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Commodity Manager

Roles & Responsibilities

  • BS/BA in a related discipline, or advanced degree, or equivalent combination of education and experience
  • Knowledge of mechanical and electrical components
  • Excellent verbal and written communication skills
  • Demonstrated understanding of the entire supply chain and cost drivers, with data and financial analysis capability

Requirements:

  • Develop commodity strategies for mechanical and electrical components, including analyzing sourcing options, spend analysis, and supplier strategy development
  • Manage supplier relationships through pricing negotiations, performance monitoring, supplier selection, and collaboration to achieve cost reductions and supplier-led improvements
  • Develop and negotiate contractual agreements to provide price protection and supply security, coordinating with legal, business, and technical teams, and ensuring terms are executed
  • Lead supplier performance and risk management by coordinating cross-functional teams to drive continuous improvement, monitor quality and delivery, and optimize supply chain efficiency

Job description

Job Type
Full-time
Description
  • You will achieve your objectives by demonstrating a clear understanding of the business structure, good communications skills, a proactive, entrepreneurial mindset, and the ability to multitask and coordinate with various functions.
  • Commodity Strategies: Develop commodity strategies with a strong focus on mechanical and electrical components including analyzing and developing sourcing strategies; spend analysis and supplier strategies.
  • Supplier Relationship Management: Includes negotiating pricing, monitoring performance to agreed terms and conditions, and supplier selection. Collaborate with key suppliers to expand knowledge and identify opportunities for improvements resulting in a joint benefit to the company and supplier. Leverage supplier expertise and/or technology to harness improvements in reducing total costs. Collaborate with procurement engineering and design engineering to find the best supplier to meet the cost, quality and design requirements.
  • Contractual Agreements: Develop and negotiate contractual agreements to provide price protection and supply security in consultation with legal, business, and technical functions. Execute requirements per terms of the agreements.
  • Supplier Performance Management: Working with supplier quality, engage suppliers to provide long-term solutions to quality issues. Coordinate cross functional and business discussions to drive continuous improvement opportunities throughout the organization. Monitor quality and delivery performance of key suppliers.
  • Risk Management: Develop supplier relationships resulting in optimized supply chain efficiencies and security of supply. Evaluate supplier's capabilities and capacities while implementing plans to ensure adequate supply of goods and services. Negotiate agreements with suppliers that mitigate or spread the overall risk.
Requirements

 

Requirements

  • BS/BA in related discipline, or advanced degree, where required, or equivalent combination of education and experience. 
  • Knowledge of mechanical and electrical components
  • Excellent verbal and written communication skills
  • Ability to interact with inter and intra departmental personnel, as well as management.
  • Strong computer skills
  • Successful experience in negotiating with senior level managers.
  • Demonstrated understanding of entire supply chain and cost drivers.
  • Demonstrated data and financial analysis capability.
  • Cross functional/organizational project management and facilitation skills (internal and external).
  • Demonstrated self-starter.

Benefits:

  • 401(k) matching
  • Dental and vision insurance
  • Disability insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance 
  • Life insurance
  • Paid time off
  • Tuition reimbursement
  • Employee Incentive Program (EIP) 
Salary Description
$125,000 - $150,000 per year

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