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Responsibilities
The Commodity Manager is responsible for the development, execution, and management of commodity strategies along with the associated global sourcing for commodities, goods and services to support our manufacturing and business operations. This position supervises a team of buyers to identify, qualify and manage a global supply base to provide the team’s assigned commodities.
Create and execute commodity strategies that best leverage supplier capabilities and the company’sprocurement spend to meet corporate objectives (support our near term and long term) of quality, cost, deliveryand customer service
Lead a commodity team to optimize and rationalize our supply chain, including the identification, qualificationand management of new suppliers and related sourcing (re-sourcing, outsourcing) activities and negotiationsactivities to achieve business targets for quality, delivery and cost
Lead the global procurement of materials, services, and freight to support the development, NPI and massproduction requirements
Develop strong relationships with suppliers that facilitate a deep understanding of their organizations andcapabilities to support short term and long term business needs
Liaise with product management and production planning to drive activities related to the timely and costeffective procurement of materials and services while meeting delivery and inventory targets
Develop and implement policies, procedures, and systems to support procurement activities
Coordinate and support on-site supplier visits, assessments, audits, and continuous improvement opportunitiesto optimize total cost and address issues with supplier performance
Assess gaps in supplier performance and implement appropriate continuous improvement activities
Collaborate with Manufacturing and Design Engineering to source, select, and establish new suppliers, sourcenew technologies, as well as resolve technical related issues and tasks
Negotiate and create global supply agreements with key partners to meet corporate objectives
Manage and develop the commodity team to ensure objectives are met and team members are engaged andhigh performing
Ensure KPIs and metrics are tracked and reported for the team’s primary goals and objectivesGenerate various analyses and reports using ERP (SAP) and Excel (other software such as PowerBI)
Manage and support SAP modules that are related to Procurement
Collaborate with cross-functional teams to achieve other relevant business objectives such as meeting annualinventory target
Knowledge, skills, abilities and other characteristics
Broad understanding of supply management and the commodities assigned; looked to as the “go-to expert” for the company and participating in the strategic direction of the organization.Highly motivated and self-driven with a focus on successfully delivering results for the team and meeting overall company goals. Demonstrated capacity acting as a resource for colleagues with less experience
Extremely organized and detail-oriented with the ability to manage large amounts of data from various inputs and consolidate the information for critical business decisions (data analytics)
Demonstrated initiative and capability to manage multiple tasks independently with little direct supervision in afast paced environment.
Strong interpersonal, persuasion, influencing and collaboration skills required, working to build consensus withthe ability to lead cross-business unit and cross-functional teams to create and execute commodity strategies.
Expert negotiation skills: ability to negotiate attractive business terms (e.g., pricing, SOI/VMI) with small to largesuppliers while maintaining healthy, long-term supplier partnerships.
Demonstrates flexibility and the ability to multi-task and balance competing priorities constantly and meet strictdeadlines.
Strong analytical and problem-solving skills, including the ability to anticipate and identify issues or barriers andgenerate solutions, using high level of personal discretion in decision making.
Exceptional verbal and written communication skills. Ability to create written communication that is properlystructured providing clear, concise messages that draw well supported conclusions. Verbal communication skillsrequired across all levels of the organization and with external vendors and suppliers.
Demonstrates in-depth understanding of the financial aspects of Supply Chain operations and knowledge andproficiency across multiple practices within the Supply Chain function to understand, coordinate andcommunicate across the competing demands of each.
Ability to anticipate, recognize and solve complex supply problems; takes a new perspective on existingsolutions; exercises judgment based on the analysis of multiple sources of information
Agility to work within broad guidelines and policies in order to impact a range of customer, operational, project orservice activities within own team and other related teams
Qualifications
Education and/or Experience requirements
Bachelor’s Degree in Supply Chain, engineering, business, or related field (Engineering strongly preferred)
Minimum 12 years’ experience in manufacturing environment, including 10 years in purchasing or supply chain
Minimum of 5 years of strategic supplier sourcing analyses and execution
APICS or CPM Certification strongly preferred
Strong working proficiency with Microsoft Office, including expert level functionality with Excel\
Minimum 3 years’ experience working within and between ERP systems (SAP preferred), and analytics software(PowerBI, Tableau, SAP Analytics Cloud, etc.)
Knowledge of best practices and how own area integrates with others; is aware of the competition and thefactors that differentiate them in the marke
Strong technical and business knowledge of, and experience in buying and sourcing in the segment served (i.e.,electrical commodities / machined parts, sheet metal, mechanical assemblies, optical components andassemblies, plastics, and ceramics)