Commodity Manager

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Videojet is proud to be a Product Quality & Innovation company in Veralto (NYSE: VLTO). Imagine a world where everyone has access to clean water, safe food and medicine, and trusted essential goods. That is the tomorrow Veralto is creating today. Veralto is a $5B global leader in essential technology solutions made up of over 16,000 associates across our Water Quality and Product Quality & Innovation segments, all united by a powerful purpose:
Safeguarding the World’s Most Vital Resources.

Videojet Technologies () is a leading global manufacturer of coding and marking solutions. With more than 400,000 units installed worldwide, Videojet covers all major technologies, including continuous and thermal inkjet, laser, thermal transfer overprinting, and case coding. As part of our team, you’ll make an immediate, measurable impact on safeguarding everyday essentials. You’ll belong to a respectful and collaborative community that fosters career growth and professional development, supported by resources that make a positive difference because, at Videojet, we value your authenticity and want your talents to shine.

We are currently seeking a dynamic individual to join our team as Commodity Manager. This pivotal position involves the development and execution of commodity strategy, strategically sourcing components to achieve the lowest total cost of ownership, and supporting ongoing initiatives that reduce risk and increase value for the customer. Reporting directly to the Global Procurement Director, this role is based in Wood Dale, IL, requiring a minimum on‑site presence of three days per week.

If you are passionate about driving efficiency and excellence in procurement and supply chain management, we invite you to join us and contribute to our corporation’s continued success.

• Manage overall responsibility of material spend between $15M - $25M.
• Develop, negotiate, and complete contracts/agreements with suppliers that minimize total cost of ownership, improve quality, minimize supply risk, and assure on‑time delivery.
• Develop an in‑depth knowledge of assigned commodities, global supply markets, new technologies, supply landscape and pricing trends.
• Build and lead a pipeline of PPV/VAVE projects by conducting cross‑functional workshops throughout Videojet Technologies Inc. and help implement them.
• Develop and implement working capital turns improvement programs, including payment terms extension, inventory reduction, lead time reduction, consignment and 3PL.
• Prepare and conduct RFQ/RFQs, analyze quotes, including conducting e‑auctions as needed; perform cost‑breakdown analysis to support negotiations, resulting in best overall cost and commercial terms.
• Provide support to manufacturing locations for supplier performance issues related to quality and delivery.
• Deliver measurable and auditable results in policy deployment targets and key performance indicators.

• Minimum of 1‑3 years in procurement or supply chain management.
• BS degree in Business Administration, Engineering, Supply Chain Management, or similar discipline.
• Demonstrated project management experience.
• Financial acumen and demonstrated aptitude in analytics and decision‑making.
• Ability to travel when required.

• Comprehensive benefits package (medical, dental, vision & more) eligible on day 1 of employment.
• Annual bonus as well as annual salary review.
• Permissive paid time off policy emphasizing flexibility and trust.
• Paid holidays.
• Training and development opportunities.
• 401(k) savings plan with company match.
• Tuition reimbursement.
• Paid parental leave.
• Veralto Wellbeing Program with rewards.
• Employee Assistance Program (legal, financial, and counseling resources).

US ONLY:
The below range reflects the range of possible compensation for this role at the time of posting. We may ultimately pay more or less than the posted range. The compensation range for this role is $80,000 – $89,000 USD per year. This job is also eligible for bonus pay. The amount and availability of any bonus, commission, benefits, or any other form of…