Commodity Specialist-AR_150

OLSA Resources, Inc.; Lincolnshire (KY); On-site; USD 48,216 - 55,104; Full time

Job summary

A strategic sourcing company in the United States is seeking a Commodity Specialist to manage the procurement of materials and services. This role involves developing strategies to identify and select suppliers, ensuring quality and cost efficiency while facilitating the early involvement of suppliers in product developments. The ideal candidate should have a relevant undergraduate degree and preferred certifications in CPIM/CPM and Six Sigma. Compensation is competitive at $35-40 per hour with a 9-month contract.

Qualifications

• Undergraduate degree required, preferably in business or engineering.
• CPIM and/or CPM certification preferred.
• Six Sigma Green Belt or Black Belt certification preferred.

Responsibilities

• Develop product strategies in collaboration with New Product Engineering and Product Management.
• Identify top suppliers for customized supply solutions.
• Create sourcing strategies to meet business goals.
• Consolidate suppliers with strategic partners.
• Manage supplier performance and contract agreements.

Skills

Negotiation skills

Education

Undergraduate degree (business, engineering, or similar discipline)

CPIM and/or CPM certification

Six Sigma Green Belt or Black Belt certification

Job description

The Commodity Specialist plans, organizes, and controls strategic activities surrounding the acquisition of materials and services that embodies major piece part and/or device commodities. They implement Supply Chain Management strategy to achieve lowest total costs, effective asset management, continuous quality improvement, delivery, and cycle time performance improvement and early supplier involvement in product development.

Job Responsibilities

• Partners closely with New Product Engineering, Product management, and Operations to develop product strategies for this business.
• Work closely with the Security Global Commodity Management Teams and Product Management to identify viable and world class suppliers that can deliver customized supply solutions.
• Develop supply partners for HLS, process definition, deployment, results and improvement, strategy development and implementation, commercial terms and conditions, and delivery of deflation savings to the operating plan.
• Through the analysis of current spend, processes and practices, develop an overall sourcing strategy that supports the goals of the HLS business including new product introduction, supplier consolidation, process standardization, material cost reduction, transaction cost removal, and process digitization that meets the annual operating plan.
• Effectively consolidate direct suppliers with identified strategic partners.
• Select and manage required suppliers who have the capacity and capability to meet the material and subcontract needs of the business.
• Utilize e-auctions for major spend opportunities.
• Participate/manage business acquisitions to facilitate synergy savings and common process implementation.
• Emerging Region sourcing goals achieved on assigned commodities.
• 100% of spend on contract/LTA with assigned supply base.
• Maintains continuous in-depth knowledge of market conditions, industry trends, and developing technologies.
• Establishes and manages key supplier performance goals and objectives; communicates periodic results to plan and manages top-level continuous improvement.
• Manages sourcing decisions covering selected commodities.
• Manages and negotiates supply agreements in support of overall supply chain goals and objectives.
• Promotes and monitors early supplier involvement in key product developments, using the supplier’s expertise to optimize quality, delivery and manufacturability.

Qualifications

• Undergraduate degree required (a business, engineering degree or similar discipline is preferred).
• CPIM and/or CPM certification preferred.
• Six Sigma Green Belt or Black Belt certification preferred.
• Negotiation skills.

Additional Information

• Pay Range: $35-40 per hour.
• Contract is 9 months.