Commodity Manager

PSI•Knoxville, TN

About The Position

We are seeking a highly skilled and strategic Commodity Manager to manage procurement of raw materials and indirect/non-production materials. This role is critical to ensuring cost-effective sourcing, continuity of supply, and alignment with operational and business objectives. The ideal candidate has strong experience in the plastics industry, including knowledge of resins, TiO₂, carbon black, and chemical additives. The role works collaboratively with Procurement, Supply Chain, Regulatory, Quality, Sales, Technical Services, and Operations to improve supplier performance, achieve cost savings, and increase supply chain efficiency. The Commodity Manager will oversee purchasing requirements for facilities in the USA, maintain purchasing and vendor records, analyze supply markets, lead supplier selection and negotiations, and develop commodity strategies. The position also supports budgeting and forecasting, risk mitigation, supplier performance improvement, and corrective action processes. Travel is required as needed.

Requirements

  • Bachelor’s degree in Supply Chain, Business, Logistics, Chemistry, or a related field is preferred.
  • At least 5 years of procurement experience.
  • Strong industry knowledge in plastics and chemicals procurement.
  • Expertise in supplier relationship management and strategic sourcing.
  • In-depth understanding of global supply chain success factors.
  • Strong analytical, communication, and organizational skills.
  • Ability to interpret blueprints and engineering documents.
  • Advanced computer proficiency, including Microsoft Word, Excel, PowerPoint, and Power BI.
  • Ability to manage multiple projects independently.
  • Knowledge of supply market trends, industry associations, and contract law as it relates to purchasing.
  • Willingness and ability to travel as needed.

Nice To Haves

  • Plastics or chemical industry background is strongly preferred.
  • Experience with Microsoft Dynamics 365 Business Central and Power BI is strongly preferred.

Responsibilities

  • Manage purchasing requirements for the client's facilities in the USA.
  • Maintain detailed purchase records and vendor data, including specifications, pricing history, performance, and contracts.
  • Conduct market analysis to identify trends, cost drivers, and technology shifts within the supply base.
  • Lead supplier selection, quotation processes, total cost of ownership analysis, and contract negotiations.
  • Build and maintain strong supplier relationships through visits, audits, and performance evaluations.
  • Develop commodity strategies to maximize purchasing leverage, continuity of supply, and cost efficiency.
  • Support material budget planning, cost forecasting, and key performance initiatives.
  • Lead supplier negotiations, cost-reduction workshops, and corrective action processes.
  • Partner with cross-functional teams to mitigate supply risk and drive supplier performance improvements.

Benefits

  • Health Care Plan (Medical, Dental & Vision)
  • Retirement Plan (401k, IRA)
  • Life Insurance (Basic, Voluntary & AD&D)
  • Paid Time Off (Vacation, Sick & Public Holidays)
  • Family Leave (Maternity, Paternity)
  • Short Term & Long Term Disability
  • Training & Development
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