Commodity Procurement Specialist

1 month ago

Boulder, Colorado, United States The GEO Group, Inc. Full time
Job Title: Commodity Manager

Job Summary:

The Commodity Manager is responsible for overseeing and optimizing the procurement, supply chain, and market trend analysis for critical technology commodities. This position plays a pivotal role in ensuring the company's competitive edge in the rapidly evolving technology industry.

Key Responsibilities:

  • Develop and execute a global supply chain strategy to ensure a reliable and efficient flow of components worldwide.
  • Leverage an extensive network of specialized suppliers in the electronic components industry to secure favorable terms, pricing, and quality standards.
  • Lead the company in staying current with emerging market trends in technologies, developing and implementing strategies to capitalize on market opportunities and mitigate risks.
  • Provide ongoing training and mentorship to enhance the team's expertise and awareness of market dynamics.
  • Create comprehensive training materials to educate the organizational teams on the technical aspects, value propositions, and market trends of these commodities.
  • Identify cost-saving opportunities specific to components through strategic negotiations, value engineering, and supply chain optimization.
  • Ensure that suppliers meet and exceed quality and compliance standards for components, collaborating closely with quality teams to resolve any issues.
  • Collaborate closely with cross-functional teams, including Sales, Engineering, and Operations to align procurement strategies with business objectives within the specialized segment.

Requirements:

  • Bachelor's degree in supply chain management, business, or a related field, or equivalent work experience.
  • At least five years of experience in Global Procurement, specializing in technology-related industries and components.
  • Proven experience in sourcing, procurement, and supply chain management, specifically in technology-related industry commodities.
  • Experience in PCB/PCBA, Mechanical, Machining, Plastics, Battery, Electrical, and/or Electronics category.
  • Experience creating strategies across different businesses.
  • Proven expertise in global procurement of electronics components, molded plastics, PCB/PCBAs, and management of contract manufacturers with a deep understanding of the unique challenges and opportunities in GPS and Technology.
  • Understanding of specialized quality standards and the ability to ensure supplier compliance within this segment.
  • Ability to address complex specialized supply chain challenges and implement effective solutions.
  • Ability to work with computers and the necessary software typically used by the department.

Working Conditions:

  • Typical office environment.
  • Use of standard office equipment such as computer, keyboard, telephone, fax machine, and copier.

Pay: USD $115,000.00/Yr. to USD $130,000.00/Yr.

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