IDEX Corp

Global Commodity Manager

IDEX Corp$110K — $130K *
Manufacturing & Automotive
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Supply Chain Management, Business, Engineering, or related field.
  • 10+ years in strategic sourcing, procurement, or commodity management.
  • 5+ years managing global suppliers and international sourcing activities.
  • Proven success in negotiating complex commercial agreements.
  • Strong analytical and problem-solving skills, proficient in ERP systems like SAP or Oracle.
  • Certification in CPSM, CPM, CSCP, or equivalent preferred.
  • Experience with spend analysis and cost modeling, particularly in manufacturing sectors preferred.

Responsibilities

  • Develop and execute global commodity strategies aligned with business objectives.
  • Manage annual spend ranging from $12 million in assigned categories.
  • Analyze markets and supply chain trends to identify risks and opportunities.
  • Lead RFQ, RFP, and strategic sourcing initiatives while negotiating contracts.
  • Deliver on productivity targets and cost reduction objectives through supplier innovation.
  • Manage strategic supplier relationships and conduct quarterly business reviews.
  • Partner with various teams to support new product introduction and sourcing activities.

Benefits

  • Culturally diverse work environment with international exposure.
  • Opportunities for professional development and certifications.
  • Contribution to key business growth initiatives impacting the global market.
  • Involvement in cross-functional teams fosters a collaborative atmosphere.
  • Chance to work with leading suppliers in various industries.
Full Job Description
PRIMARY FUNCTION:

The Global Commodity Manager is responsible for leading Warren Rupp global material sourcing, and supplier base management. The Global Commodity Manager must develop, prioritize and execute short and long term commodity strategies that reduce supply chain complexity and achieve key cost saving targets for Warren Rupp to meet key material productivity goals. The individual is accountable for the supply base management of the commodity and uses a variety of tools to drive supplier delivery and quality improvements. Identify and develop "best in class" international and domestic supply base for critical components while also reducing overall supply chain complexity. This role partners with cross-functional stakeholders worldwide to optimize supplier performance, drive total cost of ownership improvements, and support business growth initiatives. This key leader will work closely with each site's Supply Chain team in the development of strategic plans and supporting objectives across Warren Rupp and other Business Units.

PRIMARY DUTIES AND RESPONSIBILITIES:

  • Develop and execute global commodity strategies aligned with business objectives.
  • Manage annual spend ranging from $12+ within assigned categories.
  • Utilizes 80/20 Mindset to establish strategies and reduce supply base for complexity assigned.
  • Analyze market conditions, commodity indices, and supply chain trends to identify risks and opportunities.
  • Establish long-term sourcing roadmaps and supplier footprint strategies.
  • Develop should-cost models and total cost of ownership analyses.
  • Lead RFQ, RFP, and strategic sourcing initiatives.
  • Negotiate global contracts, pricing agreements, terms and conditions, and supplier commitments.
  • Deliver annual productivity targets and cost reduction objectives.
  • Identify and execute value engineering and supplier-driven innovation opportunities.
  • Ensure compliance with corporate procurement policies and governance requirements
  • Manage strategic supplier relationships at executive levels.
  • Conduct quarterly business reviews and performance evaluations.
  • Develop supplier scorecards and continuous improvement programs.
  • Monitor geopolitical, financial, operational, and supply continuity risks.
  • Develop mitigation plans and dual-source strategies where appropriate.
  • Support business continuity planning and supply assurance activities.
  • Assess supplier financial health and capacity constraints.
  • Partner with Engineering, Operations, Quality, Finance, and Product Management teams.
  • Support new product introduction programs and supplier selection activities.
  • Lead global sourcing projects and NPD projects involving multiple regions and stakeholders.
  • Influence sourcing decisions without direct authority.
  • Lead VA/VE projects for Sourcing across Warren Rupp.


EDUCATION AND/OR EXPERIENCE REQUIREMENTS:

  • Bachelor's degree in Supply Chain Management, Business, Engineering, Operations, or related field.
  • Minimum 10 years of strategic sourcing, procurement, commodity management, or supply chain experience.
  • Minimum 5 years managing global suppliers and international sourcing activities.
  • Demonstrated success negotiating complex commercial agreements.
  • Experience driving measurable productivity and cost savings initiatives.
  • Strong analytical, financial, and problem-solving skills.
  • Proficiency in ERP systems such as SAP, Oracle, or JDE.
  • Proficiency in MRP, Microsoft Office Suite, Microsoft Project.
  • CPSM, CPM, CSCP, APICS, or equivalent certification (preferred).
  • Experience within automotive, industrial manufacturing, aerospace, HVAC, electronics, or consumer products industries (preferred).
  • Advanced spend analysis, cost modeling, and market intelligence capabilities (preferred).
  • Experience managing annual spend greater than $30M (preferred).


WORK ENVIRONMENT REQUIREMENTS:
  • Ability to travel domestically and internationally up to 25%
  • Combination of office and production environments


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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