Associate Analyst - Direct Sourcing

Job Description

This position will be based in Pune and responsible for working with Direct material Category Managers, supporting the activities related to RFX, Eaton Standard Sourcing Process, Ariba - eRFQ s and eAuctions. The principal role of the Associate Analyst - Direct Sourcing is to provide direct support to commodity managers to achieve their annual goals related to category strategy and cost out targets. This position will act as an Ariba consultant for Global CMs and will also be responsible for training suppliers and buyers on e-Auction tools and processesA - Process Requirements 1. Identify, leads and drives complex sourcing projects across relevant business area 2. Execute on the developed category strategy for the aligned spend categories, with ownership of the strategic sourcing project portfolio (local, regional and global) 3. RFI / RFQ Management Request RFI or RFQ s from suppliers, and in-depth analysis of RFQ s, followup with suppliers, preparation of sourcing work books and recommendation to commodity managers on the preferred sourcing solutions. 4. Execute competitive bid events. Identify additional potential suppliers, conduct due diligence on suppliers, contact suppliers to communicate requirements, evaluate bids received and share findings with the end user. 5. Monitor and report savings opportunities identified (WIP and executed). Lead discussions with appropriate stakeholders, present upcoming projects, recent accomplishments and potential risks to commodity managers and leadership team. 6. Evaluate supplier bids and provides an award recommendation to the end user. 7. Review, screen and scrutinize supplier responses and communicates questions to the appropriate stakeholders. 8. Review business requirements, category strategy and available market to determine the appropriate suppliers to conduct sourcing buying activities 9. Coordinate with key stakeholders to understand requirements and mitigate risk 10. Conduct user training for SCM team members, buyers, commodity managers, suppliers participating in the bidding 11. Negotiation Conducts first level of negotiations with suppliers based on the outcome of e-auctions. 12. Report Management Generates and analyzes different reports for global commodity managers & leadership team 13. Single point of contact for all e-sourcing/Ariba related issues from global stakeholders & Eaton suppliers 14. Deploy e-sourcing/Ariba tool globally across all Eaton businessesQualificationsBachelors Degree (Preferably Mech Engineering) with 4 - 5 years of experience OR Masters with 3 years of experience in Strategic Sourcing.a. 4 - 5 years in Supply Chain Management preferably in Direct Sourcing with categories like Bearings,Fasteners,Metals, Stampings,Castings etc - Experience in handling direct Sourcing & Procurement processesb. Must be able to select suppliers based on Total Cost of Ownershipc. Working knowledge of Contract Managementd. Should have Project Management skills and experiencee. Understands supply chain nuances & commodity strategiesf. Need to have working Knowledge of any ERPa. Certification- Any certification in supply management like CPSM, CPM will be an added advantage. b. b. Excellent knowledge with MS office suite (Word, Excel, Power Point, Visio, Project)c. Expertise in e-sourcing tools specifically Ariba platformd. Experience in spend analytics - Be able to create visibility into corporate spend, drive performance improvement, cost savings, contract compliance.a. Strong Business & Financial acumen - Understanding how markets workb. Excellent communication Written and verbalc. Interpersonal skills - Able to work in a global environment and with stakeholders located in different regions of the worldd. Change management skills: Effective influencer who can make persuasive argumentse. Problem solving & Decision making - Be able to accurately assess a situation and arrive at a positive solution.f. Drive results - Ability to get things done - end to end ownership, Initiatives get completed, goals are metWe make what matters work. Everywhere you look from the technology and machinery that surrounds us, to the critical services and infrastructure that we depend on every day you ll find one thing in common. It all relies on power. That s why Eaton is dedicated to improving people s lives and the environment with power management technologies that are more reliable, efficient, safe and sustainable. Because this is what matters.We are confident we can deliver on this promise because of the attributes that our employees embody. We re ethical, passionate, accountable, efficient, transparent and we re committed to learning. These values enable us to tackle some of the toughest challenges on the planet, never losing sight of what matters.,

Keyskills :
riskcompliancecustomer relationsbasisuser trainingms office suitedue diligenceresearchms officedrive resultssupply chaincost savingssupply chain management