What you would be doingsupplier performance
manage supply base
cost optimization
vendor contracting
market analysis
cross-functional coordination
OurSloan's Commodity Manager is based in our Franklin Park, IL facility. In this role you will be responsible for the strategic development and management of the supply base for commodity(s) used to build our products and maintain facilities. This position is responsible for optimizing costs, quality and delivery in the support of Supply Chain's customers.
- Develop system to define expectations and measure supplier performance on Quality, logistics, Tech; and Cost. Continuously monitor and evaluate Suppliers.
- Develop Commodity with all relevant information on the market, products and suppliers in order to support procurement and engineering.
- Oversee vendor responsibilities outlined in the contract and statement of work.
- Maintain market awareness as to changes in prices, trends in supply/demand.
- Financial/Quantitative Analysis: Understand and develop financial rationale for "make vs. buy" decisions. Establish and maintain cost reduction and process improvement programs.
- Establish new suppliers as needed for new development programs, working with Engineering and Quality to ensure adherence to Sloan requirements.
- Maintain aggressive follow-up process to ensure quality and schedule compliance.
- Develop and manage a Supply Base that builds long term strategic relationships with key supply partners that provides Sloan with the best competitive advantage.
- Contract Management: Negotiate favorable contracts and Long Term Agreements
- Analyze, suggest and implement innovative supply opportunities and strategies
- Interface with Production, Planning, QA, Finance, Sales, and Engineering, to achieve the smooth flow of goods and services to Sloan in order to maintain committed schedules to customers.
- Procures assigned commodities as required through approved sources of supply assuring that the following criteria is met: Competitive pricing, On-time delivery (to required support), All engineering and technical criteria is negotiated based on program requirements, Blanket and/or long term agreements developed, Purchasing policies and procedures are adhered to, and Adherence to customer requirements when applicable per contract.
- Strategic Thinking: Understand how the interrelationship of processes, technologies, and people create results. Create mutually beneficial opportunities for company and the vendor using this information.
What you bring8+ years
bachelor's degree
contract negotiation
sap erp
communication
value-engineering
- E-Sourcing and/or online reverse auction a plus
- 8+ Years Buying and/or vendor management experience
- Knowledge of purchasing policies and procedures and corporate national agreements
- Familiarity with commodities to be purchased, and market conditions
- Knowledge of commodity specific, processing and all related information necessary to communicate effectively internally and externally
- Knowledge of the mechanics of blanket orders and long term agreements
- Flexibility and creativity in developing new methodology and ideas to achieve cost reduction and/or efficiencies in operation
- Relationship Management: Understand vendor business and internal processes co-develop initiatives to improve communication and transactions, be an advocate of the vendor internally, and maintain quarterly business reviews with key providers.
- Demonstrates clear, professional, and respectful verbal and written communication in all interactions, consistent with an inclusive work environment.
- Be well-versed in key contract terminology.
- Expert level experience working with Microsoft Excel.
- Contract negotiation skills
- General knowledge of manufacturing, basic knowledge of blue prints reading
- Technical expertise in managed commodity processes, capable of understanding and continuously improving supplier value stream.
- Bachelor's Degree
- Low-cost region sourcing experience
- Advanced level experience working with SAP ERP Business System.
- Value-Engineering experience
BenefitsOur compensation range reflects our good faith estimate of what an ideal candidate can expect, but final agreed upon compensation will always be based on the individual candidate’s experience, skills, qualifications, and other job-related or market factors that may prove relevant during the hiring process.
Growth Opportunities : We invest in our employees’ professional development with ongoing training and career advancement opportunities.
The compensation range for this U.S.-based position is $120,000 - $134,000 annually.
This position is eligible to participate in the company incentive plan. The terms and conditions of the company incentive plan will be provided to plan participants on an annual basis.
- Generous Time Off: Paid Holidays, Volunteer Time Off, Paid Time Off, Sick Leave, Military Leave, Parental Leave, Bereavement Leave, and other paid or unpaid state/local leaves where required.
- Health Savings Account (HSA ): With company contributions for most medical plan options.
- Retirement Savings : 401(k) Retirement Savings Plan with a company match and immediate vesting.
- Convenient Commuter Benefits : Save on your daily commute.
- Work-Life Balance: Hybrid Work Program to support your flexibility.
- Additional Protection: Optional Life, Critical Illness, Hospital Indemnity, Legal, Pet Insurance, and Identity Theft Protection.
- Employee Referral Program : Earn rewards for referring great talent.
- Wellness Support: Employee Assistance Plan and Wellness Programs to keep you healthy and happy.
- Financial Security : Basic Life, Basic Accidental Death and Dismemberment, Short-term Disability, Long-term Disability, and Accident Insurance.
- Professional Development: Tuition Reimbursement Program to help you grow your skills.
- Flexible Spending Accounts : Dependent Care FSA to help manage your expenses.
- Comprehensive Health Coverage: Medical (including prescription coverage), Dental, and Vision Insurance, effective the first of the month following your hire date.
Training + DevelopmentInformation not given or found