Traci Feltz
About
Traci Feltz is from Detroit Metropolitan Area. Traci works in the following industries: "Automotive". Traci is currently Senior Sourcing Manager at Molex. In Traci's previous role as a Purchasing at Lucid Motors, Traci worked in until Aug 2025. Prior to joining Lucid Motors, Traci was a Purchasing Manager at Plastic Omnium and held the position of Purchasing Manager. Prior to that, Traci was a Global Purchasing Manager -New Programs at Dura Automotive Systems LLC from Aug 2013 to Feb 2019. Traci started working as Project Buyer at Valeo in May 2012. From Jun 2011 to May 2012, Traci was New Program Buyer at Faurecia Automotive Seating. Prior to that, Traci was a Program Buyer - Series Life at Faurecia Automotive Seating from Jan 2009 to Feb 2012. Traci started working as Buyer at General Motors in Dec 2004.
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Traci Feltz's current jobs
Traci Feltz's past jobs
Support, manage and drive the purchasing strategies within the business segment globally to ensure the acquisition of new business. Leadership responsibility for program cost development. Support and drive program profitability through customer quoting process and APQ. Work collaboratively cross functionally (ie: Sales, Engineering and Program management) to support Program and Customer requirements. • Lead a team of four buyers globally responsible from acquisition to successful launch of programs • Lead product workshops with cross functional teams globally identifying $3.4M in savings on APV of $51.5M • Act as material champion in support of winning new business • Develop strategy for global program sourcing and supplier optimization • Lead and participate in VAVE activities • Participated diversity trade shows designed to introduce diversity suppliers to increase spend
Manage purchasing activities related to launching a new program – identify cost savings for new projects. Ensure supplier is ready for production. Ensure deliverables from suppliers to fulfill APQP activities handled by SQA. • Manage purchasing and costing activities related to launching a new program– RFQ packages, sourcing documents and supplier selection/negotiations. Facilitate supplier design reviews to ensure all production kick-offs and timing are in with engineering and quality requirements. • Manage the sourcing of prototype and production suppliers and ensuring program timing is met • Assisted in the costing activities during acquisition stage
Manage purchasing activities related to launching a new program for metals related to seating (metal stampings, recliners and tracks) – RFQ packages, sourcing documents and supplier selection/negotiations. Develop and manage Launch Reports to assure programs are on time/on budget. Work closely with cross functional teams - assuring sourcing recommendations is consistent with Commodity Strategies, to maintain a globally competitive, world-class Supply Base. Issued Purchase orders thru SAP. • Managed the purchased BOM costing function for new business opportunities being pursued by the Sales and Business Development teams (Purchased BOM cost, supplier tooling cost, lead times) • Managed supplier readiness to ensure program timing and requirements are met • Worked with supplier development engineers to manage timing for APQP, confirm completion of critical APQP elements, Design Reviews, Launch Readiness Reviews and Safe Launch Plans • Managed the resource of fasteners across programs resulting in cost reductions of $400k • Managed business transfers for current production parts for localization in Mexico ensuring no interruption to production; resulting in a $1.5M annual freight savings
Negotiated pricing and annual cost reductions. Managed engineering changes with suppliers and internal departments. Indentified and developed new suppliers on a global basis. Analyzed cost and supplier competitiveness.
Prepared monthly, quarterly and annual financial reports/statements/data filings based on GAAP and statutory requirements. Reconciled and balanced multiple general ledger accounts. Performed Sarbanes Oxley (SOX) and Process Risk Management (PRM) analysis and testing internally. Coordinated and performed testing in relation to system projects.
Analyzed loss ratio performance, premium trends and deficit positions of dealer reinsurance programs.