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Commodity Manager
2 months ago
Commodity Manager (Remote United States but must be able to travel 50%)
Our Fortune 1000 Diversified Manufacturing Leader needs a strong Steel/Metals Commodity Manager who is accustomed to managing North of 500M spend.
- Responsible for all matters related to cost of supply for assigned Steel and Metals.
- Assure material flow of assigned categories into respective sites. Responsible for supplier performance, capacity, and to work with Supplier Development to develop poor performing suppliers. Implement and maintain KPIs to monitor and improve performance of managed supply base.
- Build stakeholder alignment to support initiatives. Identify and develop suppliers to support new product development, as needed/required.
- Ability to travel up to 50%, including both domestic and international overnight stays
- Manage direct material commodities (i.e., metal categories)
- Manage supplier relationships to meet Valmont requirements for safety, quality, delivery, productivity, and other business terms
- Negotiate with suppliers to establish competitive contracts and beneficial agreements
- Monitor indexed portions of material spend and make recommendations to management regarding hedges, locks, forward purchases, etc.
- Actively participate in monthly score card and project reporting as well as annual strategic plan reporting
- Lead and direct value engineering and cross-functional team activities
- Support and lead supply optimization efforts to include but not limited to consolidation, dual sourcing, rationalization, risk mitigation, etc.
Qualifications:
- Bachelor’s Degree (Supply Chain, Engineering, Science, or Finance) with 6+ years relevant experience OR Associate’s Degree with 8+ years relevant experience OR 10+ years relevant experience, Master's Degree preferred.
- Excellent verbal and written communication across regions, functions, and levels
- Excellent negotiating capability
- Collaboration and influence management skills; works effectively in a matrixed organization
- Strong proficiency with Microsoft Office applications and MRP/supply chain systems
- Commodity management experience with high dollar spend
- Experience in managing commodities that are directly tied to material indices
- Proven track record of supplier development, management, and sustained productivity
- Strong financial acumen
- Self-starter, ability to work independently with minimal supervision
- Ability to develop and recommend material and process alternatives and work collaboratively with Engineering and Product Management teams