Commodity Manager, Electronics

IDEX; Shelby (NC); On-site; USD 90,000 - 130,000; Full time

Job summary

IDEX is seeking a Commodity Manager, Electronics to lead supplier relationships, component procurement (PCBs, controllers) and inventory support for our Akron Brass, Weldon, and Fire & Safety groups.

You will research markets, forecast demand, assess financial risk, and negotiate pricing to secure best value while reducing supply base complexity. This role requires cross-functional collaboration with engineering, sourcing and manufacturing teams and up to 25% travel.

Qualifications

• Bachelor’s degree in Business, Economics, or related field preferred.
• 5+ years in a electronics commodities role or similar.

Responsibilities

• Develops and maintains relationships with suppliers and contract manufacturers.
• Seeks out, identifies and qualifies new electronics and contract manufacturing suppliers.
• Oversees and maintains inventories for all electronic components.
• Researches, analyzes, and forecasts current and future electronics buying trends and markets.
• Assesses financial risks of purchases regarding excess or PPV control.
• Works and negotiates with suppliers to ensure market pricing for the business unit(s).
• Understand current market conditions, Geo-political environment and incorporate into commodity strategies to effectively mitigate supply chain risk.
• Utilizes 80/20 mindset to establish strategies and reduce supply base complexity for assigned commodities; leading project teams to reduce product complexity.

Skills

Supplier relationship management

Negotiation

Market analysis

Inventory management

Cross-functional collaboration

Education

Bachelor’s degree in Business, Economics, or related field

Job description

If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses around the globe, chances are, we have something special for you.SUMMARY OF JOB RESPONSIBILITIES:The Commodity Manager, Electronics will be responsible for electronics supplier management, components purchasing and inventory to support both the Akron Brass, Weldon, and Fire & Safety Group businesses as required.REPORTS TO (Title): Director of Supply ChainESSENTIAL DUTIES AND RESPONSIBILITIES:Develops and maintains relationships with suppliers and contract manufacturersSeeks out, identifies and qualifies new electronics and contract manufacturing suppliersOversees and maintains inventories for all electronic componentsResearches, analyzes, and forecasts current and future electronics buying trends and marketsAssesses financial risks of purchases regarding excess or PPV controlWorks and negotiates with suppliers to ensure market pricing for the business unit(s)Understand current market conditions, Geo-political environment and incorporate into commodity strategies to effectively mitigate supply chain risk.Utilizes 80/20 mindset to establish strategies and reduce supply base complexity for assigned commodities. This also includes identifying opportunities for product complexity reduction and leading project teams to do soKNOWLEDGE, SKILLS AND REQUIRED ABILITIES:Required experience in identifying and developing new electronics suppliers, buying electronic components (PCBs, controllers) and turnkey electronics products through contract manufacturersExcellent interpersonal and negotiation skillsExcellent organizational skills and attention to detailStrong analytical and problem-solving skillsAbility to function well in a high-paced environmentEDUCATION AND EXPERIENCE:Bachelor’s degree in Business, Economics, or related field preferred.5+ years in a prior electronics commodities' role or similarWORK ENVIRONMENT:25% travel.Perform general office functions.Visual acuity required for close detail work and computer use.General manufacturing, warehouse, and office environment.The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?IDEX is an Equal Opportunity Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws.Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at [e-mail] for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application.