Commodity Manager - Racine, United States - Modine Manufacturing Company
Description
Position Description
Reporting to the Director, Global Procurement, this role is an important member of the Air-Cooled Applications team as we develop our supplier and customer partnerships to define the future of cooling.
Responsibilities span the entire strategic and tactical procurement process from new supplier identification, source selection, contract implementation and portfolio optimization.
The Commodity Manager will be responsible for multiple commodities including manifolds, fabricated steel components, hardware, fans and fan drives, and other related items.
- Key Responsibilities
Strategic Sourcing:
- Acquire and maintain deep insight into the market for commodities assigned, including industry trends, cost drivers, global pricing, leadtimes, technology and manufacturing capability of suppliers in the market that best meet business expectations and objectives
- Lead supplier discovery, evaluation, selection, and sourcing
- Facilitate Request For Information (RFI)'s and Request For Quote (RFQ)'s for new product programs and other sourcing initiatives
- Develop and implement global sourcing strategies to meet strategic objectives as well as program timing, cost, quality, and delivery requirements
Cost Savings:
- Develop and implement supply base management strategies both regionally and globally that lead to lowest total cost in terms of quality, lead time, delivery, service and unit cost
- Facilitate Value Analysis / Value Engineering (VA/VE) activities and use data analytics in order to drive product cost savings and process improvement initiatives to achieve budget performance
- Partner with Product Managers and Procurement Analytics to perform ongoing price / rate benchmarking as well as other analytical modeling to ensure market competitiveness
- Use business analytics logic and skill to identify cost savings opportunities
Supply Continuity Assurance:
- Support new product launch initiatives
- Working with the supplier fulfillment team to support escalations as needed with suppliers
- Work cooperatively with Supplier Quality Engineering, Product Engineering and Manufacturing Engineering to assess the quality capabilities of new and existing suppliers to ensure that all purchases meet defined quality standards.
- Identify critical supply disruption points in upstream value chain and formulate effective mitigation strategies
Commercial Precision:
- Manage the supplier onboarding process
- Prepare, negotiate, implement and manage purchasing agreements including pricing, terms and conditions, and expected supplier performance
- Ensure ERP system accuracy in terms of part price and purchasing documents
General Responsibilities:
- Communicate effectively with all levels of the organization.
- Travel up to 25% of time. Travel required to meet with suppliers as well as two of our Modine facilities in Jefferson City, MO and Lawrenceburg, TN
- Required Education & Qualifications
- Bachelor degree in Supply Chain, Materials Management, Operations, Business Management, Engineering or other technical field; MBA preferred.
- Minimum of 7 years of purchasing experience managing related components with increasing levels of responsibility in a manufacturing environment.
- Experience with purchasing fabricated metal and complex assembly components required.
- Strong analytical and organizational skills.
- Ability to handle multiple projects concurrently.
- Strong verbal and written communication skills.
- Solid working knowledge of financial principles and product cost structure analysis.
- Solid working data analytics skills.
- History of continuous improvement responsibility with measurable results.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law.
Modine provides a competitive benefit package, which could include paid vacation, short term disability, 401(k), health, dental, vision, life insurance, flex spending benefits, tuition reimbursement, Health Savings Account and much more.
Human Resources will provide more detail upon your hiring.LI-LR1
LI-Hybrid
Modine is an Equal Opportunity Employer and Welcomes all Qualified Applicants
EOE/Minorities/Females/Vet/Disability
Modine provides a competitive benefit package, which could include paid vacation, short term disability, 401(k), health, dental, vision, life insurance, flex spending benefits, tuition reimbursement, Health Savings Account and much more.
Human Resources will provide more detail upon your hiring.More jobs from Modine Manufacturing Company
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