LocationEden Prairie, MN
Position descriptionThe Commodity Manager - Electrical develops and executes global sourcing strategies for electrical and electromechanical commodities, including printed circuit board assemblies, connectors, cables and wire harnesses, power supplies, and passive and active components. This role owns supplier performance, cost, quality, and supply continuity across the electrical commodity portfolio. Working closely with Engineering, Operations, and Quality, you will support new product development and ongoing production by securing competitive, reliable, and innovative sources of supply.
Essential Duties and Responsibilities include the following:- Develop and execute multi-year sourcing strategies for assigned electrical commodities to optimize total cost of ownership, supply assurance, quality, and innovation.
- Lead RFI, RFQ, and RFP events; conduct should-cost and benchmarking analyses; and drive competitive bidding.
- Analyze market trends, cost drivers, supplier capacity, and technology roadmaps to anticipate risks and opportunities and deliver annual cost-reduction targets.
- Own end-to-end supplier relationships, including performance scorecards, business reviews, and continuous-improvement initiatives.
- Negotiate pricing, contracts, commercial terms, and long-term agreements that deliver measurable value.
- Assess supplier financial health, geographic concentration, and single-source exposure; partner with Quality on corrective actions, PPAP, and defect reduction.
- Partner with Engineering during new product introduction to influence design for cost, manufacturability, and supply availability, including component selection, qualification, and alternate sourcing.
- Monitor and mitigate allocations, end-of-life and obsolescence issues, lead-time volatility, and other supply risks to help ensure uninterrupted production.
Basic Qualifications- Bachelor's degree in Engineering, Supply Chain, Business, or a related field.
- At least five years of progressive experience in procurement, strategic sourcing, or commodity management, including direct ownership of electrical or electronic commodities such as PCBAs, connectors, cables and wire harnesses, power supplies, and passive and active components.
- Five years experience negotiating supplier contracts and long-term agreements..
- Experience with cost-modeling and data-analysis skills.
- Proficiency with ERP/MRP systems such as SAP or Oracle and Microsoft Excel.
Preferred Qualifications- Experience in a manufacturing, hardware, or electronics-focused industry.
- Familiarity with new product introduction and design-for-cost and design-for-supply principles.
- Professional certification such as CPSM, C.P.M., APICS, or CPIM.
- Experience managing global suppliers across multiple regions.
Travel required: Up to 25%, including domestic and international travel.
We believe our people are the heart of our success. That's why we've designed a comprehensive Total Rewards program that goes beyond the basics and supports our People First strategy. When you join Stratasys, you'll gain access to benefits and perks that support you and your family both inside and outside of work.
For this position, the typical annual starting base salary is [salary range to be confirmed], which does not include variable incentive pay. This range will represent a good-faith estimate for this position. Individual base pay will depend on skills, qualifications, geographic location, and experience.
What you will be part of:- Company Overview - https://www.stratasys.com/en/about-us/history/
- Our Culture and Values - https://www.stratasys.com/en/about-us/culture/
- Our Sustainability, "3D Printing a Better Tomorrow" - https://www.stratasys.com/en/about-us/sustainability/
- Our Locations - https://www.stratasys.com/en/contact-us/office-locations/
- Check out our video - https://www.youtube.com/watch?v=6wmDfmt2bNI
