Commodity Manager

This is a fully remote position, open to applicants in United States.

📋 Description

• Develops vendor selection strategies, oversees contract management, and continuously monitors to enhance collaboration and minimize risks.

• Drafts, initiates, manages, and successfully concludes RFPs for all new suppliers or services.

• Evaluates and consolidates existing suppliers within a designated commodity, ensuring inactive suppliers are deactivated, redundancies eliminated, and seeks opportunities to consolidate suppliers offering similar goods or services.

• Ensures all supplier contracts are uploaded to the database with essential terms recorded for reporting purposes.

• Leads, negotiates, and finalizes all new and renewal supplier agreements.

• Monitors all contract negotiations and archives generated contracts in the designated database.

• Acts as an internal and external escalation point for all inquiries and issues related to suppliers.

• Assesses supplier and vendor performance against established cost savings and cost avoidance targets.

• Observes, tracks, and responds to critical market forecasts and changes in conditions.

• Conducts analyses and reporting on category spending, supplier stratification, and research on supply markets and category industries.

• Builds and nurtures relationships with key business executives, playing a vital role in supporting the implementation of business strategies through advanced procurement initiatives and team alignment.

• Facilitates the entire sourcing process and collaborates closely with clients to select and award contracts to suppliers.

• Exhibits a strategic business perspective, organizational awareness, presents an executive-level demeanor, and manages multiple stakeholder interests concurrently.

• Keeps informed about industry developments, market trends, and regulatory changes that may influence commodity pricing.

• Supports the organization’s quality program(s).

⛳️ Requirements

• Bachelor’s degree in Business, Supply Chain, or Finance from an accredited institution is preferred.

• Relevant certifications such as IIBA, and/or CPM, CIPS, or CPSM are preferred.

• Eight (8) years of related experience or an equivalent combination of education and experience is required.

• Familiarity with P2P platforms and Power BI is preferred.

• Outstanding oral and written communication skills with the capability to present complex topics succinctly to varied audiences.

• Proficient in PC applications, including Microsoft Office products, with a strong foundation in Excel and PowerPoint.

• Strong analytical, interpretive, and storytelling skills when working with data.

• Excellent organizational and time management abilities.

• Exceptional interpersonal skills.

• Strong negotiation capabilities.

• Ability to produce comprehensive, accurate, and constructive written reports.

• Ability to thrive in a team-oriented environment.

• Ability to meet or surpass Performance Competencies.

• Self-assured with the capacity to embrace and respond to challenges positively.

🏝️ Benefits

• Promotes work-life balance.

• Works alongside experienced colleagues.

• Fosters a caring culture.