Commodity Manager

PanelmaticHouston, TX

About The Position

Panelmatic, Inc. is seeking a Commodity Manager to develop and execute commodity strategies aligned with company growth, cost, and operational goals. This role involves leading sourcing events, managing supplier relationships, and ensuring data accuracy in the ERP system. The Commodity Manager will also be responsible for identifying and mitigating supply chain risks, driving cost reduction initiatives, and monitoring market trends. Collaboration with Engineering, Estimating, and Materials teams is crucial for supporting quoting, BOM accuracy, and resolving escalations. The position requires a strong understanding of industrial manufacturing environments and the ability to interpret technical drawings and specifications.

Requirements

  • 5+ years of experience in procurement, strategic sourcing, or supply chain management
  • Experience in an industrial manufacturing environment
  • Ability to read and interpret technical drawings, specifications, and bills of material (BOMs)
  • Experience with ERP systems (Syteline, SAP, Oracle, or similar), including maintaining supplier, pricing, and lead time data
  • Proficiency in data analysis tools to support decision-making
  • Strong communication and cross-functional collaboration skills

Nice To Haves

  • Bachelor’s degree in Supply Chain, Business, Engineering, or a related field
  • Experience managing commodities such as metals (steel), copper, or electrical components
  • Background in supplier development and continuous improvement initiatives
  • Familiarity with contract terms, incoterms, and commercial agreements
  • Experience implementing or working with supplier scorecards and KPI tracking
  • Lean, Six Sigma, or similar continuous improvement experience

Responsibilities

  • Develop and execute commodity strategies aligned with company growth, cost, and operational goals
  • Lead sourcing events (RFQs/RFPs), supplier selection, and contract negotiations
  • Manage supplier relationships, including performance (OTD, quality, cost) and capacity planning
  • Own supplier, pricing, and lead time accuracy in the ERP system to support quoting, planning, and purchasing execution
  • Identify and mitigate supply chain risks, including long lead-time and single-source dependencies
  • Drive cost reduction initiatives, including value engineering and should-cost analysis
  • Partner with Engineering and Estimating to support quoting, BOM accuracy, and component standardization
  • Monitor market trends (steel, copper, electrical components, etc.) and adjust sourcing strategies accordingly
  • Support production ramp-ups by ensuring supplier readiness and capacity alignment
  • Implement and maintain supplier scorecards and continuous improvement plans
  • Collaborate with Buyers and Materials teams to resolve escalations and ensure execution of procurement strategy
  • Perform other duties and responsibilities as assigned to support business objectives

Benefits

  • Medical, dental, vision, HSA, term life, AD&D, STD, LTD
  • 100% medical premium paid for by Panelmatic for the employee-only level medical coverage
  • 80% paid for by Panelmatic and 20% paid for by the employee on all other level medical coverage (i.e. employee plus child, employee plus spouse, family)
  • 401(k) contributions matched 100% up to 4%
  • Scholarships, educational reimbursement, paid volunteerism, and paid personal and professional development provided
  • PTO and paid holidays provided
  • Career advancement opportunities
  • Competitive wages
  • Family-friendly environment with average employee tenure above five years
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