Commodity Manager
Houston, MS - USA
Job Summary
Position Summary
The Commodity Manager is responsible for developing and executing sourcing strategies for assigned commodities to ensure a reliable cost-effective and high-performing supply base. This role manages supplier relationships negotiates commercial agreements monitors market conditions and drives continuous improvement initiatives to support operational financial and customer requirements.
Essential Functions:
- Develop and implement sourcing strategies for assigned commodities that support business objectives and operational requirements.
- Source raw materials components goods and services through competitive bidding negotiations supplier collaboration and other strategic sourcing tools.
- Negotiate pricing contracts payment terms lead times service levels and capacity commitments with suppliers.
- Monitor commodity market trends economic conditions and supplier performance to identify risks and opportunities.
- Track and report supplier performance metrics including price quality delivery responsiveness and contract compliance.
- Lead supplier performance reviews and develop corrective action plans when performance does not meet expectations.
- Identify and execute cost reduction productivity and value improvement initiatives.
- Support supply continuity through proactive risk management supplier development and contingency planning.
- Collaborate with Operations Planning Quality Engineering and Finance teams to ensure alignment of sourcing decisions with business needs and compliance with policies systems & controls.
- Evaluate and qualify new suppliers to improve competitiveness capacity quality and risk diversification.
- Assist with resolving supplier quality issues commercial disputes claims and recovery actions.
- Travel domestically and internationally as needed typically up to 50%.
- Perform other related duties as assigned.
Required Skills:
- Excellent verbal and written communication.
- Strong negotiation relationship management and supplier development skills.
- Strong analytical and problem-solving capabilities.
- Ability to interpret commodity market trends and translate insights into sourcing actions.
- Excellent organizational skills and attention to detail.
- Ability to prioritize tasks and to delegate them when appropriate.
- Strong financial acumen including understanding of cost structures pricing models and total cost of ownership.
- Proficiency in Microsoft Office Suite.
- Ability to work independently while effectively collaborating within cross-functional teams.
Desired Skills:
- Proficient knowledge of demand planning and supply planning systems/tools.
- Thorough understanding of materials and supplies used in the company.
- ISM APICS and/or Six Sigma Black/Green Belt Certification(s) are desirable. Trained and participated in continuous improvement and lean manufacturing techniques and events.
- Ability to work in a fast-paced environment.
Experience & Education:
- BS degree in Supply Chain Engineering Finance Economics Business or related discipline.
- Minimum of 5-8 years of experience in procurement sourcing commodity management supply chain or related functions within a manufacturing environment.
Required Experience:
Manager