Global Commodity Manager

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Headquartered in Cincinnati, LSI Industries (NASDAQ: LYTS) specializes in the creation of advanced lighting, graphics, and display solutions across strategic vertical markets. The company’s American-made products, which include lighting, print graphics, digital graphics, refrigerated and custom displays, aim to help businesses stand out in a competitive market. With a workforce of approximately 2,000 employees and 20 facilities throughout North America, LSI provides top-quality solutions for its clients.

LSI’s management team is focused on continued profitable growth.

We are looking for a Global Commodity Manager – Non-Metallic & Wood.to support our team at our location in Tampa, FL.

Summary:

This position will provide leadership in the systematic formulation and timely execution of documented, detailed and well-considered commodity strategies. They will select, evaluate, and manage strategic suppliers. A self-starter simultaneously handling more than one commodity with a high degree of initiative, accountability and accuracy requiring minimal daily direction consistent with modern purchasing techniques is desired.

Experience in global overseas markets for these commodities is required. Includes project managing the selection, evaluation, implementation, and management of strategic suppliers across multiple divisions. Ability to follow a process to complete spend analysis, write RFP’s, analyze data, negotiate, implement and monitor compliance to company-wide programs, and ongoing evaluation and management of suppliers.

In this role, you will be responsible for analyzing the need, determining the focus, create the sourcing strategy, negotiate, work with our vendors and be responsible for the management of our suppliers. You will also lead strategic sourcing initiatives and cross-functional teams, collaborate with subject matter experts to develop scope of work and overall business requirements/standards, draft effective RFI/RFP documents and draft and directly negotiate complex licensing and service agreements with strategic suppliers.

Also, you will be expected to perform market analysis, detailed total cost of ownership comparisons, supplier evaluations and decision matrices, identify contracting risk and draft alternate language to mitigate these risk(s), facilitate the proposal evaluation process and lead contract negotiations for a wide variety of services, provide supply management and commodity expertise to clients and suppliers regarding products or services to ensure a total value supply management approach and initiate and lead supply management processes for assigned contracts/suppliers including scorecards and executive forums.

Essential Duties and Responsibilities:

• Systematically develop, lead, implement, manage, promote key supplier relationships through intensive interaction with the supply base
• Lead commodity initiatives through cross-functional team formation and management
• Develop and implement corporate programs to reduce supply base and achieve cost reduction goals
• Manage supplier capabilities including but not limited to capacity planning, tooling and resource investments including inventory management
• Develop, implement and measure contract performance of the supply base including performance metrics for total price savings, cost drivers, supplier initiated savings, consolidation of parts and suppliers, production capacity, delivery, quality, technology, technical support and overall service
• Clearly document and present milestone performance in all metrics in a credible and professional way
• Build and demonstrate personal in-depth knowledge of related industry trends, cost drivers and world class supplier capabilities
• Other duties may be assigned

Education and/or Experience:

• Four year college degree with a major in Supply Chain Management preferred
• 5 plus years strategic sourcing experience emphasizing negotiation, strategy writing, and contracts
• Capable of simultaneously managing multiple and unrelated commodities or tasks
• Ability to…