POSITION SUMMARY:
The commodity manager is responsible for sourcing all direct materials as assigned in a specific commodity, ensuring product quality, delivery, and cost (landed).
ESSENTIAL FUNCTIONS:
- Develop short term and long term commodity strategy and build a solid operating mechanism to lead various initiatives out of the strategy
- Use spend data to support strategy
- Create opportunities for cross region or global sub-commodities
- Develop and lead performance dashboards
- Communicate to suppliers Invacare’s quality requirements and expectations
- Monitor vendors for process and material changes on a continuous basis
- Audit vendors on a regular basis along with supplier quality
- Administer, follow up, and verify all required corrective actions for quality & delivery improvement
- Factor in true landed cost (TCO), accounting for transportation, quality inspection, packaging, etc.
- Negotiate aggressively as well as ethically
- Source aggressively in low-cost regions when it makes good business sense
- Keep current on key market indicators and commodities pricing
- Develop a second source for ‘A’ and ‘B’ items to ensure a position of leverage
- Develop strategic suppliers and eliminate high-risk, low-volume suppliers
- Manage Enterprise Risk by reducing dependency on complex supply chain and single/sole source. Drive supplier rationalization and supplier financial risk management.
- Activity participates in Make vs. Buy sourcing decision and in manufacturing transfer.
- Implement Kanban system on all ‘A’ and ‘B’ items. Work with suppliers to ensure that they understand the concept fully and accurately
- Move ‘C’ items toward vendor managed inventory or two-bin system
- Follow up on late shipments and require corrective action immediately
- Implement and maintain visual parts management system on the production floor
- Control and justify lot sizes
- Provide reliable forecast with updates as data change working with planning team
- Communicate any special sales incentives that may affect forecast accuracy
- Communicate, coordinate, and lead product changes effectively
- Ensure complete and reliable data accuracy
- Lead quarterly business reviews with suppliers along with Invacare cross functional team
- Engage supplier in capacity planning and strategic new business development opportunities
- Ensure that all required training is identified for and completed by all direct reports
- Develop a team environment that values diversity and uses various individual’s strengths to the benefit of the team
- Exhibit positivity, flexibility, creativity, and a willingness to take on new responsibilities as requested or required.
Qualifications:
- Bachelor’s Degree required; Engineering or degree in related field preferred
- MBA preferred
- Certifications: Preferred CPM, CIRM, CPIM.
- Affiliations: Preferred NAPM / ISM, APICS.
- Proficiencies: MS Excel, Word & Power Point, Access.
- Experience: Minimum Eight (8) years in global industrial purchasing and supply including with five (5) years in a strategic procurement leadership position.
- Competencies / Skills required include:
- Leadership Behaviors
- Category Team Management
- Contract Management & Administration
- Financial Analysis
- Developing and implementing strategy
- Negotiations
- Out of the box thinking
- Project Management
- Industry Analysis
- Supplier Diversity
- Regulatory (FDA, etc.)
An Equal Opportunity/Affirmative Action Employer –M/F/Disabled/Vet
Required Skills
Required Experience