Commodity Manager

About the role

Saronic Technologies is a leader in revolutionizing autonomy at sea, dedicated to developing state-of-the-art solutions that enhance maritime operations through autonomous and intelligent platforms. The Commodity Manager is responsible for overseeing the sourcing and procurement of materials and components within a specific commodity category, ensuring cost-effective and efficient supply chain operations.

Responsibilities

• Commodity Sourcing and Procurement: Lead sourcing and procurement activities for assigned commodity groups, including raw materials, components, or services. Establish and maintain strong relationships with key suppliers to ensure reliable and cost-effective supply chains.
• Cost Management and Optimization: Develop and implement cost-saving strategies and continuous improvement programs. Negotiate prices, contracts, and terms with suppliers to optimize cost structures while maintaining quality standards.
• Supplier Relationship Management: Collaborate with suppliers to ensure on-time delivery, high-quality standards, and continuous improvement in performance. Monitor supplier performance using key performance indicators (KPIs) and implement corrective actions when necessary.
• Inventory Management: Work closely with inventory and logistics teams to ensure appropriate inventory levels are maintained for materials and components. Minimize excess inventory and reduce supply chain bottlenecks.
• Risk Management: Identify and manage risks within the supply chain, including supply disruptions, price volatility, and supplier reliability. Develop contingency plans to mitigate potential supply chain disruptions.
• Cross-functional Collaboration: Work closely with product development, engineering, operations, and finance teams to align commodity strategies with organizational goals and ensure smooth coordination across departments.
• Market Analysis and Trends: Monitor and analyze market trends, commodity pricing, and supply chain dynamics to anticipate changes in the marketplace. Provide strategic recommendations to senior management based on market intelligence.
• Compliance and Sustainability: Ensure that all procurement activities comply with company policies, legal requirements, and sustainability objectives. Support initiatives related to ethical sourcing and environmental responsibility.
• Reporting and Analytics: Prepare regular reports and dashboards on commodity performance, supplier status, cost savings, and market conditions for senior leadership and stakeholders.

Qualifications

• Bachelor’s degree in Supply Chain Management, Business, Engineering, or related field (Master's degree or certifications like CPSM, APICS, or CPIM preferred).
• 5+ years of experience in supply chain management, procurement, or commodity management, ideally in a manufacturing or production environment.
• Strong negotiation, communication, and interpersonal skills.
• Demonstrated experience in supplier relationship management and contract negotiations.
• In-depth knowledge of commodity markets, pricing, and global sourcing strategies.
• Strong analytical and problem-solving skills.
• Proficiency with supply chain management software (ERP, SAP, Oracle, etc.) and Microsoft Office Suite.
• Ability to work in a fast-paced, cross-functional environment.
• Experience in strategic sourcing and category management.
• Knowledge of Lean, Six Sigma, or other process improvement methodologies.
• Familiarity with global supply chain logistics and trade regulations.

Benefits

• Medical Insurance: Comprehensive health insurance plans covering a range of services, with Saronic paying 100% of the premium for employees and 80% for dependents.
• Dental and Vision Insurance: Coverage for routine dental check-ups, orthodontics, and vision care, with Saronic paying 100% of the premium under the basic plan for employees and 80% for dependents.
• Time Off: Generous PTO and Holidays.
• Parental Leave: Paid maternity and paternity leave to support new parents.
• Competitive Salary: Industry-standard salaries with opportunities for performance-based bonuses.
• Retirement Plan: 401(k) plan with company match.
• Stock Options: Equity options to give employees a stake in the company’s success.
• Life and Disability Insurance: Basic life insurance and short- and long-term disability coverage.
• Pet Insurance: Discounted pet insurance options, including 24/7 Telehealth helpline.
• Additional Perks: Free lunch benefit and unlimited free drinks and snacks in the office.