Senior Global Commodity Manager LCM, Mechanical Components-Stampings - Hybrid
Stanley Black & DeckerAbout the role
Senior Global Commodity Manager LCM, Mechanical Components-Stampings - Hybrid
Valley City, OH, United States
Towson, MD, United States
Come make the world and accelerate your success.
It takes great people to achieve greatness. People with a sense of purpose and integrity. People with a relentless pursuit of excellence. People who care about making things better For Those Who Make The World™. Sound like you? Join our top-notch team of more than 50,000 diverse and high-performing professionals globally who are making their mark on some of the world’s most beloved brands, including DEWALT®, BLACK+DECKER®, CRAFTSMAN®, STANLEY®, CUB CADET®, and HUSTLER®.
The Job:
Stanley Black & Decker’s Global Strategic Sourcing organization has an opportunity for a Senior Global Commodity Manager. This position will be responsible for managing the commercial strategic direction for the Global mechanical components spend across all business units. This position requires management of 2 direct reports and a spend of $200M in the following spend categories:
- Stampings
- Springs/Wireforms
You will be responsible for developing the global category strategy as well as coordinating tactical execution to meet departmental, product and functional group goals and objectives on a global level and multi business unit level. Total Cost of Ownership as well as driving Stanley Fulfillment System (SFS) with suppliers is the new focus of the Supply Management organization which results in service, quality and profitability. Ideal candidate will have 5+ years’ experience in direct material category leadership, purchasing & project management.
As a Senior Global Commodity Manager, you’ll be a hybrid employee to either Valley City, OH or Towson, MD.
You’ll get to:
- Ability to develop and execute global sourcing strategies to improve service, quality, and total cost of ownership across a global spend portfolio of $200M and communicate it to your internal stakeholders.
- Lead and mentor 2 direct reports and working with a global and diverse team.
- Negotiate, implement, and manage supplier contracts and service level agreements as well as supplier relationships on behalf of the company.
- Conduct strategic global supplier quarterly reviews to define annual performance metrics and measurable action plans.
- Identify and communicate risks and coordinate its mitigation plans.
- Maintain broad knowledge of worldwide market trends on assigned commodities.
- Effectively lead and communicate category strategy at all levels within the company.
- Work closely with people and all functions across the company (Engineering, Operations, Marketing, Finance, Legal, Logistics, etc) to formulate, implement and execute sourcing and continuous improvement strategies to improve profitability.
- Build internal relationships with plants globally to ensure strategy implementation.
- Manage price Inflation …negate without effecting service and quality.
- Build Y-o-Y cost reduction /productivity projects deck to ensure continued activity.
- Prepare RFI’s, RFP’s, and RFQ’s and evaluate supplier proposals.
- Institute world class procurement / sourcing techniques, processes, and practices
- Direct and coordinate supplier development activities working with SQEs and SDEs
- Use project management and transformational lean improvement methodology to deliver team results.
- Support New Product Introduction activity as required.
The Person:
You love to learn and grow and be acknowledged for your valuable contributions. You’re not intimidated by innovation. Wouldn’t it be great if you could do your job and do a world of good? In fact, you embrace it. You also have:
- Bachelor’s degree in relevant area required, mechanical or manufacturing engineering preferred
- Minimum 5 years of experience in global strategic sourcing/procurement including supplier selection, management, contract negotiations, implement, and manage supplier contracts, exclusivity, and NDA agreements
- Demonstrated experience developing a $200M complex global category strategy across multiple business units and regions
- Experience with category/component cost modeling and the use of information to drive fact-based negotiations
- Experience with creating and maintaining quarterly material cost models tied to material indices to manage material deflation/inflation through supplier quarterly material locks and part price adjustments.
- Experience building category cost models/clean sheets, and monitoring of market and geopolitical trends
- Knowledge of manufacturing processes, cost drivers, materials and experience managing mechanical component categ
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