Posted 1 month ago
The Commodity Manager is responsible for optimizing the Total Cost of Ownership (TCO) for the item numbers within assigned commodities. In this role the Commodity manager will strategically conduct research and analyze current and potential new suppliers, related industry information, commodity market information and benchmarks to develop and maintain a commodity strategy that optimizes the trade-offs of TCO. The Commodity Manager engages and negotiates with suppliers to optimize costs. Provides strategic guidance to management. This is an individual contributor position that reports to the Procurement Manager.
Develops and implements commodity strategies and develops specific suppliers based on performance (quality, service, technology, inventory, and price).
- Develops procurement plans to support new product launch projects. Prepares and executes supplier Request for Quotes (RFQs) and purchase orders.
- Utilizes appropriate reporting tools and processes to monitor results with a focus on efficiency and continuous measurable improvement.
- Ensures compliance with the Small Business Administration and Department of Defense regulations in procurement activities, including outreach efforts to disadvantaged suppliers.
- Other duties as assigned.
A bachelor’s degree is required. A degree in the field(s) of Business, Materials, Supply Chain, or Engineering are preferred. Advanced degrees are encouraged.
Five plus years of experience in supply chain including extensive buying and procurement experience is required. A minimum of two of these years must be in direct commodity experience with emphasis on strategy development, contract negotiation, and supply development.
Skills and Competencies
All FN America employees are expected to demonstrate accountability, collaboration, communication, customer focus, and innovation. This position also requires a practical understanding of Lean Manufacturing Principles, cost modeling, Total Cost of Ownership (TCO), and excellent negotiation skills. Must have knowledge of local, state, and federal regulations relating to commodity management.
Microsoft Office, Enterprise Resource Planning (ERP) system experience preferred.
ISM CPSM, APICS, or CPIM/CSCP designation preferred.
Typical office environment. May be exposed to loud noises, toxic chemicals, and dangerous machinery when on the plant floor. Up to 25% domestic/international travel is required.
Share this job