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Head of Supplier Integration, Construction
Commonwealth Fusion SystemsDevens, MA, United StatesRemotefull_timeVerifiedPosted 1 Jun 2023
About the role
Commonwealth Fusion Systems (CFS) has the fastest, lowest cost path to commercial fusion energy.
CFS collaborates with MIT to leverage decades of research combined with groundbreaking new high-temperature superconducting (HTS) magnet technology. HTS magnets will enable compact fusion power plants that can be constructed faster and at lower cost. Our mission is to deploy these power plants to meet global decarbonization goals as fast as possible. To that end, CFS has assembled a team of leaders in tough tech, fusion science, and manufacturing with a track record of rapid execution. Supported by the world’s leading investors, CFS is uniquely positioned to deliver limitless, clean, fusion power to combat climate change. To implement this plan, we are looking to add dedicated people to the team who treat people well, improve our work by adding multifaceted perspectives and new ways of solving problems, have achieved outstanding results through a range of pursuits, and have skills and experience related to this role.
This role is to partner with the business to support the company’s long-term objectives through contract negotiations, risk mitigation and meeting schedule.
CFS collaborates with MIT to leverage decades of research combined with groundbreaking new high-temperature superconducting (HTS) magnet technology. HTS magnets will enable compact fusion power plants that can be constructed faster and at lower cost. Our mission is to deploy these power plants to meet global decarbonization goals as fast as possible. To that end, CFS has assembled a team of leaders in tough tech, fusion science, and manufacturing with a track record of rapid execution. Supported by the world’s leading investors, CFS is uniquely positioned to deliver limitless, clean, fusion power to combat climate change. To implement this plan, we are looking to add dedicated people to the team who treat people well, improve our work by adding multifaceted perspectives and new ways of solving problems, have achieved outstanding results through a range of pursuits, and have skills and experience related to this role.
This role is to partner with the business to support the company’s long-term objectives through contract negotiations, risk mitigation and meeting schedule.
This team member will:
- Conduct advanced quantitative analysis to identify financial impacts of decisions and performance for categories managed
- Set strategies for categories managed that take into account supplier relationships, supply risk, and financial impact
- Perform business process analysis and develop models to improve cost. Collaborate with stakeholders to define SLA's and KPI's for suppliers and measure the appropriate criteria, such as: delivery of business results, cost reduction, quality and timeliness of delivery. Conduct research, perform benchmarking, and gather market analysis for assigned categories
- Design and implement procurement processes that scale with the company as it continues to grow
- Drive cost reduction projects including planning, coordinating with stakeholders, estimating completion, and project updates
- Author contract documents with Legal. Manage contracts ensuring performance of the supplier to contract obligations. Understand interrelationships between contracts and terms while applying creativity and sound business reasoning to interpret application of contract to business needs
- Utilize creative negotiations to maximize value and cost savings benefit while lowering risk
- Establish preferred suppliers by category. Create and implement related management programs to develop, continuously improve, manage the performance of, and monitor KPIs of the supply base
- Develop and maintain key internal stakeholder relationships to create strategic sourcing models that optimize the value of products and services that support business unit requirement to maintain continuous cost reduction programs for controllable expenditures. Communicate, manage, and drive compliance to category strategies. Provide solutions to a wide range of difficult problems
- Create sourcing strategies for assigned category to reduce risk and meet targets for the Procurement Department including but not limited to payment terms, cash targets, and cost savings
- Lead and mentor team members
- Issue purchase orders and resolve blocked invoices related to assigned category
- Develop and lead efforts to reduce number of transactions and for assigned category
- Skillfully balance the price, delivery, quality, service, and value tradeoffs and rationalize the supply base
- Adhere to all supply chain policies, procedures, guidelines and instructions including those regarding the procurement of materials, intellectual property, and export compliance
- Negotiate internally and externally at high levels or with persons of influence frequently
The ideal candidate will have most, if not all, of these requirements:
- Bachelor’s degree
- 10+ years experience in Procurement or Supply Chain
- At least 7 years experience in Indirect
- Technical Procurement Expert
- Strong experience negotiating contracts
- Creative negotiating skills
- Exceptional communications skills
- Strong collaboration and relationship building skills
- Ability to prioritize and execute tasks
- Works with Integrity
- Strong Customer Service skills
- Remarkable problem-solving skills
- Works well under pressure
- Possesses excellent judgement
Additional preferred experience and/or qualifications:
- Experience in a start-up or high growth environment
- Experience managing multiple levels of staff
- Experience in manufacturing environment
- Willingness to travel or work required nights/weekends/on-call occasionally
- #LI-Remote
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