Bachelor's degree in Business, Economics, or related field preferred.
5+ years in a prior electronics commodities role or similar.
Experience in identifying and developing new electronics suppliers.
Proficient in buying electronic components and turnkey electronics products through contract manufacturers.
Strong interpersonal and negotiation skills.
Responsibilities
Develop and maintain relationships with suppliers and contract manufacturers.
Identify and qualify new electronics and contract manufacturing suppliers.
Oversee and maintain inventories for all electronic components.
Research, analyze, and forecast electronics buying trends and markets.
Assess financial risks of purchases related to excess or PPV control.
Negotiate with suppliers to ensure market pricing.
Incorporate current market conditions and geopolitical factors into commodity strategies for risk mitigation.
Benefits
25% travel required.
Flexible work environment.
Exposure to various aspects of supply chain management.
Opportunities for professional development and growth.
Collaborative team culture.
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.
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.
