Commodity Specialist Job Description

Commodity Specialist Job Description

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Commodity specialist provides support for Revenue management software, Enterprise resource planning software and other Business applications interconnected with Business processes.

Commodity Specialist Duties & Responsibilities

To write an effective commodity specialist job description, begin by listing detailed duties, responsibilities and expectations. We have included commodity specialist job description templates that you can modify and use.

Sample responsibilities for this position include:

Provide commodity tax support to Accounts Payable and other business units
Train internal business partners to accurately code accounts payable transactions
Manage government audits and lead the related information gathering under the guidance of the Senior Manager, Commodity Taxation
Identify and investigate sales tax related discrepancies/errors and follow up with appropriate business partners
Further you conduct business analyses of the entire portfolio, collaborate with Commodity Leaders to formulate sourcing strategies and support negotiations with the suppliers to manage fulfillment and cycle times and ensure quality, cost and delivery requirements are met from supply base
Pursuing the company’s sourcing strategies and material cost reduction initiatives you continually evaluate market conditions and monitor supplier performance to assure that all suppliers meet or beat the required price, quality and service level
To ensure regular assessments of suppliers' quality, supply chain reliability and financial capabilities are carried out
Demonstrate capability as a supply chain, supplier and market expert recognized across business units and functions
Support integration of new sites into the global strategy
You will be leading and supporting initiatives related to Quality, Cost, Delivery and Development of suppliers and projects for Electronics commodity for assigned product category

Commodity Specialist Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Commodity Specialist

List any licenses or certifications required by the position: CPM, APICS, ISM, FTA, NAFTA, CPIM, CPSM, CSCP, ERP, MRP

Education for Commodity Specialist

Typically a job would require a certain level of education.

Employers hiring for the commodity specialist job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Engineering, Business, Education, Supply Chain Management, Finance, Management, Technical, Business/Administration, Department of Education, MBA

Skills for Commodity Specialist

Desired skills for commodity specialist include:

ERP/ SSP systems
Microsoft Office
Ability to learn and use other applications
Ability to rate shipments with correct HS classification code
Customs rules
Regulations and tariffs
EProcurement tools
Enterprise Resource Planning systems
Excel
Hach Purchasing Controls Procedures/Processes

Desired experience for commodity specialist includes:

Actively engage in personal development support / coach development of other team members to ensure overall team success
Support market data analysis about Fab Capital Equipment spending, market share
Negotiates and maintains cost effective inventory management by effectively assessing peak demand for parts and assets, key components
Develops supplier performance through use of action plans and supplier management tools such as score cards
Analytical – Strong analytical abilities to assess the performance of suppliers against criteria such as quality, cost, reliability, ability to innovate and financial stability
Negotiation/Influence – Ability to persuade others

Commodity Specialist Examples

1

Commodity Specialist Job Description

Job Description Example
Our company is hiring for a commodity specialist. 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 specialist
  • Achieve P.P.V
  • Support company-wide goals for on-time delivery to customer request dates
  • Procurement of direct and indirect material in designated areas of responsibility
  • Ensure high quality products from suppliers within commodities of responsibility
  • Develop and execute strategic commodity plans and procurement process improvements
  • Perform high quality transactions to eliminate A/P (Accounts Payable) issues and ensure efficient materials receiving
  • Work closely with plants to implement commodity strategies with raw materials suppliers & search for solutions within existing/new partners to improve supply flexibility, supply risks & value like e-commerce solutions
  • Deliver Year-over-Year cost savings and lead complex projects, initiatives that have a high value and broad implication to the corporation
  • Influence clients, relative to assigned commodity group, to adopt the integration of sourcing guidelines into business requirements
  • Serve as subject matter expert to the leadership team for assigned area of specialization
Qualifications for commodity specialist
  • Strong quantitative and analytical skills, conceptual and planning skills
  • Demonstrated strategic account management ability
  • Strong interpersonal, communication, and presentation skills (with all levels)
  • Build strong working relationships with peers and leaders
  • Bachelor’s Degree in Mechanical Engineering, Supply Chain Management or Business
  • Minimum of 2 years of experience in a manufacturing and/or procurement environment
2

Commodity Specialist Job Description

Job Description Example
Our growing company is looking for a commodity specialist. 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 specialist
  • Supplier & Portfolio Management
  • Contracting and negotiation with assigned suppliers
  • Activities in Sourcing Systems and databases as assigned
  • Other duties as part of the sourcing activities
  • Also development of strategic sourcing concepts and cost reduction roadmap for commodities increasing North American share on total cost basis
  • Actively monitor supplier and internal performance against contracts, industry benchmarks, and previous baselines on a quarterly basis
  • Develop supply base for Wind Towers in the US, including buying strategies to purchase and achieve timely deliveries of supplies and materials
  • Team will resolve complex delivery, quality or other related problems with purchases
  • Team will work with value analysis experts to identify cost improvements
  • Support team to maintain SAP information system integrity and data accuracy
Qualifications for commodity specialist
  • Highest level of personal, professional, and ethical conduct
  • 3+ years of experience in international strategic procurement, ideally operational experience
  • Fluent in English (written and verbal) for negotiations and business communication
  • Additional German, French, Polish language skills – Desirable
  • Bachelor level university or college degree in Business Administration/ Economics or Business and Engineering
  • Serving as a technical focal for special or high visibility audits and assessments of supplier's systems, processes and products
3

