Commodity Manager

Spinx

$90K — $120K *
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or related field required
  • CPSM, CSCP, CPIM, or MBA preferred
  • 7+ years of strategic sourcing, procurement, and commodity management experience
  • 3+ years in commodity-specific management
  • Experience negotiating supplier agreements and managing supplier performance

Responsibilities

  • Develop and execute commodity strategies aligned with business objectives
  • Lead strategic sourcing initiatives for supplier identification and selection
  • Negotiate pricing, contracts, and long-term supplier agreements
  • Manage supplier performance through scorecards and business reviews
  • Drive initiatives for cost reduction and supply continuity
  • Collaborate with Engineering for quick supplier selection on new products
  • Lead RFIs, RFQs, and RFPs for assigned commodities

Benefits

  • Health, dental, and vision insurance
  • 401K plans
  • Competitive time off programs
  • Eligibility for annual bonus based on performance
  • Comprehensive Total Rewards Package
Full Job Description
Job Summary:

The Commodity Manager is responsible for developing and executing sourcing strategies for assigned commodities to ensure a reliable, cost-effective, and high-performing supply base. This role leads supplier selection, contract negotiations, supplier performance management, and strategic sourcing initiatives while partnering with Engineering, Operations, Quality, Planning, and Buyers to support new product introduction and production.

Job Duties and Responsibilities:
  • Develop and execute commodity strategies aligned with business objectives.
  • Lead strategic sourcing initiatives including supplier identification, qualification, and selection.
  • Negotiate pricing, contracts, and long-term supplier agreements.
  • Manage supplier performance through demand forecasting, scorecards, and business reviews.
  • Drive cost reduction, risk mitigation, and supply continuity initiatives for sustaining production and transfer projects
  • Partner with Engineering to support supplier selection and speed of delivery for new product introductions.
  • Collaborate with Buyers and Planning to resolve material shortages and supplier escalations.
  • Lead RFIs, RFQs, and RFPs for assigned commodities.
  • Monitor commodity markets and identify supply chain risks and opportunities.
  • Support supplier audits and corrective action activities with Quality.
  • Maintain sourcing documentation and ERP data integrity.
  • Lead continuous improvement initiatives and mentor procurement team members.
  • Ensure compliance with company policies, quality systems, and regulatory requirements.
  • Perform other duties as assigned.


Qualifications

Education:

  • Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or related field required.
  • CPSM, CSCP, CPIM, or MBA preferred.


Experience:

  • 7+ years of strategic sourcing, procurement, and commodity management experience
  • 3+ years of experience in the commodity they will manage
  • Experience negotiating supplier agreements and managing supplier performance.
  • Medical device or contract manufacturing experience preferred.

Skills:

  • Strategic sourcing and supplier relationship management.
  • Strong negotiation, financial, and analytical skills.
  • Knowledge of ERP/MRP systems and Microsoft Office.
  • Excellent communication, project management, and cross-functional collaboration skills.
  • Ability to manage multiple priorities in a fast-paced manufacturing environment.


Working Conditions
  • Office environment
  • Manufacturing floor

Compensation and Total Rewards Package

The salary range for this position is outlined below under "Job Details" and is dependent upon the individual's skills, experience, qualifications, and applicable employment laws. Beyond base salary, Forj offers a competitive Total Rewards Package. We offer health, dental, vision, 401K plans, and time off programs. You may also be eligible to participate in an annual bonus program which depends on various factors, including, individual and organizational performance.

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