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Commodity Manager - Electronics

  • Job type: Permanent
  • Location: Framingham
  • Salary: Competitive
  • Job reference: 02-27-18
  • Sector: Category Management, Procurement Operations, Procurement, Procurement Processes, DSJ Global
  • Date posted: 27/02/2018
The role is a Commodity Manager - Electronics with a Global Medical Device Organization.  The role will manage the entire Electronics category and aggressively seek opportunity for cost savings.  This will involve negotiated complex agreements with global suppliers, developing strategic category plans, analyzing trends, working closely with key stakeholders, etc.  This is a tremendous growth opportunity within a Fortune 500 Organization.

Essential Duties and Responsibilities 
  • Manage assigned category portfolio (primarily electronics) and aggressively seek opportunities for cost containment and/or improvement.  Benchmark and utilize best practices sourcing within the category portfolio.
  • Negotiate complex agreements with global suppliers that may include protection of IP, co-development, technology partnerships, etc.  Develop contingency plans to mitigate risk of non-performance of sole-sourced vendors.  Negotiate contracts to maximize savings over multiple years of spend, including performance clauses and all other terms and conditions.
  • Develop category sourcing plans and lead resources in the identification of potential suppliers, requirements documentation, RFI and RFQs, bid and price analysis, negotiation and contract award, and supplier performance management.
  • Lead cross-functional teams to develop category strategies to achieve total cost reductions, lead time improvement, and overall supply rationalization.  Manage and drive year-over-year price improvements.
  • Work closely with key functional stakeholders and support existing sourcing and procurement leads to help drive spend reduction via demand management and execution of category/supplier strategies. 
  • Create strategic sourcing plan to ensure value is achieved through a systematic approach for specific categories of spend.  This includes inventory management, lead-time reductions, lower total cost of ownership, and quality assessments.
  • Coordinate with purchasing and materials managers to align goals and mitigate any risk associated with material supply.  Enhance supplier relationships and review key performance metrics to support short and long-term production needs.
  • Engage with the product lifecycle management process to ensure alignment with commodity strategies and business group needs.
  • Develop a clear understanding of the market forces and conditions that drive each commodity and set strategies to guide those forces effectively.  Develop annual “cost reduction strategies” with key suppliers that support divisional and functional goals.
  • Develop predictive benchmarks for aggressive cost targets.
  • Analyze trends to forecast prices and volume.  Contribute to global strategy development across other direct material and indirect spend categories as deemed appropriate.
  • Ensure that supplier delivery and quality expectations are met via partnering with quality to develop proper product specifications/supplier quality systems and via developing alternate supply strategies for supply continuity.
  • Financial modeling, analysis, and budget management.
  • The ability to work independently and take on additional responsibilities
  • Able to navigate and work cross-functionally
  • Identify and escalate trends related to Supply Chain and Market Commodity Trends 
  • Negotiation and conflict resolution skills
  • Excellent decision -making and analytical skills
  • The ability to multi-task in a fast-paced environment
  • Proficiency with required software and technology (Oracle, Excel, PowerPoint, Access) 
  • Exceptional written and verbal communication skills
  • Excellent analytical and data manipulation skills (cost comparisons, trend analysis, pivots, charting), financial modeling, analysis and budget management
  • BS or BA, MBA or equivalent can be a plus
  • 7+ Years in a Commodity Management, Strategic Sourcing, Supply Chain or equivalent role (preferably within the Electronics, Semiconductor
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