Global Sourcing Principle Engineer

CREGG Recruitment are currently hiring a Remote Principle Global Sourcing Specialist for a large medical company in Galway:

• Principle Role:
• Managed a total spend of 100 million dollars, within the area of Plastics, Resins and Chemicals team.
• Commercial aspects all thing sourcing new suppliers
• Remote with some trave to USA & Europe

Experience:

• Level 8 Bachelor’s degree required, Engineering degree preferred and/or technical experience with Injection Molding.
• 6 years Strategic Procurement (Sourcing) and Supplier Relationship Management
• Experience in a manufacturing environment.

About the company:
Large medical company based in Ireland, excellent career opportunities.
Salary & Benefits:
Excellent Salary to include, Pension, healthcare, bonus and shares

 Key Roles & Responsibilities:

• Develop and implement sourcing strategies in key sourcing categories that results in a sustainable competitive advantage.
• Gathers Market Intelligence and trends for the Categories and Sub-Categories.
• Identifies risks within the Category and works closely with stakeholders to eliminate or take mitigating actions for strategic risks.
• Analyses data and develops tools to manage the Category, including should-cost models, COGS models, etc.
• Identifies all suitable suppliers per Category and region per sample RFQ and develops comprehensive supplier knowledge & database.
• Identifies insourcing and outsourcing opportunities.
• Guide respective internal leads through a holistic & systematic category approach to material & supplier selection and management.
• Promotes and works towards balanced continuous (year-on-year) value improvement for all aspects of quality, service and cost with assigned supply base. Manages supplier performance and identifies Value Improvement Program's to improve TCO accordingly.
• Ensures optimal balance between collaborative engagement and competitive pressure with supply base to ensure maximum value is realized, including negotiation o value improvements and optimal supplier contracts.
• Manages strategic supplier relationships in line with the Category Strategy and understands the strategic differentiators for each supplier.
• Owns annual budget process for assigned suppliers as well as crisis or systematic issue resolution.
• Establish early involvement to achieve development performance goals, support project timelines, and manage product cost.
• Experience with acquisition integration and chemicals preferred