Commodity Manager

Found in: Talent US C2 - 2 weeks ago

Cedar Falls, United States IDEX Corporation Full time

If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.

With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses () around the globe, chances are, we have something special for you.

Primary Function:

Develop, prioritize, and execute short-term and long-term commodity strategies that reduce supply chain complexity and achieve continuous material productivity improvements. Identify and develop strategic supply bases for critical components while also reducing overall supply-chain complexity.

Essential Duties and Responsibilities:

Develop and execute commodity strategies that achieves quality, delivery, cost and inventory targets within respective commodities.

Analyze current market conditions, geo-political environment and incorporate into commodity strategies to effectively mitigate supply chain risk.

Negotiate agreements with suppliers of assigned global commodities ensuring that the best total cost is realized.

Contracts will include such items, as discounts, payment terms, shipping terms, stocking agreements, quality parameters, service requirements, supply chain connections and other items deemed valuable.

Utilize 80/20 mindset to establish strategies and identify opportunities to reduce product and supply base complexity for assigned commodities.

Lead cross-functional project teams to implement product complexity reduction and improvement.

Manage Global supply base and incorporate supply chain management tools to continually improve supplier performance and drive internal efforts to resolve supplier issues.

Assist product teams in gaining a competitive advantage by incorporating product roadmaps, current market conditions and new technologies within their commodities. Continually assess and evaluate new suppliers.

Requirements:

Bachelor’s degree in Supply Chain, Business Administration, or related discipline

Minimum of 5 years’ experience in commodity management in a manufacturing environment, or equivalent combination of education and experience

APICS or CPM certificate preferred.

This position requires compliance with ITAR regulations. Therefore, all employees working in this capacity must be a US Citizen or a US Permanent Resident.

Experience in iron/aluminum casting, metal fabrication, machining, electronics, and/or plastics preferred

Experience in managing a global supply base preferred

Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?

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