Commodity Manager

We are seeking a highly experienced and detail-oriented Commodity Manager with a strong background in procurement and expertise in the commodity market. The ideal candidate will have at least 5-10 years of relevant experience and a proven ability to drive cost savings, manage supplier relationships, and implement strategic sourcing initiatives. This role is pivotal in ensuring the efficient procurement of goods and services to meet organizational objectives while maintaining a high level of confidentiality due to the sensitive nature of vendor negotiations and market strategies. Key Responsibilities: Strategic Procurement: Lead the development and execution of procurement strategies for key commodities, ensuring alignment with business goals and market trends. Supplier Management: Develop and maintain strong relationships with suppliers to ensure best-in-class pricing, quality, and delivery performance. Monitor supplier performance and negotiate contracts to secure the best terms. Market Analysis: Conduct in-depth analysis of commodity markets, including price trends, risk factors, and supply-demand dynamics, to inform purchasing decisions. Cost Savings Initiatives: Identify and implement cost-saving opportunities through negotiations, process improvements, and value analysis. Risk Management: Develop and execute strategies to mitigate risks associated with commodity price fluctuations, supply chain disruptions, and supplier reliability. Compliance & Ethics: Ensure that all procurement activities are conducted in compliance with company policies, ethical standards, and regulatory requirements. Team Leadership: Manage and mentor a team of procurement professionals, providing guidance on best practices, negotiation techniques, and strategic sourcing. Reporting & Analysis: Prepare detailed reports and analysis on purchasing activities, market conditions, and cost-saving initiatives for senior management. Key Qualifications: Bachelor’s degree in Supply Chain Management, Business Administration, or related field. Minimum of 5-10 years of procurement experience, with a focus on commodity markets. Demonstrated experience in strategic sourcing, supplier management, and contract negotiations. Strong analytical skills, with the ability to interpret market data and trends to make informed purchasing decisions. Excellent communication and interpersonal skills, with a proven ability to build relationships with internal stakeholders and suppliers. Ability to work under pressure and manage multiple priorities in a fast-paced environment. SAP, MRP, ERP or other forecasting application experience required Proficiency in procurement software and tools, with strong Microsoft Excel skills. Professional certifications such as Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM) are a plus.

Location: Canada, CA

Posted Date: 11/6/2024