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POSTED 06/03/2021

Commodity Manager

Location: Minneapolis, MN
  • Develop, support, and maintain supplier relations. Responsible for overall supplier performance in assigned commodities through measurement of supplier activities, on-going engagement, and supplier audits.
  • Effectively manage supplier selection to meet commodity strategy, quality, service, cost, risk mitigation, and supplier capabilities requirements.
  • Perform functions related to the procurement of materials and services to meet customer demands including quoting of materials, supplier stocking programs, supplier forecast, on-time deliveries, non-conforming material, certificates of origin, material costing, adherence to product compliances, and development of prototypes.
  • Assist product management and engineering to source parts and/or develop parts design as well as engineering specifications (dimensional drawing, material selection, mechanical, chemical, electrical, or thermal properties, and material approvals). Engage suppliers in the Production Part Approval Process (PPAP) to support new product development and product changes.
  • Drive the supply base to develop process improvements: make recommendations to improve productivity, quality, and efficiency of vendor operations.
  • Develop and implement effective sourcing and commodity strategies in support of company objectives and through analysis of company requirements.
  • Investigate, recommend, and develop alternative sources while promoting continuity of supply, consistency of quality and competitive pricing
  •  Act independently to identify and develop supply chain improvement opportunities for given commodities. 
  • Provide forecasts to management of trends, opportunities, and potential risk areas. 
  • Manage cost savings for assigned commodities
  • Provide recommendations of alternative materials or new processes
  • Ensure that system data is maintained and that it supports the effective generation of procurement messages 
  • Lead or participate in special projects in support of departmental or company objectives.
  • Provide training for other staff members and department associates in systems, procedures, processes, and methodologies.
 
Commodity Manager Job Requirements:
  • 4-year degree in engineering and/or business with technical aptitude.
  • 7 years of experience sourcing, buying from, and negotiating with distribution and/or manufacturing suppliers (including 3 to 5 years with commodity management responsibilities).
  • Strong background in several of the following:  electromechanical components, electronics components, metal components, connectors and sockets, plastics, and rubber products.
  • Excellent negotiation skills
  • Ability to read and understand engineering drawings.
  • Thorough understanding of manufacturing concepts and knowledge of MRP/ERP systems.
  • Experience using web-based purchasing/technical search engines
  • Solid analytical skills and attention to detail/organizational skills
  • Excellent computer skills (advanced Excel and report)
 
Compensation for Commodity Manager:

The starting salary for the Commodity Manager position is $85,000-$95,000 per year.
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