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Commodity Manager
Company | Arrow Electronics |
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Location | Denver, CO, USA |
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Salary | $84300 – $105287.82 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Mid Level, Senior |
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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.