Commodity Manager
Sedgwick Claims Management Services
Overview The Commodity Manager serves as a sourcing expert in a particular class of goods or service. This position creates and maintains supplier relationships, negotiates all pricing structures and contracts, and ensures pricing and delivery meet contract guidelines. Responsibilities Drive vendor selection strategy, contracts management, and continuous monitoring to optimize collaboration and mitigate risks. Write, launch, manage, and successfully close RFPs for all new suppliers or services. Review and consolidate existing suppliers in an assigned commodity, deactivating unused suppliers, removing redundancies, and seeking opportunities to consolidate suppliers providing the same goods or services. Ensure all supplier contracts are uploaded to the database with key terms captured for reporting. Lead, negotiate, and contract all new and renewal supplier agreements. Track all contract negotiations and store generated contracts in the assigned database. Serve as an internal and external escalation point for all supplier questions and issues. Measure supplier and vendor performance against agreed cost‑saving and cost‑avoidance targets. Monitor, track, and respond to critical market forecasts and condition changes. Conduct category spend analyses and reporting, supplier stratification, supply market, and category industry research. Build and manage relationships with priority business executives, serving as a key member to support implementation of business strategies through advanced procurement initiatives and team alignment. Facilitate the entire sourcing process and closely collaborate with clients to select and award business to suppliers. Demonstrate a strategic business mindset, organizational savvy, an executive‑level presence, and balance multiple stakeholder interests simultaneously. Stay abreast of industry news, market trends, and regulatory changes that could affect commodity prices. Additional Functions Perform other duties as assigned. Support the organization’s quality program(s). Travel as required. Qualifications Bachelor’s degree in Business, Supply Chain, or Finance from an accredited college or university (preferred). Related certifications such as IIBA, CPM, CIPS, or CPSM (preferred). Eight (8) years of related experience or an equivalent combination of education and experience (required). Experience with P2P platforms and Power BI (preferred). Excellent oral and written communication skills, with the ability to present complex topics concisely to audiences at various levels. Proficient with Microsoft Office products, especially Excel and PowerPoint. Strong analytical, interpretive, and storytelling skills using data. Excellent organizational and time‑management skills. Excellent interpersonal and negotiating skills. Ability to create comprehensive, accurate, and constructive written reports. Ability to work effectively in a team environment. Track record of meeting or exceeding performance expectations. Work Environment When applicable and appropriate, reasonable accommodations will be considered. The role requires computer keyboarding, frequent travel, and the ability to manage multiple priorities and deadlines. Equal Opportunity Statement Sedgwick is an Equal Opportunity Employer and a Drug‑Free Workplace. Sedgwick is committed to building a diverse, equitable, and inclusive workplace. Legal Disclaimers The statements contained in this document are intended to describe the general nature and level of work being performed by a colleague assigned to this description. They do not constitute a comprehensive list of functions, duties, or local variances. Management retains the discretion to add or change the duties of the position at any time. #J-18808-Ljbffr
$70k - $105k
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$112.7k - $206.5k
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$112.7k - $169.1k
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