- Develop and implement a comprehensive commodity strategy aligned with the company's objectives and growth plans.
- Conduct market analysis and assess supply chain risks to find opportunities for cost optimization, supplier consolidation, and supply chain resilience.
- Identify potential risks and vulnerabilities in the supply chain, such as geopolitical, regulatory, or environmental factors, and develop risk mitigation plans.
- Drive cost reduction initiatives through negotiations, value engineering, eSourcing and alternative sourcing strategies.
- Keep informed of commodity pricing trends and market dynamics to identify cost-saving opportunities and mitigate price fluctuations.
- Implement cost-tracking mechanisms and develop cost models to measure and report savings achieved.
- Collaborate with internal collaborators, such as engineering, manufacturing, and operations, to understand commodity requirements and specifications.
- Own the procurement process, including RFQs (Request for Quotation), bid evaluations, and supplier selection.
- Optimize inventory levels, lead times, and delivery schedules to minimize supply chain disruptions and meet production requirements.
- Identify, evaluate, and select suppliers based on their capabilities, quality standards, reliability, and cost competitiveness.
- Manage relationships with suppliers, ensuring clear communication, adherence to contractual agreements, and resolution of any supplier-related issues.
- Watch supplier performance, conduct periodic supplier evaluations, and implement improvement plans as required.
- Proactively seek opportunities for process improvements, automation, and digitization to improve efficiency and effectiveness in commodity management.
- Stay updated with industry trends, new technologies, and standard processes in commodity management, and apply relevant knowledge to drive continuous improvement.
- Ensure compliance with relevant industry regulations, ethical standards, and corporate policies.
- Guarantee that supplier compliance with quality standards, certifications, and sustainability requirements are being met.
- Bachelor's degree in supply chain management, business administration, engineering, or a related field.
- Relevant years of proven experiences in strategic sourcing, procurement, supplier performance or relevant experience commensurate with the level of this position.
- Proficiency of relevant mechanical and electrical commodities.
- Proficiency in supply chain management practices, including strategic sourcing, contract negotiation, supplier management, and cost optimization.
- Excellent analytical and problem-solving skills with the ability to use data to drive decision-making.
- Strong negotiation and communication skills to effectively collaborate with suppliers, internal partners, and cross-functional teams.
- Experience with supply chain risk management, including contingency planning and business continuity strategies.
- Solid understanding of the Microsoft Office Suite, in particular Word, Excel, and Power Point.
- Ability to travel 15%
- Authorization to work in the United States without sponsorship now and in the future
- MBA with a concentration in Supply Chain or Logistics
- 5+ years' experience in strategic sourcing, procurement, supplier performance or relevant experience.
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Commodity Manager - Florham Park, United States - Emerson Group
Description
Job DescriptionIf you are a Supply Chain Professional looking for an opportunity to grow, Emerson Discrete Automation has an exciting opportunity for you The position can be based in different locations in the US which include Florham Park, NJ / Aiken, SC / Novi, MI / Sandusky, MI / Charlottesville, VA. / Elk River, MN. There is a strong preference for the role to be based in Florham Park, NJ or Aiken, SC. As a Commodity Manager you will be responsible for setting commodity strategies that seek to reduce cost and risk and improve trade working capital. You will work with our suppliers and cross functionally to achieve outstanding service level and quality performance. Ready to make your mark and embark on an exciting journey with us? We can't wait to hear from you
In this Role, Your Responsibilities Will Be:
1. Commodity Strategy Development:
You set goals and objectives that align with the goals of the broader organization and then you seek to break down those objectives into appropriate initiatives with relevant achievements and tasks. You step up to take on tough issues and act quickly to seize new opportunities. You persist in accomplishing objectives despite obstacles and setbacks, and you push yourself and help others to achieve results. You work cooperatively cross functionally to achieve shared objectives.
For This Role, You Will Need:
Flexible Work Schedule - Hybrid Work Option. This role has the flexibility of a work option; you could work up to two to three days a week from home. Our teams work together to ensure our chosen work schedules enable our creativity and efficiency as we serve the needs of our customers.
We recognize the importance of employee wellbeing and know that to do your best you must have flexible, competitive benefits plans to meet you and your family's physical, mental, financial, and social needs. We provide, a variety of medical insurance plans, with dental and vision coverage, Employee Assistance Program, 401(k), tuition reimbursement, employee resource groups, recognition, and much more. Our culture prioritizes work-life balance and offers flexible time off plans, including paid parental leave (maternal and paternal), vacation and holiday leave.
At Emerson, we are committed to fostering a culture where every employee is valued and respected for their unique experiences and perspectives. We believe a diverse and inclusive work environment gives to the rich exchange of ideas and diversity of thoughts, that inspires innovation and brings the best solutions to our customers.
This philosophy is fundamental to living our company's values and our responsibility to leave the world in a better place. Learn more about our Culture & Values and about Diversity, Equity, & Inclusion at Emerson.
Our training programs and initiatives focus on end-to-end development, from onboarding through senior leadership. We provide a wide range of development opportunities, including face-to-face and virtual training, mentorship and coaching, project management, and on-the-job training.
#LI-Hybrid
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About Us
WHY EMERSON
Our Commitment to Our People
At Emerson, we are motivated by a spirit of collaboration that helps our diverse, multicultural teams across the world drive innovation that makes the world healthier, safer, smarter, and more sustainable. And we want you to join us in our bold aspiration.
We have built an engaged community of inquisitive, dedicated people who thrive knowing they are welcomed, trusted, celebrated, and empowered to solve the world's most complex problems - for our customers, our communities, and the planet. You'll contribute to this vital work while further developing your skills through our award-winning employee development programs. We are a proud corporate citizen in every city where we operate and are committed to our people, our communities, and the world at large. We take this responsibility seriously and strive to make a positive impact through every endeavor.
At Emerson, you'll see firsthand that our people are at the center of everything we do. So, let's go. Let's think differently. Learn, collaborate, and grow. Seek opportunity. Push boundaries. Be empowered to make things better. Speed up to break through. Let's go, together.
Work Authorization
Emerson will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1(including those with OPT or CPT) , H-1, H-2, L-1, B, J or TN, or who need sponsorship for work authorization now or in the future, are not eligible for hire.
Equal Opportunity Employer
Emerson is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, national origin, age, marital status, political affiliation, sexual orientation, gender identity, genetic information, disability or protected veteran status. We are committed to providing a workplace free of any discrimination or harassment.
Accessibility Assistance or Accommodation
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ABOUT EMERSON
Emerson is a global leader in automation technology and software. Through our deep domain expertise and legacy of flawless execution, Emerson helps customers in critical industries like life sciences, energy, power and renewables, chemical and advanced factory automation operate more sustainably while improving productivity, energy security and reliability.
With global operations and a comprehensive portfolio of software and technology, we are helping companies implement digital transformation to measurably improve their operations, conserve valuable resources and enhance their safety.
We offer equitable opportunities, celebrate diversity, and embrace challenges with confidence that, together, we can make an impact across a broad spectrum of countries and industries. Whether you're an established professional looking for a career change, an undergraduate student exploring possibilities, or a recent graduate with an advanced degree, you'll find your chance to make a difference with Emerson. Join our team - let's go
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