The Commodity Specialist is responsible for developing and executing of sourcing strategies for higher financial impact/risk commodities, including supplier selection, development and overall supplier relationship, and meeting goals of the Strategic Supplier Program and management.
- Strategically manages supplier relationships including administration and monitoring of supplier performance criteria, supplier development and ongoing business review to identify potential opportunities or risks. Along with Supplier Development personnel, participates and leads continuous improvement projects with suppliers using lean principles.
- Works with Project Managers, project teams, engineering and supplier to insure successful new product introductions.
- Develops in collaboration with manager and cross functional team category strategy for categories of material assigned, a strategy aligned with business now and in support of the three year business plan. Implements strategy.
- Provides direction and leadership role to assigned Supply Planner to coordinate source of supply and issues with supply availability and provide input to the metrics and TDD for assigned Supply Planner to Sourcing and Supply Manager.
- Keeps management informed of status of suppliers, commodities and any potential problems or risks.
- Identifies and develops alternative sources of supply where needed to improve quality, reduces costs or adds capacity.
- Manages material costs of assigned commodities within perimeters of prescribed authority.
- Analyzes purchasing history/supplier performance to identify and recommend opportunities for volume/supplier consolidation.
- Leads a cross-functional team for supplier identification and evaluation according to Strategic Supplier Program criteria and product specifications.
- Obtains and reviews proposals, negotiates prices and terms with suppliers.
- Seeks out opportunities to contribute to the business success through proactive involvement in team initiatives.
Requires a Bachelor’s degree in Business, Engineering or Supply Chain Management or equivalent with a minimum of three to five years’ experience in a purchasing position or equivalent commodity/industry specific experience, i.e.: electronics, brass, plastic, plumbing and/or heating, etc. Must have strong oral, written, and interpersonal skills for dealing with internal customers and external suppliers. Superb ability to organize and prioritize work, as well as, meet stringent deadlines with minimal resources.
Demonstrated ability to think and produce results at a strategic level. Experience in Lean manufacturing with a history of implementation of improvements. International purchasing experience with an understanding of business terms and currency differences, this to include and understand the importing and exporting of goods.
C.P.M preferred, but not required.
Indeed - 2 years ago
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