Senior Commodity Manager (Manufacturing - Motors, Mechanical, NPD)

Ryko Solutions Inc•Frisco, TX

39d•Onsite

About The Position

As a Senior Commodity Manager, reporting into the Director - Global Sourcing, you will lead commodity management initiatives to support our growing business demands and organizational goals. This person will be responsible for developing and executing multiple commodity strategies in accordance with sourcing productivity, supplier management, inventory management between suppliers and NCS manufacturing sites, supply replenishment, and product innovation. This role will work out of the Frisco, TX location.

Requirements

Bachelor's degree in supply chain management, business, operations or another related field preferred.
Minimum of 7 years of experience working in supply chain (management) and/or commodity management for a manufacturing company (preferred). This experience should include supplier and category management in addition to cost savings productivity in support of a multi-site manufacturing environment.
Proficient/experience with a common purchasing system/ERP preferred.
Experience with contract negotiations, Master Service Agreements, etc.
Knowledge/experience with cost reduction initiatives and execution.
Must have general working knowledge of strategic sourcing initiatives including spend analysis, strategy formulation, contract negotiations, strategic supplier relationship management.
Willing to travel at least 10-15%.
Strong competency within MS Office (specifically Excel and Access).
Knowledge of basic accounting practices.
Demonstrated understanding and use of software and analytics to manipulate, analyze and interpret data.
Able to work and communicate cross-functionally with engineering, manufacturing and operations, quality, accounting, etc.
Excellent written/verbal communication skills.
Strong organizational and time management skills.
Ability to identify, manage and lead business improvement projects.
Ability to travel with overnight stays.
Maintain a satisfactory attendance record.
Comply with company rules, policies and decisions.

Nice To Haves

CPSM/CPM certification and/or APICS certification is a plus.

Responsibilities

Responsible for developing and implementing commodity strategies for all assigned commodities, generating tangible cost savings, supplier management in core KPI's of delivery, cost, and quality; utilization of eAuction platform, working capital improvement (e.g. payment terms improvement, consignment, stock & hold), savings ideation, VAVE, inflation mitigation - all for the assigned commodities of Motors; Compressors; Wash systems; Fans; Blowers; and managing New Product Development.
Manage cost reduction projects by assembling a project team, establishing project timelines, and recording savings projections & actuals.
Comply with engineering change management by completion of pre-work (review specifications, request samples, testing) and submission of ECRs for project work.
Create and manage master supply, stocking, consignment agreements with suppliers.
Conducts regular supplier Quarterly Business reviews with other key stakeholders.
Manages new supplier qualification process, engages cross-functional team members as necessary.
Serve as the escalation point of supplier quality and delivery issues at the business units. Champion the creation of improvement/resolution plans.
Assist in mitigating risks associated with assigned commodities: single sources, price increases, poor quality, late deliveries, and product safety.
Provides analysis/input on product sourcing decisions relating to product development.
Develops tools to support sourcing initiatives (eRFX, eAuction, inclusive of RFQs, RFPs, etc.).
Conducts regular commodity benchmarking.
Supports other organizational initiatives as a Subject Matter Expert.
Interact strategically and tactically with manufacturing site leaders and supply management managers on critical supply activities.
Create established quarterly objectives and track progress toward completion in the performance management (OKR) system.
Weekly reporting on progress towards objectives and project work.
Responsible for knowing and complying with company policies and procedures. Keeps the Vice President of Supply Management informed of all significant problems, progress and difficulties pertaining to the Supply Base Managers area of responsibility.
Comply with all applicable OSHA, EPA, local regulatory laws, and company safety policies. Stay up to date on required trainings.
Management retains the discretion to add or change the duties of this position at any time.