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Accelerate Professional Talent Solutions
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Commodity Manager
10102 F St Ralston, NE 68127 US
Posted: 11/27/2023
2023-11-27
2024-05-02
Employment Type:
Direct Hire
Job Category: Operations - Technical
Job Number: 717055
Job Description
Position Title: Commodity Manager
Wage: Based on Experience
The Commodity Manager is responsible for developing, implementing, and maintaining a procurement and inventory strategy that supports the companies supply chain. The Commodity Manager must constantly evaluate market conditions in order to maintain timely deliveries and stock availability while controlling costs. They will also responsible for evaluating, recommending, and developing structured relationships with key vendors in the supply chain as well as mentoring other personnel on the best practices for tactical procurement activities performed by the Buyers and MRP Controllers in USA.
Commodity Manager Responsibilities:
- Develop and manage pricing strategies
- Negotiate pricing agreements between company and its suppliers for key accounts and materials
- Devise ways and means to maximize commodity buying efficiency and the efficiency of other procurement processes to minimize risks to company
- Preserve and promote company standards by building a strong and self-sufficient commodity supply base
- Ensure that supply chain projects/department milestones/goals are met
- Assist the Purchasing Manager and Operations Managers in adhering to approved budgets
- Create, establish and maintain sourcing list on materials
- Approve quantity and pricing for payment of invoices
- Support and uphold the quality and EHS policy
- Analyze market and delivery conditions to determine present and future material availability
- Select products for purchase by testing, observing or examining items
- Prepare market analysis reports
- Advise Product Management and Sales on output pricing relative to changes in supply chain input pricing
- Manage contracts and negotiations for key supplier accounts
- Collaborate with suppliers on improving supplier performance (quality, delivery, and service)
- Develop and maintain business communication with suppliers to ensure ongoing supplier performance and long-term relationship stability
- Review and provide escalation of expedite delivery requirements directly with vendors
Requirements for Commodity Manager:
- Bachelor's degree from four-year college or university; and/or 5-10 years related experience and/or training; or equivalent combination of education and experience
- Able to read, analyze, and interpret general business periodicals, professional journals, technical procedures or governmental regulations
- Able to write reports, business correspondence, and procedure manuals
- Able to effectively present information and respond to questions from groups of managers, clients, customers and the general public
- Able to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry
- Able to apply concepts such as fractions, percentages, ratios and proportions to practical situations
- Able to work with a conversion of units of measure
- Good problem solving, interpersonal and organizational skills
- Good computer skills with knowledge of Microsoft
- Knowledge of SAP is a benefit; experience with some other ERP system essential
- Some travel will be required for this role. Travel will be on as need basis, to support supplier selection, supplier relationship development, and on-going supplier performance. Estimated travel time is approximately 5-10% of total work time
Wage: Based on Experience
The Commodity Manager is responsible for developing, implementing, and maintaining a procurement and inventory strategy that supports the companies supply chain. The Commodity Manager must constantly evaluate market conditions in order to maintain timely deliveries and stock availability while controlling costs. They will also responsible for evaluating, recommending, and developing structured relationships with key vendors in the supply chain as well as mentoring other personnel on the best practices for tactical procurement activities performed by the Buyers and MRP Controllers in USA.
Commodity Manager Responsibilities:
- Develop and manage pricing strategies
- Negotiate pricing agreements between company and its suppliers for key accounts and materials
- Devise ways and means to maximize commodity buying efficiency and the efficiency of other procurement processes to minimize risks to company
- Preserve and promote company standards by building a strong and self-sufficient commodity supply base
- Ensure that supply chain projects/department milestones/goals are met
- Assist the Purchasing Manager and Operations Managers in adhering to approved budgets
- Create, establish and maintain sourcing list on materials
- Approve quantity and pricing for payment of invoices
- Support and uphold the quality and EHS policy
- Analyze market and delivery conditions to determine present and future material availability
- Select products for purchase by testing, observing or examining items
- Prepare market analysis reports
- Advise Product Management and Sales on output pricing relative to changes in supply chain input pricing
- Manage contracts and negotiations for key supplier accounts
- Collaborate with suppliers on improving supplier performance (quality, delivery, and service)
- Develop and maintain business communication with suppliers to ensure ongoing supplier performance and long-term relationship stability
- Review and provide escalation of expedite delivery requirements directly with vendors
Requirements for Commodity Manager:
- Bachelor's degree from four-year college or university; and/or 5-10 years related experience and/or training; or equivalent combination of education and experience
- Able to read, analyze, and interpret general business periodicals, professional journals, technical procedures or governmental regulations
- Able to write reports, business correspondence, and procedure manuals
- Able to effectively present information and respond to questions from groups of managers, clients, customers and the general public
- Able to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry
- Able to apply concepts such as fractions, percentages, ratios and proportions to practical situations
- Able to work with a conversion of units of measure
- Good problem solving, interpersonal and organizational skills
- Good computer skills with knowledge of Microsoft
- Knowledge of SAP is a benefit; experience with some other ERP system essential
- Some travel will be required for this role. Travel will be on as need basis, to support supplier selection, supplier relationship development, and on-going supplier performance. Estimated travel time is approximately 5-10% of total work time
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