Summary:
The Commodity Manager is responsible for maintaining a robust and resilient supply chain by leading sourcing initiatives and effectively managing supplier relationships. This role involves close collaboration with internal and cross-functional stakeholders to capture business requirements, support the development and execution of sourcing strategies across multiple categories, evaluate supply market responses using a total cost of ownership model, and ensure the successful launch of new products as well as the sourcing transition of existing products.

Essential Job Functions:
• Collaborate with supply chain, program, engineering, and quality teams to align supply strategy to meet program goals.
• Assist in monitoring and tracking vendor performance through periodic financial reviews, and product performance.
• Develop sourcing strategies for existing suppliers across categories, and have the ability to identify, evaluate, and select new suppliers.
• Analyze spend data/trends to identify and develop overall strategic sourcing initiatives.
• Establish key sourcing performance indicators, monitor ongoing performance and drive continuous improvements.
• Identify potential suppliers and conduct thorough assessments to ensure they meet SEDAs quality & capability standards.
• Conduct RFQs, support cost analysis, and coordinate supplier selection decisions.
• Drive the assessment of supplier cost, quality, capability, capacity, and financials, in order to orchestrate the selection.
• Generate summary reports to present cost analysis to management for review and approval.
• Drive implementation of category strategies which will include spend/supply assessments, consolidation strategy, supplier selection, and financial analyses.
• Identify new and/or alternate sources of supply, develop and execute plan to consolidate supply base.
• Support compliance initiatives plus corporate commodity, logistics, and inventory strategies to achieve synergy across the operation.
• Support annual cost reductions, proactively manage purchase price variance and lead annual standard cost review.
• Support goals and objectives for the Supply Chain department that are flowed down by Company Supply Chain Roadmap and Operations objectives.
• Other duties may be assigned.

Required Competencies:

Education/Experience:
• Bachelor's Degree.
• MBA preferred, but not essential
• CPM or CPSM certification is preferred
• Typical experience:
Commodity Manager: Minimum of 5 years' experience in a Supply Chain organization and Sourcing role with increasing level of financial responsibility.

Knowledge, Skills, and Abilities

• Strong MS Office skills with advanced knowledge in Excel. Ability to use PowerBI preferred, not mandatory. Effective in using large datasets and presenting of information through PowerPoint. Knowledge and work experience of ERP/MRP systems is a must. SAP experience preferred, not mandatory.

Leadership Skills / Management Skills / Personal Skills:
• Integrity
• Inductive reasoning
• Judgement and problem solving
• Leadership
• Communication, both verbally and written and through active listening and reading comprehension.
• Proven negotiation skills.
• Ability to multi-task in a fast-paced environment.
• Ability to identify processes needing improvement and to recommend and carry out improvements.
• Customer oriented
• Adaptable and flexible
• Ability to summarize complex information
• A deep understanding of root cause corrective action
• Knowledge of change control management
• Analytical thinking
• Dependability
• Change agent
• Planning, organization and prioritizing
• Ability to interact with C-level executives and make presentations