Sedgwick

Commodity Manager

Sedgwick$90K — $120K *
US-AnywhereRemote in Georgia, US
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Supply Chain, or Finance preferred.
  • 8 years of related experience or equivalent education and experience required.
  • Experience with P2P platforms and Power BI preferred.
  • Related certifications such as IIBA, CPM, CIPS or CPSM preferred.
  • Excellent communication and interpersonal skills.

Responsibilities

  • Drive vendor selection strategy and manage contracts effectively.
  • Launch and close RFPs for new suppliers or services.
  • Consolidate existing suppliers to streamline operations.
  • Upload and maintain supplier contracts in the database.
  • Negotiate and manage new and renewal supplier agreements.
  • Act as an escalation point for supplier-related inquiries.
  • Measure vendor performance against cost-saving targets.

Benefits

  • Opportunity to influence the strategic sourcing process.
  • Professional development opportunities through certifications.
  • Collaborative working environment with key business executives.
  • Exposure to advanced procurement initiatives and market trends.
  • Supportive of employee well-being with flexible work options.
Full Job Description
Commodity Manager PRIMARY PURPOSE: The Commodity Manager serves as a sourcing expert in a particular class of goods or service. This position creates/maintains supplier relationships, negotiates all pricing structures and contracts and ensures pricing and delivery meets contract guidelines. ESSENTIAL FUNCTIONS and RESPONSIBILITIES • Drives vendor selection strategy, contracts management, and continues monitoring to optimize collaboration and mitigate risks • Writes, launches, manages and successfully closes RFPs for all new suppliers or services. • Reviews and consolidates existing suppliers in an assigned commodity, ensuring unused suppliers are deactivated, redundancies are removed and looks for opportunities to consolidate suppliers providing the same goods or services. • Ensures all supplier contracts are uploaded to the database with key terms captured for reporting • Leads, negotiates and contracts all new and renewal supplier agreements. Tracks all contract negotiations and saves generated contracts in assigned database. • Serves as an internal and external escalation point for all supplier questions and issues. • Measures supplier and vendor performance against agreed on cost savings and cost avoidance targets. • Monitors, tracks and reacts to critical market forecasts and condition changes. • Conducts category spend analyses and reporting, supplier stratification, supply market and category industry research. • Builds and manages relationships with priority business executives, serves as a key member to support implementation of business strategies through advanced procurement initiatives and team alignment, • Facilitates the entire sourcing process and closely collaborate with clients to select and award business to suppliers. Demonstrates a strategic business mindset, organizational savvy, presents an executive-level presence, and balances multiple stakeholder interests simultaneously. • Stays abreast of industry news, market trends, and regulatory changes that could affect commodity prices. ADDITIONAL FUNCTIONS and RESPONSIBILITIES • Performs other duties as assigned. • Supports the organization's quality program(s). • Travels as required. QUALIFICATIONS Education & Licensing Bachelor's degree in Business, Supply Chain, or Finance from an accredited college or university preferred. Related certifications such as IIBA, and /or CPM, CIPS or CPSM preferred. Experience Eight (8) years of related experience or equivalent combination of education and experience required. Experience with P2P platforms and Power BI preferred. Skills & Knowledge • Excellent oral and written communication skills with the ability to present complex topics in a concise manner with audiences at various levels • PC literate, including Microsoft Office products, with a strong basis in Excel and PowerPoint • Strong analytical, interpretive and storytelling skills with data • Strong organizational and time management skills • Excellent interpersonal skills • Excellent negotiating skills • Ability to create and complete comprehensive, accurate and constructive written reports • Ability to work in a team environment • Ability to meet or exceed Performance Competencies • Self-confident with an ability to accept and respond to challenges in a positive manner WORK ENVIRONMENT When applicable and appropriate, consideration will be given to reasonable accommodations. Mental: Clear and conceptual thinking ability; excellent judgment, troubleshooting, problem solving, analysis, and discretion; ability to handle work-related stress; ability to handle multiple priorities simultaneously; and ability to meet deadlines Physical: Computer keyboarding, travel as required Auditory/Visual: Hearing, vision and talking The statements contained in this document are intended to describe the general nature and level of work being performed by a colleague assigned to this description. They are not intended to constitute a comprehensive list of functions, duties, or local variances. Management retains the discretion to add or to change the duties of the position at any time.

About Sedgwick

Sedgwick is a global provider of insurance, risk management, and related services. The company was founded in 1969 and is headquartered in Boston, Massachusetts. Sedgwick offers a range of services to clients in various industries, including property and casualty insurance, workers' compensation, and disability management. The company has a team of experienced professionals who work closely with clients to develop customized solutions that meet their specific needs. Sedgwick has a reputation for delivering high-quality service and has been recognized for its excellence in the insurance industry.
Learn more about Sedgwick
Size
10,000 employees
Industry
Founded
1969

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