Commodity Manager

Forgent Power Solutions, Inc.; Hanover (MD); On-site; USD 120,000 - 140,000; Full time

Job summary

Forgent Power Solutions, Inc. in Maryland is seeking a Commodities Manager to develop sourcing strategies across assigned commodity categories, manage supplier relationships, and mitigate cost and supply risk.

You will lead market analysis, negotiate contracts, partner with engineering and finance, and drive cost reduction while ensuring quality and regulatory compliance. Up to 50% travel; ERP systems like SAP/Oracle familiarity required.

Qualifications

• 7+ years of experience in commodity management, strategic sourcing, or procurement.
• Bachelor's degree in Supply Chain Management, Business, Engineering, or related field.
• Strong negotiation and contract management skills.
• Experience with ERP/procurement systems (e.g., SAP, Oracle) and spend analytics tools.
• Solid understanding of market analysis, cost modeling, and total cost of ownership.

Responsibilities

• Monitor, prepare and present commodity markets analysis, pricing trends, and supply/demand dynamics to anticipate risk and identify cost-saving opportunities.
• Lead supplier selection, qualification, and contract negotiations, including pricing, terms, and service-level agreements.
• Manage ongoing supplier performance through scorecards covering quality, delivery, cost, and responsiveness.
• Build and maintain a diversified, resilient supplier base to reduce single-source and geopolitical risk.
• Partner with engineering, operations, and finance teams to forecast demand and align procurement plans.
• Drive cost reduction and value engineering initiatives without compromising quality or supply continuity.

Skills

Negotiation

Contract management

Data analysis

Cross-functional collaboration

Communication

Education

Bachelor's degree in Supply Chain Management, Business, Engineering, or related field

Tools

SAP

Oracle

Job description

Position Summary

The Commodities Manager is responsible for developing and executing sourcing strategies for assigned commodity categories, managing supplier relationships, and mitigating cost and supply risk across the organization. This role combines market analysis, negotiation, and cross-functional collaboration to ensure reliable, cost-effective, and quality-compliant supply of materials.

Key Responsibilities

• Monitor, prepare and present commodity markets analysis, pricing trends, and supply/demand dynamics to anticipate risk and identify cost-saving opportunities
• Lead supplier selection, qualification, and contract negotiations, including pricing, terms, and service-level agreements
• Manage ongoing supplier performance through scorecards covering quality, delivery, cost, and responsiveness
• Build and maintain a diversified, resilient supplier base to reduce single-source and geopolitical risk
• Partner with engineering, operations, and finance teams to forecast demand and align procurement plans
• Drive cost reduction and value engineering initiatives without compromising quality or supply continuity
• Manage hedging or forward-buying strategies where applicable for volatile commodities
• Ensure compliance with company policies, ethical sourcing standards, and relevant trade regulations
• Support new product introduction (NPI) by sourcing materials early in the design cycle
• Resolve supply disruptions, quality issues, and contract disputes in a timely manner

Required

• Bachelor's degree in Supply Chain Management, Business, Engineering, or related field
• 7+ years of experience in commodity management, strategic sourcing, or procurement
• Strong negotiation and contract management skills
• Strong Data Center Industry Experience
• Experience with ERP/procurement systems (e.g., SAP, Oracle) and spend analytics tools
• Solid understanding of market analysis, cost modeling, and total cost of ownership
• Excellent communication and cross-functional collaboration skills

Preferred

• Master's degree or MBA
• Professional certification (ISM, CPSM, CSCP, or similar)
• Experience in indirect Categories, electronics, metals, energy commodities

Core Competencies & Behaviors

Highlight key values expected of all Forgent Power team members: safety, quality, continuous improvement, collaboration, accountability, and customer focus.

• Analytical and data-driven decision-making
• Strategic thinking with attention to execution detail
• Risk management and problem-solving under pressure
• Strong relationship management with internal stakeholders and external suppliers
• Adaptable and Resilient in fast-changing market condition
• Ability to work autonomously with strong ownership, discipline and accountability
• Proactively driving outcomes with stakeholder groups to achieve deliverables

Familiarity with international trade, tariffs, and import/export regulations

The typical work environment is a standard office setting. The employee is frequently required to perform work in a manufacturing environment. Frequently required to sit for extended periods of time at computer.

Up to 50% travel for site based role, 75% for remote team members.

Performance Metrics Categories

• Spend Under Management
• OTD/OTIF
• Savings and Productivity
• Quality
• Safety
• Replenishment and Lead-Time
• Supplier Rationalization
• Innovation and Continuous Improvement

The statements above are intended to describe the general nature and level of work being performed. They are not an exhaustive list of all responsibilities, duties, or skills required. Forgent Power reserves the right to modify, interpret, or apply this job description as needed.

Forgent Power is an equal opportunity employer. We are committed to creating an inclusive environment for all employees. Employment decisions are made without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other protected class.

Salary Description

$120,000 - $140,000