Commodity Manager - Procurement

Exploreelginarea

Elgin (IL)

On-site

USD 90,000 - 130,000

Full time

14 days+

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Benefits offered by this job

Paid Time Off

Paid Holidays

Tuition Reimbursement

Medical Insurance

Flexible Spending Account

Health Savings Account

401k

Employee Assistance Program

Job summary

Flender in Elgin, IL seeks a Commodity Manager (Procurement) to lead sourcing and procurement for strategic direct material categories. You will manage supplier relationships, negotiate contracts, and drive cost optimization while mitigating risk.

You’ll partner with Engineering, Operations, R&D, Product Management, and Finance to align procurement with business goals. This role emphasizes cross-functional collaboration and process improvement to create value, sustain innovation, and deliver

Qualifications

Bachelor’s degree in a related field.
Minimum 5 years of procurement or sourcing experience focusing on direct materials in manufacturing or engineering.
Experience with roller bearings, steel castings, gears, hydraulics, machined parts, and hardware is preferred.
Strong negotiation, supplier management, and contract administration skills.
Proficiency with ERP/procurement systems (e.g., SAP, Coupa) and data analysis tools (Celonis, SAP Analytics Cloud, Excel).
Professional certifications (CPSM, C.P.M., APICS, ASCM) are a plus.
Excellent communication, collaboration, and organizational skills.
Ability to manage multiple priorities in a fast-paced environment.

Responsibilities

Strategic Sourcing: Lead sourcing, supplier selection, RFx processes, negotiations, and contract management for direct material categories.
Supplier Management: Build and maintain strong supplier partnerships and oversee performance.
Cost Optimization: Drive cost savings, working capital, and end-to-end value creation through sourcing events and analyses.
Risk & Market Analysis: Monitor markets, identify risks, and develop mitigation and dual-sourcing strategies.
Contract Management: Draft, negotiate, and administer supplier contracts with compliance to regulations.
Cross-Functional Collaboration: Align procurement with Engineering, Operations, Quality, Finance, and other teams.
Process Improvement: Enhance procurement processes using data analytics and KPIs.
Compliance: Ensure procurement activities adhere to policies and ethical standards.

Skills

Negotiation

Supplier management

Contract administration

Data analysis

Cross-functional collaboration

Analytical thinking

Education

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

Tools

SAP

Coupa

Excel

Job description

Flender is a leading global supplier for mechanical drive systems and has the reputation for highest performance, innovation, quality, and reliability of mechanical components for 125 years.

We're now hiring a talented Commodity Manager (Procurement) for our team in Elgin, IL on a full-time basis. If you're eager for your next challenge, Flender is a great place to grow your career.

For more information on Flender, please see website: www.flender.com

Equal Employment Opportunity Statement:

Flender is an Equal Opportunity and Aff… All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, ancestry, national origin, sex, sexual orientation, gender identity, age, marital status, family responsibilities, pregnancy, genetic information, protected veteran or military status, other categories protected by federal, state, or local law, and regardless of whether the qualified applicants are individuals with disabilities.

Job Summary:

The Commodity Manager for Direct Materials leads sourcing and procurement for strategic direct material categories vital to our manufacturing operations. This role is responsible for supplier relationship management, contract negotiations, cost optimization, and risk mitigation. The Commodity Manager partners closely with Engineering, Operations, R&D, Product Management, and Finance to align procurement strategies with business objectives and drive value, innovation, and continuous improvement.

Job Responsibilities:

Strategic Sourcing: Lead sourcing, supplier selection, RFx processes, negotiations, and contract management for assigned direct material categories, in conjunction with corporate Global Commodity Management strategies.
Supplier Management: As Supplier Relationship Owner for strategic suppliers, build and maintain strong supplier partnerships. Oversee supplier performance, conduct regular reviews, resolve issues, and drive continuous improvement.
Cost Optimization: Build and manage value creation roadmaps - cost savings, avoidance, innovation, working capital, resilience. Analyze spend and market trends to identify and implement cost savings opportunities. Lead end-to-end sourcing events (RFI/RFQ/RFP). Negotiate pricing, terms, and value-added solutions. Develop should-cost and total cost of ownership models.
Risk & Market Analysis: Monitor commodity markets, track supply risks and trends, and identify new suppliers, materials, and innovations. Develop risk mitigation and dual-sourcing strategies.
Contract Management: Draft, negotiate, and administer contracts with suppliers, ensuring compliance with legal, regulatory, and company requirements.
Cross-Functional Collaboration: Work closely with Engineering, Operations, Quality, Finance, and other teams to align procurement with business needs and support new initiatives.
Process Improvement: Evaluate and enhance procurement and sourcing processes. Drive continuous improvement using data analytics and KPIs.
Compliance: Ensure all procurement activities adhere to company policies, industry regulations, and ethical standards.

Required Knowledge/Skills, Education, and Experience:

Bachelor’s degree in Supply Chain Management, Business, Engineering, or related field.
Minimum 5 years of procurement or sourcing experience, with focus on direct materials in manufacturing or engineering.
Experience with following commodities preferred: Roller bearings, steel castings, gears, hydraulics, machined parts, fasters/hardware.
Strong negotiation, supplier management, and contract administration skills.
Proficiency with ERP/procurement systems (e.g., SAP, Coupa) and data analysis tools (Celonis, SAP Analytics Cloud, Excel).
Professional certifications (CPSM, C.P.M., APICS, ASCM) are a plus.
Excellent communication, collaboration, and organizational skills.
Ability to manage multiple priorities in a fast-paced environment.

Flender as an employer offers: