Commodity Manager
We are seeking an experienced Commodity Manager to join an established manufacturer of highly engineered products. This position will manage strategic sourcing for mechanical, electrical, fabricated, and engineered components used in complex durable products and assemblies. The Commodity Manager will be responsible for supplier strategy, negotiations, cost reduction, supplier development, quality, delivery, and continuous improvement.
Key Responsibilities:
Source, evaluate, select, and manage suppliers for assigned commodities, materials, tooling, and related equipment.
Analyze supplier pricing, market conditions, cost structures, and competitive benchmarks to identify savings opportunities and improve overall value.
Negotiate pricing, commercial terms, lead times, contracts, and supplier agreements.
Partner with Engineering and Quality to evaluate suppliers and source materials for new and existing products.
Monitor and improve supplier performance in cost, quality, delivery, service, and lead-time reduction.
Drive purchase price variance (PPV) improvements and lead ongoing cost-reduction initiatives.
Work with key suppliers to improve inbound logistics and strengthen overall supply chain performance.
Ensure supplier compliance with requirements for quality, quantity, pricing, and delivery.
Identify opportunities to optimize the supplier base, working capital, and supply chain efficiency.
Track and report purchasing and supplier performance metrics.
Evaluate supply chain risks and opportunities and recommend longer-term sourcing strategies.
Work cross-functionally with Engineering, Quality, Operations, and other teams to support business objectives and continuous improvement.
Preferred Manufacturing and Commodity Experience:
We are particularly interested in candidates with sourcing and purchasing experience in a complex, engineered-product manufacturing environment. Experience procuring components and materials used in durable goods, industrial equipment, or electromechanical products is highly desirable.
Relevant commodity experience may include:
- Metals and fabricated components
- Machined and precision components
- Sheet metal, stampings, castings, and extrusions
- Plastics, molded components, and engineered resins
- Electrical and electronic components
- Motors, sensors, controls, wiring, and related components
- Mechanical assemblies and subassemblies
- Tooling and production-related equipment
Candidates should be comfortable working from engineering drawings, specifications, bills of materials (BOMs), and technical requirements while partnering with Engineering, Quality, and Operations on sourcing decisions.
Qualifications:
Bachelor’s degree in Supply Chain Management, Logistics, Business, or a related field, or equivalent relevant purchasing experience.
Seven or more years of progressive purchasing, procurement, or strategic sourcing experience, ideally within a manufacturing environment.
Five or more years of experience working with ERP systems such as SAP, Oracle, or a comparable platform.
Strong supplier negotiation, sourcing strategy, and relationship-management skills.
Proven success implementing cost-reduction and supply chain improvement initiatives.
Strong analytical, organizational, and problem-solving abilities.
Excellent written and verbal communication skills.
Ability to build productive relationships across functions and organizational levels.
Ability to manage multiple priorities and deadlines in a fast-paced environment.
A proactive approach and strong commitment to continuous improvement.