Commodity Procurement Manager
2 days ago
Tenneco is a leading designer, manufacturer, and marketer of automotive products for original equipment and aftermarket customers. With a global presence, the company operates at over 300 sites worldwide, employing approximately team members.
Key Responsibilities:
The Commodity Manager will be responsible for direct material purchasing, contract negotiation, and supplier management. This role will also involve developing and implementing commodity strategies to achieve corporate and business unit goals.
Requirements:
- Understanding of global business trends and drivers, including technological advancements and market dynamics.
- Ability to segment and define the supply base to support business trends and drivers.
- Collection of cost breakdowns from suppliers to enhance pricing structure knowledge and visibility.
- Development of commodity strategies to achieve corporate and business unit goals, including supply base rationalization and cost management.
- Utilization of commodity expertise to create and update business plans and strategic plan metrics.
- Liaison between business units and corporate indirect purchasing teams to align strategies and execute corporate negotiated agreements.
- Management of commodity reviews and supply base consolidation to increase negotiation leverage and efficiency.
- Negotiation, creation, maintenance, and enforcement of commodity supplier contracts.
- Understanding and securing hedging agreements as appropriate.
Education: Bachelor's degree in Supply Chain, Purchasing, Engineering, Business, or a related field.
Experience: 5 years of experience in purchasing or procurement-related fields, with a preference for high-volume manufacturing industries.
Tenneco is committed to the safety and health of its employees, adhering to social distancing recommendations and other protocols to ensure a safe work environment.
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