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Commodities Manager

Safran Passenger Innovations
United Statesfull_timeVerifiedPosted 5 Feb 2024
💰 $125,000/yr($98,000/yr$125,000/yr)

About the role

The Commodities Manager will be responsible for the Commodity Strategy for assigned commodities as defined by Management. 

Duties and Responsibilities:

  • Establish, implement and manage the commodity strategy for assigned defined commodities
  • Define the sourcing and supplier base strategy (make or buy analysis, should cost, consolidation, reduction, development of new sources and work transitions)
  • Drive market analysis, outlooks and competition analysis, forecast validation, pricing and cost reductions
  • Evaluate and calculate Total Cost of Ownership
  • Utilize applicable Standards regarding Risk, Operational Performance and Supplier Development to validate supplier development and adherence to strategic plan
  • Prepare RFQ’s, drafts commodity specific contract provisions/exhibits, and confirm provisions of the contract are applied and adhered to
  • Perform Strategic Business Reviews with suppliers
  • Develop the relationship with the Supplier as a strategic partner
  • Support all phases of New Product Introduction/New Development process
  • Works closely with Procurement Management and Team assisting with New Product hand-offs and strategic pricing
  • Lead Strategic Projects/Initiatives as defined by Senior Management
  • Review financial/usage data, prepare reports and risk mitigation plans
  • Support more high-level or complex commodities
  • Assist Supplier Contracts Manager as required

Requirements

  • Bachelor’s Degree in Engineering, Mathematics or Technical discipline or equivalent experience in a related field
  • 6-10 years of experience working in Strategic Supplier Management
  • 3+ years of commodity/category management experience
  • 2+ years of experience working subcontracting and/or new product introduction
  • 2+ years of experience with financial budgets, models, and cost/PPV analysis
  • Advanced Excel user with experience in filtering, pivoting, and analysis of raw data
  • Strong experience with drafting contractual language, terms and conditions, exhibits
  • Strong experience performing contract/pricing negotiations
  • Commodity management in the aerospace industry highly desired

Benefits

The starting pay range for this position is $98,000 to $125,000 however, base pay offered may vary depending on skills, experience, job-related knowledge and location.

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Company

Safran Passenger Innovations

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