Commodity Manager

Overview

Position Summary:

Responsible for developing and executing supply and/or vendor management strategies for specific commodities, which ensure appropriate product quality and enhance the company's ability to ship on time while reducing total cost and lead time.

Key Accountabilities:

• Responsible for the development for supply strategies for each assigned commodity.
• Seeks solutions to minimize routine purchase transactions.
• 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 disruption 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 the appropriate controls related to the legal aspects of purchasing.
• Will oversee the activities of the 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

Budget Managed (if applicable): N/A

Internal Networking/Key Relationships:

• To be determined based on department needs

Skills & Capabilities:

• Effective interpersonal skills

Min Knowledge & Experience Required for the Position:

• BS degree in business or engineering.
• ISM (NAPM) certification preferred.
• Demonstrated record of cost reduction.
• Demonstrated computer literacy
• Wrking knowledge of ERP systems and supply chain management strategies and concepts.

International Mobility:

Required:

no

Travel Requirements: