Commodity Manager jobs in Illinois

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
  • 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, joysticks, displays, touchscreens, and pushbuttons. These components are sold to thousands of customers around the globe. Grayhill also incorporates these standard products into control panels to support a range of major customers in the Healthcare, Agriculture, Construction Equipment and Military markets. Our headquarters are in LaGrange, IL with manufacturing facilities located in McCook and Carpentersville IL, Iola WI and Shenzhen China.

    We offer opportunities for talented professionals seeking challenging careers with a proven industry leader.

    Are You Ready to Grow With Us?


    As a Commodity Manager (on-site), you will lead all value creation activities within assigned commodities to drive continuous improvement within the KPIs of On-time Delivery, Quality and Cost. Responsibilities will include global commodity management, strategic sourcing, supplier relationship management, and stakeholder engagement for direct material spend. This role will have no direct reports.

    Essential Duties and Responsibilities include, other duties may be assigned:

    • Demonstrated understanding, experience, and application of commodity management level knowledge with mechanical commodities including manufacturers, manufacturing methods, market cost drivers and cost modeling on a global scale.
    • Lead Supplier Relationship Management (SRM) efforts in support of outsourced purchases ensuring supply continuity throughout the production life cycle.
    • Develop, optimize, and execute annual Commodity Strategies using stakeholder input, supply base assessment, performance, and risk analysis to ensure present and future alignment to business needs.
    • Conduct Supplier Business Reviews (SBRs) with key suppliers, as needed.
    • Work with both Purchasing and NPI teams to coordinate and execute strategy.
    • Create and manage RFx's to achieve optimized landed cost with strategic suppliers for multi-plant sites.
    • Lead contract development, execution, and management activities.
    • Manage cost optimization initiatives using market intelligence, problem solving, negotiation & influencing skills to leverage discussions.
    • Proactively identify risks and implement mitigation strategies within the supply chain.
    • Lead/assist new supplier identification, audits, and onboarding activities, as needed.
    • Serve within the escalation path for problem resolution of supply, quality and/or pricing issues.
    • Manage multiple tasks/projects simultaneously and produce timely results under minimum direction.
    • Ability to read and interpret engineering drawings, technical specifications, have working knowledge of GD&T.
    • Possess the project management fundamentals of schedule management, developing action plans, identifying deliverables and being accountable for results.
    • Fundamental knowledge of Quality systems, processes, and procedures.
    • Ability to listen, organize and prioritize with urgency, patience and determination with a continuous improvement mindset will be key to success.
    • Uphold Company policies, procedures, and the Business Ethics & Conduct Code.
    • Willingness to travel up to 20% of the time.

    Education and/or Experience

    • Bachelor's degree required; Master's degree preferred.
    • Strong communication skills and competency working with internal and external stakeholders.
    • Analytical and financial acumen.
    • Microsoft Office platform knowledge including advanced Microsoft Excel skills.
    • Minimum of 5-10 years' experience in commodity management, or related field.
    • Minimum of 5 years' experience with spend and supplier management (negotiations, rationalization, contract management).
    • Minimum of 5 years' experience with ERP systems.

    Preferred Skills/ Experience

    • Experience with SAP preferred.
    • Working knowledge of Healthcare, Vehicular (off-highway) and Military (ITAR, EAR regulations) industries

    What we have to offer:

    • You will be at the forefront of challenging work. We solve complex problems with innovative solutions across all teams and in all roles. There is purpose in our work!
    • Comprehensive Health Insurance; medical, dental, prescription, and vision starting on day one.
    • Generous Paid Time Off
    • 401(K) match up to 4% of salary
    • Collaboration Space featuring ping pong, foosball, board games, and more...
    • Company paid holidays
    • Optional gap insurance coverages
    • Company paid disability and basic group life
    • 24/7 Employee Assistance Program
    • Catered company events - to pause and celebrate the wins!

    We value diversity and inclusion. We are an equal opportunity employer and we do not discriminate on the basis of gender, color, race, religion, marital status, sexual orientation, or national origin.

  • 1 Month Ago

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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 manufactur...
  • 23 Days 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 ...
  • 10 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...
  • 20 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...
  • 26 Days Ago

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Commodity Manager
  • Cst Industries Inc.
  • Conroe, TX
  • Job Summary The Commodity Manager Aluminum Coil & Commercial Metals is a high visibility role, responsible for managing ...
  • 4/18/2024 12:00:00 AM

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Commodity Manager
  • Aalberts integrated piping systems
  • Charlotte, NC
  • Commodity Manager MRO & Capex – Charlotte, NC At Aalberts Integrated Piping Systems, we have the best, most complete flo...
  • 4/17/2024 12:00:00 AM

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Commodity Manager
  • JMJ Phillip Group
  • An industry leading manufacturer of agricultural equipment is looking for a Commodity Manager in the greater Des Moines,...
  • 4/17/2024 12:00:00 AM

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Commodity Manager
  • ECR International, Inc.
  • Dunkirk, NY
  • Job Description Job Description COMMODITY MANAGER ECR International, Inc. has been a leading manufacturer providing heat...
  • 4/16/2024 12:00:00 AM

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Commodity Manager
  • Execusource
  • Waco, TX
  • ExecuSource has partnered with a reputable manufacturing company in Waco, TX in search of a Commodity Manager for indire...
  • 4/16/2024 12:00:00 AM

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Commodity Manager
  • Aalberts Integrated Piping Systems
  • Charlotte, NC
  • Commodity Manager MRO & Capex Charlotte, NC At Aalberts Integrated Piping Systems, we have the best, most complete flow ...
  • 4/16/2024 12:00:00 AM

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Commodity Manager
  • Compunnel Inc.
  • Phoenix, AZ
  • Job Title: Commodity Manager Location : Phoenix, AZ/ Tempe, AZ Duration: 12+months contract (with strong possibility of ...
  • 4/16/2024 12:00:00 AM

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Commodity Manager
  • ExecuSource
  • Waco, TX
  • Commodity Manager – Indirect Material & Services Are you passionate about strategic sourcing and project management? Do ...
  • 4/15/2024 12:00:00 AM

Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP), the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commodity Manager jobs
$132,276 to $156,418

Commodity Manager in Lafayette, LA
This section, however, is not just a list of your previous commodity manager responsibilities.
January 28, 2020
Commodity Manager in San Bernardino, CA
To write great resume for commodity manager job, your resume must include.
February 17, 2020
Commodity Manager in Gulfport, MS
The IT Commodity Manager may recommend cost saving proposals including alternative sourcing and will exercise independent judgment within defined practices and procedures to determine appropriate action.
December 19, 2019