Global Commodity Manager - Chemicals

Videojet•Wood Dale, IL

1d•Hybrid

About The Position

Videojet, a Veralto company, is a world leader in the product identification market, providing in-line printing, coding and marking products, consumables, and software solutions. Videojet's technologies play a critical role in ensuring the safety and authenticity of products sold across the globe in the food, beverage, pharmaceutical, and industrial marketplaces. As part of the Videojet team and the broader Veralto network, you’ll work with products that make an everyday impact on the world around you. We are currently seeking a dynamic individual to join our team as a Global Commodity Manager. This pivotal position involves the development and execution of commodity strategy, strategically sourcing components to achieve lowest total cost of ownership, and supporting ongoing initiatives that reduce risk and increase value for the customer. This role is based in Wood Dale, IL, requiring a minimum on-site presence of three days per week. If you are passionate about driving efficiency and excellence in procurement and supply chain management, we invite you to join us and contribute to our corporation's continued success.

Requirements

Minimum of 5-7 years in Procurement, Strategic Sourcing, or Supply Chain Management.
BS degree in Business Administration, Engineering, Supply Chain Management, or similar discipline
Demonstrated project management experience.
Financial acumen and demonstrated aptitude in analytics and decision-making.
Ability to travel when required.

Responsibilities

Manage overall responsibility of material spend between $40M-$50M used in production of Videojet for fluids, Dyes, solvents, additives, packaging, blow mold, injection mold thermal transfer ribbons.
Develop, negotiate, and complete contracts/agreements with suppliers that minimize TCO, improve quality, minimize supply risk, and assure on-time delivery.
Develop an in-depth knowledge of chemical commodities, global supply markets, new technologies, supply landscape and pricing trends.
Build and lead a pipeline of PPV/VAVE projects by conducting cross functional workshops throughout Videojet Technologies Inc. and help implement them.
Develop and implement working capital turns improvement programs including payment terms extension, inventory reduction, lead time reduction, Consignment and 3PL
Prepare and conduct RFQ/RFQ’s and analyze quotes, including conducting e-auctions as needed.
Conduct, analyze and perform cost break down analysis to support negotiations, to result in best overall cost and commercial terms.
Provide support to manufacturing locations for supplier performance issues related to quality and delivery.
Deliver measurable and auditable results in policy deployment targets and key performance indicators.
Stay up to date with regulatory requirements.