Sr. Commodity Manager

Allegion•Carmel, IN

About The Position

The Sr. Commodity Manager, Direct Material, Mechanical, is responsible for the financial and operational performance of assigned direct material categories. Reporting to the Strategic Sourcing Manager – Direct Material, Mechanical, the role communicates market conditions and financial impacts to Allegion leadership, develops global sourcing strategies with regional business leaders, and leads supplier selection and performance for cost, quality, and delivery. The position also develops strategic sourcing capabilities and a sub-tier supply management framework. It may include direct reports and requires up to 30% international travel.

Requirements

Bachelor’s degree in Business Administration, Supply Chain, Operations, Engineering, or a related field.
10–12 years of increasing responsibility in Strategic Sourcing, Materials Management, Operations, Quality, Engineering, or a related field, including supervisory experience.
Ability to travel internationally up to 30%.
Proficiency with Microsoft Office, particularly Excel, including pivot tables and macros, and PowerPoint.
Strong business acumen and analytical thinking.
Supplier management and contract negotiation experience.
Excellent communication skills and ability to collaborate with and influence people at all levels of the organization.
Strategic thinking and demonstrated experience driving complex strategies and projects.
Experience managing multiple mechanical commodities and/or associated complex assignments.
Understanding of supply chain management and strategic sourcing best practices.
Working knowledge of intellectual property, indemnification, and liability contract language.

Nice To Haves

Experience developing and managing a global supply base.
Experience with supply chain tools such as ERP and GEP.

Responsibilities

Negotiate and determine competitive sourcing solutions.
Meet productivity and inflation targets and mitigate inflation impacts.
Develop a detailed understanding of assigned categories and associated raw material markets.
Develop, implement, and communicate comprehensive sourcing strategies throughout the organization.
Communicate market conditions and financial impacts to Finance Leadership and senior management.
Consult with regional business leaders to develop global strategies supporting Allegion’s requirements.
Lead supplier selection and manage supplier performance related to cost, quality, and delivery.
Address supplier performance issues promptly and manage complex commercial relationships.
Ensure quality requirements and corrective actions are implemented promptly when failures are reported.
Execute contractual agreements with key and preferred suppliers.
Collaborate with Legal to create contract terms and conditions that protect Allegion’s interests.
Align cross-functional teams to implement strategies across multiple locations and regions.
Construct value stream maps and use financial modeling techniques.
Lead cost-reduction sessions with internal and external stakeholders to eliminate non-value-added activities.
Conduct regular Supplier Business Reviews with key suppliers.
Develop should-cost and Total Cost of Ownership models, including non-monetary benefits.
Mentor and teach procurement concepts.
Lead the development of a sub-tier supply management framework and mature strategic sourcing capabilities.

Benefits

Health, dental, and vision insurance
Competitive paid time off
401(k) plan with a 6% company match and no vesting period
Health Savings Accounts
Flexible Spending Accounts for healthcare and/or dependent daycare expenses
Company-paid short-term and long-term disability insurance
Term life insurance with the option to purchase supplemental coverage
Tuition reimbursement
Voluntary wellness program with monetary rewards for completing wellness activities
Employee discounts through Perks at Work
Community involvement and opportunities to give back
Professional development opportunities, including CliftonStrengths assessment and coaching