Commodity Manager

The Commodity Manager is based in our Franklin Park, IL facility.  In this role you will be  responsible for the strategic development and management of the supply base for commodity(s)  used to build our products and maintain facilities. This position is responsible for optimizing costs, quality and delivery in the support of Supply Chain's customers.

What you'll do:

• Procures assigned commodities as required through approved sources of supply assuring that the following criteria is met: Competitive pricing, On-time delivery (to required support), All engineering and technical criteria is negotiated based on program requirements, Blanket and/or long term agreements developed, Purchasing policies and procedures are adhered to, and Adherence to customer requirements when applicable per contract.

• Develop and manage a Supply Base that builds long term strategic relationships with key supply partners that provides Sloan with the best competitive advantage.

• Analyze, suggest and implement innovative supply opportunities and strategies

• Develop system to define expectations and measure supplier performance on Quality, logistics, Tech; and Cost. Continuously monitor and evaluate Suppliers.

• Develop Commodity with all relevant information on the market, products and suppliers in order to support procurement and engineering.

• Maintain market awareness as to changes in prices, trends in supply/demand.

• Establish new suppliers as needed for new development programs, working with Engineering and Quality to ensure adherence to Sloan requirements.

• Interface with Production, Planning, QA, Finance, Sales, and Engineering, to achieve the smooth flow of goods and services to Sloan in order to maintain committed schedules to customers.

• Contract Management: Negotiate favorable contracts and Long Term Agreements

• Oversee vendor responsibilities outlined in the contract and statement of work.

• Be well-versed in key contract terminology.

• Maintain aggressive follow-up process to ensure quality and schedule compliance.

• Financial/Quantitative Analysis: Understand and develop financial rationale for "make vs. buy" decisions. Establish and maintain cost reduction and process improvement programs.

• Relationship Management: Understand vendor business and internal processes co-develop initiatives to improve communication and transactions, be an advocate of the vendor internally, and maintain quarterly business reviews with key providers.

• Strategic Thinking: Understand how the interrelationship of processes, technologies, and people create results. Create mutually beneficial opportunities for company and the vendor using this information.

• Technical expertise in managed commodity processes, capable of understanding and continuously improving supplier value stream.

What we are looking for:

• Bachelor's Degree

• 8+ Years Buying and/or vendor management experience

• Advanced level experience working with SAP ERP Business System.

• Demonstrates clear, professional, and respectful verbal and written communication in all interactions, consistent with an inclusive work environment.

• Expert level experience working with Microsoft Excel.

• Contract negotiation skills

• E-Sourcing and/or online reverse auction a plus

• Familiarity with commodities to be purchased, and market conditions

• Flexibility and creativity in developing new methodology and ideas to achieve cost reduction and/or efficiencies in operation

• General knowledge of manufacturing, basic knowledge of blue prints reading

• Knowledge of commodity specific, processing and all related information necessary to communicate effectively internally and externally

• Knowledge of purchasing policies and procedures and corporate national agreements

• Knowledge of the mechanics of blanket orders and long term agreements

• Low-cost region sourcing experience

• Value-Engineering experience

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