Commodity Manager

Saronic Technologies•Austin, TX

8d•Onsite

About The Position

The Commodity Manager is responsible for overseeing the sourcing and procurement of materials and components within a specific commodity category, ensuring cost-effective and efficient supply chain operations. This role works closely with internal stakeholders, suppliers, and cross-functional teams to drive supplier performance, optimize inventory, mitigate risks, and manage commodity strategies that align with the organization's business objectives.

Requirements

Bachelor’s degree in Supply Chain Management, Business, Engineering, or related field
5+ years of experience in supply chain management, procurement, or commodity management, ideally in a manufacturing or production environment.
Strong negotiation, communication, and interpersonal skills.
Demonstrated experience in supplier relationship management and contract negotiations.
In-depth knowledge of commodity markets, pricing, and global sourcing strategies.
Strong analytical and problem-solving skills.
Proficiency with supply chain management software (ERP, SAP, Oracle, etc.) and Microsoft Office Suite.
Ability to work in a fast-paced, cross-functional environment.
Experience in strategic sourcing and category management.
Knowledge of Lean, Six Sigma, or other process improvement methodologies.
Familiarity with global supply chain logistics and trade regulations.

Nice To Haves

Master's degree or certifications like CPSM, APICS, or CPIM preferred

Responsibilities

Lead sourcing and procurement activities for assigned commodity groups, including raw materials, components, or services.
Establish and maintain strong relationships with key suppliers to ensure reliable and cost-effective supply chains.
Develop and implement cost-saving strategies and continuous improvement programs.
Negotiate prices, contracts, and terms with suppliers to optimize cost structures while maintaining quality standards.
Collaborate with suppliers to ensure on-time delivery, high-quality standards, and continuous improvement in performance.
Monitor supplier performance using key performance indicators (KPIs) and implement corrective actions when necessary.
Work closely with inventory and logistics teams to ensure appropriate inventory levels are maintained for materials and components.
Minimize excess inventory and reduce supply chain bottlenecks.
Identify and manage risks within the supply chain, including supply disruptions, price volatility, and supplier reliability.
Develop contingency plans to mitigate potential supply chain disruptions.
Work closely with product development, engineering, operations, and finance teams to align commodity strategies with organizational goals and ensure smooth coordination across departments.
Monitor and analyze market trends, commodity pricing, and supply chain dynamics to anticipate changes in the marketplace.
Provide strategic recommendations to senior management based on market intelligence.
Ensure that all procurement activities comply with company policies, legal requirements, and sustainability objectives.
Support initiatives related to ethical sourcing and environmental responsibility.
Prepare regular reports and dashboards on commodity performance, supplier status, cost savings, and market conditions for senior leadership and stakeholders.

Benefits

Medical Insurance: Comprehensive health insurance plans covering a range of services
Saronic pays 100% of the premium for employees and 80% for dependents
Dental and Vision Insurance: Coverage for routine dental check-ups, orthodontics, and vision care
Saronic pays 100% of the premium under the basic plan for employees and 80% for dependents
Generous PTO and Holidays
Paid parental leave: Paid maternity and paternity leave to support new parents
Competitive Salary: Industry-standard salaries with opportunities for performance-based bonuses
Retirement Plan: 401(k) plan with company match
Stock Options: Equity options to give employees a stake in the company’s success
Life and Disability Insurance: Basic life insurance and short- and long-term disability coverage
Pet Insurance: Discounted pet insurance options including 24/7 Telehealth helpline
Additional Perks: Free lunch benefit and unlimited free drinks and snacks in the office