Our Client is searching for a highly analytical Commodity Manager to join their growing team. Role is an immediate hire and is On-site in Irving, Texas with WFH Fridays. Client does not offer relocation assistance.
Position Summary
The Commodity Manager-Accessories and Wood will play a critical role in driving strategic sourcing initiatives and optimizing the total cost of ownership for key commodity categories, including wood, pallets, accessories, and others.
The Commodity Manager will provide a strategic approach to the total cost of ownership of her/his categories, balancing requirements such as cost, quality, service, safety, and security of supply.
In collaboration with operations, R&D, Sales and Marketing, the Commodity Manger will identify synergies, standardization opportunities and will lead cross-functional projects.
The role requires managing contracts and suppliers to ensure compliance with company policies and industry standards. This includes leveraging incentives and long-term partnerships to mitigate risks and optimize supply chain performance.
Continuously work on cost optimization by implementing RFPs, economies of scale analyses, should-cost models, supplier consolidation, low-cost country sourcing, preferred supplier programs, product/vendors development, e-Auctions, and raw material index agreements.
Conduct market analysis, peer company benchmarking and risk analysis by category.
Maintain close relationships with buyers and planners to communicate and coordinate sourcing requirements and efforts.
Investigate pricing/invoicing discrepancies to determine corrective actions with Accounts Payables.
Maintain accurate, up to date pricing, across multiple ERP systems
Professional Skills/Qualifications
A successful candidate will be highly skilled at analyzing data, and most importantly, analytical story-telling.
Minimum level of education and/or specialization: Bachelor's degree in Business, Finance, Engineering, Supply Chain or commodity management experience. MBA, CPM, CPSM or other procurement and/or supply chain certification preferred.
Specific skills and requirements: 5+ years of professional experience in manufacturing organizations, project management, procurement, supply chain and leading cross-functional projects.
Sourcing experience on direct, packaging materials and manufactured products preferred.
Expertise in negotiations and contracting, including should-cost models, multi-year contracts, complex terms and conditions, performance incentives, risk management, e-sourcing, Tri-lateral negotiations.