IDEX Corp

Commodity Manager, Electronics

IDEX Corp$95K — $115K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in electronics commodities management or similar role
  • Bachelor's degree in Business, Economics, or related field preferred
  • Experience in supplier identification and development for electronics
  • Proven ability in purchasing electronic components and turnkey products
  • Strong analytical and negotiation skills

Responsibilities

  • Develop and maintain relationships with suppliers and contract manufacturers
  • Identify and qualify new electronics suppliers
  • Oversee and maintain inventories for electronic components
  • Research and forecast buying trends in the electronics market
  • Assess financial risks associated with purchases
  • Negotiate with suppliers for favorable market pricing
  • Incorporate geopolitical factors into commodity strategies to mitigate risks

Benefits

  • 25% travel requirement
  • Opportunities for reasonable accommodations
  • Dynamic work environment encompassing office and manufacturing settings
Full Job Description
SUMMARY OF JOB RESPONSIBILITIES:

The Commodity Manager, Electronics will be responsible for electronics supplier management, components purchasing and inventory to support both the Akron Brass, Weldon, and Fire & Safety Group businesses as required.

REPORTS TO (Title): Director of Engineering and Quality

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Develops and maintains relationships with suppliers and contract manufacturers
  • Seeks out, identifies and qualifies new electronics and contract manufacturing suppliers
  • Oversees and maintains inventories for all electronic components
  • Researches, analyzes, and forecasts current and future electronics buying trends and markets
  • Assesses financial risks of purchases regarding excess or PPV control
  • Works and negotiates with suppliers to ensure market pricing for the business unit(s)
  • Understand current market conditions, Geo-political environment and incorporate into commodity strategies to effectively mitigate supply chain risk.
  • Utilizes 80/20 mindset to establish strategies and reduce supply base complexity for assigned commodities. This also includes identifying opportunities for product complexity reduction and leading project teams to do so


KNOWLEDGE, SKILLS AND REQUIRED ABILITIES:

  • Required experience in identifying and developing new electronics suppliers, buying electronic components (PCBs, controllers) and turnkey electronics products through contract manufacturers


  • Excellent interpersonal and negotiation skills
  • Excellent organizational skills and attention to detail
  • Strong analytical and problem-solving skills
  • Ability to function well in a high-paced environment


EDUCATION AND EXPERIENCE:

  • Bachelor's degree in Business, Economics, or related field preferred.
  • 5+ years in a prior electronics commodities' role or similar


WORK ENVIRONMENT:

  • 25% travel.
  • Perform general office functions.
  • Visual acuity required for close detail work and computer use.
  • General manufacturing, warehouse, and office environment.
  • The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?

About IDEX Corp

IDEX Corporation is a manufacturer of engineered products for fluidics, optics, and precision dispensing applications. The company's products are used in a variety of industries, including life sciences, industrial, and semiconductor. IDEX operates in three business segments: Fluid & Metering Technologies, Health & Science Technologies, and Fire & Safety/Diversified Products. The company was founded in 1987 and is headquartered in San Jose, California.
Learn more about IDEX Corp
Size
7,536 employees
Market Cap
$17.3 billion
Industry
Net Income
$377.7 million
Founded
1996
5 Year Trend
+5.5%
Revenue
$2.3 billion
NASDAQ

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