Commodity Manager implements a commodity procurement and inventory strategy that supports a company's manufacturing supply chain. Manages the policies and processes to purchase raw materials required to process and manufacture products, conduct research, or enable other business activities. Being a Commodity Manager monitors and analyzes the commodities market, global economic conditions, and events to make informed purchase decisions. Identifies, evaluates, and monitors suppliers and develops relationships to provide reliable sourcing and ensure the quality and availability of required commodities. Additionally, Commodity Manager oversees bidding and contract negotiations to obtain the best pricing to meet commodity needs. Analyzes inventory levels, manufacturing schedules, and long-term business objectives to plan and manage purchases. Ensures compliance with all applicable regulations and standards governing the purchase and delivery of goods. Requires a bachelor's degree in business, supply chain management or equivalent. Typically reports to a director. The Commodity Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Commodity Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
ABOUT SENIOR FLEXONICS
The Senior Flexonics division of Senior PLC serves markets with products for land vehicle emission control and industrial process control applications. As the largest manufacturer of flexible automotive components in the world, focusing majorly on diesel engines, Senior Flexonics has extensive manufacturing and distribution facilities on six continents. Senior’s diesel technologies support a growing number of Major North American and European automotive and heavy truck manufacturers in meeting stringent emissions standards.
Senior's global values underpin what senior does and how it does it...
WHY JOIN SENIOR FLEXONICS
Joining Senior Flexonics means not only a rewarding career with a tight-knit and collaborative team, but you will also enjoy a competitive compensation package that includes a market-led base salary, commission plan, and a comprehensive benefits package along with wellness benefits, employee recognition program, matching 401k plan, paid vacation, flexible hours, employee wellness activities, tuition reimbursement, and community involvement initiatives.
JOB SUMMARY
The Commodity Manager’s responsibilities will be to provide guidance and expertise to the Business Units and Purchasing teams on effective sourcing strategies, including leading formal RFQ/RFP/TCO analysis, sourcing new suppliers, raw material market strategies, and contract negotiations that include pricing strategies, risk mitigation, and aligning to corporate standard terms and customer agreements. Ensure compliance with senior policies and assist with compliance and regulatory audits.
KEY RESULTS AREAS
Strategic Sourcing
Key Commodities and Industry Knowledge/Expertise
Project Management
Standardized Purchasing Policies and Procedures
Strategic Vendor Management
EDUCATION
EXPERIENCE
COMPETENCIES
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. EOE M/F/D/V/VEVRAA Federal Contractor.
Access to our facility (and therefore, employment) is restricted under the International Traffic in Arms Regulations (ITAR) and/or Export Administration Regulations (EAR) to U.S. Citizens, lawful permanent residents of the United States, and properly licensed foreign persons.
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