What are the responsibilities and job description for the Sourcing Specialist (Lancaster CA) position at RIDE?
Job Description
Job Description
BYD is a global leader in the design, build, and deployment of heavy-duty electric buses and trucks. Headquartered in Los Angeles CA. BYD has facilities located around the globe. BYD is focused on building and delivering the highest quality and highest reliability bus and heavy-duty electric truck systems in the world.
BYD is seeking an experienced Strategic Sourcing Specialist to keeping up to date with market trends, such as new products, suppliers etc., and using this information to make informed sourcing decisions in the United States and Canada. The candidate will be based at the BYD Lancaster, CA Plant and will report to the department Supervisor. This individual must be extremely organized with attention to detail, hardworking, and dedicated to providing the highest level of quality and timeliness in the industry. We are seeking a person who is highly professional, and who can work individually, as well as in a multi-functional team.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The Sourcing Specialist is responsible for managing the production components of vehicle from conception through execution, interacting cross-functionally with key counterparts and teams to ensure products deliver the desired brand value while meeting quality standards, regulatory requirements, cost targets, and delivery timelines. They will lead, direct, and manage activities throughout the whole process to support stakeholders and internal teams Partner with stakeholders, executive leaders and department heads to understand business needs, establish requirements, scope and criteria for procurement projects, drive continuous improvement activities and cost negotiation initiatives Customers as needed to maintain margins and / or leverage spending efficiencies as well as relevant commercial terms.
- Independently source components, materials and suppliers assigned by quickly ascertaining project requirements, working with Engineers, stakeholders and suppliers to develop and / or identify the right products at the most optimal solution by evaluating quality, costs, terms, lead time, risk mitigation, flexibility, availability and adhering to project timelines etc. Creatively balance design requests with cost efficiency and operational efficiencies to produce win-win solutions.
- Independently lead the negotiation of contracts, including MSAs and other business terms with internal business stakeholders and the legal department. Ensure all negotiated terms are favorable for the company while minimizing risks and ensuring alignment with project and operational goals.
- Manage and Monitor Procurement projects timely including design developing, sampling, testing, validation, bidding, negotiation, and approval milestones are completed in a timely and efficient manner, in alignment with project timelines to ensure quality standards are met and delays are avoided.
- Build strategic partnerships with key suppliers to optimize profitability, increase on-time delivery, and improve quality. Evaluate existing supplier relationships to expand reliable primary and secondary sources while promoting competition and uninterrupted supply.
- Incorporate knowledge across the vehicle industry, including developing spending analysis, supply market assessment, and product availability; understanding related commodities that can affect prices of designated products. Build industry knowledge and expertise within and outside of the Supply Chain department.
- Develop and implement sourcing strategies to sustain ongoing category improvements to reduce costs and optimize the manufacturability of components.
- Collect and interpret procurement data including cost analysis reporting, benchmarking spending data, and return on investment.
- Conduct market research and vendor profiles to aid supplier selection. Create, issue and manage RFQs and / or RFPs, proposal negotiation, evaluation and vendor recommendation for management decision making.
- Continuously assist supervisor / management to improve sourcing and workflow tools.
- Perform other duties as assigned.
COMPETENCIES
WORK ENVIRONMENT
This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and a calculator, ten key by touch.
PHYSICAL REQUIREMENTS
This position can be a sedentary role; however, some filing is required. While performing the duties of this job, the employee is frequently required to sit; use hands to finger, handle, or feel; reach with hands and arms; and talk; or hear.
The employee is required to stand and walk. The employee must occasionally lift and / or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, and the ability to adjust focus.
SUPERVISORY RESPONSIBILITY
TRAVEL
REQUIRED EDUCATION AND EXPERIENCE
Pay Range
Benefits
Job Type
Location
Salary : $80,000 - $110,000