Commodity Manager jobs in New York, NY

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Summary of Position

The Senior Manager, Procurement Indirect Commodity is responsible for executing and implementing effective procurement strategies of Indirect spend commodities such as IT / Software , Marketing , HR, Professional services and real estate from initial identification of needs through delivery. The successful candidate will develop and execute the commodity strategy , partnering with the stakeholders on budget management , drive cost savings/ productivity , mitigating supply chain risks and fostering strong supplier relationship.. Lastly, this role cultivates team morale and motivation by sharing experience and providing constructive feedback.

Essential Duties and Responsibilities

• Develop and Implement comprehensive Commodity Strategies aligned with the overall procurement enterprise and business goals.
• Management of negotiations, contract, and Business contingency plan for applicable Indirect category. Domain expertise on strategic sourcing, RFP/RFI, Negotiation, category strategies.
• Drive cost reduction initiatives through effective negotiation, value engineering and alternative sourcing strategies.
• Financial analysis and modeling, maintenance, negotiation, renegotiation, and management of agreements and contracts.
• Develops and maintains internal education communication processes and other tools to enhance contract performance, identification, and compliance.
• Plans, prioritizes, collaborates, and communicates information regarding projects, issues, and negotiations to ensure relationships are maintained.
• Builds relationships through industry contacts, professional organizations, and individuals.
• Communicates clearly, effectively, and respectfully to employees or supplier partners.
• Negotiates contracts based on strategic and financial goals, prior contract performance, projected contract performance, and thresholds.
• Analyzes and finalizes contractual language for operational and financial appropriateness.
• Stay informed about industry trends, market dynamics and emerging technologies related to assigned commodities.
• Work closely with internal stakeholders to optimize supplier selection and performance.

Qualifications Expected for Position

• Bachelor's Degree in Supply Chain Management or Business-plus-experience in category management; or a high school diploma with 7 years in a sourcing, procurement, or supply chain management role.
• 7 years of procurement experience in commodity management or strategic sourcing in healthcare services or a SaaS Organization in the HC division.
• Experience developing and executing sourcing strategies.
• Experience in supplier management and negotiations.
• Experience collaborating with internal and external resources.
• Strong negotiation and influencing skills.
• Familiarity with relevant regulations and quality standards.
• Demonstrated ability to manage multiple simultaneous projects requiring frequent communication, organization/time management and problem-solving skills.

The base salary range for this position is $100,000.00 - $125,000.00. In addition to a base salary, this position is eligible for a performance bonus and benefits (subject to eligibility requirements) listed here: . Total compensation is based on several factors including, but not limited to, type of position, location, education level, work experience, and certifications. This information is applicable for all full-time positions.