Project Procurement Manager Indirect Cost Optimization

**Who We Are**

HORSE Powertrain Solutions a global innovation and manufacturing partner for low-emission and alternative-fuel power needs. Headquartered in Madrid, Spain, the company employs 9,000 people globally across 8 plants and three R&D centres. Born of a strategic vision, Horse Powertrain Solutions is part of a joint venture between Renault Group and GEELY. Our mission is to provide next-generation powertrain solutions as markets around the world transition to a more sustainable future. HORSE Powertrain Solutions believes there is no one-size-fits-all solution to sustainable mobility and so is producing and developing products for the varying needs of customers around the world.

**Job Purpose**

As PPM Indirect Cost optimization, the role is about analysing operational and financial activity of Indirect Material Departments and ensure efficiently without compromising on quality, performance, or customer satisfaction. This role involves developing and implementing methodologies for control the Indirect activity and help the employees to work more productively.
- Define and analyze current procurement performance reports to identify on which commodity or supplier we have inefficiencies, bottlenecks, and areas for improvement.
- Develop and implement strategies to align cost optimization with the targets received from the company.
- Work closely with internal stakeholders, suppliers, and cross-functional teams to implement cost-saving strategies, optimize procurement performance, and contribute to overall company profitability.
- Focus on driving cost efficiency initiatives while ensuring the ethical sourcing.
- Involved on cross team within JV to unlock synergies.

**Scope**
- Company Involvement:

- Lead the analysis of procurement expenditures to identify opportunities for cost savings and optimization across various categories.
- Geographical Scope:

- The PPM Cost Optimization work with all Procurement Organization (Europe, Latam and at JV level if needed), especially with Indirect commodities.
- Technical Expertise:

- The PPM Cost Optimization brings extensive experience in cost-effective purchasing strategies and tools. This includes a deep collaboration with Financial Cost Control Department.
- Key Decision Forums:

- The PPM Cost Optimization regularly communicate with buyers and managers exchanging benchmark of other companies and participate to the Strategy and Transformation committees and meetings, ensuring alignment with the company’s strategic goals.

**Key Responsibilities**
- Continuously monitor and evaluate purchasing data to identify trends, areas for cost reduction, and opportunities to negotiate better terms with suppliers.
- Define FECS and Input Cost process and pilot the validation process.
- Work closely with finance teams to set purchasing budgets, track expenditures, and forecast future purchasing needs while ensuring that cost optimization goals are met.
- Oversee the contract lifecycle, ensuring that terms, delivery schedules, and pricing structures align with cost optimization objectives.
- Work with other departments to ensure that purchasing decisions align with the broader goals of the organization, such as cost reduction, quality improvement or client satisfaction.
- Use data and analytics to measure and report on process efficiency initiatives, track the effectiveness of purchasing strategies, and provide insights to senior management.

**Deliverables and Performance Indicators**
- Monitor market trends, supplier pricing, and external factors to forecast and address potential cost increases.
- Conduct performance reviews with the commodities, evaluating customer satisfaction, quality, and cost-effectiveness.
- Develop and maintain KPIs and dashboards to track procurement performance and identify areas for improvement.

**Key**Collaborations
- Procurement Strategic Management Team and the Cost Optimization Senior Manager:

- Support budget development and ensure that procurement activities remain within financial targets.
- Communicate procurement updates, quality improvements and procurement insights to senior leadership.
- Financial team:

- Partner with finance, sales, and other departments to align cost optimization strategies with company objectives.
- Collaborate with finance on results of procurement performance each month and find solutions and ways to be into the budget establish.
- Engineering team:

- Partner with the others PPM Cost Optimization and with Clients/Customers department to find the best solutions on our products - simple, standard, efficient.
- Procurement Advisors:

- Work with suppliers to improve value, streamline operations, and identify joint opportunities for cost savings.
- Train the procurement team on cost-effective purchasing strategies, tools, and best practices to ensure that all team members contribute to cost optimization efforts.