Commodity Manager

Arrow Electronics; Massachusetts; Remote; USD 92,000 - 153,000; Full time

Job summary

A technology company is seeking a Commodity Manager responsible for optimizing procurement strategies for computing technology commodities. The ideal candidate will have a Bachelor's degree, 3-5 years of experience in supply chain management, strong negotiation skills, and the ability to analyze market trends. This is a fully remote position with competitive financial compensation and benefits.

Benefits

Medical, Dental, Vision Insurance

401k with Matching Contributions

Short-Term/Long-Term Disability Insurance

Health Savings Account Options

Paid Time Off

Tuition Reimbursement

Growth Opportunities

Qualifications

• 3-5 years of experience in commodity purchasing or supply chain management.
• Ability to work independently and collaboratively in a fast-paced environment.
• Knowledge of market conditions and trends in relevant commodities.

Responsibilities

• Develop and implement procurement strategies for designated commodities.
• Monitor and analyze market trends and pricing fluctuations.
• Establish and maintain relationships with suppliers and negotiate contracts.
• Identify cost-saving opportunities and improve processes.
• Collaborate with inventory management teams.

Skills

Negotiation skills

Analytical skills

Supplier relationship management

Problem-solving abilities

Communication skills

Education

Bachelor’s degree in supply chain management or a related field

Tools

Procurement software

Job description

Overview

Position: Commodity Manager

The Commodity Manager is part of Arrow Intelligent Solutions (AIS) and will be responsible for managing and optimizing our procurement strategy for designated computing technology commodities such as data storage, memory, processing, networking, and related technologies. This role involves analyzing market trends, negotiating with suppliers, and ensuring the efficient supply of materials at the best possible cost. The ideal candidate will have a strong background in supply chain management, excellent analytical skills, and the ability to build effective supplier relationships.

What You Will Be Doing

• Procurement Strategy: Develop and implement strategies for the procurement of designated commodities to meet company objectives.

• Market Analysis: Monitor and analyze market trends, supply chain risks, and pricing fluctuations to make informed procurement decisions.

• Supplier Management: Establish and maintain strong relationships with suppliers, negotiate contracts, and ensure compliance with terms and conditions.

• Cost Optimization: Identify opportunities for cost savings and process improvements within the supply chain.

• Inventory Management: Collaborate with inventory management teams to ensure the timely and cost-effective delivery of materials.

• Risk Management: Identify and mitigate risks related to commodity supply, including developing contingency plans.

• Reporting and Analysis:

• Preparing regular reports on procurement activities, supplier performance, cost savings, and market trends; using data to inform decision-making and strategy adjustments

• Performance Metrics: Track and report on key performance indicators (KPIs) related to commodity procurement.

• Cross-functional Collaboration: Work closely with other departments, including production, finance, and quality assurance, to align procurement strategies with overall business goals.

• Note: This job profile requires assignment and participation in a sales compensation plan with a 70/30 split.

What We Are Looking For

• Bachelor’s degree in supply chain management, Business Administration, or a related field.

• Minimum of 3-5 years of experience in commodity purchasing or supply chain management.

• Strong negotiation and contract management skills.

• Excellent analytical and problem-solving abilities.

• Proficiency in procurement software and tools.

• Effective communication and interpersonal skills.

• Ability to work independently and collaboratively in a fast-paced environment.

• Knowledge of market conditions and trends in relevant commodities.

Work Arrangement

Work Arrangement: Fully Remote. Must be able to travel to an Arrow office location as requested by Arrow leadership.

What’s In It For You

At Arrow, we recognize that financial rewards and great benefits are important aspects of an ideal job. That’s why we offer competitive financial compensation, including various compensation plans and a solid benefits package.

• Medical, Dental, Vision Insurance

• 401k, With Matching Contributions

• Short-Term/Long-Term Disability Insurance

• Health Savings Account (HSA)/Health Reimbursement Account (HRA) Options

• Paid Time Off (including sick, holiday, vacation, etc.)

• Tuition Reimbursement

• Growth Opportunities

Annual Hiring Range/Hourly Rate: $92,000.00 - $152,431.62

Actual compensation offer to candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level. The pay ratio between base pay and target incentive (if applicable) will be finalized at offer.

Location: US-AZ-Arizona (Remote Employees). Remote work employees may be required to be present at the closest designated Arrow office for work-related purposes, at the Company’s request and sole discretion.

Time Type: Full time

Job Category: Sales

EEO Statement: Arrow is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, gender, age, sexual orientation, gender identity, national origin, veteran or disability status. We anticipate this requisition will be open for a minimum of five days, though it may be open for a longer period of time. We encourage your prompt application.

In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.