Strategic Commodities Manager: Sourcing & Risk

Forgent Power Solutions, Inc.

Dayton (MN)

On-site

USD 120,000 - 170,000

Full time

3 days ago
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Job summary

Forgent Power Solutions, Inc. is seeking a Commodities Manager to design sourcing strategies and manage supplier relationships across key categories in a manufacturing setting.

Based in Dayton, Minnesota, you will drive market analyses and negotiate contracts to ensure reliable, cost-effective supply of materials. You will lead cross-functional collaboration with engineering, operations, and finance, aiming for cost reductions, risk mitigation, and long-term supplier partnerships while

Qualifications

  • Bachelor’s degree in Supply Chain Management, Business, Engineering, or related field.
  • 7+ years of experience in commodity management, strategic sourcing, or procurement.
  • Strong negotiation and contract management skills.
  • Strong Data Center Industry Experience.
  • Experience with ERP/procurement systems (e.g., SAP, Oracle) and spend analytics tools.
  • Solid understanding of market analysis, cost modeling, and total cost of ownership.
  • Excellent communication and cross-functional collaboration skills.

Responsibilities

  • Develop and implement category strategies for assigned commodities.
  • Monitor, prepare and present commodity markets analysis, pricing trends, and supply/demand dynamics to anticipate risk and identify cost-saving opportunities.
  • Lead supplier selection, qualification, and contract negotiations, including pricing, terms, and service-level agreements.
  • Manage ongoing supplier performance through scorecards covering quality, delivery, cost, and responsiveness.
  • Build and maintain a diversified, resilient supplier base to reduce single-source and geopolitical risk.
  • Partner with engineering, operations, and finance teams to forecast demand and align procurement plans.
  • Drive cost reduction and value engineering initiatives without compromising quality or supply continuity.
  • Manage hedging or forward-buying strategies where applicable for volatile commodities.
  • Ensure compliance with company policies, ethical sourcing standards, and relevant trade regulations.
  • Support new product introduction (NPI) by sourcing materials early in the design cycle.
  • Resolve supply disruptions, quality issues, and contract disputes in a timely manner.

Skills

Negotiation
Contract management
Cross-functional collaboration
Data analytics
Stakeholder management

Education

Bachelor's degree in SCM/related field
Master's degree or MBA

Tools

SAP
Oracle
Spend analytics

Job description

Forgent Power Solutions, Inc. is seeking a Commodities Manager to design sourcing strategies and manage supplier relationships across key categories in a manufacturing setting.

Based in Dayton, Minnesota, you will drive market analyses and negotiate contracts to ensure reliable, cost-effective supply of materials. You will lead cross-functional collaboration with engineering, operations, and finance, aiming for cost reductions, risk mitigation, and long-term supplier partnerships while

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