Commodity Global Manager

About the Role

JOB TITLE: GLOBAL COMMODITY MANAGER

Responsibilities

• Develop and execute cross functionally aligned global sourcing strategies for assigned commodities within the scope of authority and consistent with the objectives, policies. The strategies should balance short-term and long-term objectives and business priorities to achieve performance goals relating to quality, total cost, and material or service availability.
• Set annual commodity management goals with regular updates on progress. Effectively communicate global commodity market information to the organization.
• Understand organization needs for alternate materials / suppliers. Investigate alternates and make recommendations consistent with corporate and divisional goals.
• Conduct research on market dynamics, cost drivers, supplier business models, and historical spend to enhance negotiations for assigned categories and contracts.
• Evaluate existing and new suppliers for applicable capabilities, quality systems, management and financial stability, cost competitiveness, responsiveness, collaboration, and innovation. Identify opportunities to access supplier technologies.
• Demonstrate supplier proficiencies through core competency management.
• Measure and manage commodity and supplier performance using key measures and regularly communicate to key suppliers.
• Manage the entire lifecycle of sourcing & procurement projects, working closely with suppliers and internal customers from planning & bid preparation to budget / forecasting, general delivery specs, negotiation, contracting, invoicing, and reporting consistent with policies and objectives.
• Must be able to understand demand and supply constraints of commodities, taking into