Job Overview
Commodity managers play a pivotal role in capturing and analyzing requirements from cross-functional teams, including engineering, operations, and quality. They develop comprehensive strategies to negotiate with suppliers, analyze value, and drive productivity through price optimization and continuous improvement initiatives.
Key Responsibilities
* Develop and execute commodity strategies that align with business objectives.
* Engage with stakeholders to identify and capture commodity requirements.
* Negotiate supplier contracts, manage compliance, and select the best procurement options.
* Drive commodity productivity through price analysis and value creation.
* Support supplier relationship management, quarterly reviews, and risk mitigation.
* Forecast and report on commodity inflation, identifying opportunities for cost reduction.