Commodities Management Specialist
hace 1 semana
Company: Integer
About Us:
Integer is a company that values a common set of principles that unify its employees and position it for long-term success. Our values are embedded in everything we do, and we strive to create a culture that embraces the uniqueness of each individual.
Job Description:
Job Summary:
As a Commodities Manager at Integer, you will be responsible for developing and implementing sourcing strategies for assigned commodities, focusing on driving cost reduction initiatives through negotiation, competitive leverage, outsourcing, and process improvements. You will gather market intelligence and trends for categories and subcategories, identify risks within commodities, and work closely with stakeholders to eliminate or take mitigating actions for strategic risks.
Key Responsibilities:
- Develop and implement sourcing strategies for assigned commodities, focusing on driving cost reduction initiatives through negotiation, competitive leverage, outsourcing, and process improvements.
- Gather market intelligence and trends for categories and subcategories.
- Identify risks within commodities and work closely with stakeholders to eliminate or take mitigating actions for strategic risks.
- Analyze data and develop tools to manage commodities. Coordinate all strategic sourcing activities for assigned categories, including financial analysis.
- Compile aggregate demand for assigned categories across all Integer locations to leverage spend for contract negotiations.
- Identify competitive suppliers and develop comprehensive supplier knowledge and database.
- Identify insourcing and outsourcing opportunities.
- Guide internal stakeholders through a systematic commodity approach to material and supplier selection and management.
- Promote and work towards continuous value improvement for all aspects of quality, service, and cost with assigned supply base.
- Manage supplier performance and identify continuous improvement programs to improve total cost of ownership accordingly.
- Ensure optimal balance between collaborative engagement and competitive pressure with supply base to ensure maximum value is realized, including negotiation or value improvements and optimal supplier contracts.
- Manage strategic supplier relationships in line with commodity strategy.
- Negotiate supplier agreements and work with contract management and legal teams to ensure assigned categories are covered contractually with favorable commercial terms.
- Work with cross-functional teams, including engineering, quality, supply chain, and operations, to determine business needs and drive implementation of commodity strategy plan.
- Use project management and problem-solving skills to resolve supplier issues and support sourcing strategy execution.
- Work closely with finance and supply chain analytics teams to ensure standards and savings data are accurate for assigned categories during budgeting and forecasting processes.
- Own annual budget process for assigned suppliers as well as crisis or systematic issue resolution.
- Ensure supplier selection for new product introduction programs that provide lowest total cost, required quality, and delivery levels with minimum level of risk in line with Integer's commodity strategies.
- Establish early involvement in new product introduction program sourcing to achieve development performance goals, support project timelines, and manage product cost.
- Adhere to Integer's values and all safety, environmental, security, and quality requirements, including quality management systems (QMS), safety, environmental, and security management systems, U.S. Food and Drug Administration (FDA) regulations, company policies, and operating procedures, and other regulatory requirements.
Requirements:
Education & Experience:
- Minimum Education: BS/BA degree in engineering, supply chain management, or equivalent required. MBA or advanced degree preferred.
- Professional Certification: CPSM, Six Sigma certification preferred.
- Minimum Experience: At least 5 years of sourcing/supply chain management experience in a multi-location manufacturing-based business, preferably medical device, aerospace, or automotive industries. At least 2 years of commodity management experience, preferably electronics and/or metals.
Knowledge & Skills:
- Specialized Knowledge: Specific commodity and industry expertise. Negotiating and procurement principles.
- Special Skills:
- Must have strong, demonstrated negotiation experience/skills.
- Must have project management experience including root cause analysis, cross-functional mediation, and facilitation.
- Demonstrated track record of implementing commodity strategies resulting in significant financial and operational benefits for the organization.
- Demonstrated track record of cost reduction required.
- Experience in medical device industry preferred.
- ERP experience (in-depth understanding of procurement, MRP applications) desired.
- Good understanding of how supply chain/sourcing interacts with other functions.
- Experience in strategic sourcing approaches including value chain analysis, cost models, ESI, partnership development.
- Direct experience in supplier contract negotiations.
- Ability to build supplier relationships at all levels.
- Ability to operate both at strategic and tactical level.
- Strong strategic thinking, problem-solving, and analytical skills. Ability to apply a long-term view while ensuring day-to-day delivery of results.
- Advanced technical knowledge including various manufacturing processes and ability to read and understand blueprints.
- Strong financial acumen especially as related to sourcing and supply chain.
- Detail-oriented with strong quantitative analytical skills.
- Proactive, ability to meet aggressive deadlines, and maintain strong internal customer focus required.
- Ability to manage multiple priorities and tasks simultaneously.
- Recognized inside and outside the organization as subject matter expert.
Other:
- Strong written and verbal communication skills.
- Team player. Effectively works with cross-functional teams.
- Open-minded and collaborative.
- Excellent self-discipline works under limited supervision.
- Strong sense of accountability, results-oriented, can-do attitude.
- Fluent in English, further language skills a plus.
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