Buying Specialist - Senior
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About this role
The Procurement Specialist is responsible for executing sourcing and procurement strategies that deliver optimal cost, quality, delivery, and supplier performance while supporting business objectives. This role manages regional commodities aligned to global category strategies, develops supplier relationships, conducts sourcing and market analysis, mitigates supply risks, and drives continuous improvement initiatives. The position collaborates closely with cross-functional teams and suppliers to ensure a resilient supply base, support global procurement initiatives, and optimize total cost of ownership.
Key Responsibilities- Execute sourcing and procurement strategies for direct materials, inventory items, capital goods, and services in alignment with global category strategies.
- Manage assigned commodity portfolios, including casting, forging, stamping, and other manufacturing categories, ensuring optimal supplier performance and cost competitiveness.
- Conduct supplier sourcing, supplier selection, Request for Quotation (RFQ), eBids, RapidSource activities, and tactical sourcing initiatives.
- Perform supplier evaluation, price benchmarking, cost analysis, market intelligence, and industry analysis to identify cost reduction and value improvement opportunities.
- Develop and maintain strong supplier relationships aligned with approved Category Partner Lists while ensuring supplier performance meets business expectations.
- Lead supplier negotiations within approved commercial frameworks to achieve favorable pricing, quality, delivery, and contractual terms.
- Monitor supplier performance, quality, delivery, capacity, and responsiveness while driving supplier development and continuous improvement initiatives.
- Identify, assess, and mitigate supply chain risks by implementing supplier risk management strategies, dual sourcing, and business continuity plans.
- Support supplier tooling management, ensuring compliance with Cummins tooling ownership procedures, documentation, and lifecycle management.
- Analyze procurement data, spend trends, supplier performance metrics, and market conditions to support data-driven sourcing decisions.
- Prepare procurement reports, presentations, and business recommendations for procurement and supply chain leadership.
- Collaborate with engineering, manufacturing, quality, finance, logistics, and global procurement teams to support new product introductions and sourcing initiatives.
- Ensure compliance with Cummins procurement policies, sourcing procedures, ethical standards, and Source-to-Pay processes.
- Support purchase requisition approvals and ensure timely procurement execution to meet operational requirements.
- Lead or participate in procurement improvement projects while coaching and supporting less experienced team members.
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