Commodity Manager
hace 4 meses
**Commodity Manager**
**What Will You Do?**
The Commodity Manager will be responsible for developing and implementing sourcing strategies for aluminum and fasteners across various business units. In this role, you will lead negotiations, contract development, and deliver year-over-year improvements in total cost of ownership. You will also monitor and drive supplier performance, manage supplier relationships for a portfolio of direct material commodities, and improve working capital through inventory reductions and better payment terms.
Key responsibilities include:
- Develop comprehensive supply chain strategies for assigned commodities, addressing quality, delivery, cost, inventory, sustainability, and new product development.
- Review and analyze current spend on commodities, identify cost-saving opportunities, issue RFQs, lead negotiations, manage supplier transitions, and collaborate with engineering on VA/VE projects to meet annual cost reduction targets.
- Assess supplier capacity and ensure alignment with the business unit’s demand plan. Take proactive actions to meet service level goals.
- Negotiate, develop, and maintain purchasing contracts, non-disclosure agreements, and supplier stocking agreements for assigned commodities.
- Manage supplier relationships to ensure maximum value in terms of price, quality, service, and reliability. Collaborate with suppliers to reduce lead times and improve overall performance using lean methodologies.
- Handle market-related disruptions and crisis management when necessary. Provide leadership and communication across internal teams and suppliers to mitigate risk.
**Skills/Knowledge/Abilities**:
- Proven ability to lead and manage cross-functional project teams.
- Strong organizational and time management skills; able to handle multiple priorities in a fast-paced environment.
- Expertise in negotiation, change management, and influencing key stakeholders.
- Advanced computer skills, with proficiency in word processing, spreadsheets, presentations, and database software.
- Strong analytical skills with the ability to conduct thorough research, summarize data effectively, and make informed recommendations.
- Highly collaborative and able to work well in a team environment.
- Excellent verbal and written communication skills, capable of engaging with all levels of the organization.
- Demonstrates ethical sourcing practices and professionalism.
**Education**:
- Bachelor’s Degree in Business, Engineering, Computer Science, or a related technical discipline.
**Experience**:
- 5+ years of experience in Procurement/Sourcing.
- ISM/APICS certification or affiliation is a plus.
No
Age
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