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Commodity Manager

CPS, Inc.

Bolingbrook (IL)

On-site

USD 62,000 - 72,000

Full time

4 days ago
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Job summary

A global leading manufacturing company near Bolingbrook, IL is seeking a Commodity Manager to lead material cost optimization and supplier relationship management. The role focuses on cost reduction and strategic sourcing, requiring strong negotiation skills and procurement experience.

Benefits

Full benefits
PTO

Qualifications

  • 5+ years of procurement experience.
  • Automotive manufacturing or transportation experience required.

Responsibilities

  • Drive cost-saving initiatives for assigned materials.
  • Develop and maintain supplier relationships.
  • Monitor market trends for cost-effective sourcing.

Skills

Negotiation
Organizational Skills

Job description

2 weeks ago Be among the first 25 applicants

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My client, a global leading manufacturing company near Bolingbrook, IL is seeking a Commodity Manager to join their dynamic team.

Position Title: Commodity Manager

Location: Near Bolingbrook, IL

Role Overview:

This position leads material cost optimization and supplier relationship management for assigned commodities, focusing on cost reduction and strategic sourcing.

Key Responsibilities:

  • Drive cost-saving initiatives for assigned materials and recommend value-added alternatives.
  • Develop and maintain supplier relationships, ensuring effective contractual agreements.
  • Monitor market trends and identify cost-effective sourcing opportunities.
  • Collaborate on make vs. buy decisions and cross-functional cost-reduction projects.
  • Manage risk mitigation projects and oversee warranty recovery for assigned materials.
  • Support engineering with purchasing aspects of product changes, including cost negotiations.
  • Maintain pricing agreements, resolve invoice discrepancies, and manage price variances.
  • Ensure timely material supply to production facilities.

Qualifications:

  • 5+ years of procurement experience.
  • Strong negotiation and organizational skills.
  • Automotive manufacturing or transportation experience required.
  • Experience procuring metals, plastics, or automotive parts.

**This position is onsite 5 days per week. Remote or hybrid are not offered.

Full benefits

PTO

Seniority level
  • Seniority level
    Not Applicable
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Supply Chain
  • Industries
    Staffing and Recruiting

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