Commodity Manager - Molding

Pentair; Hanover Park (IL); Hybrid; USD 82,000 - 153,000; Full time

Job summary

An established industry player is seeking a Commodity Manager for its Global Strategic Sourcing team. This role offers the chance to lead strategic sourcing initiatives, manage supplier relationships, and drive productivity improvements in molding processes. You'll partner with key stakeholders to develop sourcing strategies that align with production and new product development goals. With a hybrid work schedule, this position allows for collaboration with passionate professionals dedicated to sustainability and innovation. Join a team that values diverse perspectives and fosters a healthy work-life balance while making a positive impact on the environment.

Benefits

Health Benefits

401(k) Plan

Employee Stock Purchase Program

Disability Benefits

Life Insurance

Tuition Reimbursement

Paid Time Off

Wellness Programs

Qualifications

• 5+ years of strategic sourcing experience with knowledge of procurement principles.
• Bachelor’s degree in Business or Engineering preferred.

Responsibilities

• Develop and deploy sourcing strategies for molding supply chain performance.
• Manage supplier relationships to ensure performance and productivity targets.

Skills

Strategic Sourcing

Negotiation

Supplier Management

Project Implementation

Technical Design Influence

Education

Bachelor’s degree in Business or Engineering

Tools

Supply Chain Management Tools

Job description

Job Description:

At Pentair, you will work alongside passionate problem-solvers who are committed to the future of our planet. We put our purpose into practice, inspiring people to move, improve and enjoy life’s essential resources for happier, healthier lives. From our residential and business water solutions to our sustainable innovations and applications, our 10,500 global employees serve customers in more than 150 countries, working to help improve lives and the environment around the world.

We have an opportunity for a Commodity Manager – Molding to join our Global Strategic Sourcing team. You will manage supplier relationships to ensure strategic alignment and sustainability and oversee suppliers to continuously improve quality, delivery, and price to support supply chain operations. This will include supporting the development of the molding sourcing strategy, developing new suppliers, identifying driving productivity, mitigating supply chain risks, networking with Pentair’s sites to build a strong project funnel, and supporting new product development and value engineering.

This posting is for one position and will work a hybrid work schedule with 1-2 days/week on-site at one of the posted locations.

You will:

• Partner with key stakeholders to create and deploy a sourcing strategy to drive world-class molding supply chain performance, align supply chain commodities and strategy to objectives for sustaining production, new product development and introduction, and research & development activities.
• Create and manage strategic supplier partnerships to ensure continuous performance expectations are met and year-over-year productivity targets are achieved by conducting appropriate supplier management techniques.
• Lead key negotiations and contract development, develop tools for asset management, support strategic sourcing and VAVE initiatives and drive project implementations with functional groups and suppliers.
• Early engage in new product development (NPD) phase, identify, and mitigate supply chain risks, meet target costs, and support new product launch on time.
• Understand tooling quotation process, cost driver in tooling design, molding market and supplier base thoroughly while working closely with Engineering to influence technical design decisions to meet technical capabilities, cost, and business objectives.
• Build partnerships and develop relationships with key players in the molding markets, function as subject matter expert for molding and various molding manufacturing processes in both the technical aspects and overall industry knowledge both in molding and associated resins market.

Key Qualifications:

• Have earned a bachelor’s (B.A. or B.S.) degree. Business or Engineering degree preferred.
• Have 5+ years of strategic sourcing experience with considerable understanding of procurement concepts, principles, and practices.
• Experience in plastics and molded parts/components a plus.
• Demonstrated experience and results in negotiating with suppliers on master supply agreements, inventory agreements, pricing, etc.

Travel:

• 20-30% of the time to meet with suppliers, manufacturing sites, and/or other business-related meetings.

Compensation:

For this full-time position working at this location, the anticipated annualized base pay range will be from $82,300 - $152,800/year. At Pentair, it is not typical for an individual to be hired near the bottom or top of the pay range. Pentair considers various factors in determining actual compensation for this position at the expected location. Actual compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, work location, and other relevant business or organizational needs. This position may be eligible for other forms of compensation such as annual incentive bonus.

Benefits:

As a Pentair employee, you would enjoy a wide array of benefit options to help keep you and your family healthy and protected, including health benefits, a generous 401(k), employee stock purchase program, disability benefits, life insurance, critical illness insurance, accident insurance, parental leave, caregiver leave, tuition reimbursement, plus paid time off and wellness programs to encourage a healthy work/life balance.

Equal Opportunity Employer

Pentair is an Equal Opportunity Employer. With our expanding global presence, cross-cultural insight and competence are essential for our ongoing success. We believe that a diverse workforce contributes different perspectives and creative ideas that enable us to continue to improve every day.