Regional Commodity Manager

GalloupGrand Rapids, MI
20d

About The Position

Reporting to the General Manager and collaborating closely with the Vice President of Strategic Partnerships and Purchasing and Pricing Manager, the Regional Commodity Manager is responsible for supporting the company's growth and profitability goals through strategic procurement and market analysis. This role also involves significant support to the sales team and ownership of relationships with commodity partners, positioning it as a key sales and supplier engagement role.

Requirements

  • 3 years of experience in electrical distribution or related industry, inside sales, outside sales or commodity management
  • High school diploma or GED
  • Ability to use standard office equipment, proficient with Microsoft Office products, especially Excel; strong analytical skills; understand how inventory calculations work; understand inventory forecasting and modeling; strong understanding of commodities markets
  • Excellent communication and negotiation skills; ability to multi-task and shift priorities as needed; ability to work in fast-paced, continuously evolving, and at times ambiguous environment; ability to prioritize, document processes and track progress
  • Self-motivated; ability to work collaboratively with the entire organization
  • Strong written and verbal communication skills; ability to communicate well with all levels of the organization; manage supplier relationships within territory
  • Ability to see, talk and hear
  • Ability to sit for 8 hours a day
  • Must be able to travel up to 30%

Nice To Haves

  • 3 years of experience in commodity management
  • Bachelor’s degree or equivalent work experience

Responsibilities

  • Engage with account managers and/or sales managers to develop strategies for winning large projects
  • Develop and maintain positive relationships with vendors and regional rep agencies
  • Develop procurement strategies for electrical commodities
  • Negotiate the best possible price and terms with suppliers
  • Oversee inventory levels to prevent shortages and excesses
  • Review inventory turns and surplus, making order point adjustments as needed
  • Conduct market research to stay updated on industry trends and pricing fluctuations
  • Collaborate with internal teams to understand supply needs and ensure seamless procurement processes with purchasing
  • Interact with sales managers and territory/location managers to understand specific market trends and dynamics and develop local strategies to profitably grow the business
  • Support the sales team with product information, pricing, and availability
  • Engage with customers to understand their needs and provide solutions
  • Assist in forecasting sales trends to ensure adequate inventory levels
  • Participate in promotional activities to showcase products and generate sales leads
  • Analyze key vendor performance and develop strategies for improving category health
  • Ensure proactive cost competitiveness and analyze forward buy opportunities
  • Track performance for manufacturer incentive programs and create cross-reference tables for strategic vendors and products
  • Develop and track KPIs and report quarterly results and trends to team
  • Provide technical solutions to account managers and support various vendor and industry events
  • Perform other duties as assigned
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