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Global Commodity Manager
3 months ago
Videojet is proud to be a Product Quality & Innovation company in Veralto (NYSE: VLTO). Imagine a world where everyone has access to clean water, safe food and medicine, and trusted essential goods. That is the tomorrow Veralto is creating today. Veralto is a $5B global leader in essential technology solutions made up of over 16,000 associates across our Water Quality and Product Quality & Innovation segments all united by a powerful purpose: Safeguarding the World’s Most Vital Resources.
As part of our team, you’ll make an immediate, measurable impact on Safeguarding everyday essentials. You’ll also belong to a respectful and collaborative community that fosters career growth and professional development. You’ll be supported by resources that make a positive difference in your life because, at Videojet, we value your authenticity and want your talents to shine.
**About the role**:
We are currently seeking a dynamic individual to join our team as Global Commodity Manager. This pivotal position involves the development and execution of commodity strategy, strategically sourcing components to achieve lowest total cost of ownership, and supporting ongoing initiatives that reduce risk and increase value for the customer. Reporting directly to the Global Procurement Director, this role is based in Wood Dale, IL, requiring a minimum on-site presence of three days per week. If you are passionate about driving efficiency and excellence in procurement and supply chain management, we invite you to join us and contribute to our corporation's continued success.
In this role, you will:
- Manage overall responsibility of material spend between $50M - $60M.
- Develop, negotiate, and complete contracts/agreements with suppliers that minimize TCO, improve quality, minimize supply risk and assure on-time delivery.
- Develop an in-depth knowledge of assigned commodities, global supply markets, new technologies, supply landscape and pricing trends.
- Build and lead a pipeline of PPV/VAVE projects by conducting cross functional workshops throughout Videojet Technologies Inc. and help implement them.
- Develop and implement working capital turns improvement programs including payment terms extension, inventory reduction, lead time reduction, Consignment and 3PL
- Prepare and conduct RFQ/RFQ’s and analyze quotes, including conducting e-auctions as needed. Conduct, analyze and perform cost break down analysis to support negotiations, to result in best overall cost and commercial terms.
- Provide support to manufacturing locations for supplier performance issues related to quality and delivery.
- Deliver measurable and auditable results in policy deployment targets and key performance indicators.
**Are you qualified?**
- Minimum of 6 years in Procurement or Strategic Sourcing
- BS degree in Business Administration, Engineering, Supply Chain Management, or similar discipline.
- 4+ years of experience managing PCBA spend and other related components.
- Demonstrated project management experience.
- Broad supply chain knowledge for Tier 1 and Tier 2 manufactures of PCBA.
- Financial acumen and demonstrated aptitude in analytics and decision-making.
- Ability to travel when required.
Are you
Interested in working for an international and diverse company?
Interested in working for a company that is dedicated to safeguarding everyday essentials?
Interested in helping drive environmental and sustainability governance?
If so, read on
Veralto’s Product Quality and Innovation companies help our customers safeguard everyday essentials by protecting food supply chain, enabling the delivery of verified pharmaceuticals, and ensuring product quality, freshness, and consistency. You’ll be joining a dynamic team
Our Benefits:
- Comprehensive benefits package (medical, dental, vision & more) eligible on day 1 of employment
- Annual bonus as well as annual salary review
- Permissive paid time off policy emphasizing flexibility and trust
- Paid Holidays
- Training and development opportunities
- 401K savings plan + company match
- Tuition reimbursement
- Paid Parental Leave
- Veralto Wellbeing Program, with rewards
- Employee Assistance Program (legal, financial, and counselling resources)
Veralto Corporation and all Veralto Companies are committed to equal opportunity regardless of race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity, or other characteristics protected by law. We value diversity and the existence of similarities and differences, both visible and not, found in our workforce, workplace and throughout the markets we serve. Our associates, customers and shareholders contribute unique and different perspectives as a result of these diverse attributes.
The EEO posters are available **here**.**
Veralto Corporation and all Veralto Companies are committed to equal opportunity regardless of race, color, national origin, religion, sex, a
