Commodity Manager - Electronics
The Commodity Manager is responsible for the overall development and execution of electronic commodity categories which includes PCBAs, electro-mechanical box-build assemblies, wire/cable, switches/breakers, batteries and motors. This position has responsibility for multiple locations and uses tools such as reverse auctions, demonstrating, VA/VE, and global sourcing to effectively drive cost out of the supply chain. This position will lead all aspects of and run assigned commodities on a corporate, worldwide basis, inclusive of the RIDGID and Greenlee Professional Tools brands. Developing robust supply partnerships for legacy and new products ever-growing electronic designs. Control costs through the development of cost-effective, efficient, high-quality, lean initiatives. Develop contracts, using worldwide volumes where possible.
IN THIS ROLE, YOUR RESPONSIBILITIES WILL BE:
- Develops and drives long-term supplier strategy deployment, supplier cost modeling, supplier opportunity assessments, supplier financial analysis, negotiations, long-term contracts, continuous supplier performance improvement, and supplier relationship development
- Develop high-efficiency, high-quality domestic and/or global sources of supply for materials, products, and services, focusing on supply base rationalization.
- Lead commodity spending using sophisticated data management systems, processes, and databases. Focus on risk, price, quality, delivery, supply chain efficiency (Lean Supply Chain), ROTC, and trade working capital.
- Able to lead projects, a cross-functional team, including suppliers, engineering, operations and marketing, to efficiently implement a commodity strategy, cost savings initiative, or transition a source of supply.
- Maintains a confirmed understanding of crucial commodity trends, such as active & passive semi-conductors, lithium cells, silver/gold and copper, including industry trends, cost drivers, global pricing, material lead times, and technical/manufacturing processes.
- Proactively supervise semi-conductor lifecycle to ensure healthy supply of component material on a global level
- Negotiates long term agreements with outstanding price, payment terms, quality, and delivery terms in compliance with policies and procedures.
- Develop and maintain long-term supplier relationships that deliver competitive advantages including the lowest total cost, the highest quality products, and excellent customer service.
- Performs root cause analysis on Supplier delivery/quality issues and implements corrective actions via supplier improvement plans
- Participate on New Product Development Teams, and Emerson Commodity Teams. Assist to create consensus agreements.
- Support and conduct reverse auctions.
- Other duties may be assigned.
WHO YOU ARE:
You persist in accomplishing objectives despite obstacles and setbacks. You acquire data from multiple and diverse sources when solving problems. You get the most out of limited resources. You create driven and breakthrough strategies that show a clear connection between vision and action. You represent own interests while being diligent to others’ interests as well. You make sound decisions, even in the absence of complete information. You follow through on commitments. You break down objectives into appropriate initiatives and actions.
FOR THIS ROLE, YOU WILL NEED:
- Bachelor’s degree or equivalent experience in Supply Chain or Operations or related field.
- 5+ years of procurement experience in a high-paced, multi-location environment.
- Tech savvy, with emphasis on systems such as Word, Excel, PowerPoint, JDE/SAP/QlikView, Portal, Insight, IBEE, and Team Center.
- Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
- Analytical skills coupled with intellectual curiosity for root cause and countermeasures.
- Strong project management and team leadership skills with the ability to develop strong support for change with all levels of internal and external organizations.
- Hard-working, results oriented, and motivated to work optimally without direct supervision.
- Knowledge of purchasing systems and principles including experience with, auctions, VA/VE, and other demonstrating tools.
- Critical thinking and ability to be forward looking, envision the potential and long-term goals.
- Ability to lift 30 lbs and sit for long periods of time
- Travel, including overnight, 10 – 20%
- Legal authorization to work in the United States - sponsorship will not be provided for this role.
PREFERRED QUALIFICATIONS THAT SET YOU APART:
- Master`s Degree or equivalent experience in a related field or MBA
- Extensive knowledge of selected commodities.
- Low-cost country sourcing
Flexible Work Schedule – Remote Work Option and Core Hours
This role has the flexibility of a remote work option up to three days a week and a core hour schedule. You can choose to flex your start and stop times given you are working during the core hours of 9:00am - 3:00pm. Our teams work together to ensure our chosen work schedules enable our creativity and efficiency as we serve the needs of our customers.
OUR OFFER TO YOU:
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 encouraging a culture where every employee is valued and respected for their unique experiences and perspectives. We believe a diverse and inclusive work environment chips in to the rich exchange of ideas and diversity of thoughts, that encourages 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.
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