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Commodity Manager

Commodity Manager

CompanyArrow Electronics
LocationDenver, CO, USA
Salary$84300 – $105287.82
TypeFull-Time
DegreesBachelor’s
Experience LevelMid Level, Senior

Requirements

  • Bachelor’s degree in supply chain management, Business Administration, or a related field.
  • Minimum of 3-5 years of experience in commodity purchasing or supply chain management.
  • Strong negotiation and contract management skills.
  • Excellent analytical and problem-solving abilities.
  • Proficiency in procurement software and tools.
  • Effective communication and interpersonal skills.
  • Ability to work independently and collaboratively in a fast-paced environment.
  • Knowledge of market conditions and trends in relevant commodities.

Responsibilities

  • Develop and implement strategies for the procurement of designated commodities to meet company objectives.
  • Monitor and analyze market trends, supply chain risks, and pricing fluctuations to make informed procurement decisions.
  • Establish and maintain strong relationships with suppliers, negotiate contracts, and ensure compliance with terms and conditions.
  • Identify opportunities for cost savings and process improvements within the supply chain.
  • Collaborate with inventory management teams to ensure the timely and cost-effective delivery of materials.
  • Identify and mitigate risks related to commodity supply, including developing contingency plans.
  • Preparing regular reports on procurement activities, supplier performance, cost savings, and market trends; using data to inform decision-making and strategy adjustments.
  • Track and report on key performance indicators (KPIs) related to commodity procurement.
  • Work closely with other departments, including production, finance, and quality assurance, to align procurement strategies with overall business goals.

Preferred Qualifications

    No preferred qualifications provided.