Commodity Manager

PSI • Memphis, TN

6h

About The Position

The Commodity Manager manages procurement of raw materials and indirect/non-production materials, supporting cost-effective sourcing, continuity of supply, and alignment with operational and business objectives. The role focuses on the plastics and chemicals industries, with relevant materials including resins, TiO₂, carbon black, and chemical additives. The manager 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 across North America.

Requirements

• 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.
• At least 5 years of procurement experience.

Nice To Haves

• Experience with Microsoft Dynamics 365 Business Central and Power BI.
• Plastics or chemical industry background.
• Bachelor’s degree in Supply Chain, Business, Logistics, Chemistry, or a related field.

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 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, and vision).
• Retirement plan (401k, IRA).
• Life insurance (basic, voluntary, and AD&D).
• Paid time off (vacation, sick, and public holidays).
• Family leave (maternity and paternity).
• Short-term and long-term disability.
• Training and development.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level