Product Manager - Commodities

Sonepar USA • Woburn, MA

90d • $75,000 - $100,000

About The Position

Electrical Supply Center/NorthEast Electrical is seeking a full-time Product Manager - Commodities to join our team in Woburn, MA! A career at ESC/NorthEast Electrical is more than a job. You're investing in a brighter, more sustainable future together and joining a team that makes a real difference for our customers. ESC/NorthEast Electrical offers electrical products and services to contractors. If it helps bring electricity to an office, home, factory or other building - you can find it here. We operate throughout the Northeast and are part of the Sonepar group, the world's #1 electrical distributor with over 45,000 associates around the globe. The Product Manager is responsible for sourcing and negotiating commodity materials for lowest acquisition cost to produce maximum profitability as a result. Comparing costs, negotiating purchase agreements, and developing inventory controls to identify demand for new materials. Works closely with sales leaders on large projects.

Requirements

• Bachelor's degree in business administration, finance, supply chain management, engineering or closely related field is required.
• MBA is preferred.
• 10+ years of industry-related experience, including at least three years of upper-level management.

Nice To Haves

• Committed to product knowledge and can demonstrate mastery of materials.
• An eye on continuous improvement and attention to detail.
• Comfortable with negotiation and decision making.
• Assertive and clear style of communication with conflict resolution skills.
• A willingness to continue to develop and foster product pipelines.
• Can partner with and collaborate with others when necessary.
• Extensive knowledge of the industry, including regulations.
• Data driven and the ability to comprehend and analyze complex business strategies.
• Ability to build relationships with employees from all levels of the company.
• Leadership and problem-solving acumen.

Responsibilities

• Manage and maintain an assigned inventory investment to within desired goals for service levels, and gross margin return on investment.
• Identifies, proposes, and implements new Commodity strategies.
• Purchase and negotiate materials, equipment and supplies from vendors.
• Collaborates with executive leaders and other departments to carry out the goals and objectives of the organization.
• Negotiates over 100M in spend.
• Works with Sales on new products, dead stock and defective material.
• Driven to reduce COGS in all opportunities.
• Cost savings and year end rebate KPI driven.
• Provide periodic performance reviews to other leadership.
• Stay up to date on new trends and technologies in the field.
• Establish and maintain vendor files with specific details.
• Participate in various marketing-related functions that support Sales.
• Develop and maintain business relationships with assigned vendors and utilize those relationships to benefit Purchasing and Sales personnel.
• Perform other related duties as required or requested by Manager.

Benefits

• Healthcare plans
• Dental & vision
• Paid time off
• Paid parental leave
• Professional and personal development programs
• Associate Discounts
• Tuition Reimbursement
• Opportunity to become a shareholder
• Employer-paid short- and long-term disability
• Employer-paid life insurance for spouse and dependents
• Robust wellness program
• Gym reimbursement
• Employee Assistance Program (EAP)

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Merchant Wholesalers, Durable Goods
• Education Level: Bachelor's degree