POSITION SUMMARY:
The Commodity Manager is responsible for developing and executing procurement strategies for specific commodities, ensuring cost-effective sourcing while maintaining quality and supplier relationships. This role involves analyzing market trends, negotiating contracts, managing supplier performance, and collaborating with internal teams to optimize supply chain operations.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Develop and implement procurement strategies for assigned commodities to achieve cost savings and supply chain efficiency.
- Identify, evaluate, and manage relationships with key suppliers to ensure quality, reliability, and cost-effectiveness.
- Negotiate pricing, contracts, and terms with suppliers to secure the best possible agreements while maintaining long-term partnerships.
- Monitor industry trends, commodity pricing, and supply risks to anticipate changes and adjust strategies accordingly.
- Drive cost savings initiatives through supplier consolidation, value engineering, and process improvements.
- Work closely with internal stakeholders (e.g., engineering, quality teams) to ensure suppliers meet required specifications and quality standards.
- Identify potential risks in the supply chain and develop mitigation strategies to prevent disruptions.
- Facilitate the onboarding of new suppliers within the assigned commodity while strategically managing supplier transitions and exits to optimize the supply base.
- Ensure sourcing activities comply with company policies, ethical standards, and sustainability initiatives.
- Track supplier performance using KPIs and conduct regular business reviews to drive continuous improvement.
- Partner with cross-functional teams, including logistics, production, and finance, to align procurement strategies with business objectives.
- All other duties as assigned.
EDUCATION, QUALIFICATIONS, SKILLS & ABILITIES:
- Bachelor's degree in Supply Chain Management, Business, Engineering, or related field (Master's preferred).
- 5+ years of experience in procurement, sourcing, or supply chain management.
- Strong negotiation and contract management skills.
- Knowledge of global supply markets and commodity pricing trends.
- Proficiency in procurement software and ERP systems (e.g., SAP, Oracle).
- Excellent analytical and problem-solving abilities.
- Strong communication and interpersonal skills for supplier and internal stakeholder management.
- Ability to manage multiple projects.
Pay Range:
$75,000 - $100,000
Additional Benefits and Company Culture:
Includes health benefits, 401(k), paid time off, holidays, and more. Our company culture emphasizes proactive supply chain solutions, prompt service, and comprehensive support from design to ongoing analysis.
Why Wurth:
- Maternity/Paternity leave after 1 year of service
- Tuition Reimbursement after 1 year
- Health benefits including medical, vision, dental, and life insurance
- Additional benefits: 401(k), disability insurance
- Paid Time Off and holidays
Learn More About Our Culture:
- LinkedIn: https://www.linkedin.com/company/wurth-industry-usa
- Facebook: https://www.facebook.com/WurthIndustry
- YouTube: https://www.youtube.com/@WurthIndustryUSA
EEOC Statement:
Wurth Industry North America is an Equal Opportunity Employer. We consider all qualified applicants without regard to personal characteristics protected by law, including race, gender, age, and others. We also consider qualified applicants with criminal histories in a manner consistent with applicable laws.