Commodity Manager

Commodity Manager

The Commodity Manager serves as a sourcing expert in a particular class of goods or service. This position creates/maintains supplier relationships, negotiates all pricing structures and contracts and ensures pricing and delivery meets contract guidelines.

Education & Licensing: Bachelor's degree in Business, Supply Chain, or Finance from an accredited college or university preferred. Related certifications such as IIBA, and/or CPM, CIPS or CPSM preferred.

Experience: Five (5) years of related experience or equivalent combination of education and experience required. Experience with P2P platforms and Power BI preferred.

Skills & Knowledge:

• Excellent oral and written communication skills with the ability to present complex topics in a concise manner with audiences at various levels
• PC literate, including Microsoft Office products, with a strong basis in Excel and PowerPoint
• Strong analytical, interpretive and storytelling skills with data
• Strong organizational and time management skills
• Excellent interpersonal skills
• Excellent negotiating skills
• Ability to create and complete comprehensive, accurate and constructive written reports
• Ability to work in a team environment
• Ability to meet or exceed performance competencies
• Self-confident with an ability to accept and respond to challenges in a positive manner

Essential Functions and Responsibilities:

• Drives vendor selection strategy, contracts management, and continues monitoring to optimize collaboration and mitigate risks
• Writes, launches, manages and successfully closes RFPs for all new suppliers or services
• Reviews and consolidates existing suppliers in an assigned commodity, ensuring unused suppliers are deactivated, redundancies are removed and looks for opportunities to consolidate suppliers providing the same goods or services
• Ensures all supplier contracts are uploaded to the database with key terms captured for reporting
• Leads, negotiates and contracts all new and renewal supplier agreements
• Tracks all contract negotiations and saves generated contracts in assigned database
• Serves as an internal and external escalation point for all supplier questions and issues
• Measures supplier and vendor performance against agreed on cost savings and cost avoidance targets
• Monitors, tracks and reacts to critical market forecasts and condition changes
• Conducts category spend analyses and reporting, supplier stratification, supply market and category industry research
• Builds and manages relationships with priority business executives, serves as a key member to support implementation of business strategies through advanced procurement initiatives and team alignment
• Facilitates the entire sourcing process and closely collaborate with clients to select and award business to suppliers
• Demonstrates a strategic business mindset, organizational savvy, presents an executive-level presence, and balances multiple stakeholder interests simultaneously
• Stays abreast of industry news, market trends, and regulatory changes that could affect commodity prices
• Performs other duties as assigned
• Supports the organization's quality program(s)
• Travels as required