Cummins Inc. Hiring for Metal Market Analyst at Pune, India Full Time

Metal Market Analyst

Description

Collects information, inputs, data from various sources and conducts analysis/simulations to support or report sourcing work.

Analyzes sourcing information and presents findings for process improvement and cost reduction while maintaining high quality product and/or service delivery.

May source assigned items and executes buying strategies in accordance with agreed sourcing strategy at the optimum cost.

Procures inventory, supplies, and capital goods; places purchase orders with vendors.

Analyzes sourcing and purchasing initiatives and processes in support of the delivery of cost effective and high quality goods and services.

Prepares and presents recommendations of improvement opportunities and alternative courses of action to senior purchasing/sourcing leaders.

Consistently applies sourcing policies, procedures and processes.

Supports purchasing/sourcing management in activities such as price benchmarking, vendor management, process analysis, market and industry research, and model building.

Conducts minor contract negotiations.

Gathers information and provides input on larger contracts.

Manages loading and retrieving of legal and compliance documents into applicable storage systems to support regulatory, audit and research activities.

Assists in the process of interviewing and evaluating sales representatives and vendors.

Supports Six Sigma projects through active team membership or provision of data and market intelligence.

Interacts with suppliers with regard to payments and order fulfillment.

Procures services and goods, inventory, supplies, and capital goods (CIP)

Compiling and managing Ariba IAC’s (Invoice against Contracts) – (CIP)

Low complexity /risk sourcing work and contract development under supervision

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Qualifications

Skills

Action oriented – Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.

Communicates effectively – Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.

Confidential Disclosure – Protects Cummins confidential information by using the appropriate channel of communication and ensures that Confidential Disclosure Agreements are in place with all suppliers that Cummins interacts with to protect Cummins Confidential Information and to ensure that the suppliers confidential information is not misused or disclosed in any manner.

Cost Management – Establishes and controls product and service costs using functional tools to deliver and track product and services at competitive prices; ensures competitiveness of Cummins products in our markets while preserving desired margins.

Customer focus – Building strong customer relationships and delivering customer-centric solutions.

Courage – Stepping up to address difficult issues, saying what needs to be said.

Balances stakeholders – Anticipating and balancing the needs of multiple stakeholders.

Manages conflict – Handling conflict situations effectively, with a minimum of noise.

Category Strategy Development – Establishes category strategy using Total Value Performance approach to define the Supply Base and Technology Strategy to meet all current and future Cummins’ needs; manages risk and inclusion of diverse suppliers.

Purchasing Ethics – Avoids supplier engagement that may compromise supplier sourcing, selection, and management processes and seeks counsel to ensure compliance.

Purchasing Policies, Procedures, Tools – Complies with purchasing policies and procedures and complies with them in daily work; leverages tools to conduct procurement initiatives; assesses documents for clarification and seeks guidance for clarification of the information needed.

Purchasing Systems – Recognizes linkage to multiple systems such as purchasing order, payment, engineering release, and quality systems; troubleshoots and corrects issues resulting from data issues; writes ad-hoc reports using tools within each application; identifies and documents work flows and system testing; actively participates in implementation process of new purchasing systems including requirements gathering, design, communication, and training.

Source to Pay Principles – Leverages key principles of the Source to Pay process to smoothly execute sourcing decisions, order placement, material/service acquisition and on-time payment of Suppliers.

Sourcing – Utilizes the purchasing functional system to support the Request For Quote process and establish a Total Cost of Ownership comparison of suppliers based on the category strategy and define the supplier that is most likely to meet Cummins and customer’s needs.

Education, Licenses, Certifications

College, university, or equivalent degree in field appropriate for the function required.

This position may require licensing for compliance with export controls or sanctions regulations.

Experience

Minimal prior experience is required.

This role is part of CGSA Source to Pay Function and person need to work on different sourcing projects within function along with Metal market Analyst work.

This role is IOC based – Hybrid in nature .

below are some special work deliverables of the role.

Generate, update & upload Metal Market Master report in MetalsCorporate Portal – Timely & Accuracy.

• Using Fastmarkets, LME, CRU, Argus, Tupy pricing…

• Sourcing (myself) takes care of any subscription related concerns/renewals

• Generate the Global Metals Calculator (GMC) Report for CTT inHuddersfield and Charleston Plants- Timely & Accuracy .

• Generate Metal Market Indices for EBU and share it with the EBUFinance team – Timely & Accuracy

• Monthly Metal Market Newsletter – Timely & Accuracy

• Quarterly Metal Market Update for Supply Chain for the SCLT Review-Timely & Accuracy

• Molybdenum data from Source Argus – Timely & Accuracy

• Provide HRC, CRC data from source CRU and AMM to stakeholder – Timely &Accuracy

• Working closely with finance team to ensure metal market basket is up to date and being agile in any requested changes

• Adding additional indices when directed to do so by global teams

Person need to have very good communications and presentation skills .

prior experience to work in metal market Analysis area is preferred.

Experienceof working on Price change & Price fixation process for DirectMaterial suppliers is preferred.

Job PURCHASING

Primary Location India-Maharashtra-Pune-India, Pune, IOC Tower A

Job Type Experienced – Exempt / Office

Recruitment Job Type Exempt – Experienced

Job Posting Mar 12, 2023, 1:30:00 PM

Unposting Date May 12, 2023, 1:29:00 PM

Organization Corporate

Req ID: 230002E5