Commodity Manager

Manitou•Madison, WI

2d•Hybrid

About The Position

As a member of the Sourcing team, the Commodity Manager develops, implements, and maintains a commodity strategy that supports Manitou’s business objectives in North America. This role will work closely with materials managers, tactical buyers, engineers, and product managers to develop and implement comprehensive sourcing strategies. The Commodity Manager will have solid data mining and negotiation skills and the ability to lead and mentor cross-functional teams. Additionally, to find, evaluate, and select suppliers; negotiate pricing and LTA contracts, and drive supplier productivity & total cost improvement of purchased materials. Building value-added relationships with key suppliers, supply management, and manufacturing site teams is essential. This position will report to the Senior Sourcing Manager and can be based out of our corporate headquarters in West Bend, WI or either of our manufacturing locations in Yankton or Madison, South Dakota.

Requirements

3+ years of strategic sourcing experience.
Proven ability to lead supplier negotiations, material productivity initiatives, and sourcing/resourcing strategies.
Experience and knowledge of manufacturing processes, quality systems, supply chain, and logistics processes.
Proficiency in managing master data within complex ERP environments; capable of leveraging data accuracy and process integrity to drive informed sourcing decisions.
Experience in developing and implementing formal supplier segmentation frameworks to proactively manage supply chain risk and optimize supplier relationships.
Proven ability to drive operational excellence through process standardization, with a focus on streamlining workflows to maximize the team's capacity for strategic initiatives.
Move easily between big picture thinking and managing relevant detail.
Well-developed business acumen and continuous improvement mindset.
Demonstrated ability to work collaboratively, with strong networking, influencing, and communication skills; and to drive effective execution.
Effectively communicate vision and strategy to key stakeholders.
Practical knowledge of how supply chains work and ability to assess cost drivers of industrial processes.
Ability to develop, interpret and make decisions from total landed cost models.
Must be able to work with all levels of internal and supplier management teams, including globally.
Applicants must be authorized to work in the United States.

Nice To Haves

CPSM, CPM, LSS Certifications a plus

Responsibilities

Defining a sourcing strategy to optimize cost and working capital improvement opportunities for purchased parts.
Identification, qualification, and selection of new suppliers; preparation and execution of RFQ and competitive bidding events; creation and evaluation of complex business cases; leading Contract/LTA negotiations and compliance; all while ensuring cost, quality, capacity, delivery, and capability requirements are met and sustained.
Collaborate with engineering on new product development activities to support projects, align design with our strategic supply base, and deliver products on time and at or below cost targets.
Analyze and categorize spend and drive material productivity through spend consolidation and direct negotiations.
Support of manufacturing site requirements, leveraging spend across locations to identify and implement sourcing and process improvements to strengthen and accelerate supply chain initiatives.
Project and/or Program Manager activities, leading projects to meet objectives and drive operational results.
Assess and adjust supply base capability and capacity to minimize potential supply disruptions.
Manage the two-pronged task of identifying new global supply sources as well as rationalizing and consolidating the existing supply base and commodity list.
Develop, measure, and manage key supplier performance metrics and manage associated improvement action plans.
Identify, initiate, and support Corporate Social Responsibility activities.
Perform other duties as assigned.