes Direct and some Indirect (Tooling, systems).

Responsibilities:

  • Knowledgeable in formulating ‘Commodity Strategy’ based on historical data, future project’s demand, and other key indicators.
  • Lead the execution of the local sourcing strategy in line with Global commodity strategy guidance; deliver a competitive advantage by driving the strategic supplier initiatives, selection, development, and consolidation to ensure optimal business performance.
  • Execute across the purchase base, with full accountability for meeting deflation (savings), usage, cash and preferred supplier targets.
  • Carry out in depth cost breakdown analysis and negotiate lowest Total Cost of Ownership (TCO) within Local & Global supply base.
  • Knowledgeable in supplier Contract Negotiation working with Legal teams.
  • Manage & lead risk mitigation plans for assigned commodity.
  • Support bidding team with RFQs (Lowest possible TCO & lead times) in line Customer expectations to win new business.
  • Identify, select, develop, audit new suppliers and support their onboarding along with quality team.
  • Ability to lead Make Vs Buy decision metrics.
  • Undertaking the continuous review of supplier performance against quality, cost, delivery and risk metrics (Supplier Scorecard) to ensure we have Best in Class supply chain.
  • Lead Supplier Business Reviews to build the strategic relationship with preferred suppliers.
  • Lead Sourcing Board Reviews (Management Review Board) for Commodity Strategy & Project Sourcing Strategy.
  • Drive lowest cost of poor quality (CoPQ) metrics along with SQIE.
  • Support Warranty team to get right support from suppliers to resolve Customer issue and improve process/product.
  • Maintaining compliance with GE’s policies & procedures.

Qualifications / Requirements:

  • Experience with Naval/Defence sector working with MoD (preferred).
  • Knowledgeable in cyber security requirements.
  • Bachelor’s degree preferably within Technical/Engineering or CIPS (desirable).
  • Relevant experience within manufacturing / engineering environment.
  • Ability to develop Sourcing Strategy.
  • Ability to understand legal terms and contract negotiation.
  • Ability and willingness to travel nationally & internationally as required.

Please Note- Due to confidential nature of projects you are involved in; you need to be a sole UK National and hold, or be eligible to obtain, UK security clearance to SC level.

Desired Characteristics:

  • Desire to grow, improve, innovate, and add value.
  • Efficient with SAP, MS Office tools (Excel, Power point), Power BI (desirable).
  • Ability to communicate at appropriate levels (Global teams, Senior leadership etc).
  • Strong interpersonal and leadership skills.
  • Analytic capabilities and operating rigor.
  • Hands-on and ability to handle multiple priorities in a high demanding environment.
  • Cross-functional openness and Team-player attitude.

Considering confidential nature of projects this person would be working on, there is a requirement of sole UK Citizenship.

Please note- This role will be subject to both security and export control restrictions considering confidential nature of projects you will be working on. These restrictions mean that factors including your nationality, any previous nationalities you have held, and your place of birth may limit those roles you can perform for the organisation.

Strategic Sourcing Specialist employer: GE Vernova's Grid Software

At GE Vernova's Grid Software, we pride ourselves on being an exceptional employer that fosters a culture of innovation and collaboration. Our commitment to employee growth is evident through continuous learning opportunities and the chance to work on cutting-edge projects in the energy sector. Located in Rugby, England, our team enjoys a supportive environment that values diversity and encourages contributions towards a sustainable future.
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Contact Detail:

GE Vernova's Grid Software Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Strategic Sourcing Specialist

✨Tip Number 1

Familiarise yourself with the latest trends in the naval and defence sector, especially those related to sourcing strategies. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your commitment to the industry.

✨Tip Number 2

Network with professionals already working in strategic sourcing or procurement roles within the naval sector. Attend industry events or join relevant online forums to build connections that could provide insights or even referrals for the position.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully developed and executed sourcing strategies in previous roles. Highlight your analytical skills and ability to negotiate contracts, as these are crucial for the Strategic Sourcing Specialist role.

✨Tip Number 4

Research GE Vernova’s recent projects and initiatives in energy efficiency and decarbonisation. Being knowledgeable about their work will not only impress interviewers but also allow you to tailor your responses to align with their goals and values.

We think you need these skills to ace Strategic Sourcing Specialist

Commodity Strategy Development
Supplier Contract Negotiation
Cost Breakdown Analysis
Total Cost of Ownership (TCO) Analysis
Risk Mitigation Planning
Supplier Performance Evaluation
Cross-Functional Team Collaboration
Analytical Skills
Project Management
Knowledge of Cyber Security Requirements
Proficiency in SAP and MS Office Tools
Strong Interpersonal Skills
Leadership Skills
Ability to Handle Multiple Priorities
Understanding of Legal Terms

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in sourcing and procurement, especially within the naval or defence sector. Use keywords from the job description to demonstrate your fit for the role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of GE Vernova's mission and how your skills align with their needs. Mention specific examples of your past achievements in strategic sourcing and supplier management.

Highlight Relevant Skills: Emphasise your analytical capabilities, negotiation skills, and experience with cost breakdown analysis. Mention any familiarity with tools like SAP and MS Office, as these are valuable for the role.

Showcase Your Team Player Attitude: In your application, illustrate your ability to work collaboratively across functions. Provide examples of how you've successfully led projects or worked with cross-functional teams in the past.

How to prepare for a job interview at GE Vernova's Grid Software

✨Understand the Role and Responsibilities

Before your interview, make sure you thoroughly understand the job description. Familiarise yourself with the key responsibilities of a Strategic Sourcing Specialist, especially in relation to the Naval business unit. This will help you articulate how your skills and experiences align with what the company is looking for.

✨Prepare for Technical Questions

Given the technical nature of the role, be ready to answer questions related to sourcing strategies, cost breakdown analysis, and contract negotiations. Brush up on relevant concepts and be prepared to discuss your past experiences in these areas, particularly if they relate to the Naval or Defence sector.

✨Showcase Your Analytical Skills

The role requires strong analytical capabilities. Be prepared to discuss how you've used data to inform sourcing decisions or improve supplier performance in previous roles. Consider bringing examples of metrics or scorecards you've developed or worked with.

✨Demonstrate Your Interpersonal Skills

As a Strategic Sourcing Specialist, you'll need to build relationships with suppliers and work cross-functionally. Prepare examples that showcase your interpersonal and leadership skills, particularly in high-pressure situations. Highlight any experience you have in leading supplier reviews or managing stakeholder expectations.

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