Global Commodity Manager
$12 per hourIDEX Corporation
Global Commodity ManagerIf you're looking for a special place to build or grow your career, you've found it. Whether you're an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses around the globe, chances are, we have something special for you.Primary FunctionThe Global Commodity Manager is responsible for leading Warren Rupp global material sourcing, and supplier base management. The Global Commodity Manager must develop, prioritize and execute short and long term commodity strategies that reduce supply chain complexity and achieve key cost saving targets for Warren Rupp to meet key material productivity goals. The individual is accountable for the supply base management of the commodity and uses a variety of tools to drive supplier delivery and quality improvements. Identify and develop "best in class" international and domestic supply base for critical components while also reducing overall supply chain complexity. This role partners with cross-functional stakeholders worldwide to optimize supplier performance, drive total cost of ownership improvements, and support business growth initiatives. This key leader will work closely with each site's Supply Chain team in the development of strategic plans and supporting objectives across Warren Rupp and other Business Units.Primary Duties and ResponsibilitiesDevelop and execute global commodity strategies aligned with business objectives.Manage annual spend ranging from $12+ within assigned categories.Utilizes 80/20 Mindset to establish strategies and reduce supply base for complexity assigned.Analyze market conditions, commodity indices, and supply chain trends to identify risks and opportunities.Establish long-term sourcing roadmaps and supplier footprint strategies.Develop should-cost models and total cost of ownership analyses.Lead RFQ, RFP, and strategic sourcing initiatives.Negotiate global contracts, pricing agreements, terms and conditions, and supplier commitments.Deliver annual productivity targets and cost reduction objectives.Identify and execute value engineering and supplier-driven innovation opportunities.Ensure compliance with corporate procurement policies and governance requirementsManage strategic supplier relationships at executive levels.Conduct quarterly business reviews and performance evaluations.Develop supplier scorecards and continuous improvement programs.Monitor geopolitical, financial, operational, and supply continuity risks.Develop mitigation plans and dual-source strategies where appropriate.Support business continuity planning and supply assurance activities.Assess supplier financial health and capacity constraints.Partner with Engineering, Operations, Quality, Finance, and Product Management teams.Support new product introduction programs and supplier selection activities.Lead global sourcing projects and NPD projects involving multiple regions and stakeholders.Influence sourcing decisions without direct authority.Lead VA/VE projects for Sourcing across Warren Rupp.Education and/or Experience RequirementsBachelor's degree in Supply Chain Management, Business, Engineering, Operations, or related field.Minimum 10 years of strategic sourcing, procurement, commodity management, or supply chain experience.Minimum 5 years managing global suppliers and international sourcing activities.Demonstrated success negotiating complex commercial agreements.Experience driving measurable productivity and cost savings initiatives.Strong analytical, financial, and problem-solving skills.Proficiency in ERP systems such as SAP, Oracle, or JDE.Proficiency in MRP, Microsoft Office Suite, Microsoft Project.CPSM, CPM, CSCP, APICS, or equivalent certification (preferred).Experience within automotive, industrial manufacturing, aerospace, HVAC, electronics, or consumer products industries (preferred).Advanced spend analysis, cost modeling, and market intelligence capabilities (preferred).Experience managing annual spend greater than $30M (preferred).Work Environment RequirementsAbility to travel domestically and internationally up to 25%Combination of office and production environmentsAre you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?Total RewardsThe compensation range for this position is $88,200.00 - $132,200.00, depending on experience. This position may be eligible for performance based bonus plan.Benefits PackageOur comprehensive U.S. benefit offerings include: Health benefits, 401(k) retirement savings program with company match, PTO, and more. More information on our benefits and rewards can be found on our career page.IDEX is an Equal Opportunity Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws.Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at View email address on click.appcast.io for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application.This posting is for an existing vacancy.Artificial intelligence is not used to screen, assess or select applicants.
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