Commodity Manager

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Full-Time Exempt Employee Northbrook, Northbrook, IL, US

30+ days ago Requisition

Salary Range: $ To $ Annually

Join Our Team at Hu Friedy Group  – Innovating Excellence in Dental Instrument Manufacturing

Hu Friedy Group  is a leading manufacturer of dental instruments and infection prevention products. Our 10,000-plus products, hand-crafted by highly skilled artisans, are known for their precision, performance, longevity, reliability, and quality. To help dental professionals be The Best in Practice, Hu Friedy Group  provides a unique combination of world class products, value-added services, clinical education, and dental community platforms that result in superior clinician performance and enhanced safety for dental professionals and their patients.

Working at Hu Friedy Group  is so much more than a job, as every employee has a part in driving and supporting the organization’s inspirational vision to be a global force in advancing dental performance through Best-In-Practice dentistry that improves lives around the world.

The Commodity Manager owns the end-to-end sourcing strategy and supplier performance for assigned commodity categories within a regulated, highly engineered manufacturing environment.

This role will help establish and strengthen formal category management practices, strategic sourcing processes, supplier scorecards, savings tracking, and supplier performance management. The Commodity Manager partners closely with Finance, Engineering, Manufacturing, Quality, R&D, Planning, and Operations to ensure reliable supply, improve supplier performance, and deliver measurable cost savings.

Procurement is a key component of the company’s value-creation strategy, making this role highly visible and results-oriented. The Commodity Manager is accountable for delivering finance-validated cost improvements and building sustainable sourcing strategies that support business and financial objectives.

• Develop and continuously refine category strategies for assigned commodities, including spend analysis, supply-market assessments, should-cost models, and make-versus-buy evaluations.
• Lead RFx events, supplier selection, contract negotiations, and long-term supply agreements using a consistent strategic sourcing process.
• Develop and maintain a pipeline of cost-reduction, cost-avoidance, value-engineering, and supplier-consolidation opportunities aligned with annual improvement targets.
• Apply total-cost-of-ownership (TCO) principles, considering price, freight, quality costs, working capital, and switching risk.

• Identify, quantify, and track hard-dollar savings, cost avoidance, and service-level improvements, documenting the baseline, methodology, and validation source for each initiative.
• Partner with Finance/FP&A to reconcile negotiated savings with actual invoiced spend and confirm savings flow-through to budget and EBITDA.
• Maintain an accurate, auditable savings tracker to support management, sponsor, board, and value-creation reporting.
• Forecast, budget, and report commodity spend while proactively identifying price-increase exposure, cost pressures, and margin risks.
• Develop and maintain an effective supplier base aligned with business requirements, including supplier scorecards and periodic business reviews covering quality, delivery, cost, and innovation.
• Partner with Quality and Supplier Development teams to address corrective actions and improve supplier performance.
• Monitor supplier financial…