61 Develops and/or assists with Strategic Sourcing plans and objectives (short & long term) based on project demand and taking into account economic and currency trends and conditions that affect GSM, the business, and the global commodity sourced. 61 Works with the Business, PMO, Engineering on assigned global equipment requirements to prepare and solicit competitive bids, quotations, and proposals with pertinent specifications, terms and conditions. 61 Lead cost reduction portfolio setup and drive capital efficiency to meet business requirement 61 Develops new suppliers with new technologies to fulfill project requirements, supplier performance maintenance and supplier base consolidation 61 Owns the Supplier Relationship Management process for the assigned commodities. Develops and cultivates effective relationships with suppliers. 61 Develop, maintain, and execute Shared Objectives and Service Level Agreements.