Strategic Commodity Procurement Specialist
10 hours ago
Job Summary
The Global Strategic Commodity Manager will play a pivotal role in driving business success through effective commodity market navigation, strategic sourcing, and cost reduction initiatives. Reporting to the Global Sourcing Director, this individual will be part of the Global Sourcing Team, responsible for cultivating a deep understanding of commodity trends, industry drivers, and global pricing.
Key Responsibilities
- Cultivate a solid working knowledge of relevant commodity trends, including industry trends, cost drivers, global pricing, material lead times, and technical/manufacturing processes.
- Set commodity strategy, select and contract suppliers in the field of electronic component manufacturers and other mechanical areas.
- Investigate and recommend new and/or alternate sources of supply to support new product development, cost reduction requirements, and/or supplier performance issues.
- Manage Sustainability supplier targets and implement the HMS supplier code of conduct.
- Work with supplier evaluation, negotiate conditions to ensure supplier high performance and aggressive cost reduction, and drive supplier Common Agenda.
- Deploy cost savings programs over the suppliers' network for long-term competitiveness and define innovative supply solutions to maximize purchasing efficiency.
- Supplier risk management and work with emerging needs in Supply Chain, carry out spend and cost analyses, and resolve vendor disputes and commodity-related issues.
Requirements
Familiarity with ISO9001 and commitment to equal employment opportunities (EEO) as outlined by Red Lion Controls.
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