Commodity Leader Job Description
Commodity Leader Duties & Responsibilities
To write an effective commodity leader job description, begin by listing detailed duties, responsibilities and expectations. We have included commodity leader job description templates that you can modify and use.
Sample responsibilities for this position include:
Commodity Leader Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Commodity Leader
List any licenses or certifications required by the position: APICS, CPM, C.P.M, CPSM, CIPS, CAP, PMP
Education for Commodity Leader
Typically a job would require a certain level of education.
Employers hiring for the commodity leader job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Engineering, Business, Technical, Business/Administration, Finance, MBA, Management, Education, Supply Chain Management, Manufacturing
Skills for Commodity Leader
Desired skills for commodity leader include:
Desired experience for commodity leader includes:
Commodity Leader Examples
Commodity Leader Job Description
- Understand business compliance requirements and drive opportunities to eliminate compliance and commercial risk
- 20% Administrative and data quality initiatives such as inputting data into sourcing systems
- Incorporate use of key levers into the regional strategy (preferred supplier penetration, e-Auctions, e-Catalogue usage/content, Days-to-Pay, TPS penetration, ) to maximize savings and cash impact including tracking of targets & reporting progress
- Participate in simplification projects
- Identify and assess supplier capabilities
- Accountable for the commercial management of all transfers, customer enabled material changes and new products in Procurement
- Accountable for gaining supplier quotes and interrogating supplier price and lead times
- Support the commodity Manager in developing and implementing the commodity strategy
- Relationships and reduces cost and risk within the supply chain
- Attend the weekly/monthly supplier MFT reviews as required
- Physically healthy and flexible to accept around 30% travel
- Result-oriented, his/her planning and organization skills enable him/her to deliver in a demanding and changing environment
- Minimum of 5 years’ experience in purchasing or related fields in a manufacturing environment
- Daily communication with internal (Procurement Operations, IPT’s, Commodity & Commercial) and external customers (predominately Airbus regarding enabled materials)
- Accountable for ensuring on time response to all enabled material requests from the customer and that the customer systems are updated accordingly
- Work with Procurement Operations and the Planning & Logistics teams to ensure SAP Master Data contains enablement information
Commodity Leader Job Description
- Planning and leading sourcing and commercial activities to maximise the value proposition across assigned commodities / suppliers, ensuring adequate levels of contractual coverage are in place with the aim of optimising commercial advantage, mitigating commercial risk, providing security of supply and acceptable levels of liability
- Lead the development & execution of global commodity strategies to ensure the optimal framework and negotiated rates for the commodities
- Develop negotiation strategies and drive negotiations to achieve stated goals and objectives in accordance with the strategy, drive supplier selection, development, and overall supplier management
- Work with regional Sourcing Teams, Engineering, Product Management and Business leadership to achieve best cost and value
- Develop strategic Blueprint and Op Plan commitments
- Communicate accordingly establishing a reporting rigor for metrics and execution
- Understand business compliance requirements and drive opportunities to eliminate compliance risk driving initiatives to remediate concerns
- Negotiate complex agreements with global suppliers that may include protection of IP, co-development, technology partnerships
- Develops & manages supplier contract database and all pertinent supplier related legal documents like NDAs, joint development agreement
- Perform cost and scenario analysis, do supplier benchmarking
- Negotiate and implement general agreements with the suppliers MOU and Partnership agreements
- Ability to multitask and address multiple requirements in a high pressure environment
- Excel, Word, Access, MS project
- Solves complex problems and exercises judgment based on the analysis of multiple sources of information
- Minimum 3 years professional experience with the concerned commodity
- Define and execute commodity strategies for assigned categories in line with the business needs
Commodity Leader Job Description
- Manage spend with OSS Suppliers
- Implements a rigorous and disciplined process for managing the outsource services supplier base including leading periodic reviews, monitoring and managing supplier performance (quality, cost, delivery, technology, service, and leadership), managing supplier relationships, performing root cause analysis and resolution, developing and monitoring supplier improvement plans, and collaborating with engineering to align technology roadmaps
