Since 1921,
Neapco has been a leading supplier of innovative driveline solutions to original equipment manufacturers and the global automotive industry. Neapco designs, manufactures, and distributes high quality, cost-effective OEM and aftermarket driveline products for automotive, light truck, heavy truck, off-road, off-highway, agriculture, and industrial applications. Recognized by Crain’s Detroit Business “Fast 50” in 2020 and Private 200 in 2021, and honored with multiple Supplier Quality Awards, Neapco’s agile, passionate, and diverse approach fuels a relentless focus on establishing, maintaining, and strengthening professional partnerships.
As we move forward into our new century, Neapco continues our long tradition of quality and excellence by placing team members first, from safety and personal enrichment to professional development.Neapco is seeking a results-driven individual to join our team as a Manager, Global Material Cost Management. The Manager, Global Material Cost Management, will be responsible for providing leadership, direction, and support to a global team for cost reduction initiatives including, but not limited, vetting, executing, and validating potential cost savings opportunities, lead cross-functional coordination, develop business cases, and reporting.
This position is new, driven by growth, and will report to the Vice President, Global Purchasing and is based at our Headquarters in Farmington Hills, Michigan. It is extremely important this team member be aligned with Neapco’s Core Values of Partnership, Passion, Agility, Teamwork, Integrity, and Diversity. Compensation depends upon qualifications.
Job Description: Manager, Global Material Cost Management
Including but not limited to:
Key Responsibilities
- Lead strategic projects cross-functionally with global Purchasing, Program Management, Sales, Quality, and global manufacturing facilities.
- Develop and manage project schedules and budget allocation
- Monitor status of projects and regularly report to top management
- Understand customer and supplier validation, demand, and capabilities requirements necessary to execute unique projects.
- Drive operational/ process efficiency working in close collaboration with key stakeholders and local management
- Identify and mitigate project risks to ensure on-time delivery
- Drive efficiency in project planning, execution, processes modifications
- Ensure structured documentation and reporting
- Support the procurement team through the utilization of cost estimation tools to analyze material purchase costs for fact-based supplier engagement and negotiations
- Supports competitor supply base benchmarking and other activities to position the organization for growth
- Supports internal and external VAVE activities, working in conjunction with departmental teams, and helps identify cost opportunities through supplier discussions and/or other market intelligence
- Collaborates globally with other Global Purchasing team members and colleagues
Required Skills
- Proven leadership, problem-solving and communication skills
- Can focus on details and technicalities while simultaneously retaining a comprehensive vision of the big picture
- Excellent interpersonal skills with persuasive attitude
- Strong adherence to timelines with ability to perform under pressure
- Financial acumen of company P&L/balance sheets
- Proficiency in project management tools (MS Projector similar).
- Knowledgeable in APQP, PPAP, R&R, validation testing and program launches
- Adept at change management
- Ability to get work done at all levels in an organization
- Excellent verbal and written communication, and analytical and leadership skills
- Strong proficiency in Microsoft Office’s Excel, Project, SharePoint, PowerBi, Word, and PowerPoint
- Approximately 5-10% global travel
Desired Experience and Education
- Minimum five (5) years purchasing, program management, or engineering experience, preferably in the automotive industry
- Strong project management experience while working with stakeholders in multiple functions
- Must have experience handling complex projects needing stakeholder approvals
- Experience with automotive components purchasing and negotiation
- Bachelor’s Degree with a focus in Business Administration, Supply Chain, Finance, Accounting, or Engineering, or equivalent experience required
Neapco recognizes that our team members are our most valuable asset, and we are committed to providing them with a safe, drug-free workplace fostering respect and ethical treatment. Unlawful discrimination in employment decisions based on race, color, religion, ethnic/national origin, age, sex, veteran status, disability, or any similar protected status is strictly prohibited.In return for their expertise and shared commitment to our goals, we offer our team members competitive salaries and a comprehensive benefits package. www.neapco.com
