Global Commodity Manager

Job description
Job Location : Chennai Ambattur
• Execute sourcing strategy in line with supply chain / business strategy
• Execute sourcing capabilities to drive make vs buy decision-making at component as well as FG level. Execute strategic sourcing partnerships to deliver on cost reduction, spend consolidation, improved DPO, Inventory and improved quality
• Partner with suppliers and factory to improve OTD / reduce lead time to market Analyze right market trends, take required actions and influence decision-making in factory
• Evaluate best sourcing options and develop alternate sources for at least 50% + items to drive cost and availability improvement
• Work on sourcing saving projects and work with stake holders to continuously improve high impact savings pipeline
• Segment and define supply base to support trends and drivers
• To expand pricing structure knowledge and visibility
• Possess knowledge of supply market trends and characteristics (e.g., associations, trade publications and indexes, etc.)
• Develop and define commodity strategies to achieve corporate, purchasing & BU goals and objectives
• Should include supply base rationalization, development & spend management/segmentation for geographic considerations, Best Cost Country (BCC), Localization objectives, BU/plant-specific needs, new technologies, marketing/product strategies and cost management goals
• Facilitate commodity strategy meetings for a cross-functional/cross-business audience
• Utilize commodity expertise and Commodity strategies to create/update Business Plans and Strategic Plan Metrics: incl. Cost reduction, interim negotiations, BCC objectives, supplier performance objectives, advanced technology drivers
• Provide recovery mechanisms for cost drives when necessary
• Develop Supplier Partnerships/Strategic Alliances as necessary to support/enhance commodities strategies
• Drive supplier approval process
• Manage/drive commodity review of projects for all relevant commodity activities
• Manage ad hoc cross-functional teams (incl. BU and Purchasing functions)
• Manage/drive supply base consolidation and rationalization to increase negotiation leverage and efficiency
• Utilize supply base knowledge to manage risk to supply potentially caused by financial instability or insolvency at individual suppliers or related to supplier’s customer bankruptcy proceedings
• Set negotiation strategy and direction for commodity negotiation settings; include appropriate team members
• Manage cost recovery as necessary
• Drive cash flow improvements initiatives (payment terms negotiations, consignment stock agreements, stock level rationalization, shortening LT, etc.)
• Maintain price tables and/or manage requisitions for pricing related to commodity contracts and negotiations
• Determine contract turnover levels and related criteria for approval
• Store contracts according to ESAB/GCE Corporation policy
• Coordinate with ESAB/GCE legal team to ensure contractual obligations minimize risk to the Company
• Purchasing participant on Advanced Technology projects related to commodities—negotiate upfront with supplier technology partners to mitigate downstream risk
• Utilize Advanced Technology knowledge to set technological direction for commodity strategies
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