Commodity Manager

About the job

Job Purpose: Evaluate & Develop Supplier, New component with consistent quality, delivery & at competitive cost for stamping Parts, Plastic, Rubber Parts for Compressors. Apply Strategic commodity plan to mitigate supply chain risk and drive direct material velocity improvement & Cost Reduction programs. Work towards influencing suppliers to optimize quality, cost, manufacturability & sustainability. Key Responsibilities: • New Supplier & Component Development: • Components Development at existing or New Suppliers • Supplier Development • Conduct e-Sourcing for Components • Supplier Outreach from Supplier base horizon • Work with Sales, Operations, Quality & Engineering team • Implement Engineering changes to maintain costs • Integrate with Engineering for newly designed parts to meet quality; cost requirements • Price Management: • Evaluate Cost details of various components • Negotiate & Finalize Pricing with Suppliers • Ensure competitive cost for Components • Price Management in Software Data base • Prepare Cost Breakdown Documents, Rate Cards • Supplier Agreements/Contracts: • Prepare & Initiate agreements & price contracts with Suppliers • Work with Suppliers to increase Contract Coverage • Document Control & Statutory Records: • Ensure 100% Compliance of Document Control & Statutory Records. Requirements and Attributes: • Bachelor’s in Elecrtical/mechanical/Production Engineering, DBA/MBA is also preferred • Knowledge of Local & Overseas Supply Base • Strategic Mindset, Costing & Negotiations Skills • Problem Solving and Decision Making • Interpersonal Relations, Teamwork and Communications