Principal Category Manager

Westinghouse Electric Company, LLC • Cranberry Township, PA

1d • $90,000 - $112,500 • Remote

About The Position

As a Principal Category Manager you will manage the designated category, accountable for all sourcing strategies and implementation. Develop alternative sources, including low-cost countries, and use category spend globally, with a focus on cost efficiencies, product quality, innovation and the most effective supply chain models. Develop and implement new products, processes, standards or operational plans to have an impact on the achievement of functional results.  You will report to the Director, Category Management Direct and work remote.  This is a 100% remote role.

Requirements

• Bachelor's degree or equivalent experience
• 5+ years experience in category management or commodity management
• Experience managing contracts

Responsibilities

• Assigned category - I&C Controls, Systems Installers, I&C Other
• Primary relationship owner for suppliers within assigned category
• Manage the segmentation of assigned spend into sub commodity groups to create levers to achieve our goals
• Develop an overall category strategy to meet organizational goals by improving Total Cost of Ownership (TCO) while securing supply continuity through identifying and mitigating current and potential risks and opportunities in the commodity plan.
• Lead the execution of the category strategy through preferred supplier list (PSL), “right-sizing” non-preferred suppliers, and rewarding preferred partners with business awards tied to Long-term Agreements (LTA) with year over year improvements in cost, delivery, quality, service, and profitability.
• Review analysis from PowerBI and other tools to create insights into the drivers of assign commodity and possible effects to spend and cost projections to use as levers with our supply base.
• Conduct regular business reviews (SRM) with main and strategic suppliers with teams and senior leadership.
• Create presentations for supplier relationship management reviews, commodity plans, risk mitigation proposals, 4-Blockers, and supplier/commodity gap analysis.
• Create a plan to deliver annual our results against metrics of payment terms, on-time delivery, productivity, inflation, and other metrics as determined by Procurement Leadership.
• Research, track, and communicate industry trends, best practices, applicable indices, and competitive offerings to identify opportunities for innovation, competitive advantage, and increased overall productivity
• Develop a productive working relationship with peers on other teams: Engineering, Operations, Quality, and Procurement

Benefits

• Comprehensive Medical benefits which could include medical, dental, vision, prescription coverage and Health Savings Account (HSA) with employer contributions options
• Wellness Programs designed to support employees in maintaining their health and well-being including Employee Assistance Program providing support for our employees and their household members
• 401(k) with Company Match Contributions to support employees' retirement
• Paid Vacations and Company Holidays
• Opportunities for Flexible Work Arrangements to promote work-life balance
• Educational Reimbursement and Comprehensive Career Programs to help employees grow in their careers
• Global Recognition and Service Programs to celebrate employee accomplishments and service
• Employee Referral Program

What This Job Offers

• Job Type: Full-time
• Career Level: Principal