Commodity Manager

About the role

A leading food and consumer products manufacturer is seeking a Commodity Manager to join its corporate procurement team. This high-impact role will be responsible for developing commodity sourcing strategies, managing price and supply risk, leading supplier relationships, and driving significant value across a complex manufacturing network. This is an excellent opportunity for a procurement professional who enjoys working at the intersection of strategic sourcing, commodity markets, risk management, supplier negotiations, and cross-functional leadership.

Responsibilities

• Develop and execute commodity sourcing and risk management strategies for key ingredient categories.
• Monitor commodity markets, industry trends, and supply risks while providing recommendations to executive leadership.
• Lead contract negotiations, supplier selection, and strategic sourcing initiatives.
• Manage supplier relationships, performance metrics, quarterly business reviews, and long-term partnerships.
• Develop annual and monthly forecasting models, budget inputs, and commodity cost projections.
• Drive cost savings, productivity improvements, and supply chain resiliency initiatives.
• Partner closely with Finance, Manufacturing, Supply Chain, and Continuous Improvement teams to align sourcing strategies with business objectives.
• Support procurement leadership with market intelligence, hedging strategies, and risk mitigation plans.

Qualifications

• Bachelor's degree or equivalent experience.
• 5+ years of procurement or strategic sourcing experience within a manufacturing environment.
• Experience with commodity purchasing, market analysis, and supplier negotiations.
• Strong understanding of risk management, commodity pricing, and supply chain dynamics.
• Background working with ingredients, raw materials, packaging, chemicals, agricultural products, or other commodity-based categories preferred.
• Proven success leading supplier relationships and cross-functional projects.
• Strong analytical, financial, and negotiation skills.
• ERP experience (SAP preferred) and advanced Excel capabilities.