Global Commodity Manager

Job Title: Global Commodity Manager

FLSA Status: Exempt

Department: Supply Chain Services

Reports to: Strategic Sourcing Leader

GENERAL DESCRIPTION / PURPOSE:

The Global Commodity Manager leads and supports development, implementation, and management of sourcing strategies that optimize supplier partnerships, drive performance objectives, and provide optimal flexibility, quality, delivery and lowest TCO. They deliver value and competitive advantage as measured by customer satisfaction, project execution, value improvement, innovation, and risk mitigation. They build relationships with suppliers; plan, execute and finalize sourcing strategies for product and manufacturing operations; work closely with stakeholders to identify and execute potential opportunities that drive value. They drive strategy development, cost management/reduction targets, and coordinate sourcing activities to support project initiatives. They work with teams to create an efficient and innovative partnership across all functions and levels. They are responsible for $50M-$60M direct spend.

ESSENTIAL JOB FUNCTIONS:

Operational Excellence

• 
  

  Define and execute a sourcing calendar of initiatives for assigned categories based on business plans with support from stakeholders, market conditions and terms of outstanding contracts.

  
  

• 
  

  Establish collaborative relationships with departments to define requirements for Direct and Indirect products and services with a focus on fundamental needs balanced with innovation and financial constraints.

  
  

• 
  

  Understand and track the key input cost drivers and market factors for assigned commodities, provide countermeasure concepts, forecast, and maintain costing and should be cost model.

  
  

• 
  

  Provide category knowledge and market expertise for assigned spend and continuously learn new technologies, processes, and industry best practices that deliver value.

  
  

Supplier Relationship Management

• 
  

  Drive sourcing value by leveraging market knowledge, supplier optimization, predictable and industry leading pricing plans, RF(x)and (TCO) cost modeling through transparent SRM.

  
  

• 
  

  Create and implement SRM programs that include developing performance measures and scorecards, tracking and reporting against performance metrics, conducting timely supplier performance reviews, and taking corrective and recognition action.

  
  

• 
  

  Establish SRM strategies to deliver against goals and achieve sustainable supplier relationships.

  
  

• 
  

  Apply best-in-class practices and trends to create forward-thinking category and SRM strategies, including the implementation of technology/ analytical tools.

  
  

Sourcing Process

• 
  

  Execute, leverage, and deploy sourcing levers across all spend to create a competitive advantage.

  
  

• 
  

  Lead all aspects of supplier negotiations with business partners in drafting and executing contracts that protect the business interests and provide best value.

  
  

• 
  

  Oversee and advise on contract structure, terms and conditions, and performance-based contracting with suppliers.

  
  

• 
  

  Seek opportunities for cost containment and/or improvement. Develop performance metrics, benchmarks and utilize best practice sourcing within the category portfolio.

  
  

• 
  

  Lead cross-functional team of department owners and other stakeholders, through the end-to-end sourcing process (identification through implementation) and coordinate engagement.