The Commodity Manager oversees commodities for direct material in support of HVAC market operations, specifically raw materials and flow control devices.. Identify and engage with engineering, operations, and quality to understand commodity requirements and ensure supply base is aligned. Responsible for development and execution of commodity strategy. Will conduct or support negotiations and supplier selection. Responsible for delivering commodity driven cost down through price negotiations, value analysis (VA/VE) or supplier continuous improvement. Support Supplier Relationship Management and will facilitate and lead supplier commodity reviews for strategic suppliers. Responsible for continuity of supply including actively monitoring and mitigating supplier risk.
Position Responsibilities may include; - Responsible for development and execution of commodity strategies for assigned commodities.
- Accountability to provide analytical support in all commercial negotiations and supplier selections within assigned commodities.
- Maintains ownership of supplier relationships, including performance monitoring, and will manage execution of SRM reviews.
- Supports global synergy efforts for the direct materials organization for assigned commodities.
- Builds and supports a pipeline of cost savings projects for sustainable year over year productivity, or cost down.
- Will track and drive dual sourcing initiatives for supplier risk mitigation efforts.
- Responsible for execution and reporting of supplier contracting initiatives.
- Supports director as required on developing commodity strategy documents, and 3-5 year growth playbook plans.
- Responsible for weekly executive reporting on all financial cost down projects for assigned commodities.
- Perform additional activities/projects as needed to support the business.
Nature & Scope:- Applies advanced knowledge of job area typically obtained through advanced education and work experience
- Manages projects and processes while working independently and with limited supervision
- Coaches and reviews the work of lower-level professionals
- Problems faced are difficult and sometimes complex; takes a new perspective on existing solutions
Knowledge & Skills:- Commodity management experience
- Ability to work in a fast paced environment and manage multiple tasks simultaneously
- Experience interacting with cross functional team including engineering, quality, materials, logistics, sales & marketing
- Demonstrated negotiation skills
- Project management experience
- Excellent organizational and time management skills
- High level of attention to detail and accuracy
- Strong analytical and quantitative abilities
- Develops and balances both short and long term strategy
- Effective two-way communication and executive presentation skills
- Professional business acumen
- Willingness to travel
Competency:Experience:
- 2 + years of progressive experience in a commodity management, or strategic sourcing role preferably in a high volume manufacturing environment
Education/Certification:
- Bachelor's degree in Materials Management, Business, Supply Chain, or related field
People Management: No
Physical Requirements / Work Environment:
- Must be able to perform essential responsibilities with or without reasonable accommodations. Domestic / Foreign travel may be involved - estimated 15%.
Reports To:
Qualified Applicants must be legally authorized for employment in the United States. Qualified applicants will not require employer sponsored work authorization now or in the future for employment in the United States.
