COMMODITY MANAGER

May include:

• Responsible for development and execution of commodity strategies for assigned commodities.
• Accountability to provide analytical support in all commercial negotiations and supplier selections within assigned commodities.
• Provide direction and guidance amongst a team of buyers; foster an environment that strives for excellence and is results-oriented. Ensure they understand and follow the objectives and processes. Act as a mentor and responsible for performance management of direct reports.
• Maintain ownership of supplier relationships, including performance monitoring, and will manage execution of SRM reviews.
• Support global synergy efforts for the direct materials organization for assigned commodities.
• Build and support a pipeline of cost savings projects for sustainable year over year productivity, or cost down.
• Will track and drive dual sourcing initiatives for supplier risk mitigation efforts.
• Drive and implement continuous process improvement activities
• Responsible for execution and reporting of supplier contracting initiatives.
• Support director as required on developing commodity strategy documents, and 3 to 5-year growth playbook plans.
• Responsible for weekly executive reporting on all financial cost down projects for assigned commodities.

Nature & Scope:

• Provides direction
• Measured by execution of goals and objectives
• Maintains regular communication with procurement leadership team concerning purchasing activities
• Strategic sourcing that is commercial in nature

Knowledge & Skills: 

• Mid-level commodity management experience
• Ability to work in a fast paced environment and manage multiple tasks simultaneously
• Experience interacting with cross functional team including engineering, quality, materials, logistics, sales & marketing
• Proven leadership skills – employee development, goal setting, performance development, employee engagement
• Demonstrated negotiation experience – relationship management skills – vendor management
• Effective project management skills
• High level of attention to detail and accuracy and strong analytical and quantitative abilities
• Develops and balances both short and long term strategy
• Effective two-way communication and executive presentation skills including professional business acumen
• Excellent organizational and time management skills

Experience:

• 5 years of experience in a commodity management, or strategic sourcing role
• Demonstrated progression of spend management responsibility
• 3 years in a leadership role

Education: 

• Bachelor’s degree; preferably in Business, Economics, Supply Chain, Operations, Engineering or related field