Commodity Manager

PSI • Memphis, TN

2d

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 purchasing for facilities in the USA and calls for experience in plastics procurement, including knowledge of 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, reduce costs, and increase supply chain efficiency.

The position develops commodity strategies, oversees supplier selection and negotiations, conducts market and total-cost analysis, and supports material budgeting and cost forecasting. It also includes maintaining supplier and purchasing records, building supplier relationships, and working with cross-functional teams to mitigate supply risks and improve performance. Travel may be required as needed.

Requirements

• 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 proficiency with 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

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