Commodity Manager
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Commodity Manager
Job Description
The Manager, Commodity is a mid-level management role responsible for leading commodity management strategy and execution to support cost competitiveness, supply continuity, quality, and risk mitigation. This role manages commodity professionals and/or supplier portfolios and serves as the strategic owner for assigned commodities across sourcing, contracting, and supplier performance. The Manager, Commodity has a direct impact on cost structure, supply assurance, and alignment between Procurement and broader business objectives.
Responsibilities and duties
- Lead, coach, and develop Commodity Managers, Buyers, or Sourcing Specialists
- Set performance expectations tied to cost, quality, delivery, and risk objectives
- Conduct performance reviews, coaching, and development planning
- Support hiring, onboarding, and capability development.
- Develop and execute commodity strategies aligned with business and supply chain objectives
- Analyze market trends, capacity, cost drivers, and supply risks
- Define sourcing approaches, supplier segmentation, and make‐buy strategies
- Drive competitive sourcing, negotiation, and contracting activities
- Own strategic supplier relationships within assigned commodities
- Monitor supplier performance related to cost, quality, delivery, and innovation
- Lead business reviews and corrective action plans for underperforming suppliers
- Serve as escalation point for supplier issues or disputes
- Drive cost reduction, cost avoidance, and value‐creation initiatives
- Lead negotiations for pricing, terms, and commercial agreements
- Identify and mitigate supply, geopolitical, and market risks
- Partner with Finance to ensure alignment with budgets and forecasts
- Collaborate with Engineering and Product teams on design‐to‐cost and standardization
- Partner with Operations, Quality, and Planning to ensure supply continuity
- Support new product introductions and change management activities
- Align procurement decisions with operational and customer requirements
- Ensure compliance with procurement policies, ethical standards, and controls
- Standardize sourcing processes, tools, and documentation
- Track KPIs related to cost, performance, and supply risk
- Identify opportunities to improve sourcing efficiency and effectiveness
Education, Experience and Skills
- Bachelor's degree in Business, Supply Chain Management, or related field
- 5+ experience in procurement or supply chain management, with at least two years in a managerial role
- Strong negotiation skills and ability to build and maintain relationships with suppliers
- Excellent analytical skills with attention to detail
- Strong communication and interpersonal skills, with the ability to collaborate cross-functionally with stakeholders at all levels of the organization
- Proficiency in procurement software and technology, including ERP systems
- Understanding of relevant laws and regulations related to procurement
- Certification in procurement or supply chain management is preferred
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