Commodity Manager

The Commodity Manager will be tasked with enhancing cost efficiency, optimizing inventory, and reducing material expenses.

Responsibilities:

• Formulate and implement commodity strategies, including contract negotiations, cost optimization, and risk mitigation for designated commodities
• Regularly conduct market analysis and resource sourcing, implementing risk mitigation and supply continuity strategies
• Consolidate the existing supply chain, creating a preferred supplier list to enhance quality, reliability, and reduce cost and cycle time
• Conduct Business Reviews on a quarterly and annual basis, using Supply chain KPIs
• Collaborate with the R& D Team during the early stages of the new product introduction (NPI) process, assisting through volume production
• Work closely with engineering to identify new supply sources and make selections for new products during the development phase
• Liaise with other departments such as Engineering, Quality, Purchasing, etc., to solve any material issues that could affect production
• Strive for year-over-year cost reduction, containment, and optimization for assigned commodities to meet business objectives
• Lead the process of supplier selection and source activities, including the development of selection criteria
• Utilize your skills in Strategic Sourcing Analysis and implementation, negotiation, and administration of contracts
• Experience with Customer Relationship Management (CRM) systems
• Understanding of ERP - Enterprise Resource Planning
• Knowledge of various ERP Solutions
• Experience with budget processes
• Familiarity with buying processes
• Excellent customer service skills
• Ability to manage and process invoices.