Commodity Specialist

General FastenersLivonia, MI
$65,000 - $75,000Onsite

About The Position

General Fasteners is seeking a Commodity Specialist to join their stable and growing local company in Livonia, MI. This role is crucial for ensuring the stability of the company's supply chain and competitiveness. The Commodity Specialist will be responsible for creating and maintaining relationships with strategic suppliers, coordinating with various internal teams (Engineering, Quality, Accounting, Operations, and Sales), and managing the company's supply chain through sourcing, negotiating, and purchasing commodities.

Requirements

  • Experience with Microsoft Office applications: Outlook, Excel, Word, Access
  • Experience using Epicor Prophet 21 and IQS (Enterprise Quality Management) Software
  • Purchasing experience with both domestic and international suppliers
  • Experience in the Fastener Industry
  • Resolve problems where precedent may not exist
  • Driven, have sense of urgency, take ownership
  • Ability to cooperate with people of different levels inside/ outside the company and to interact with team to reach team goals and business objectives
  • Ability to gather information, analyze data, prepare, and lead negotiations as well as suggest recommendations
  • Excellent communication skills, both written and verbal
  • Comfortable talking on the phone
  • Enjoy building relationships with people
  • Team-oriented
  • Creative problem-solving skills

Nice To Haves

  • Bachelor's degree or equivalent professional experience

Responsibilities

  • Managing the company's supply chain by sourcing, negotiating, and purchasing commodities
  • Maintain/Implement pricing strategy to establish the best price market wide
  • Evaluate market conditions to mitigate risks
  • Understand product offerings provided by suppliers
  • Maintain/Implement inventory strategies to decrease cost, increase inventory turns, and increase profitability
  • Maintain/Implement supplier rebate programs
  • Negotiate competitive payment terms / Assist Accounting with invoice concerns
  • Build and maintain good relationships with both new and existing suppliers
  • Conduct quarterly business reviews with strategic suppliers to review performance and establish continuous improvement strategies
  • Assist on identifying suppliers for gap purchases
  • Assist Quality with customer / supplier concerns

Benefits

  • Competitive starting wage
  • 10 paid holidays
  • Generous paid time off (PTO)
  • 401(k) option
  • Flexible spending accounts (FSAs)
  • Life insurance
  • Medical insurance
  • Dental insurance
  • Vision insurance
  • Other insurance options
  • Down-to-earth casual environment
  • Positive team-oriented culture
  • Potential for career growth
  • Promote a healthy work-life balance
  • Personal development
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