Commodity Manager Job at The Michael Fuller Group, Mentor, OH

  • The Michael Fuller Group
  • Mentor, OH

Job Description

Job Description

Our Partners at a leading manufacturer in the work truck industry, is searching for a Commodity Manager to complement the skills and talents of our Purchasing/Planning Department. This role is responsible for developing and executing sourcing strategies for assigned commodities to ensure a reliable, cost-effective, and high-quality supply base that supports business objectives. This role manages supplier relationships, conducts market analysis, negotiates contracts, identifies cost-saving opportunities, and collaborates with Engineering, Operations, Quality, Product Management, Finance, Compliance and Logistics teams to drive continuous improvement across the supply chain.

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The ideal candidate combines strong commercial acumen, strategic sourcing expertise, technical understanding of manufactured components, and effective supplier relationship management skills to support company growth, operational excellence, and profitability.

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Essential Duties and Responsibilities

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Strategic Sourcing

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•Develop and execute commodity strategies aligned with company objectives.

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•Identify, evaluate, and qualify new domestic and international suppliers.

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•Conduct supplier capability assessments and manufacturing audits.

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•Lead RFQ, RFP, and supplier selection processes.

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•Develop sourcing roadmaps that improve cost, quality, delivery, and supply chain resiliency.

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•Support new product development initiatives through supplier involvement and sourcing recommendations.

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Supplier Management

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•Establish and maintain strategic relationships with key suppliers.

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•Conduct quarterly business reviews and supplier performance evaluations.

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•Monitor supplier KPIs including quality, delivery performance, cost competitiveness, and responsiveness.

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•Drive supplier corrective actions and continuous improvement initiatives.

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•Lead supplier business continuity and risk mitigation efforts.

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Cost Management and Negotiation

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•Lead pricing negotiations, long-term agreements, and contract management activities.

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•Identify and execute cost reduction projects through value engineering, supplier consolidation, resourcing, process improvements, and should-cost analysis.

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•Monitor commodity market trends, indexes, tariffs, freight costs, and raw material fluctuations.

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•Develop annual cost savings plans and track achievement against targets.

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Supply Chain Risk Management

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•Analyze geopolitical, economic, and supply chain risks affecting assigned commodities.

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•Develop dual-source and contingency sourcing strategies where appropriate.

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•Support inventory optimization and supply continuity initiatives.

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•Monitor capacity constraints and proactively address supply challenges.

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Cross-Functional Collaboration

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•Partner with Engineering to review product specifications and identify cost-reduction opportunities.

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•Work closely with Quality and Operations teams on supplier quality concerns and production issues.

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•Collaborate with Product Management on new product launches and sourcing strategies.

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Data Analysis and Reporting

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•Analyze spend data and identify strategic sourcing opportunities.

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•Maintain commodity dashboards and supplier scorecards.

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•Prepare reports on cost savings, supplier performance, and market conditions.

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•Develop recommendations for sourcing and supply chain improvement initiatives.

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Skills/ Experience:

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•5-10 years of experience in strategic sourcing, procurement, commodity management, or supply chain management.

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•Experience sourcing manufactured products, metal components, hydraulic & pneumatic products, electrical components, lightings, castings, forgings, rubber components and fabricated products or industrial goods preferred.

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•Experience working with global suppliers, particularly in Asia, India, Mexico, or Europe preferred.

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•Proven track record of delivering measurable cost savings and supplier performance improvements.

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•Strong negotiation and contract management skills.

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•Knowledge of manufacturing processes including metal fabrication, machining, casting, forging, stamping, plastics, and electrical assemblies.

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•Understanding of global supply chain dynamics, tariffs, trade compliance, and logistics.

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•Strong analytical and financial acumen.

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•Experience with ERP and procurement systems.

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•Advanced Microsoft Excel and data analysis skills.

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•Ability to interpret technical drawings, specifications, and manufacturing requirements.

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•Excellent communication, presentation, and relationship-building skills.

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•Strong project management and organizational capabilities.

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Education Background:

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•Bachelor's degree in Supply Chain Management, Business, Engineering, Operations Management, or related field required.

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Key Performance Indicators (KPIs)

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The Commodity Manager's performance may be evaluated based on:

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•Annual cost savings achievement

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•Supplier quality performance (PPM, corrective actions)

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•On-time delivery performance

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•Supplier lead-time reduction

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•New supplier development and qualification

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•Supply continuity and risk mitigation effectiveness

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•Contract coverage and compliance

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Domestic and international travel up to 30%, including supplier visits, audits, business reviews, and industry events.

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Job Tags

Long term contract, Contract work

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