Commodity Manager jobs in Minnesota
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)
Recently Added Commodity Manager jobs
- Benchmark Electronics, Inc
-
Winona, MN
FULL_TIME
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Benchmark provides comprehensive solutions across the entire product lifecycle; leading through its innovative technology and engineering design services, leveraging its optimized global supply chain, and delivering world-class manufacturing services. The industries we serve include: commercial aerospace, defense, advanced computing, next generation telecommunications, complex industrials, medical, and semiconductor capital equipment.
Summary:
Responsible for leading and developing commodity strategies, commodity practices, systems and metrics. Develops and directs commodity teams and supply chain relationships.Responsibilities:
- Mentor buyers and/or supply chain analysts in commodity strategies
- Develop appropriate business relationships with key suppliers/sources
- Work closely with the business units to support customer strategic and tactical material needs
- Develop, communicate and manage commodity strategies to support overall divisional and corporate objectives
- Supervise the strategic sourcing process for assigned commodities
- Develop customer confidence in overall supply chain management through customer interaction
- May provide planning and coordination with corporate quote and quoting activities
- Drive and secure continuous improvements and cost reductions
- Coordinate supplier scorecard activities and facilitate business reviews, as applicable
- May participate in supplier and component qualifications and issues
- Act as point of escalation for component issues, as appropriate
- Identify and implement contract and agreement compliance
- Review supplier proposals and lead negotiations promoting Benchmark’s goals in price, delivery, terms, liability and quality
- Establish contractual agreements between the company and external sources of supply; Negotiate to obtain agreement on pricing, terms, delivery and other terms
- Monitor and report on component market trends
- All employees are responsible for the Quality of their work to ensure BEI meets, or exceeds Customer Satisfaction.
Other information:
• 8 years of experience in commodity purchasing; Experience in large volume, more complex commodities, Individual contributor
- Demonstrate expertise in negotiation, implementation and maintenance of supplier contracts and other business dealings
- Demonstrate strong financial understanding, risk analysis ability, relationship building and project management
- Demonstrate the ability to analyze, develop and implement process improvements
- Demonstrate effective interpersonal skills with coworkers, suppliers and customers
- Demonstrate mastery of planning and the ability to organize and manage multiple projects
- Effective time management
- Demonstrate effective communication at all levels, both written and oral
- Demonstrate confidentiality
- Demonstrate the ability to develop, implement and communicate the team’s strategic vision and purpose
- Demonstrate effective decision making ability in order to make quality, timely and accurate decisions
- Demonstrate the ability to represent the company in a professional manner
- Demonstrate effective leadership and teambuilding skills to assist in the success of the commodity teams
- Demonstrate regular, consistent attendance and the ability to support a 24/7 global operation
- See job analysis forms for specific physical stresses of the job
Education:
- 4 year degree preferred or equivalent combination of education and experience as approved by executive management
Geographical Location: Minnesota:Winona
Physical Location: Winona, MN - East
Shift: 1st
Work Schedule: M-F 0800-1700
Full Time
Benchmark is an equal opportunity employer. We are bringing together a diverse workforce with unique talents, life experiences, cultures, and perspectives to promote an innovative, collaborative, and creative place to work. If you need assistance or an accommodation due to a disability, please email us at careers@bench.com .
- 15 Days Ago
- Benchmark Electronics, Inc
-
Rochester, MN
FULL_TIME
- Benchmark provides comprehensive solutions across the entire product lifecycle; leading through its innovative technology and engineering design services, leveraging its optimized global supply chain,...
- 1 Month Ago
- Loram
-
Hamel, MN
FULL_TIME
- Job Title: Global Commodity ManagerFLSA Status: ExemptDepartment: Supply Chain ServicesReports to: Strategic Sourcing LeaderFlex Work Eligible! This position qualifies for the Flexible Work Policy. Em...
- 9 Days Ago
- Hormel Foods Family of Companies
-
Austin, MN
FULL_TIME
- MANAGER – COMMODITY BUYERS HORMEL FOODS CORPORATION To save time applying, Hormel Foods does not offer sponsorship of job applicants for employment-based visas for this position at this time. ABOUT HO...
- 16 Days Ago
- Johnson Outdoors Inc.
-
Mankato, MN
FULL_TIME
- Commodity Manager Senior With minimal direction, plans, organizes and controls the sourcing of materials and services that embodies major strategic commodities which are highly financially impactful. ...
- 2 Months Ago
- Danaher
-
Chaska, MN
FULL_TIME
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