Commodity Management Job Description
Commodity management
provides feedback and make recommendations to Global Commodity Managers, Purchasing Management, Operational Buyers and other senior staff concerning supply impacts and industry trends.
Commodity Management Duties & Responsibilities
To write an effective commodity management job description, begin by listing detailed duties, responsibilities and expectations. We have included commodity management job description templates that you can modify and use.
Sample responsibilities for this position include:
Work effectively with Technology, Supplier Quality, and site materials personnel on resolution of material shortage escalations, quality issues, supply disruptions and End of Life (EOL)
Manage supplier selection process and ensure supplier selections are based on sound selection criteria based on feedback from the manufacturing sites, the SSCM organization, and the customer
Maximize deflation / cost savings on assigned buy via negotiation, e-auctions, redesigns, direct and sub-tier component cost reductions identifying and taking advantage of best cost country
Support New Product Introduction (NPI ) activities by driving utilization of preferred suppliers and parts
Collaborate with Product Management to ensure positive value gap is maintained for the business
Lead supply base consolidation and suppliers’ lead-time reduction initiatives on assigned commodities
Train & educate teams while mentoring them through the MVT process
Facilitate & drive cross functional collaboration & alignment between Procurement, Quality, Engineering on 3-5yr strategic roadmaps ensuring that they align to the Platform & Product Roadmaps
Facilitate setting & tracking of KPIs & key actions across commodities
Support knowledge building & gap closure through coordinating analytical support with the global analyst team & facilitating Global Workshops
Commodity Management Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Commodity Management
List any licenses or certifications required by the position: CPM, PMP, APICS, CPSM, ISO9000, ISM, IACCM, CPIM, CSCP, PMI
Education for Commodity Management
Typically a job would require a certain level of education.
Employers hiring for the commodity management job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Engineering, Business, Education, Supply Chain Management, MBA, Management, Business/Administration, Finance, Technical, Economics
Skills for Commodity Management
Desired skills for commodity management include:
Technology and supply/demand trends
Technology
Purchasing practices and procedures
Supply/demand and emerging trends
Earned Value Management Systems
Purchasing principles and procedures
Manufacturing
Mechanical commodities
Procurement and electronics industry
Visual Basic an asset
Desired experience for commodity management includes:
Be passionate about doing a good job, possessing a ‘Hands-on’ and ‘can do’ mentality
7+ years of relevant experience in commodity management
Ability to handle multiple tasks and resolve conflicts in a timely manner
Proficiency in BOM management
BA/BS degree in engineering or other relevant field
Minimum of 3 years of Sourcing and / or Commodity Management experience
Commodity Management Examples
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Commodity Management Job Description
Job Description Example
Our company is hiring for a commodity management. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for commodity management
- Drive sharing of learnings & best practices across commodities Globally
- Drive Leadership Reviews & knowledge sharing throughout the corporation on a regular basis
- Facilitate the development & usage of the central knowledge center for all team data & information
- Drive robust linkage of Global & Regional strategic roadmaps
- Ensure that the MVT process is fully embedded in the new Product Leadership and Product Development process
- Responsible for daily monitoring of company specific, market and economic factors, which may influence the internal, risk rating of borrowers
- For assigned accounts, responsible for oversight of covenant compliance, protect the bank and minimize credit costs, facility closing due diligence, legal documentation and ongoing monitoring of Credit Approval conditions, if any, and oversee borrowing base reports, collateral reports and covenant check sheets prepared by the collateral manager to protect the bank and minimize credit costs
- Watch for potential client credit deterioration, taking necessary proactive actions in concert with account officers
- Prepare credit risk hedging recommendations
- Spend > $3.0 Billion annual
Qualifications for commodity management
- Leading alignment meetings between procurement and the business units
- Compliance with Kraft Heinz Procurement and Commodity Risk Management policies
- Proven management skills at developing high performance employees managing performance problems
- Applicants must in-depth knowledge of commodity structured trade products ( Pre-Export, prepayment, warehouse finance ), risks, mitigants & customers
- Strong understanding of the global markets and issues likely to impact on effective delivery and/or risk management, on customer satisfaction and revenues
- Negotiate global spend for HES to exceed customer contractual CR expectations and maximize Material Margin
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Commodity Management Job Description
Job Description Example
Our company is searching for experienced candidates for the position of commodity management. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for commodity management
- Present Cost Savings proposals to management, SSCMs and customers as requested
- Continually identify and implement new opportunities for Cost Savings and Cost Avoidance and proactively track the progress toward these objectives
- Develop global commodity strategies with defined plans for cost savings, risk assessment and mitigation, and service level agreements
- Establish and manage long term supplier relationships
- Lead in the development and execution of negotiation strategies with suppliers, including specific targets for pricing, service, quality, and inventory
- Define and review the Preferred Supplier List taking into account supplier performance, print position and easy of doing business in order to establishing sourcing strategies and consolidate the supply base
- Negotiate, implement, and provide ongoing management of supply agreements, working with Legal to establish and execute optimal contract terms and conditions with suppliers
- Provide rigorous analysis of spend data and market trends and dynamics to prioritize and launch sourcing initiatives within designated spend/commodity categories
