Commodity Manager - Forgings and Machining

Altair Engineering, Inc. • Troy, MI

95d

About The Position

Our client in Auburn Hills, MI is looking for a Commodity Manager - Forgings and Machining. This is a direct hire position.

Requirements

• Bachelor’s degree in Supply Chain Management, Engineering, Business or related field
• 7+ years of progressive purchasing or supply chain experience in the automotive sector.
• Demonstrated expertise in sourcing and managing suppliers for forgings and machining
• Proven track record of leading complex negotiations and delivering commercial savings.
• Proficiency in cost analysis, should-cost modeling, and total cost of ownership methodologies.
• The ability to travel domestically and internationally as required (approximately 10-20%).

Responsibilities

• Develop, execute, and continuously improve the regional sourcing strategy for forgings and machined parts.
• Identify, evaluate, and develop cost disruptive suppliers to meet quality, cost, delivery, innovation, and sustainability objectives.
• Lead supplier negotiations to secure best-in-class material cost & commercial terms to the company.
• Monitor supplier performance and manage key relationships to ensure continuous improvement, compliance, and risk mitigation.
• Work closely with Engineering, Quality, Program Management, and Manufacturing teams to align purchasing strategies with technical requirements and program timelines.
• Lead and support annual cost reduction targets and ensure cost competitiveness throughout the product lifecycle, utilizing cost analysis, market intelligence and should be cost.
• Stay abreast of market trends, raw material fluctuations, and technological advancements that may impact cost structures.
• Assess and mitigate supply chain risks, including single sourcing, financial stability of suppliers, and geopolitical impacts.
• Ensure all supplier contracts and purchasing activities comply with company policies, industry standards, and legal requirements.
• Support supplier quality audits and escalation processes as needed.

Benefits

• Competitive Salary
• Comprehensive Benefit Package
• 401(k) with matching contributions
• Paid Time Off
• Employee Discounts
• Free training on all Altair products

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees