Commodity Manager jobs in Evanston, IL

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)

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Commodity Manager
  • Senior
  • Bartlett, IL OTHER
  • 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...

    • Safety
    • Integrity
    • Customer Focus
    • Respect & Trust
    • Accountability
    • Excellence

    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

    • Source new suppliers through formal RFQ and TCO analysis process.
    • Align supplier agreements with customer agreements.
    • Contract negotiations, including strategies to decrease price and enhance favorable terms/mitigate risk, Develop and grow the industry, raw materials, and related supplier expertise.
    • Develop and execute commodity management strategies and align with sourcing objectives.
    • Ensuring compliance with all policies.
    •  Lead supplier onboarding and vendor maintenance activities.

    Key Commodities and Industry Knowledge/Expertise

    • Use key commodities (stainless steel, stampings, castings, machined components) and manufacturing industry expertise. Keep abreast of general market conditions by tracking and understanding PPI, ECI, CPI, and other market-driven/economic indices.
    • Advise and provide guidance in terms of Tariffs, Currency Rate Fluctuations/Adjustments as they relate to sourcing decisions or in adjusting current supplier invoices.
    • Provides forecasts and reports related to pricing, market conditions, and supply-related issues.

    Project Management

    • Effective self/task-related management skill sets.
    • Ability to manage and lead large-scale projects.
    • Track the progress of projects and follow up on tasks, objectives, and deadlines in conjunction with cross-functional teams.
    • Lead supplier launch meetings, identify key stakeholders, and track action items while establishing agreed-upon completion dates.

    Standardized Purchasing Policies and Procedures

    • Assist Purchasing Manager with refining current Policies and Standard Work Instructions to document what is currently being done, and what the proposed changes should be, and assist in ensuring compliance for both Bartlett and Saltillo.

    Strategic Vendor Management

    • Lead strategic vendor management activities through the development and execution of commodity strategies (short-term & long-term).
    • Ownership of supplier performance metrics (cost, quality, and delivery) through tracking, reporting, and influencing vendors.
    • Develop and achieve cost reductions through LTAs, sourcing, negotiations commodity strategies (exit, maintain, and grow) VAVEs, etc... Act as an escalation point for operational buyers.

    EDUCATION

    • BA/BS Business Management, Supply Chain Management, or any other in the Related Field
    • Certifications – CPIM/ CSCP

    EXPERIENCE

    • 7 to 10 years of experience in strategic sourcing, commodity, and/or purchasing management
    • Experience in automotive, aerospace, medical, and/or metal fabrication industries preferred.

    COMPETENCIES

    • Communication
    • Market/Industry Knowledge
    • Versatility, Forecasting, and Cost modeling
    • Commodity strategy development and execution
    • Data Analysis / Cost,
    • Negotiations, Communication, and Relationship Building
    • Results Orientation, Problem-Solving, and Strategic Thinking,
    • Must have key relationships with all Business unit t Engineering, Vendors, Operations, Quality, and Customer service.

    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.

  • 2 Days Ago

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Commodity Manager
  • Grayhill Inc.
  • La Grange, IL FULL_TIME
  • Grayhill designs and manufacturers intuitive human interface solutions that make life simpler, safer, and more efficient. Standard products include optical encoders, rotary switches, keypads, joystick...
  • 1 Month Ago

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Commodity Manager (Chemical)
  • NPAA
  • Lansing, IL FULL_TIME
  • Nippon Paint Automotive Americas Inc. (NPAA) offers employees a generous earned bonus structure including monthly hourly attendance bonuses, merit increases and annual bonus incentive plan. Employees ...
  • 16 Days Ago

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Category Manager - Commodity
  • Conexus Food Solutions
  • Chicago, IL FULL_TIME
  • Who We Are Conexus Food Solutions is a leader in the Asian food service industry, bringing a diverse range of ethnic cuisines, such as Chinese, Japanese, Korean, and Thai, to the table. Our corporate ...
  • 1 Month Ago

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Category Manager - Food Commodity
  • Conexus Food Solutions
  • Chicago, IL FULL_TIME
  • Who We AreConexus Food Solutions is a leader in the Asian food service industry, bringing a diverse range of ethnic cuisines, such as Chinese, Japanese, Korean, and Thai, to the table. Our corporate h...
  • 26 Days Ago

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Inorganic Senior Commodity Manager
  • honeywell
  • Des Plaines, IL FULL_TIME
  • Inorganic Senior Commodity Manager (Senior Strategic Sourcing Manager) The future is what you make it. When you join Honeywell, you become a member of our global team of thinkers, innovators, dreamers...
  • 1 Month Ago

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0 Commodity Manager jobs found in Evanston, IL area

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Principal Product Manager - Financial Risk Systems
  • Request Technology, LLC
  • Chicago, IL
  • ***Hybrid, 3 days onsite, 2 days remote*** A prestigious company is looking for a Financial Risk Management & Systems – ...
  • 4/24/2024 12:00:00 AM

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Sr. Global Commodity Manager (Raw Materials - Metals)
  • Leviton Manufacturing
  • Northbrook, IL
  • About Leviton At Leviton, we build what's next to light, power, and connect everyday spaces, from electrical to lighting...
  • 4/24/2024 12:00:00 AM

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Trade Floor Support Engineer - Hedge Fund - Chicago
  • Hengist Group
  • Chicago, IL
  • Trade Floor Support Engineer - Hedge Fund - Chicago My client, one of the top performing hedge funds in the industry, is...
  • 4/24/2024 12:00:00 AM

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Analyst/Sr Analyst, Futures Clearing
  • Macquarie Group Limited
  • Chicago, IL
  • If you are searching for a role in the Philippines, click hereYou will be part of a global team working directly with ou...
  • 4/24/2024 12:00:00 AM

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Futures Associate, COO
  • Macquarie Group Limited
  • Chicago, IL
  • If you are searching for a role in the Philippines, click hereThis is an exciting opportunity within the Futures COO tea...
  • 4/24/2024 12:00:00 AM

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Senior Supplier Quality Engineer
  • Leviton Manufacturing
  • Bloomingdale, IL
  • About Leviton At Leviton, we build what's next to light, power, and connect everyday spaces, from electrical to lighting...
  • 4/22/2024 12:00:00 AM

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Supply Chain Buyer / Planner
  • Visual Comfort & Co.
  • Skokie, IL
  • JOB TITLE: Supply Chain Buyer/Planner FLSA: Exempt STATUS: Full Time, Hybrid LOCATION: Skokie, IL SUPERVISOR: Purchasing...
  • 4/21/2024 12:00:00 AM

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Supply Chain Buyer / Planner
  • Visual Comfort & Co.
  • Skokie, IL
  • JOB TITLE: Supply Chain Buyer/Planner FLSA: Exempt STATUS: Full Time, Hybrid LOCATION: Skokie, IL SUPERVISOR: Purchasing...
  • 4/20/2024 12:00:00 AM

Evanston (/ˈɛvənstən/) is a city in Cook County, Illinois, United States, 12 miles (19 km) north of downtown Chicago, bordered by Chicago to the south, Skokie to the west, and Wilmette to the north. It had a population of 74,486 as of 2010[update]. It is one of the North Shore communities that adjoin Lake Michigan and is the home of Northwestern University. The boundaries of the city of Evanston are coterminous with those of the former Evanston Township, which was dissolved in 2014 by voters with its functions being absorbed by the city of Evanston. According to the 2010 census, Evanston has a...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commodity Manager jobs
$135,638 to $160,393
Evanston, Illinois area prices
were up 0.8% from a year ago

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