Commodity Specialist Job Description

Job Description Example
Our company is searching for experienced candidates for the position of commodity specialist. 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 specialist
  • Implement distribution of futures to match physical requirements to ensure hedge effectiveness
  • Responsible for commodity strategies and planning
  • Develop the cost reduction plan and strategies across region
  • Work with distributors/OEM on the short term and long term plan
  • Involve in the supplier selection and qualification
  • Responsible for commodity plan and cost structure/modeling
  • Involve in cost reduction and analysis
  • Work closely with customer to provide world class and cost effective manufacturing and materials plans
  • Leading sourcing projects - which includes partnering with clients and external suppliers, negotiating pricing and contract terms / conditions and delivering project requirements
  • Determining the most cost effective procurement decision in light of client requirements and parameters (including e-sourcing) and will then negotiate and codify those requirements into a vendor contract
Qualifications for commodity specialist
  • Ability to effectively negotiate price, quality, delivery, and other terms with suppliers
  • Lead commodity specialist responsible for Logistics sourcing strategy development and implementation in Brazil with estimate addressable spend of $ 50M
  • Knowledge of North American Supplier Base for Commodities (Interior, Powertrain)
  • A team player committed to organizational goals
  • Willingness to work in a Novi, office
  • Candidate will have proven track record of successful supplier negotiations regarding pricing, quality, technology and timing
4

Commodity Specialist Job Description

Job Description Example
Our innovative and growing company is looking for a commodity specialist. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for commodity specialist
  • Assist in the development & execution of the global sourcing strategies at the local level that deliver a competitive advantage driving the strategic supplier initiatives
  • Put together competitive RFQ’s, analyze received quotations
  • Research potential vendors and compare their products, prices, and services
  • Analyse the effect that sourcing and supply decisions have on total business costs (internal and the supply chain)
  • Ability to evaluate different supply route options from single part to build package to determine optimum cost route using appropriate evaluation tools
  • Analyse and implement innovative supply opportunities that deliver best total cost position – part, freight, cost of quality, and inventory
  • Effectively negotiate in all situations – with internal customers and suppliers, creating win/win situations
  • Review and resolve any discrepancies with supplier invoices, grievances, claims, conflicts, product non-conformance or quality issues
  • Participation on cross functional teams to address and resolve problems
  • Responsibility for annual and STRAP period productivity goals for assigned commodity
Qualifications for commodity specialist
  • Experience with benefit negotiations and/or consulting providers
  • Master or Bachelor degree in business, finance or Supply Chain
  • Possesses knowledge of Industry trends and risks, incl
  • Fluency in English and Bahasa Indonesia and good written communication skills
  • A minimum 8 (eight) years’ experience in market and value chain analysis for commodities in Indonesia
  • Demonstrated expertise in developing value chain projects in Indonesia, preferable in East Nusa Tenggara (NTT)
5

Commodity Specialist Job Description

Job Description Example
Our company is searching for experienced candidates for the position of commodity specialist. 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 specialist
  • Establish and execute the strategic vision for sourcing assigned commodities
  • Set and execute the negotiating strategy for sourcing mechanical components working with the Global Commodity Senior Director and Negotiations COE where appropriate
  • Participate in key negotiations for EMEA Mechanical commodity as needed
  • Review and execute all contracts within delegation of authority
  • Stay abreast of current and anticipated market conditions, government indices, foreign exchange rates, mergers and acquisitions, personnel changes, and other industry dynamics
  • Assure competitive contracting for assigned commodity, including full compliance with Aero, standards for commercial and Defense procurement, Health Safety Environmental (HSE), Integrity and Compliance, and other corporate and legal compliance
  • Ensure usage of defined procurement methods, processes and systems to ensure high process efficiency and process compliance
  • Coordinate and support efforts to ensure systematic HQ oversight of supply plan monitoring and routine dissemination of supply plans to HQ GSC/Plan team, working closely with Country Programs FASP specialists, field office points of contact, and Managing Directors
  • Work with Country Programs FASP Specialists and GHSC-PSM MIS team to support integration of supply plan data in ARTMIS
  • This position will be primarily responsible for achieving net-sales and customer experience targets for LNG offers & analytics across the Commercial team in Asia
Qualifications for commodity specialist
  • Experience in Build-to-Print Commodities manufacturing environment
  • Experience in Electronics Components manufacturing environment
  • Preferably with 2 years working experience in related field especially experience in Passive/Relay/EM/ Interconnect/Power components
  • Strong knowledge or working experience in Technical Electronics is an added advantage
  • Good in the analytical skill
  • Possess Six Sigma Yellow/Green belt certifications

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