- Develop commodity strategies, achieve deflation targets, manage supply risk and manage outcomes and relationships with strategic suppliers related to the commodities of forging, small machining & fabrication, B&C class parts to Renewable Energy Business
- Proactively leads spend analysis, supplier development, supplier negotiations and contract implementation to meet overall deflation and productivity objectives within the assigned commodities
- Maximize cost-out on assigned buy via negotiation, redesigns, DMP (Direct Material Productivity), sub-tier component cost reductions utilization of tools such as e-auctions, Should-Cost analysis, Data Analytic and benchmarking
- Work with Hub Replenishment buyers to ensure appropriate inventory profile and levels for assigned geography
- Mitigate commodity cost exposure by negotiating long term commodity blankets (copper, aluminum, steel, and PVC)
- Manage the inbound release schedules for complex commodity and non-commodity customer blankets to meet both the customer need and the business inventory performance requirements
- Meet or exceed defined inventory turns/days for assigned branches
- Actively manage SKU level inventory performance to avoid obsolescence
- Identify and select strategic suppliers within the company’s Localization goals
- Realize Cost savings and negotiate contractual agreements with the supply base to meet annual objectives
- Engage with NPI buyers for new project awareness and proactively work to close technology gaps into strategy
- Support the TEOA-P initiatives and Star Level attainment for the region and business unit
- Minimum of Bachelor’s degree in Business, Engineering or Supply Chain Focus is preferred
- At least 4-5 years of relevant sourcing/procurement experience
Commodity Leader Job Description
- Develop, track, and maintain back margin opportunities with vendors for locally negotiated rebates
- Responsibly manage the allocation of rebate funds to the sales team as required
- Analyze historical data to determine if current cost structure is competitive
- Load sell pricing to support all cost reductions and maximize margin opportunities
- Analyze vendor quotations to determine item and customer coverage percent and take an active role in increasing our coverage rate
- Manage local “into-stock” cost files for the country
- Assist the sales team with new pricing and rebate load requests
- Manage monthly rebate and pricing expirations and renewals
- Monitor monthly override reporting to identify pricing opportunities
- Continually improve overall profitability each year
- Business acumen, strong communication and negotiation skills, Leadership, creative, presentation skills, patient, influencing skills, Results driven, action oriented, comfortable with ambiguity
- Experience with project management software project management understanding a plus
- 4 year degree or equivalent experience is required
- Bachelor’s degree in Business, Supply Chain/Logistics or equivalent work experience
- 10 + years of experience in a fast paced, high volume logistics environment
- Advanced knowledge of small parcel shipping and 3rd party logistics providers
Commodity Leader Job Description
- Performs in-depth analysis of supplier cost data for all major programs and develop negotiation strategies
- Reviews sales orders to determine volume procurement opportunities and communicates same to buyer/planners with recommended target pricing and delivery schedules to support production requirements
- Performs cost modeling, opportunity analysis, monitoring and reporting of productivity initiatives and budgeted objectives for the specified team(s)
- Conducts procurement forecasts and financial reporting for the business unit
- Reviews and updates purchase price variance forecasts monthly, while understanding key drivers and risk areas
- Lead the Commissioning and Installation Sourcing in EMEA to achieve variable cost productivity, deflation targets, cash flow, and controllership goals (e-Auctions, second source development, tooling initiatives)
- Support the development of a qualification process for your commodities and ensure any quality issues have the appropriate focus together with the Project Management Team
- Develop and execute master agreements with 3rd party providers/suppliers to support the Wind business sourcing strategy minimize risk / liability to the business and lock in rates in support of Project Schedules and Execution
- Provide ITO support with estimated costs of Cranes, EPC Type Contracts, Construction Contractors (mechanical & electrical) in EMEA markets
- Lead the Commissioning and Installation Sourcing in LAM to achieve variable cost productivity, deflation targets, cash flow, and controllership goals (e-Auctions, second source development, tooling initiatives)
- Fluent English, German preferred
- Ability to effectively engage with and present to all levels of management
- Self-directed, self-motivated and results-oriented
- Bachelor's degree in mechanical/industrial engineering, alternatively business, economics or supply chain degree required
- Minimum 5+ years of Commodity Management experience with increasing responsibilities in a custom or engineered-system manufacturing environment
- Prefer certified Lean or Six Sigma certifications