Commodity Manager
Werfen · Bedford, MA · 1 wk ago
Supply ChainFull-time
Responsibilities
- Develops and executes supply and/or vendor management strategies for specific commodities.
- Ensures appropriate product quality and enhances the company's ability to ship on time while reducing total cost and lead-time.
- Solves routine purchase transactions to minimize them.
- Plays a key role in strategic cost management initiatives.
- Prepares analysis and plans for negotiations; leads in negotiation involving critical suppliers.
- Develops contracts and supply agreements that protect the company from excess inventory, insufficient supply, unfavorable payment terms, hidden costs, and supplier non-conformance.
- Has a thorough understanding of assigned commodities including manufacturing processes, applications, global supply status, price trends, cost drivers, and product migration paths.
- Identifies potential disruptions in the supply chain due to changes in supplier's business, including their strategic direction, operating results, technical capabilities, and overall performance.
- Continuously seeks to reduce waste in every activity and supplier-related process or transaction he/she is involved in.
- Purchase and/or contracts for materials and services in accordance with company-established practices and policies to ensure honest, fair, and ethical relationships with vendors.
- Exercises appropriate controls related to the legal aspects of purchasing.
- Oversees the activities of buyers and senior buyers on his/her commodity team.
- Works with the Materials Manager and QA to maintain and implement an annual supplier audit campaign consistent with requirements for FDA and ISO 9000.
Qualifications
- BS degree in business or engineering.
- ISM (NAPM) certification preferred.
- Demonstrated record of cost reduction.
- Demonstrated computer literacy.
- Working knowledge of ERP systems and supply chain management strategies and concepts.
- International mobility: required.