Commodity Manager Job Description
Commodity manager
provides recommendations on strategic design improvements to Program Procurement and Engineering to minimize total cost of ownership.
Commodity Manager Duties & Responsibilities
To write an effective commodity manager job description, begin by listing detailed duties, responsibilities and expectations. We have included commodity manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Build up clean sheet (should cost model) for different commodities covering PCB, enclosure, lid, SMT MVA, substrate, semiconductor assembly and test MVA and
Develop strategies for assigned commodities using a Total Best Cost approach, keeping pulse of market competitive intelligence
Develop reverse auction plan for assigned commodities and execute
Maintain procurement records such as items or services that are procured, costs, delivery, product quality or performance and inventories
Ability to develop strategies, teams, and to lead the direction of the procurement process with other departments
Develop a DPO plan for assigned commodities
Keep a pulse on Best Cost Country Opportunities as they relate to assigned commodities and develop transition plans to Best Cost Countries where appropriate
Coordinate efforts between Suppliers, Engineers, Quality Assurance and Procurement Personnel to facilitate material substitutions, standardization, rework of purchased materials
Participate and responsible for the early engagement with Engineering on all new programs requiring HDD
Gather spend data and business requirements/capital plans
Commodity Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Commodity Manager
List any licenses or certifications required by the position: CPM, APICS, ISM, C.P.M, CPIM, CPSM, CIRM, A.P.P, NAPM, FSG
Education for Commodity Manager
Typically a job would require a certain level of education.
Employers hiring for the commodity manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Engineering, Supply Chain Management, Technical, Business/Administration, Education, Management, MBA, Finance, Operations Management
Skills for Commodity Manager
Desired skills for commodity manager include:
Cost structures
Technical improvements and competitive landscape
Basic supply agreement construction
Cost structures and technical improvements
Agile highly desirable
Assigned commodities
Processes
SAP
Commodities
Procurement
Desired experience for commodity manager includes:
Ability to identify new savings opportunities and implement strategic solutions
Ability to influence and lead in driving change throughout the organization
Provide guidance to Regional Commodity Managers
Ensure global supplier pool is properly sized to delivery
5 to 8 years direct commodity experience
Ability to give input to strategic design and initiatives
Commodity Manager Examples
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Commodity Manager Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of commodity manager. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for commodity manager
- Working with Healthcare Strategic Procurement colleagues, develop new supply sources to support existing and new product requirements
- Develops and implements spend management strategies including supplier assessments and rationalization, negotiation for best total cost of ownership, make vs
- Learn Perfect Execution Philosophy and execute in daily duties
- Understand and negotiate payment terms favorable to meet DPO goals
- Develop requisitions for material as required by the commodity demands
- Visit suppliers to evaluate their facilities, capacity and ability to meet ClosetMaid requirements specifications and delivery dates
- Select products for purchase by directing the testing, observing, or examining items
- Search for and recommend new sources of supply
- Prepare, develop, and review reverse auction process, including detailed bid information, analyze detailed results, negotiation, and execution of contracts within budgetary limitations and scope of authority
- Advise Management on a continuing basis to include commodity cost trends, material availability, production options, alternatives
Qualifications for commodity manager
- Solid understanding of the end user products
- Understanding of Key Performance Indicator (KPI) and metric development
- Solid knowledge of mechanical or casting or other metal parts and relevant suppliers resource
- Minimum 7 years of experience in contract negotiation and licensing support in a high tech environment
- Ability to work collaboratively within a team environment of other buys and cross functional peers to support deadlines
- Chinese drivers license
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Commodity Manager Job Description
Job Description Example
Our company is looking to fill the role of commodity manager. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for commodity manager
- Facilitate and resolve procurement issues for Tektronix the OpCos when we have primary Procurement responsibility as applicable
- Proactive introduction of universal procurement strategies into the project process
- Supply chain solutions, including VMI, supplier consignment stock
- Define negotiations strategy including supplier profiles, commercial negotiation, switching costs, and Total Cost of Ownership
- Develop suppliers and support improving Quality
- Lead the negotiation and management of strategic supplier contracts
- Monitor supply markets and trends
- Negotiates prices, terms and quality requirements
- Responsible for project content and strategy including
- Responsible for all commercial relationships with suppliers within the assigned commodity areas, securing targeted levels of cost, quality, delivery precision, sustainability
Qualifications for commodity manager
- Global Commodity Manager experience
- HK travel permit
- Bachelor’s degree or higher in an Engineering discipline is a must
- Experience in supporting factories or service centers with related tools, equipment and consumables on a national and regional scale is a plus
