Commodity Manager – Polymer

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

📋 Description

• Formulate and execute short, medium, and long-term strategies for the category.

• Comprehend market dynamics, cost factors, and supply chain risks.

• Monitor and evaluate relevant commodity indices to guide pricing strategies, supplier negotiations, and future cost visibility.

• Direct sourcing decisions that align with business needs and technical specifications.

• Maintain a clear roadmap for supplier segmentation and sourcing.

• Lead all commercial negotiations, encompassing pricing, payment terms, and contractual safeguards.

• Ensure that all suppliers function within stringent contractual frameworks (Genuit T&Cs / agreements).

• Promote enhancements in total cost of ownership beyond mere pricing.

• Oversee contract lifecycle management, including renewals and re-tendering processes.

• Build and manage strategic relationships with suppliers.

• Establish a structured supplier performance management system (Quality, Cost, Delivery - QCD).

• Conduct supplier evaluations, improvement initiatives, and escalations when necessary.

• Discover and integrate alternative suppliers to minimize dependency and risk.

• Identify and address supply, financial, and operational risks.

• Ensure a reliable supply across all locations.

• Create contingency plans for key suppliers and commodities.

• Monitor market fluctuations (e.g., raw materials, logistics, capacity constraints).

• Serve as the commercial lead across multiple locations.

• Influence senior stakeholders (Operations, Finance, Engineering, Senior Leadership Team).

• Challenge demand, specifications, and sourcing methodologies as appropriate.

• Ensure adherence to procurement processes and governance.

• Achieve established KPIs: - Cost savings / cost avoidance - Payment term enhancements - Supplier performance - Contract coverage - Provide transparent reporting and insights on category performance.

• Identify and implement process improvements and efficiencies.

• Support standardization efforts across various sites and categories.

• Contribute to overarching procurement strategy and transformation initiatives.

⛳️ Requirements

• Demonstrated experience in commodity or category management within a manufacturing setting.

• Proven track record in commercial negotiations and contract management, delivering value while mitigating risks.

• Experience in managing spending portfolios across multiple sites or regions.

• Exposure to intricate supply chains and critical materials or services.

• Strong commercial insight with the ability to formulate and implement effective sourcing strategies.

• Solid grasp of procurement and supply chain principles.

• Good understanding of contract law and commercial frameworks, including the negotiation and management of supplier agreements.

• Analytical mindset capable of interpreting cost drivers and market trends.

• Familiarity with manufacturing processes and cost structures.

• Ability to influence and nurture relationships within a matrix organization without direct authority.

• Excellent stakeholder management and communication abilities.

• Proven capability to juggle multiple priorities and achieve results in a dynamic environment.

• High degree of autonomy with robust decision-making skills.

• Familiarity with ERP/MRP systems (IFS preferred).

• Willingness to travel across various UK and international locations.

• Highly motivated, self-driven, and results-focused.

🏝️ Benefits

• Health insurance

• Retirement plans

• Paid time off

• Flexible work arrangements

• Professional development