Commodity Manager, Fasteners

Responsibilities

• Directs the activities associated with the SCMG managed regional spend for the Fasteners commodity across Business Units.
• Manages a large team with direct oversight for purchasing activities regionally for Fasteners.
• Establishes and executes regional strategy for Fasteners commodity and aligns with the global Fasteners strategy.
• Identifies and evaluates global opportunities within the commodity for cost reduction, supplier rationalization, complexity reduction, and supply chain optimization.
• Manages contracts within the commodity category and reports the associated metrics.
• Delivers continuous improvement in cost, process, and services within the commodity category.
• Leads team to ensure collection of requests for information or quote and generates recommendations based on Total Cost of Ownership comparisons.
• Monitors and reports on activities associated with the Fasteners commodity.
• Formulates annual business plans for achievement of cost reductions and year-over-year performance improvement.
• Manages and negotiates supply agreements to improve suppliers’ cost, delivery, quality, order lead time, payment cycles, technology, and/or risk mitigation.
• Initiates re-negotiation efforts well in advance of contract expiration and monitors industry trends to anticipate opportune timing for contracting advantages.
• Leads team to obtain and analyze quotes to determine best value, then recommends global sourcing solutions based on data and facts collected.
• Monitors performance of suppliers to ensure attainment of objectives in quality, delivery, service, and cost.
• Coordinates and approves supplier selection and leads supplier transitions.
• Monitors compliance with supplier contractual requirements.
• Identifies opportunities for global leverage of volumes and purchasing power.
• Ensures and monitors the results and contribution of the commodity to departmental and corporate objectives.
• Presents special assignments results, project updates, and other reports to Dana management as required.
• Travel requirement: 25%.
• Performs all other duties as assigned.

Qualifications

• Excellent communication skills, both verbal and written.
• Demonstrated leadership experience and people management skills.
• 4-year degree in business or engineering required; MBA or MS in engineering preferred.
• 5–7 years’ progressive purchasing experience required.