Global Commodity Manager

IDEX

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profile Job Location:

Rochester, NH - USA

profile Yearly Salary: $ 120000 - 140000
Posted on: 7 days ago
Vacancies: 1 Vacancy

Job Summary

If youre looking for a special place to build or grow your career youve found it. Whether youre an experienced professional a recent college graduate or somewhere in between IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.

With interesting opportunities in engineering marketing sales supply chain operations HR finance and more across more than 40 diverse businesses around the globe chances are we have something special for you.

POSITION SUMMARY

The Global Commodity Manager is responsible for leading Pulsafeeder sites (Rochester NY and Punta Gorda FL) global material sourcing and supplier base management. The Global Commodity Manager must develop prioritize and execute short and long-term commodity strategies that reduce supply chain complexity and achieve a minimum of 3.5% YOY net inflation material productivity. The individual is accountable for the supply base management of the commodity and uses a variety of tools to drive supplier delivery and quality improvements. Identify and develop best in class international and domestic supply base for critical components while also reducing overall supply chain complexity. This key leader will work closely with each sites Supply Chain team in the development of strategic plans and supporting objectives

REPORTS TO:

  • Director of Strategic Sourcing (Rochester NY)

TARGET COMPENSATION:

  • $120000 - 140000 annually

ESSENTIAL FUNCTIONS:

  • Responsible for developing and executing commodity strategies that achieve quality delivery cost and inventory targets within respective commodities.

  • Understand current market conditions Geopolitical environment and incorporate into commodity strategies to effectively mitigate supply chain risk.

  • Negotiates agreements with suppliers of assigned global commodities ensuring that the best total cost is realized. Contracts will include such items as discounts payment terms shipping terms stocking agreements quality parameters service requirements supply chain connections and other items deemed valuable to IDEX

  • Utilizes 80/20 mindset to establish strategies and reduce supply base complexity for assigned commodities. This also includes identifying opportunities for product complexity reduction and leading project teams to do so

  • Manage the global supply base and incorporate supply chain management tools to continually improve supplier performance and drive internal efforts to resolve supplier issues.

  • Assist product teams in gaining a competitive advantage by incorporating product roadmaps current market conditions and new technologies within their commodities. Continually assess and evaluate new suppliers

  • Oversees the process to select and manage suppliers with a focus on scalability. Measure and track performance for each supplier category

  • Identify strong secondary sources for 80 parts

  • Establish external cadence around supplier visits/site visits scorecards (TQDRC Technology Quality Delivery Responsiveness and Cost) and metrics for top partners to be reviewed on a monthly/quarterly basis with the supplier

  • Establish internal cadence around the state of our top vendors with SLT/NLL/Commercial on a monthly/quarterly basis

  • Developing and executing supplier agreements (i.e. Kanban LTA Blanket program)

  • Build strong partnerships and collaborate with cross-functional teams including supply chain engineering quality production and other IDEX BUs/IDEX Office of Business Services.

  • Build strategic relationships with key suppliers and be proactive in managing the relationships to ensure no disruption in the supply chain and ensure additional savings

  • Responsible for supplier negotiations and developing win-win strategies that achieve sustainable relationships with suppliers

  • Focus on direct and indirect cost productivity. Lead cross-functional teams to drive annual productivity improvements in each spend category

  • Lead in the selection and qualification process of suppliers including managing the RFQ process when applicable

  • Lead and support supplier improvement initiatives supplier quality assessments and audits

  • Identify potential risks in the global supply chain and implement contingency plans internally and externally to mitigate those risks.

  • Develop an accurate material cost forecast based on the market industry and economic factors. This will include material and component cost models within each commodity to accurately predict future material costs for the organization.

  • Acquire sources for new technologies that provide Pulsafeeder with a competitive advantage

  • Sourcing and supply chain lead working with technical personnel both internally and externally in early stages of new product development and design changes

  • Perform other duties as assigned

KNOWLEDGE SKILLS AND ABILITIES

EDUCATION & EXPERIENCE:

  • Bachelors degree preferably in a technical competency minimum in a business/industrial related field

  • 5 or more years of related experience in commodity management in a manufacturing environment with increasing responsibilities

  • Experience in iron casting steel casting and plastics preferred

  • Experience in managing a global supply base required

  • Demonstrated project management skills

  • APICS certification is a plus

  • Experience in a low-volume high-mix engineered-to-order manufacturing environment

  • Up to 25% travel required if remote up to 50% travel required

COMEPETENCIES

  • Excellent communication analytical and problem-solving skills

  • Strong organizational time management and interpersonal skills

  • Willing to work with processes and systems that are evolving and subject to change

  • Ability to work in a team environment as well as work independently with minimal supervision

  • Strong orientation toward continuous improvement Lean/Six Sigma

  • Must be self-motivated and resourceful

  • Strong collaboration training and coaching skills

  • Ability to influence behavioral change

  • Ability to work through conflict and see resolutions.

  • Demonstrated ability to work well in a team environment thinks independently shows initiative anticipates and prevents problems has mechanical aptitude and has excellent analytical and interpersonal skills.

PHYSICAL ENVIRONMENT AND ENVIRONMENTAL FACTORS

  • This positionoperatesin a manufacturing office setting and involves regular use of standard office equipment. The role requires the ability to remain in a stationary position for extended periods while performingcomputerbasedtasks. The employee will occasionally move about the office or nearby production areas to access equipment attend meetings or communicate with team members. The individual must be able to communicate effectively with coworkers and external parties in person over the phone and through digital platforms.Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.

  • Hybrid Position:Candidate must reside locally in either Rochester NY or Punta Gorda FL. Role requires three (3) days onsite and allows two (2) days of remote work each week.

Are you ready to join a different kind of company where our people our culture and our commitments are centered around providing trusted solutions that improve lives around the world

Total Rewards

The compensation range for this position is $112700.00 - $169100.00 depending on experience. This position may be eligible for performance based bonus plan.

Benefits Package

Our comprehensive U.S. benefit offerings include: Health benefits 401(k) retirement savings program with company match PTO and more. More information on our benefits and rewards can be found on our career page: is an Equal Opportunity Employer. IDEX gives consideration for employment to qualified applicants without regard to race color religion creed genetic information sex sexual orientation gender identity or expression marital status age national origin disability protected veteran status or any other consideration or protected category made unlawful by federal state or local laws.

Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process please let us if you are limited in the ability to access or use this online application process and need an alternative method for applying we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application.

This posting is for an existing vacancy.

Artificial intelligence is not used to screen assess or select applicants.


Required Experience:

Manager

If youre looking for a special place to build or grow your career youve found it. Whether youre an experienced professional a recent college graduate or somewhere in between IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.Wit...
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IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way with products that are mission-critical components in everyday activities.

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