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Commodity Manager
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Country: USA
Location: Minnesota-Minneapolis Minneapolis, MN 55401
Total applied: 40 Job Category:Logistics/Transportation
Relevant Work Experience:2+ to 5 Years
Education Level:Bachelor's Degree
Location:Minneapolis, MN 55401
Status:Full Time, Employee
Occupations:Merchandise Planning and Buying;Purchasing;Supplier Management/Vendor Management
Career Level:Manager (Manager/Supervisor of Staff)
Relevant Work Experience:2+ to 5 Years
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Commodity Manager
Commodity Manager
Graco Inc. is a leading manufacturer of products that move, measure, control, dispense, and spray a wide range of fluids and viscous materials used in lubrication, commercial and industrial settings. Headquartered in Minneapolis, Minnesota, Graco employs over 2,000 people worldwide. Our vision is to provide value for our shareholders, customers, distributors, and employees.
The Commodity Manager will manage all aspects of Graco’s global sourcing strategy, including ensuring annual improvement in the total cost, quality, and service for the assigned commodities. Must fully understand the business units and manufacturing requirements, and implement a procurement process to meet specific needs and effectively and creatively use supplier resources early in the design process and to bring new technologies to Graco.
Principal Activities/Duties:
· Implement sourcing strategies to support corporate and divisional objections, providing Graco a competitive advantage in the areas of materials, supplies, and services.
· Locate, analyze, and develop a consolidated supplier base to meet current and future commodity needs.
· Negotiate and manage all contracts and agreements for assigned commodities in accordance with Graco's objectives, policies and procedures.
· Manage suppliers, cost, quality, and delivery performance.
· Understand, track, and forecast the key cost drivers for assigned commodities.
· Implement appropriate sourcing strategies to control Graco’s purchased material costs and to assure an adequate source of supply.
· Support new product development from the concept stage through successful product launch.
· Support the Planners and other manufacturing partners on tactical needs, as required.
· Drive continuous improvement in all aspects of the procurement process.
· Provide work direction to Buyer Assistants.
Essential Qualifications:
· BA/BS degree in Business, Engineering, Materials Management or equivalent.
· MBA desired
· CPM certification helpful
· 5 years materials or manufacturing experience.
· Minimum of 4 years purchasing experience.
· Previous experience in a leadership position desired
· Knowledge of Graco products including cost drivers, commodity market conditions, and pricing.
· Technical expertise for design considerations through materials, processes, and applications.
· Ability to handle difficult negotiations.
· Ability to create and execute contracts, agreements, and business plans.
· Excellent verbal and written communication skills.
· Interpersonal skills to correspond effectively with all levels of the organization.
· Experience in analysis and resolution of complex sourcing problems requiring multi-functional participation.
· Ability to perform detailed commodity studies and market research worldwide.
· PC and related software (Word, Excel, Access, Database Management, etc.) experience.
Graco offers attractive compensation, benefits, and opportunities for both professional development and career progression. Graco’s comprehensive benefits include stock purchase plan, 401(k) and tuition reimbursement. Our expectations are high, that’s why we are always looking to hire the brightest and the best!
For more information, visit www.graco.com or to submit your resume for consideration, please go to http://www.recruiternet.net/graco/jobboard/listJobs.asp
Graco’s common stock is listed on the NY Stock Exchange at GGG.
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