Commodity Manager

Updated:
Dec 26, 2024 - The Commodity Manager develops and executes a global supply chain strategy to optimize supplier on-time delivery, reduce inventory, and improve supplier quality and lead times. This role involves driving supplier management initiatives by rationalizing the supply base, enhancing supplier relationships, and implementing strategic sourcing from low-cost countries. The manager also promotes continuous improvement through performance metrics, cost-saving programs, and participation in new product implementation and value engineering teams.

• Contract Compliance:
  Manage supplier and internal compliance with contract terms and conditions.
• Continuous Improvement:
  Drive continuous improvement efforts and cost reduction.
• Contract Management:
  Prepare, review, and execute contract documents.
• Contract Maintenance:
  Maintain contracts by milestone schedules, expiration schedules, and/or market or competitive events that activate renegotiations.
• Relationship Building:
  Build and maintain supplier and internal customer relationships.
• Customer Support:
  Committed to supporting manufacturing and/or internal customer needs on projects.
• Commodity Leadership:
  Lead and develop given commodities to obtain a competitive position for the best cost, quality, and lead time.
• Supplier Development:
  Take a leadership role in selecting and developing suppliers within their commodities to achieve corporate and department goals.
• Technology Exploration:
  Explore technologies within assigned commodities to develop and implement effective strategies.
• Negotiation:
  Lead negotiations with suppliers.
• Policy Development:
  Participate in the development and management of departmental policies and goals.
• Continuous Improvement Implementation:
  Work with the CES team to implement and support continuous improvement changes.
• Team
  
  Collaboration:
  
  Build solid working relationships with team members at all levels of the company.

• Business Partnerships:
  Develop and improve business partnerships with current and new suppliers, emphasizing sourcing stability and driving total cost savings.
• Cost Monitoring:
  Monitor material cost savings, reductions in working capital costs, risk mitigation, as well as sustainability.
• Procurement Strategies:
  Develop and implement short and long-term Procurement Strategies for assigned categories.
• Negotiation:
  Prepare and execute negotiations.
• Accuracy Assurance:
  Work to ensure the accuracy of business information (purchase price variance, payment terms, sourcing master data, etc.) related to the purchasing function.
• Efficiency Improvement:
  Continually work to drive efficiencies and ensure that established procedures are followed.
• Procedure Development:
  Serve as the lead in developing new procedures for the North America Procurement Team.
• Resource Support:
  Serve as a resource to other departments when new sourcing is needed.
• SAP Expertise:
  Serve as subject matter expert on SAP purchasing, providing support to Plant Purchasing teams.
• Supplier Performance:
  Evaluate supplier performance to drive improvements with suppliers.
• Database Updates:
  Update SAP, order files, and other Purchasing databases.
• Industry Knowledge:
  Gain knowledge of supply industries and seek opportunities that support the business strategy.
• Audit Support:
  Provide any needed support for audits (Purchasing, Quality, etc.).
• Global Sourcing:
  Support and participate in global sourcing activities.

• Portfolio Management:
  Manage over $50M spend portfolio for all wire assemblies, achieving continuous goals for cost, quality, and delivery requirements.
• Supply Chain Insight:
  Thoroughly understand the manufacturing of wire assembly supply chain and ongoing challenges.
• Supply Constraints:
  Provide insight on options to minimize supply constraints throughout the supply chain (raw material, wire extrusion, wire and cable manufacturing).
• Product Lifecycle:
  Manage the wire assembly product group throughout the product lifecycle (NPI through End-of-Service-Life).
• Inventory Management:
  Manage inventory levels to meet product velocity and order fill rate requirements.
• Strategy Development:
  Drive closure of gaps within the commodity and NPI strategies.
• Supplier
  
  Qualification:
  
  Ensure reliable and qualified suppliers are available for development or production.
• Engineering
  
  Collaboration:
  
  Work upstream with NPI design and manufacturing engineering.
• Feedback Provision:
  Provide quick feedback on SKU trade-offs, contract manufacturer selection, manufacturability, cost, and lead times.
• BOM Management:
  Work closely with engineering groups on complex and changing BOMs.
• Cost Tracking:
  Maintain purchasing format for tracking cost savings and increases.
• Quotation Analysis:
  Analyze and compare supplier quotations to select the best fit.
• Team Participation:
  Participate in VE/VA, RIE, and APQP teams.
• Regulatory Support:
  Execute purchase orders and support legal and regulatory…