Driving spend reduction initiatives: The candidate will be required to participate in cross functional project teams tasked with reducing overall spend through alternate product qualifications or reduced overall consumption. This requires someone willing to use their drive, initiative, and good time management skills to help take ownership in project schedules and commitments. It is vital that this candidate be able to gain respect, establish credibility, and help facilitate cross functional success.
Commodity Management: - A good candidate will be able to provide Operations, Equipment, and Process Engineers with detailed summaries of consumption trends of assigned commodities. The candidate will then be expected to collaborate with these groups to mutually build future consumption forecasts using historical data and upcoming manufacturing demand. The candidate will be expected to then accurately set inventory control parameters within the Company’s Material Requirements Planning (MRP) system (Oracle), to automate the planning, ordering, and delivery of assigned commodities. Long term sustainability will be expected of any processes improvements to ensure we move towards more automation and an overall reduction to unnecessary tactical involvement.
Establish and maintain key strategic vendor relationships: - The Direct Material Commodity Manager will be responsible to build relationships with all strategic vendors to maintain sustained cost reductions, negotiate favorable payment terms, ensure overall vendor supply, and improve responsiveness by reducing lead times. Individuals are expected to be the first point of contact with vendors on all communications including; providing vendors with demand/consumption forecasts, escalating poor supply or quality, facilitating product qualifications, and discussing SPM’s (Supplier Performance Metrics)
New Contracts Negotiation: The Direct Material Commodity Manager will oversee all new contract negotiations to ensure they conform the Company’s policies and guidelines set by the Company’s Legal Group. A good candidate will be able to understand contract terminology, negotiate the most favorable terms for the Company, and ensure all negotiations are completed in a timely manner
Requirements
Minimum 5-10 years related experience in a purchasing. Experience in a manufacturing environment is a plus
Bachelors Degree in Business, Engineering, or Equivalent
Professional Certifications desirable (CPM, CMRP, APCIS)
Knowledge of contract law and governing regulations
Knowledge of Material Requirements Planning (MRP) systems
Proficient in Microsoft Excel – Data analysis, pivot tables, and v-lookups are a must
Strong analytical skills and ability to identify trends
Exceptional communication and presentation skills
Ability to work independently but still demonstrate success in cross-functional coordination
Good organizational skills
