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GE
G&W Electric Co
Category Manager
Career Insights for Procurement / Sourcing Manager
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Based on Illinois data
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What they do
A Procurement or Sourcing Manager manages the procurement of supplies for a company or organization. Develops policies and schedules for regular procurements. Trains and supervises staff, develops relationships with suppliers, researches and inspects supplies, and negotiates supply and shipping prices.
$134,705 / year median in Illinois
+2% projected growth
Job Description
Category Manager G&W Electric Co
- 3.
Category Manager Essential Functions:
Conduct local and global market analysis, market intelligence, sourcing strategies, etc. Responsible for the implementation and development of cost reduction plans on a world-wide basis. Maintain and expand global sourcing opportunities as well as identify and select quality competitive suppliers for multiple locations. Develop a category strategy which encompasses each global supplier and clearly illustrates a (3) year plan with clear goals and objectives. The objectives will include price, performance and inventory. Responsible for developing cost savings approaches and strategies for assigned commodities and suppliers including negotiation, quoting, supplier consolidation, long term agreements/contracts and other strategies approved by Director of Supply Chain. Execute approved strategies to achieve targeted annual cost savings goals Monitor market conditions and trends for assigned commodities. Responsible for timely recommendations of changes to cost savings strategies as they relate to market trends and conditions. Develop and execute supplier reduction/consolidation strategies to meet annual Supply Chain goals Conduct Quarterly business reviews with the category suppliers and ascertain progress against goals and objectives. Facilitate escalated resolution of supplier quality issues including management of the NCR process in collaboration with the quality team Develop action plans and manage the execution of supplier improvements to eliminate quality issues and improve delivery performance to meet G&W requirements Recommend changes to purchasing processes to improve on-time delivery to customers Provide functional leadership to the buyers to support cost/benefit analysis when expediting material including supplier expedite fee's and freight expenses Recommend purchasing management changes that will improve material availability levels without jeopardizing customer service, safety stock levels, ordering parameters, etcRequired Knowledge, Skills and Abilities:
Strong computer skills, including MS Word and MS Excel Excellent communication skills and presentation skills; MS Powerpoint Strong analytical skills; ability to identify root causeEducation/Experience:
Bachelor's Degree preferred. Previous experience in purchasing management/supply chain management in a manufacturing setting required Experience in a "make to order" or "engineer to order" manufacturing environment preferred APICS or ISM certification a plus Experience with building presentations for an executive audience a plusPhysical Demands:
(The work is classified as Medium Physical Demand Level (PDL) by the US Dept. of Labor's Dictionary of Occupational Titles.)Frequencies:
Occasional (1-33%); Frequent (34-66%); Continuous (67-100%)Lifting Demands:
Lift up to 50 lbs. on an occasional basis floor to chest. Lift up to 35 lbs. on an occasional basis floor to waist. Carry up to 50 lbs. on an occasional basis up to 25 feet.Postural Demands:
Sitting- frequent Standing
- occasional Walking
- occasional Bending/stooping
- occasional