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Commodity Manager

1 month ago

Germantown, Wisconsin, United States Enercon Industries Full time
Commodity Manager Job Description

Enercon Industries is seeking a highly skilled Commodity Manager to join our team in Germantown, WI. As a key member of our purchasing team, you will be responsible for developing and leading commodity strategies, managing supplier relationships, and ensuring timely delivery of quality materials.

  • Key Responsibilities:
  • Establish sourcing strategies for assigned commodities and suppliers
  • Develop initiatives to optimize the supply base and maximize profitability
  • Act as a responsive escalation point for manufacturing and provide corrective action leadership
  • Perform root cause analysis and resolution, and develop supplier improvement plans
  • Lead supplier onboarding and offboarding activities
  • Proactively monitor and manage supplier performance using the supplier scorecard process
  • Facilitate and lead supplier visits, design reviews, and corrective action with internal stakeholders
  • Perform monthly reporting of continuous improvement and cost reduction project metrics and status
  • Proactively monitor market indices that impact assigned commodity costs and develop strategies to maintain or improve cost basis
  • Effectively extract and analyze trend data, forecasts, and capacity forecasts, and coordinate with Production Planning, Scheduling, and Inventory to establish proper inventory levels of purchased materials
  • Lead the development of risk analyses, assessments, and mitigation plans for categories of spend
  • Lead the global sourcing plan for assigned commodity segments or suppliers
  • Partner with finance and legal to develop and continuously improve master purchase agreements and negotiate terms to accomplish defined business goals
  • Support manufacturing and finance in make versus buy scenario analysis and support or lead initiatives based on those analysis
  • Select and lead cost reduction/margin improvement initiatives
  • Collaborate with engineering and manufacturing to align with their technology, product, and process improvement roadmaps
  • Collaborate with others or lead the plant floor implementation of Engineering Changes, Corrective Action, and New Products as needed
  • Rigorously evaluate and manage ERP master data for consistency and accuracy to ensure accurate replenishment parameters, inventory levels, maximize opportunity manage by exception, and support long-term commodity requirements
  • Effectively collaborate with internal stakeholders and suppliers to ensure timely delivery of sourced or sub-contracted materials or services supporting the production schedule or strategic initiatives
  • May lead certain critical purchase direct and purchase to stock procurement for their assigned commodities or suppliers
  • Support inventory cycle counting initiatives or corrective action/counter measure initiatives which result from cycle counting
  • Communicate with company personnel as required to keep them informed of delivery schedules, material lead-times for the manufacture of customer orders, or the status of Engineering Changes, or development and introduction of New Products
  • Demonstrate effective change management awareness and skill to ensure changes are validated before implementation

Requirements:

  • Bachelor's degree in Supply Chain, Operations Management, Business, Finance, Engineering, or an associate degree with significant demonstrated strategic sourcing or commodity buying experience in an manufacturing organization
  • Five (5) or more years of work experience in Strategic Sourcing, Supply Chain, Materials Management, Supplier Quality, or related field is required
  • Excellent verbal and written communication to inform the organization on initiative, project, or corrective action status and perform effective change management as required
  • Proficiency with Microsoft Outlook, Excel, and Word is required. Strong data extraction and Excel trend analysis and forecasting capabilities are required
  • Ability to understand and interpret engineering drawings, technical data, and product specifications is required
  • APICS, CPM, C.P.M, CPSM, CIPS, CAP, PMP, and/or ISM certifications are a plus