Commodity Manager
Saronic
Saronic Technologies is a leader in revolutionizing autonomy at sea, dedicated to developing state-of-the-art solutions that enhance maritime operations through autonomous and intelligent platforms. JOB OVERVIEW The Commodity Manager is responsible for overseeing the sourcing and procurement of materials and components within a specific commodity category, ensuring cost-effective and efficient supply chain operations. This role works closely with internal stakeholders, suppliers, and cross-functional teams to drive supplier performance, optimize inventory, mitigate risks, and manage commodity strategies that align with the organization's business objectives. RESPONSIBILITIES - Commodity Sourcing and Procurement: Lead sourcing and procurement activities for assigned commodity groups, including raw materials, components, or services. Establish and maintain strong relationships with key suppliers to ensure reliable and cost-effective supply chains. - Cost Management and Optimization: Develop and implement cost-saving strategies and continuous improvement programs. Negotiate prices, contracts, and terms with suppliers to optimize cost structures while maintaining quality standards. - Supplier Relationship Management: Collaborate with suppliers to ensure on-time delivery, high-quality standards, and continuous improvement in performance. Monitor supplier performance using key performance indicators (KPIs) and implement corrective actions when necessary. - Inventory Management: Work closely with inventory and logistics teams to ensure appropriate inventory levels are maintained for materials and components. Minimize excess inventory and reduce supply chain bottlenecks. - Risk Management: Identify and manage risks within the supply chain, including supply disruptions, price volatility, and supplier reliability. Develop contingency plans to mitigate potential supply chain disruptions. - Cross-functional Collaboration: Work closely with product development, engineering, operations, and finance teams to align commodity strategies with organizational goals and ensure smooth coordination across departments. - Market Analysis and Trends: Monitor and analyze market trends, commodity pricing, and supply chain dynamics to anticipate changes in the marketplace. Provide strategic recommendations to senior management based on market intelligence. - Compliance and Sustainability: Ensure that all procurement activities comply with company policies, legal requirements, and sustainability objectives. Support initiatives related to ethical sourcing and environmental responsibility. - Reporting and Analytics: Prepare regular reports and dashboards on commodity performance, supplier status, cost savings, and market conditions for senior leadership and stakeholders. QUALIFICATIONS - Bachelor’s degree in Supply Chain Management, Business, Engineering, or related field (Master's degree or certifications like CPSM, APICS, or CPIM preferred). - 5+ years of experience in supply chain management, procurement, or commodity management, ideally in a manufacturing or production environment. - Strong negotiation, communication, and interpersonal skills. - Demonstrated experience in supplier relationship management and contract negotiations. - In-depth knowledge of commodity markets, pricing, and global sourcing strategies. - Strong analytical and problem-solving skills. - Proficiency with supply chain management software (ERP, SAP, Oracle, etc.) and Microsoft Office Suite. - Ability to work in a fast-paced, cross-functional environment. - Experience in strategic sourcing and category management. - Knowledge of Lean, Six Sigma, or other process improvement methodologies. - Familiarity with global supply chain logistics and trade regulations. PHYSICAL DEMANDS - Prolonged periods of sitting at a desk and working on a computer - Occasional standing and walking within the office - Manual dexterity to operate a computer keyboard, mouse, and other office equipment - Visu