Sourcing Buyer

._**Responsibilities**:_- Perform RFQ process as required by Project/Product Management teams on Current Products.- Lead Supplier Sourcing Decision process in coordination with Sourcing Committee ensuring sourcing is based on TCO which should include Unit price, Cash Flow Cost, Transportation Cost, including Fuel Surcharges, Handling Costs, Expediting Costs, Inventory Carrying Costs, Inventory Obsolescence Risks, Duties and Taxes, Product rework and damage costs, Customer service Penalties- Ensure effective contract set-up and management follow up activities are in place (e.G. Supplier Agreements, AS-400 Contracts, purchasing info records, Item Master data)- Implement the category's strategies, utilizing Strategic Sourcing Process' tools, templates and SSC policies- Perform supplier market analysis, category analysis, and supply risk analysis, and develop TCO understanding, as well as the map of how sourcing process and channels work within the category, and identify improvements to be targeted- Prepare and execute negotiation events seeking best TCO contracts and beneficial commercial agreements with suppliers (approved by Purchasing Manager)- Ensure Compliance to Strattec's Corporate Business Principles, policies, standards and Procurement Policy, Procurement Standardized Model, Strattec's Supplier Code and Best Practices