The Commodity Manager will be responsible for creating disseminating, and delivering a commodity strategy, mapping out the capability, performance, risk, and desired future state of assigned commodities with a goal of improving performance through robust supplier relationship management. This individual will own the plan for every supplier and support the linkage with the engineering and buying functions.
Recommended skills
- Microsoft Office (Excel/Powerpoint)
- Negotiations
- Critical thinking and Problem Solving
- Strategic Vendor selection
- Organization to juggle multiple projects simultaneously
What You'll Do
- Serve as the main point of contact and key relationship manager for supplier partners within the assigned commodities.
- Build and maintain supplier scorecards to track and improve supplier performance.
- Segment vendors using key performance indicators (quality, delivery, cost, etc.) to develop a robust sourcing strategy for assigned commodities.
- Lead supplier selection for new business opportunities within assigned commodities.
- Execute robust LTAs/SOWs to migrate towards strategic vendor relationships.
- Partner with ‘preferred’ suppliers to deeply understand their manufacturing capabilities and processes, providing targeted recommendations to improve efficiency and reduce cost gaps.
- Negotiate with supplier partners for cost savings and/or avoidance utilizing tools such as competitive benchmarking, detailed cost analysis, and variance from existing part pricing.
- Identify and implement creative strategies to drive out cost from the supply chain within assigned commodities, such as in-sourcing, outsourcing, reducing tariff impact, and design changes.
- Serve as a project manager for vendor projects, including PPV, to support on-time project closure.
What You'll Bring
- Bachelor Degree in Business or Supply Chain - additional years of experience will be considered in lieu of degree
- 3-5 years of experience in a Commodity Manager or strategic procurement role.
- Advanced Excel skills
What We Value
- Ability to meet deadlines and manage multiple tasks and projects in a fast-paced environment.
- Cross-functional collaboration between Engineering, Commercial and Purchasing.
- Strong oral and written communication skills.
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