Commodity and Sourcing Manager (Metals and Forgings)

Precision Castparts; United States; Remote; USD 100,000 - 125,000; Full time

Job summary

An established industry player is seeking a Commodity and Sourcing Manager to execute a strategic sourcing approach for metals and forgings. This role involves managing supplier relationships, negotiating contracts, and driving cost-saving initiatives while ensuring a consistent supply chain. The ideal candidate will possess strong negotiation skills, a proven track record in cost reduction, and the ability to manage multiple priorities effectively. This position offers an exciting opportunity to contribute to the organization’s competitive edge through continuous improvement in supplier value and quality. Join a dynamic team and make a significant impact in a fast-paced environment.

Qualifications

• 8-10 years of commodity management and sourcing experience required.
• Strong negotiation and cost modeling skills are essential.

Responsibilities

• Manage supplier relationships and negotiate contracts for cost savings.
• Monitor market trends and drive material cost optimization initiatives.

Skills

Project management

Negotiation skills

Cost modeling

Written communication

Verbal communication

Ability to manage multiple priorities

Cost reduction

Education

Degree in Business

Degree in Supply Chain Management

Degree in Engineering

Degree in Finance

Job description

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