- Address all areas of commodity management including commodity business plans, global market and pricing analysis and procurement support
- Contribute to development of the company's strategic commodity objectives and goals
Qualifications for commodity management
- Must be proficient in speaking and writing Spanish and Portuguese (English is given)
- Advanced supplier selection/management skills
- Financial knowledge (P&L analysis)
- Advanced knowledge of architecture-related topics such as architecture modeling, documentation, standard compliance, security
- Preparation of periodic client revenue and profitability reports and forecasts ongoing, active management of pipeline activity, including pipeline reporting, account plans
- A minimum of 3 years of related work experience in a Wholesale Banking setting
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Commodity Management Job Description
Job Description Example
Our company is looking to fill the role of commodity management. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for commodity management
- Solve issues and developing new solutions requires new and innovative approaches
- Have the authority to guide others in different approaches
- Present to top leadership in the business solutions (SEB, Sr.VP) on sourcing and purchasing discipline and business solutions
- Work with cross business teams
- Regularly advise management in the function and/or in the business
- Have a supportive role in decision making about important subjects
- Present to leaders in the business solutions or functional area on functional discipline and business solutions
- Have major influence on small business unit or Family within a Function or P&L
- Lead complex and multidisciplinary projects realizing major changes in the organization
- Safeguarding of a market-leading performance position at competitive costs for respective material fields, derived from business requirements and overarching SCM Strategy – in order to generate an optimized contribution to business performance
Qualifications for commodity management
- Identify needs, set strategy, conduct source selections (RFI / RFPs), negotiate and manage the company’s portfolio of master service agreements providing B2B MRO Support, Chemical & gas products various facility support services and products (including security services, furniture, and office supplies)
- 10 years Supply Chain experience with related Bachelor’s degree or 8 years Supply Chain experience with related Master’s degree or 6 years Supply Chain experience with related PhD
- Prior experience in both Indirect
- Candidate with less experience would be considered as Commodity Management Advisor
- Five (5) + years of post-qualification experience within SAP Commodity Trading & Risk Management working in a multinational organization or consulting organisation, specializing in design and configuration of relevant SAP Commodity Trading & Risk Management modules
- Minimum three (3) full life cycle implementation of relevant SAP Marketing modules required as a design lead
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Commodity Management Job Description
Job Description Example
Our innovative and growing company is looking for a commodity management. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for commodity management
- Tracks new technology development for assigned products/suppliers
- Identifies suppliers that provide relevant technology for products
- Initiate and expedite targeted cost reduction programs
- Strategically manage and optimize the supply network (pooled direct)
- Actively drive application of technical levers for sustainable cost and value optimization
- Implement material field specific benchmarking and best practice sharing with the continental/regional organizations, with external partner companies with competitors to further improve procurement within the material field
- Select, manage, assess, develop and coach employees in the area of responsibility to ensure long-term corporate success with motivated staff
- Act as the direct partner link to the management of the business units / corporate functions
- This position requires the candidate to work as a member of the team or independently
- This is a supply chain associate role within SCM Operations supporting our CCS customers for Enterprise and Communication
Qualifications for commodity management
- University degree, ideally Engineering, Science or Economics based
- At least 5 years’ experience in HDPE, PP and PET procurement, risk management or trading within Plastics area
- Experience on large-scale change management projects
- Advanced Excell Modelling (incl
- Profound English language skills (written and spoken)
- At least 5 years of relevant, full-time work experience
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Commodity Management Job Description
Job Description Example
Our growing company is looking to fill the role of commodity management. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for commodity management
- Responsibility would also involve tracking, analyzing and reporting on key measurements along with preparation and coordination of the monthly operations review
- Support individual requests of team members for assistance with customer requested information, analytics, supplier proposals and/ or presentation material
- The candidate must be able to successfully communicate with both the local and global team members
- This is a supply chain associate role within SCM Operations supporting our ATS customers for Industrial, Healthcare, Energy and Aerospace & Defense
- Create an optimized supply base which is aligned with the Commodity strategies and develop/lead appropriate supplier engagement mechanisms that add value to the business
- Extensive experience within Commodity Management, Trading & Risk Management space specialising in the design and architecture of SAP and non-SAP solutions, in a commodities or oil & gas industry
- Track record of success contributing to the delivery of large, complex projects in modules relevant to the CTRM area
- Competent architectural designer with detailed knowledge of relevant design standards
- Proven in-depth understanding of CTRM business processes
- Manage projects in a matrix organization across the globe
Qualifications for commodity management
- Wide Cultural adaptability, Change Oriented, Flexible and Mobile (Traveling up to 20%)
- Ability to work in a Matrix and Network Organizational Model Good influencing Capability
- Supply chain management bachelor’s degree or MBA
- Bachelor’s Degree (Agronomy, Engineering, Economy) required
- 5 or more years of experience in Commodities is required
- Strong knowledge about agricultural commodity markets required