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Global Economic Optimization Lead

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Date: Jan 17, 2021

Location: Singapore, SG, 237994

Company: Corning

Internal Corning Employees are provided the opportunity to review global job openings for potential interest. However, they are encouraged to do so with the understanding that whether or not they will be considered a candidate for positions located outside their geographic area (city, country, region) will depend on a number of factors such as the availability of local subject matter expertise or qualified talent, the need to obtain and availability of work authorization, costs associated with internal transfer, etc. It will be the decision of the hiring organization whether to permit employees applying outside the local area where the opening exists to be considered a candidate for that opening. It is recommended employees wishing to apply for job openings at Corning make their supervisor aware of their interest before formally applying.

 

Requisition Number: 41850 

 

The Global Economic Optimization (EO) Lead is responsible for setting up the strategy, framework and tools to optimize the information utilization of market news and economic data, in order to provide insights and actionable recommendations to help Corning Global Supply Management (GSM) global and regional category leaders enhance their decision making process to optimize the total cost of ownership.

 

ROLES & RESPONSIBILITIES

  • Identify and build tools to capture both short and long-term market developments and recommend actions to category managers
  • Build Should Cost Models for direct and indirect categories and identify cost drivers which impact Corning purchased goods and services
  • Synthesize news (e.g. market and geopolitical events) and quantify data (e.g. macro economic indicators, index, price trend) to come up with tangible and usable recommendation for global and regional category leaders 
  • Use Digital platforms to communicate market events and Corning impact to the category leaders and leadership, so they capitalize the benefits or minimize the impact for Corning 
  • Operationalize Corning EO tools, manage daily alerts so that categories leaders receive timely market news and price update
  • Evaluate and engage third party information providers as necessary for market data and information
  • Working with third party app developer and IT department to identify and set up the required structure to enable optimal data and information distribution and continue to enhance the capability of EO App

 

REQUIREMENTS

  • 15 years+ working experience designing, deploying and operationalizing global supply management processes and tools
  • Extensive experience in manufacturing MNCs in direct category management roles (chemicals, polymers, energy, metals, minerals etc.) 
  • Deep Knowledge in at least one or ideally several of following commodity markets: Oil & Gas, Petrochemicals and Polymers, Metal, Minerals on a regional or global level
  • Strong analytical skills – should cost models, currency and commodity market analysis
  • Strong understanding of data and how to use and model it to develop and execute strategies
  • Strong Digital skillset and experience
  • Creative and flexible (adapts well to changing circumstances; suggest ways to improve processes)
  • Cross-cultural resourcefulness with experience in working in matrix organization or MNC
  • Ability to effectively articulate a complex strategy and vision
  • Familiar with Contracting processes/tools
  • Flexibility to attend evening calls due to nature of global role   

 

OTHER SKILLS

  • Experience in working in and with commodity consultancy firms
  • Previous experience in positions like Business Analysis Manager, Procurement or Marketing Center of Excellence or in Controlling in MNCs is a plus 
  • Experience in developing or governing company internal knowledge shared portal is a plus  
  • Ability to engage and influence across different levels especially senior management

 

EDUCATION

  • Minimum Bachelor’s Degree

 

TRAVELLING

  • 25% (International)