Leggett & Platt

Commodity Manager

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

Qualifications

  • Bachelor's Degree in financial or technical discipline; Master's preferred.
  • 5+ years in commodity management or related role with global responsibilities.
  • Manufacturing experience required; automotive experience preferred.
  • Experience in building cost models for financial analysis.
  • Highly analytical with strong communication skills.

Responsibilities

  • Lead development of global commodity strategies for materials.
  • Build relationships with internal stakeholders to align strategies.
  • Execute contracts managing supply risks with legal protections.
  • Foster performance-based supplier relationships and monitor risks.
  • Consolidate global commodity efforts for consistent strategy implementation.
  • Support regional productivity initiatives based on global spending.
  • Track and report on commodity productivity actions monthly.

Benefits

  • Empowering and rewarding workplace culture.
  • Commitment to career development and learning opportunities.
  • Encouragement of collaboration and teamwork.
Full Job Description
We, at Leggett & Platt Inc., are searching for a Commodity Manager within our Purchasing team to help support our Automotive business. Did you know we are the world's leading designer and manufacturer of seating support and comfort systems for transportation manufacturers, as well as tier one and two suppliers within the automotive industry? Our automotive products fall into four primary groups: Seating and Lumbar support, Wireless Charging, Motors and Actuators, and Mechanical Cables. If you join our team, your work will ensure people across the world have a little more comfort in their lives. In this role, you will report to the Global Category Manager and will be responsible for global strategy development, deployment and execution. You will be responsible for developing comprehensive plans that deliver the lowest overall total cost of externally sourced production material. You will also ensure that mutually beneficial relationships are developed and maintained with Leggett & Platt supply partners. What will you be doing as a Commodity Manager? • Lead the development of global commodity strategies for assigned components and/or raw materials, ensuring year-over-year improvements in cost and quality and alignment with business and strategic priorities. • Develop and maintain relationships with key internal stakeholders; secure cross-functional buy-in to commodity strategies, and develop comprehensive communication and execution plans. • Execute contracts that reflect the results of sourcing initiatives that adequately manage business and supply risks with appropriate legal terms and conditions. • Foster performance-based relationships with external suppliers; monitor all risks within the commodity supply base and adapt commodity strategies to mitigate those risks. • Consolidate global commodity activities and ensure consistent implementation of the commodity strategy across all regions. • Support regional productivity actions related to the commodity based on global material spend; evaluate the feasibility of productivity ideas and ensure their implementation. • Ensure accurate monthly tracking and reporting of commodity productivity actions. To be successful in this role, you'll need: • Bachelor's Degree in financial or technical discipline, Master preferred. • Minimum of 5 years in a category/commodity management position, or related experience, with global responsibilities. • Experience in a Manufacturing environment, Automotive experience preferred. • Demonstrated experience in building cost models to understand should cost, and how to apply the knowledge to achieve results. • Highly analytical with solid communication, interpersonal, written and verbal skills. • Highly motivated and able to work in fast-paced environment. • Advanced skills in Excel, Power Point, and Systems Database/Query Capability. • Excellent English verbal and written communication and training skills. • Strong business and financial acumen. • Strong team building and talent growth and development skills. What to Do Next Now that you've had a chance to learn more about us, what are you waiting for! Apply today and allow us the opportunity to learn more about you and the value you can bring to our team. Once you apply, be sure to create a profile, and sign up for job alerts, so you can be the first to know when new opportunities become available.

About Leggett & Platt

Leggett & Platt is a diversified manufacturer of engineered products for homes, offices, and automobiles. The company operates through four segments: Residential Products, Industrial Products, Furniture Products, and Specialized Products. The Residential Products segment produces and sells bedding and furniture components, such as innersprings, wire forms, and machines. The Industrial Products segment produces and sells drawn wire, wire products, and steel rod. The Furniture Products segment produces and sells furniture and components for office, residential, and hospitality markets. The Specialized Products segment produces and sells products such as automotive seating components, tubing, and aerospace ducting. Leggett & Platt was founded in 1883 by J.P. Leggett and C.B. Platt and is headquartered in Carthage, Missouri. The company is listed on the New York Stock Exchange (NYSE) under the ticker symbol LEG.
Learn more about Leggett & Platt
Size
20,300 employees
Market Cap
$4.2 billion
Industry
Net Income
$247.6 million
Founded
1883
5 Year Trend
+6.2%
Revenue
$4.2 billion
NASDAQ

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