- Open-minded self-starter with the ability to adapt, improvise and problem solving
- Problem Solving and Decision Making – Works independently and develops approach to solutions exercising considerable latitude in determining assignment objectives
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Commodity Manager Job Description
Job Description Example
Our company is growing rapidly and is hiring for a commodity manager. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for commodity manager
- Coordinate with Sr
- Ability to travel, domestically, as needed to support job scope
- Lead cross-functional teams to research, select and launch suppliers
- Searching for, developing and managing strategically relevant suppliers
- Support of sales by market information (quotes, material prices, trends, analyses)
- Develops and executes negotiation plans for contracts and pricing
- Manages tactical and mid-range supply, delivering monthly forecasts to suppliers and secures support responses
- Developing and implementing robust regional and global Logistics strategies to drive cost savings
- Establishes and managers key supplier performance goals and objectives
- Work closely with the technical, financial, marketing, and controlling groups within the company to support their goals
Qualifications for commodity manager
- Will be required to travel to supplier and UTAS sites in Canada and the U.S. (25%-40%)
- Bachelors Degree in Supply Chain, Operations, Engineering or related field
- 5 - 8 years progressive commodity/supply chain management experience
- 7 + years of progressive commodity/supply chain management experience
- Competency in and working knowledge of Lean Manufacturing, pull systems, and inventory reduction methods
- Excellent project management, written and oral communication, organizational, and interpersonal skills are required the ability to work in a matrix management environment
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Commodity Manager Job Description
Job Description Example
Our company is growing rapidly and is hiring for a commodity manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for commodity manager
- Achieve savings and other key metrics, as outlined by Procurement Goals
- Drive cost reduction through purchasing tools
- Work closely with quality to reduce internal and external DPPM, CAPAs, and out of box failures
- Identify and evaluate new sources of materials and services to meet the short, mid, and long-term needs of the business
- Evaluate existing suppliers and continue to compare new alternatives to assess the state of the industry and the optimal supply base to meet business needs
- Develop supply agreements with suppliers to meet PHG objectives
- Direct the development of internal improvement initiatives that contribute to process improvement
- Successfully manage several projects and initiatives simultaneously with effective prioritization where the contribution will have the greatest impact
- Demonstrate a strong commitment to customer satisfaction
- Assumes ownership & accountability for all elements of Tier 1-3 (including tail spend) supplier relationship, servicing multiple BU's across NA
Qualifications for commodity manager
- According to Government Regulations all employees in this job classification must be a US Citizen or permanent resident of the United States
- Highly effective project management skills with a complete understanding of business process and the ability to integrate multiple resources for integrated solutions
- Experience with utilizing and creating effective MS Excel spreadsheets
- Up to 20-25% travel, some international travel (valid passport)
- Master’s or Bachelor’s degree in Business or Engineering or other relevant discipline
- Minimum 3 years of experience working with purchasing to a manufacturing company
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Commodity Manager Job Description
Job Description Example
Our company is looking to fill the role of commodity manager. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for commodity manager
- Ensure team members understand expected results and the work processes required to achieve expected results
- Conduct strategic sourcing for items or commodities, as designated by the SCM leadership team, which may include local/regional activities along with global projects
- Support special projects and the continuous improvement of processes and systems
- Work collaboratively with the Food Program Manager, Monitoring and Evaluation Manager and Operations Manager in the set-up of distributions, including financial, logistical, personnel and on-site support where required
- Assist the Deputy Emergency Relief Coordinator in monthly and annual budgetary planning
- Attend daily morning devotions and participate in prayer support for the program team, its donors and volunteers
- Provide daily management and support to 1-3 team members while continually developing and expanding individual and team capabilities
- Lead commodity team members to develop and execute comprehensive commodity (Capital & Tooling) strategies that exceed both short term and long term objectives
- Proactively manage the supplier to escalate and resolve issues related to lead-time, components, tooling, technical issues, certification, material shortage
- Support Lab126 OEM supplier initiatives including technology, quality, cost, supply, environment, ethics
Qualifications for commodity manager
- Strong knowledge of the strategic sourcing methodology and its application
- Familiar with all Jet (PW) engines, repairs, materials, and logistics
- ERP experience with specific focus on purchasing-related document flow
- Bachelor’s Degree, with preference to Business Administration is preferred
- MBA or a Master’s Degree in Supply Chain, Business Management/Administration or Finance is preferred
- Minimum of 7 years' experience in Purchasing, Materials, Engineering or another related field