ExecuSource has partnered with a reputable manufacturing company in Waco, TX in search of a Commodity Manager for indirect materials & services. This person will be responsible for crafting and executing competitive sourcing strategies. The role involves collaborating with stakeholders, leading cross-functional teams, and optimizing commodity management processes to drive cost efficiency and quality improvement. The ideal candidate will possess project management skills, financial acumen, negotiation expertise, and the ability to analyze market dynamics. Travel may be required for supplier meetings.
What you get to do:
Identify innovative sourcing solutions, emphasizing total cost of ownership, sustainability, and risk mitigation.
Lead value engineering programs to optimize costs.
Develop and execute commodity plans and sourcing strategies, including contract negotiation.
Utilize a structured sourcing process to address all commodity management activities.
Coordinate cross-functional teams to execute sourcing strategies effectively.
Analyze market dynamics and develop mitigation strategies as needed.
Establish KPI targets and supplier scorecard programs to track performance.
Conduct supplier business reviews to drive targeted outcomes.
Establish and track benchmark measures for success metrics.
What you need to succeed:
Bachelor's degree in relevant field or equivalent experience.
Minimum 3 years of experience in production, sourcing, or engineering.
Ability to travel up to 25%.
Experience leading cross-functional teams in a multi-factory environment.
Knowledge of indirect categories' cost drivers and market trends.
Strong analytical and decision-making skills.
Track record of delivering comprehensive commodity management strategies.
Proficiency in market benchmarking and cost modeling.
Demonstrated project management and contract negotiation abilities.
Excellent communication and interpersonal skills for effective collaboration across functional groups.