Since 1965, Stoneridge has designed and manufactured advanced, award-winning technologies including driveline and transmission actuation systems, vision systems, emissions control systems, safety systems, and security and monitoring systems for vehicle OEMs in the commercial vehicle, automotive, off-highway and agricultural vehicle markets. We’re focused on the areas of greatest market need – both today and tomorrow. Our core products and technologies are aligned with industry megatrends including safety and security, vehicle intelligence, fuel efficiency and emissions. Join the Stoneridge Team as we continue to build upon our strong history and reputation for quality products to deliver innovative products and systems that address a need, exceed our customers’ expectations, and motivate our team.
SUMMARY:
A senior leadership position that is responsible for developing and driving a global sourcing and purchasing strategy for our Control Devices Division. This position reports directly to the President of Control Devices.
RESPONSIBILITIES:
Strategy
- Establish short and long-range procurement strategies and execution plans for Mechanical Commodities and indirect purchasing that align with business plan
- Lead data-based Business Plan reviews with Strategic suppliers that cover cost, quality, delivery, and service expectations.
- Partners cross-functionally with Product Line Management, Engineering, and Sales to maintain product line profitability by matching Procurement strategies and product strategies (VAVE, dual sourcing, etc.)
- Performs market analysis of emerging trends and requirements for all current and future product line needs that could affect pricing and supply Stoneridge.
- Keeps abreast of industry technology trends along with Stoneridge, Inc. products and market position to assure that Stoneridge has optimal Procurement strategies
- Engages with Engineering to drive supplier innovation and design for manufacturability
- Introduces and highlights potential gaps in supply chains to support product line innovation.
- Participates in product development and launch reviews to achieve program deliverables.
Supplier Relationships
- Accountable for Material Cost Improvement Plan (MCIP) delivery and escalation and formally owning the price to price portion of MCIP
- Identify new savings opportunities and lead supplier negotiations for assigned commodities
- Assess and mitigate supplier risk (quality, financial health, bankruptcy, delivery, and shortages)
- Leads the qualification process for new supplier linked to the commodity.
- Deploy Master Supplier and Global Quality Agreements with strategic suppliers
Leadership
- Strong engagement with Control Devices Leadership team on general business operations
- Strong leadership and team development for global procurement organization, in the US, Mexico, and China.
- Lead performance management and talent development activity ensuring a well-developed pipeline of talent and next generation of strategic Procurement leaders are maintained.
Relationships
- Demonstrated success establishing and maintaining effective working relationships with internal and external key stakeholders.
- Excellent business sense / judgment; the ability to influence others.
- Proven experience in establishing high-performing, global strategic sourcing teams.
- A proven track record of success in a collaborative and participative management environment.
- Strong leadership skills and excellent communication skills.
- Ability to drive accountability and high levels of performance throughout the organization.
- Outstanding analytical skills, with strong planning and problem-solving abilities.
- Strategic thinker with a keen sense of the importance of tactical execution.
- Ability to drive transformation and the development of fundamental procurement processes and data analytics.
- Proven capability to rotate supply base based on performance and capability.
Negotiation
- Strong background with challenging negotiations in a complex international environment.
- Outstanding negotiation skills with the ability to grow supplier trust and relationships at the same time.
QUALIFICATIONS:
- 10 - 15 or more years of Procurement experience within the automotive industry; experience working for an OEM, Tier 1 supplier, or both.
- Master’s degree in Business discipline is strongly preferred; Bachelor’s degree in Business discipline or Engineering is required.
Stoneridge is an Equal Employment Opportunity Employer. We do not discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, marital status, mental or physical disability, genetic information, veteran status or any other characteristic protected by the applicable laws in the countries we operate. Stoneridge also prohibits harassment of applicants or employees based on any of these protected categories.
Top Skills
What We Do
Stoneridge, Inc., is an independent designer and manufacturer of highly engineered electrical and electronic components, modules and systems for the automotive, medium and heavy-duty truck, agricultural and off-highway vehicle markets. The Company conducts its business into two segments: Electronics and Control Devices. The core products of the Electronics reportable segment include vehicle electrical power and distribution systems, and electronic instrumentation and information display products. The core products of the Control Devices reportable segment include electronic and electrical switch products, control actuation devices and sensors.
