Commodity Manager

Job Description

Job Description

About Us:

Panelmatic, Inc. was founded in 1957 in Youngstown, OH to serve manufacturing industries with the design and build of custom electrical, instrument, and pneumatic control panels. Our business has sufficiently grown over the years to support expansion for our clients. We have produced control packages for many of America's top corporations in the chemical, environmental, food, pulp and paper, rubber, petroleum, pharmaceutical, glass, metals, and utilities industries. We also deliver equipment for use worldwide. Our rigorous methodology assures compliance with domestic and international standards. We can meet the needs of our diverse clientele from start to finish through sales, design, fabrication, testing, and delivery.

 

Since 1957, we have been known for our high-quality, custom-built control packages, our comprehensive service, and our technological and manufacturing expertise. This expertise assures you of our ability to handle the largest and most complex packages quickly and efficiently.

 

Job Duties:

• Develop and execute commodity strategies aligned with company growth, cost, and operational goals
• Lead sourcing events (RFQs/RFPs), supplier selection, and contract negotiation
• Manage supplier relationships, including performance (OTD, quality, cost) and capacity planning
• Own supplier, pricing, and lead time accuracy in the ERP system to support quoting, planning, and purchasing execution
• Identify and mitigate supply chain risks, including long lead-time and single-source dependencies
• Drive cost reduction initiatives, including value engineering and should-cost analysis
• Partner with Engineering and Estimating to support quoting, BOM accuracy, and component standardization
• Monitor market trends (steel, copper, electrical components, etc.) and adjust sourcing strategies accordingly
• Support production ramp-ups by ensuring supplier readiness and capacity alignment
• Implement and maintain supplier scorecards and continuous improvement plans
• Collaborate with Buyers and Materials teams to resolve escalations and ensure execution of procurement strategy
• Perform other duties and responsibilities as assigned to support business objectives

  Preferred Experience:

• Bachelor’s degree in Supply Chain, Business, Engineering, or a related field
• Experience managing commodities such as metals (steel), copper, or electrical components
• Background in supplier development and continuous improvement initiatives
• Familiarity with contract terms, incoterms, and commercial agreements
• Experience implementing or working with supplier scorecards and KPI tracking
• Lean, Six Sigma, or similar continuous improvement experience

Requirements

• 5+ years of experience in procurement, strategic sourcing, or supply chain management
• Experience in an industrial manufacturing environment
• Ability to read and interpret technical drawings, specifications, and bills of material (BOMs)
• Experience with ERP systems (Syteline, SAP, Oracle, or similar), including maintaining supplier, pricing, and lead time data
• Proficiency in data analysis tools to support decision-making
• Strong communication and cross-functional collaboration skills

Benefits

• Medical, dental, vision, HSA, term life, AD&D, STD, LTD
• 100% medical premium paid for by Panelmatic for the employee-only level medical coverage
• 80% paid for by Panelmatic and 20% paid for by the employee on all other level medical coverage (i.e. employee plus child, employee plus spouse, family)
• 401(k) contributions matched 100% up to 4% 
• Scholarships, educational reimbursement, paid volunteerism, and paid personal and professional development provided
• PTO and paid holidays provided
• Career advancement opportunities
• Competitive wages
• Family-friendly environment with average employee tenure above five years