Commodity Manager

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
• Mechanical Engineering background
• Knowledge and expertise in direct and/or indirect spend categories