Global Commodity Manager (10-15 yrs)

Material Sourcing and Procurement:

- Ensure timely sourcing and procurement of materials to meet production and new product launch schedules.

Cost and Contract Management:

- Maintain updated databases for financial tracking, pricing, and terms influencing costs and supply stability.

- Negotiate supplier contracts quarterly, including terms like lead times, minimum order quantities (MOQ), and non-cancelable/non-returnable (NCNR) clauses.

- Identify and implement cost-saving opportunities with cross-functional teams through alternate sourcing and value engineering.

- Resolve payment and delivery issues to ensure timely supplier payments.

- Use cost analysis techniques to negotiate favorable pricing.

- Benchmark suppliers for competitive pricing.

Supply Management:

- Plan supplier capacities for long-term supply stability.

- Monitor purchase orders and shipment statuses to avoid production disruptions or overstocking.

- Collaborate with suppliers to maintain optimal inventory levels, avoiding shortages or excess.

- Manage quality issues and minimize their impact on production and costs.

Strategy Development:

- Use market intelligence to optimize cost and ensure supply availability while mitigating risks.

- Select and onboard new suppliers, conduct audits, and assess supply chain risks.

- Create long-term commodity strategies and preferred supplier lists (PSL).

- Develop strong supplier relationships for sustainable business support.

- Provide sourcing guidance for new product introductions (NPI).

- Reduce dependency on single countries by diversifying suppliers.

Process Improvement:

- Standardize procurement processes and document them.

- Support digitization and process improvement initiatives.

- Provide reports and data to leadership on procurement activities and outcomes.

Qualifications and Skills:

- Education: Bachelor's degree in Engineering (Electrical/Electronics preferred), with 10+ years of relevant experience.

- Experience: Proven expertise in sourcing electrical/electronic components and working with global suppliers. Tactical procurement and knowledge of foundries/FABs are a plus.

Skills:

Strong problem-solving and negotiation abilities.

Expertise in cost analysis and supplier relationship management.

Proficiency in software tools (MS Excel, PowerPoint, ERP systems).

Ability to handle fast-paced environments with frequent changes.

Certifications: APICS, CPM, or similar certifications are beneficial.

Key Commodities: Electronics (relays, LEDs, filters) and electrical components (transformers, connectors, power supplies).