Commodity Manager
Strivector
Commodity Manager
Strivector Corp is a National Staffing and Recruiting agency established in 2012 and headquartered in Austin, Texas. Elevate your professional journey with us. Strivector's premier client (a well-known market leader in their space) is hiring for the following full-time direct hire position.
POSITION OVERVIEW
The Commodity Manager is responsible for the strategic management of assigned commodities and products worldwide by working with cross-functional teams while owning the supplier execution and the supplier performance. This role manages the implementation of sourcing strategies that produce tangible value through the implementation of process and projects that yield a reduced total cost of material acquisition, revenue and gross margin improvement, supply base alignment, enhanced product quality, and overall reduction of risk.
Essential Duties & Responsibilities:
- Champion supplier development and quarterly business reviews.
- Define and communicate the commodity strategy to all levels of the organization as well as suppliers.
- Recommend and implement strategic plans that display measured improvement of total cost of ownership and significantly reduce risk related to our engine supply plan.
- Monitor and Communicate technology transitions and life-cycle related roadmaps for all related industries.
- Ensure that all procurement is in compliance with all applicable regulations and laws related to procurement practices and in accordance with standard practices.
- Evaluate current and new suppliers to develop and improve service levels in search of continuous improvements regarding total cost and efficiency.
- Negotiate Master Supply Agreements to obtain the maximum value for each dollar of expenditure and focus on obtainment of high inventory turns.
- Optimize the supply chain of goods and services from our suppliers through to our customers by focusing on lead time reduction.
- Participate and/or lead cross-functional teams related to quality, price, inventories and availability of materials.
- Report on supplier and commodity market analysis by monitoring trends.
- Participate in Supplier quality audits for conformance to corporate requirements.
- Own and update the supplier scorecards.
- Perform other duties as assigned.
QUALIFICATIONS Most importantly, you need to be a passionate Commodity Manager who enjoys his work and is considered to be one of the best within your organization. The ideal Commodity Manager would be someone with deep experience in many (if not all) of the following:
- Bachelor Degree in related field OR 8 years related experience within a similar working environment
- 5 7 years' experience in strategic sourcing, supplier quality or operational management
- Ability to travel both domestic and internationally, up to 30% of the time
- Excellent written and verbal communication skills to professionally and effectively interact with all stakeholders both internal and external at any level of the organization.
- Strong knowledge of engine components and their processes including but not limited to casting, forging, stamping, and machining
- Previous experience with commodity management, strategic sourcing or engineering
- Continuous improvement, Six Sigma Concepts and methodologies;
- Previous experience using SAP or equivalent ERP
- Demonstrated skills in cost reduction and bidding techniques to maximize value;
- Proven ability to negotiate with suppliers;
- Thorough knowledge of purchasing techniques including strategic supplier concepts;
- Ability to adjust priorities and manage time wisely in a fast-paced environment;
- Knowledge of supplier contracts, product conformity, quality tool box, and problem solving methodologies;
- Demonstrated ability to assess critical market dynamics, including end to end industry assessments and analysis of the competitive landscape for engines;
- Ability to identify market and supply risks / liabilities and develop contingency plans;
We understand that even if you are a seasoned Commodity Manager you may not have all the skills listed here.
Compensation: Based on Experience. One of the best in the industry Minimum Education: Bachelor Degree in related field Minimum Experience: 8 years related experience within a similar working environment Type of position: Full-time Permanent position with benefits Location: Waukesha, Wisconsin, United States Relocation accepted: Yes
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