Commodity Manager - Small Machining & Hardware

Job Overview

• Develop specific global category strategies for single or multiple categories of spend. i.e. Electronics, Steel, Raw Materials, etc.
• Standardize Contracts and Master Purchase Agreements for 80% of category purchase.
• Coordinate activities across all applicable regions to identify and qualify suppliers capable of providing products and services to meet business requirements, ensuring productivity, continuous improvement and negotiated lowest total cost of ownership.
• Lead and participate in team collaboration where category management expertise is required.  Ensure category strategy is understood, supported and implemented.
• Monitor supply markets and commodity trending for competitive changes and prepare cost models for respective category.
• The primary owner of Supplier Relationship Management for strategic supply base within given category.
• Be a leader and work independently to establish strategy timeline, managing deliverables, and ability to appropriately identify and escalate issues when needed.
• Drive continuous performance and process improvements.

Key Job Responsibilities

• Perform high-level global category analysis (Full spend and segment spend into sub-category if needed).
• Sourcing Strategy & Negotiation - Develop and implement the commodity sourcing strategy through analysis of global markets, raw materials trends, technology, value chain analysis, and long term sourcing plans.
• Perform industry research to identify qualified supplier candidates to meet category needs. Benchmark best in class suppliers.
• Perform “Should Cost Analysis” cost models for each category group to fully understand cost make-up
• Understand type of supplier relationship required, ongoing oversight of supplier relationships with responsibilities for all commercial aspects including negotiations, contracts, partnerships etc.
• Develop plans for partnership relation management for selected supplier
• Communicate and conduct regular reviews and meetings with suppliers, regions, and group personnel at all management levels. Work with suppliers and regional teams to resolve open local issues.
• Travel to various supplier locations to investigate new opportunities, improve manufacturing efficiencies, and resolve any supply chain or quality issues
• Monitor various supplier performance metrics including related value elements, performance trends and risk analysis to ensure category strategy is working and corrective action taken when needed. 
• Drive continuous Improvement cost reductions through the life of the supplier contracts.
• Review supplier performance in accordance to established metrics.  Report monthly results to user groups along with recommendations to correct deficiencies (i.e. own the relationship with the supplier). 
• Ensure delivery against savings targets at required quality levels.
• Manage, maintain and update all Supplier contracts
• Evaluates and utilizes E-sourcing tools.
• Strong influence and communication abilities across diverse cultures.

Qualifications/Requirements

Typically, a bachelor’s degree in business or related Engineering function with at least 8-10 years of related Global professional experience in Purchasing, Strategic Sourcing, and/or manufacturing operation environments.

The position requires a broad knowledge and thorough understanding and experience commodity knowledge, and experience in category or commodity management with strong negotiation skills, demonstration of supplier relationship management and leadership capabilities.

Very self-motivated, must be a good communicator with strong analytical skills and the ability to build a highly professional working relationship with each supplier and internally to promote maximum benefit of the supplier agreements.

Additional Information