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Commodity Manager

Jonathan Lee Recruitment
Posted a day ago, valid for 9 days
Location

Peterborough, Northamptonshire PE8 4QX

Salary

£50,000 - £60,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The Commodity Manager position is based in Oundle, Peterborough, and requires a degree and CIPS qualification with a minimum of 5 years of experience in commodity management.
  • The role involves taking ownership of commodity groups, sourcing materials, negotiating contracts, and enhancing the company's supply chain efficiency.
  • Key responsibilities include developing commodity strategies, driving cost reduction initiatives, and managing supplier relationships to optimize performance.
  • The position offers a strong salary and benefits package, emphasizing the importance of negotiation skills and strategic thinking.
  • Candidates should possess exceptional communication skills and a proven track record in managing complex projects and supplier performance metrics.

Commodity Manager

Bespoke, low volume, high value manufacturing

Oundle, Peterborough. Onsite role.

Strong salary and benefits package.

Step into a pivotal role where you’ll take full ownership of commodity groups, driving the sourcing of materials, negotiating competitive commercial contracts, and fuelling the company’s supply chain to meet its ambitious cost and cash goals. Collaborating closely with key functions, you’ll lead strategic initiatives across direct categories, becoming an essential player in the company’s success.

Key Working Relationships

Category Buyers, Project Team, Design, Head of Procurement, Suppliers, Finance, Production, Sales

Main Duties

Master Commodity Strategies: Develop and maintain both global and local commodity strategies, becoming the go-to expert in each category. Collaborate cross-functionally to bring these strategies to life.

Champion Cost Reduction: Drive a culture of relentless cost and price reduction to maximize efficiency and profitability.

Build Supplier Long-Term Agreements: Craft long-term supplier agreements, setting targets that cover Quality, Cost, and Delivery (QCD) performance.

Enhance Payment Terms: Negotiate improved payment terms to optimize cash flow.

Adopt a Should-Cost Approach: Use cost data insights to shape strategic purchasing decisions and maximize value.

Leverage Supplier Relationships: Use the full supplier toolkit to unlock opportunities, especially in a small/medium volume business.

Issue RFQs: Align supplier quotes with business requirements through effective Request for Quotation (RFQ) processes.

Champion Best Practices: Collaborate with suppliers to implement industry-leading practices, enhancing the end-to-end supply chain.

Manage Supplier Risk: Identify potential supplier risks and deploy mitigation strategies to protect the business.

Lead Supplier Performance Reviews: Conduct regular Quarterly Business Reviews focusing on QCD to keep performance on track.

Resolve Supplier Issues: Act as the escalation point for supplier performance challenges.

Health & Safety Compliance: Ensure adherence to all company policies and legal health and safety regulations.

Key Requirements

  • Degree educated
  • CIPS qualified
  • 5+ years of experience in commodity management
  • Proven negotiation expertise
  • Strategic thinker with a passion for cost savings and process improvement
  • Experience managing complex projects
  • Skilled in QCD supplier performance metrics
  • ERP/MRP experience
  • Track record in setting up vendor stocking arrangements
  • Exceptional communicator with a results-driven approach
  • Ability to thrive under pressure

Your CV will be forwarded to Jonathan Lee Recruitment, a leading engineering and manufacturing recruitment consultancy established in 1978. The services advertised by Jonathan Lee Recruitment are those of an Employment Agency.In order for your CV to be processed effectively, please ensure your name, email address, phone number and location (post code OR town OR county, as a minimum) are included.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.