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Commodity Manager

Hanover Park, US, 60133Posted 1 weeks ago
onsite

Job Description

Main Tasks

  • Executes category strategies and initiatives 
  • Responsible for Supplier Relationship Management
  • Supports target setting and cost/cash program funnel to meet and/or exceed company annual targets
  • Influences senior stakeholders across the business where necessary to drive collaborative, high performance culture
  • Supports the business and reports regarding negotiations, supplier selection in projects, supplier panel optimization, ratio projects, cost reduction development, supplier development, initiated sourcing decisions, etc.
  • Supports planning and forecasting in agreement with Lead Buyer and/or material group manager
  • Manages RFQs and price estimations in customer or market projects and in serial production for his/her commodity 
  • Initiates and manages re-sourcing, dual sourcing and continuous improvement activities (cost reduction) and supports Ratio Project Management
  • Actively supports and acts in close collaboration by providing “in-time” price- and other project relevant information, e.g. sourcing status, supplier feedback on timing and specification 
  • Negotiations & Contracting:  Strives for optimal value delivery, securing best pricing, service level agreements, business continuity and risk mitigation, and drives best in class commercial terms 
  • Outlines sourcing decision recommendations through objective data analysis following negotiations 
  • Contract management over supplier / parts lifetime for all contracts in his/her responsibility
  • Organizes Technical Reviews with cross functional departments; such as RD/Engineering
  • Initiates target price / cost analysis calculation (pre- and post SOP)
  • Manages escalation issues 
  • Updates Purchasing Analyst with commercial material/supplier relevant data in Sage
  • Supports supplier quality assurance, complaint management and "top focus" supplier meetings 
  • Assists with cross functional projects related to their perspective material group (Packaging)
  • Additional duties and materials as assigned

Skills

Strategic Sourcing
Supplier Relationship Management
Supplier Risk Assessment
Vendor Management
Cost Management
Strategic Planning
Supplier Quality Assessment
Negotiation
Demand Forecasting

Experience

Education:

  • Bachelor’s degree in Supply Chain, Business Administration or other related field

Experience:

  • Minimum 3-5 years procurement experience
  • Ability to travel 

Preferred Experience and Skills:

  • Experience working with Sage X3 or SAP
  • Manufacturing background
  • Knowledge and expertise in direct and/or indirect spend categories

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Commodity Manager at Mann Hummel Careers | Renata