Global Commodity Manager Job at Loram (Hamel)

Global Commodity Manager

Loram

Location:
United States , Hamel

Category:
Manufacturing

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

The Global Commodity Manager leads and supports development, implementation, and management of sourcing strategies that optimize supplier partnerships, drive performance objectives, and provide optimal flexibility, quality, delivery and lowest TCO. They deliver value and competitive advantage as measured by customer satisfaction, project execution, value improvement, innovation, and risk mitigation. They build relationships with suppliers; plan, execute and finalize sourcing strategies for product and manufacturing operations; work closely with stakeholders to identify and execute potential opportunities that drive value. They drive strategy development, cost management/reduction targets, and coordinate sourcing activities to support project initiatives. They work with teams to create an efficient and innovative partnership across all functions and levels. They are responsible for $50M-$60M direct spend.

Job Responsibility:

Leads and supports development, implementation, and management of sourcing strategies that optimize supplier partnerships, drive performance objectives, and provide optimal flexibility, quality, delivery and lowest TCO
Deliver value and competitive advantage as measured by customer satisfaction, project execution, value improvement, innovation, and risk mitigation
Build relationships with suppliers
plan, execute and finalize sourcing strategies for product and manufacturing operations
work closely with stakeholders to identify and execute potential opportunities that drive value
Drive strategy development, cost management/reduction targets, and coordinate sourcing activities to support project initiatives
Work with teams to create an efficient and innovative partnership across all functions and levels
Responsible for $50M-$60M direct spend

Requirements:

Define and execute a sourcing calendar of initiatives for assigned categories based on business plans with support from stakeholders, market conditions and terms of outstanding contracts
Establish collaborative relationships with departments to define requirements for Direct and Indirect products and services with a focus on fundamental needs balanced with innovation and financial constraints
Understand and track the key input cost drivers and market factors for assigned commodities, provide countermeasure concepts, forecast, and maintain costing and should be cost model
Provide category knowledge and market expertise for assigned spend and continuously learn new technologies, processes, and industry best practices that deliver value
Drive sourcing value by leveraging market knowledge, supplier optimization, predictable and industry leading pricing plans, RF(x)and (TCO) cost modeling through transparent SRM
Create and implement SRM programs that include developing performance measures and scorecards, tracking and reporting against performance metrics, conducting timely supplier performance reviews, and taking corrective and recognition action
Establish SRM strategies to deliver against goals and achieve sustainable supplier relationships
Apply best-in-class practices and trends to create forward-thinking category and SRM strategies, including the implementation of technology/ analytical tools
Execute, leverage, and deploy sourcing levers across all spend to create a competitive advantage
Lead all aspects of supplier negotiations with business partners in drafting and executing contracts that protect the business interests and provide best value
Oversee and advise on contract structure, terms and conditions, and performance-based contracting with suppliers
Seek opportunities for cost containment and/or improvement. Develop performance metrics, benchmarks and utilize best practice sourcing within the category portfolio
Lead cross-functional team of department owners and other stakeholders, through the end-to-end sourcing process (identification through implementation) and coordinate engagement

What we offer:

Flexible Work Policy
Employees receive 30 workdays annually to work remote

Additional Information:

Job Posted:
March 25, 2026

Employment Type:

Fulltime

Work Type:

Hybrid work

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