Commodity Manager - Engine Components

Location: Waukesha, Wisconsin, United StatesEmployment Type: Full-timeRelocation Assistance Available: Possible for the ideal candidateJob ID: 3301945

Our Award-Winning Client, a nationally recognized leader in energy technology, is seeking a Commodity Manager to join their team at their Global Headquarters. Known for innovation and excellence, they have been driving advancements in energy solutions for over six decades.

Job Overview

The Commodity Manager will oversee the global strategic management of assigned commodities and products. This role entails leading cross-functional teams, managing supplier execution, and implementing strategies to optimize costs, enhance quality, and mitigate risks.

Key Responsibilities

• Lead the development of suppliers and conduct quarterly performance reviews.
• Negotiate Master Supply Agreements to maximize value and improve inventory efficiency.
• Develop and communicate commodity strategies across the organization and with suppliers.
• Monitor market trends and lifecycle roadmaps to align procurement strategies with industry transitions.
• Implement risk mitigation plans related to engine supply processes.
• Collaborate with teams to address quality, price, inventory, and material availability issues.
• Oversee supplier audits to ensure compliance with company and industry standards.
• Optimize the supply chain to reduce lead times and improve overall efficiency.
• Track and report material price variations and provide updates to financial teams.
• Manage and update supplier scorecards to reflect performance metrics.
• Conduct comprehensive market and supplier analyses to identify opportunities for cost reductions and efficiency improvements.

Minimal Qualifications

• Bachelor’s degree in a related field OR 8 years of equivalent experience in a comparable environment.
• 5–7 years of experience in strategic sourcing, supplier quality management, or operations.
• Proven ability to travel up to 30% domestically and internationally.
• Excellent communication skills to interface effectively at all organizational levels.
• 2 yrs recent power generation products.
• 2 yrs Engine Components

Preferred Qualifications

• Advanced knowledge of engine components and manufacturing processes, such as casting, forging, stamping, and machining.
• Experience in commodity management, engineering, or strategic sourcing roles.
• Familiarity with continuous improvement and Six Sigma methodologies.
• Hands-on experience with ERP systems such as SAP.

Technical Skills & Competencies

• Proficiency in cost reduction strategies and bidding techniques.
• Strong negotiation expertise for supplier agreements.
• Thorough understanding of strategic sourcing and supplier contract management.
• Ability to assess critical market dynamics, including risk mitigation planning.
• Skilled in tracking and reconciling price variations to align with financial objectives.
• Self-motivated with the ability to handle fast-paced and dynamic environments effectively.
• Advanced problem-solving skills using quality tools and methodologies.

Physical Requirements

• Ability to perform regular computer-based tasks involving close vision and fine motor skills.
• Periodic standing, walking, and occasional bending or reaching.
• Capability to lift up to 25–50 pounds occasionally.
• Travel may be required occasionally for this role.

Benefits Package

• Comprehensive health, dental, and vision coverage.
• Paid time off, including holidays.
• 401(k) with company match.
• Professional development and training opportunities.
• Relocation assistance for the ideal candidate.

Ideal Candidate Profile

• Experience in managing commodities for engines and engine components, particularly in casting, forging, and machining.
• Proven ability to drive cost savings, negotiate contracts, and develop supplier relationships.
• Adept at implementing innovative strategies that align with corporate goals.

Note: Resumes will be maintained in strict confidentiality until such time as we engage in a detailed discussion regarding a specific opportunity, and both parties mutually agree to proceed. We consistently receive new opportunities every day. Should your professional background closely align with the specific requirements of our client, we will promptly reach out to you to initiate further exploration of potential opportunities.

Job ID: 3301945