Commodity and Sourcing Manager

Position Summary:

Executes commodity strategy for sourcing metals and forgings to identify cost savings opportunities with both internal and external partners.

Primary Duties & Responsibilities:

• Commercial relationship / management for all suppliers of raw material, including steel, aluminum and titanium
• Must negotiate, manage and maintain active contracts to achieve cost-savings, ensure continuity of supply and resolve commercial disputes between sites and suppliers
• Must be able to monitor market trends, including price fluctuations and potential disruptions, to ensure consistent and timely supply
• Drive material cost optimization initiatives through design, competitive leverage, insourcing/outsourcing, process improvements, low-cost country potential
• Build the organization’s competitive position through continuous improvement in cost, supplier value, and quality
• Be the primary relationship owner with key suppliers, actively manage all aspects of the supplier relationship
• Initiate supplier selection that leads to sourcing decisions with lowest total landed cost, required quality levels with minimum level of risk
• Enlist supplier involvement in developing joint process improvements/solutions to reduce total material cost
• Actively support new product development teams, technical commodity reviews
• Interact with Engineering to track new initiatives, programs and new technology
• Performs purchasing function – RFP and work transfers. Evaluate supplier quotes and services to determine most desirable suppliers
• Travel as necessary (25-30%)

Required Skills:

• Ability to manage multiple priorities and tasks simultaneously required
• Demonstrated track record of cost reduction is required
• Project management experience is a plus
• Negotiation skills, cost modeling experience is required
• Strong written and verbal communications skills required

Experience & Education

• Degree in Business, Supply Chain Management, Engineering, Finance or other analytical discipline is preferred
• Commodity management, sourcing experience required (8-10 years minimum)
• Minimum five (5) years of experience in manufacturing operations environment
• Minimum three (3) experience with metals sourcing