Commodity Risk Manager Jobs in Minnesota (NOW HIRING)

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Learn about our benefits designed for you to Thrive at work and at home.

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Where is the work:

This position can be based in Minneapolis, MN or Arecibo (PR).

Job Summary:

Project leader responsible for multiple procurement projects across our Thermo King Trailer platform, working with cross-functional teams to build and execute project implementation plans to drive procurement strategies, productivity, and continuous improvement. Partner with Commodity teams and business to develop project charters/plans, lead ideation events, ability to breakdown benefits to the business between productivity and cost avoidance, and resource requirements. Responsible for supporting and leading active projects, participating in MDIs, eliminating roadblocks, supporting plant material and quality escalations and supporting work for financial month-end reporting. Identify gaps to goals and collaboratively develop and support countermeasures and activities to close the gap and exceed targets and escalate issues to leadership as appropriate. Support PGT goals by leading and executing resourcing, NPD, quality and VAVE projects. Liaison and work to align strategies between commodity management and business unit requirements.

Role Description:

Manage, coordinate and work with suppliers and internal stakeholders to meet project timelines and company financial goals.

Responsibilities:

Responsible for procurement goals and metrics including productivity, risk mitigation, supplier quality, on time delivery, and addressing any gaps in achieving targets.

• Project manager for multiple procurement projects, working with cross-functional teams and applying standard work to execute implementation plans for productivity, continuous improvement, new product development (NPD) projects, source change and VAVE programs.
• Ensure alignment of commodity strategies with Business Unit, Engineering platforms and Product Management plans and requirements. Responsible for communicating and coordinating plant and Business Unit specific strategies with commodity teams.
• Evaluate Trane Technologies business needs against supplier capabilities in order to select the preferred suppliers who meet quality, cost, and delivery requirements; leverage commercial knowledge to navigate and manage supplier relationships and contracts.
• Responsible for accurate forecasting and reporting of procurement financial metrics including productivity and inflation. Support the development of the Annual Operating Plan for productivity projects, targets and initiatives.
• Active participant in business unit/plant productivity gate reviews ensuring that required cross-functional resources are allocated to execute projects as outlined.
• Participate in and represent Procurement function during plant or product Value Analysis/Value Engineering (VAVE) or Major Model Review (MMR) events. Responsible for aligning and driving actions.

Qualifications:

Bachelor's degree in supply chain management, finance or engineering preferred with minimum 5+ years of previous work experience in a diversified industrial company in the areas of procurement, supply chain, engineering, project management, and/or operations.

Strong understanding of the procurement processes at an operational and leadership level.

• Demonstrated ability for independent thinking, managing ambiguity and multi-tasking. Proven ability to plan pro-actively, anticipate issues and have excellent problem resolution with little assistance. Excellent follow-through. Proficiency in computer applications including industry-related software and tools (i.e. Excel, MS Project, Powerpoint)
• Excellent written and verbal communication skills. Strong influencing and negotiating skills across functions. Possess strong interpersonal and relationship building skills. Ability to lead, develop and motivate project teams.
• Experience in international sourcing experience, leading complex cross functional projects a plus. Experience in supplier development, supplier relationship management, supply chain leadership, and/or supplier quality a plus.
• Fluent in English and Spanish preferred.
• Ability to travel up to 20%.

Annual Base Salary Range or Hourly Base Pay Range:

Compensation Type:

Incentive Eligible:

Sales Commission Eligible:

Disclaimer: We strive to provide competitive compensation for this position, tailored to a variety of factors. The actual compensation will depend on elements such as seniority, merit, geographic location, education, experience, travel requirements, and union designation. Our compensation range is generally based on the national average for the country. Additionally, benefits may vary depending on the region, business alignment, union involvement, and employee status.

Thrive at work and at home:

• Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives - WE DARE TO CARE!
• Family building benefits include fertility coverage and adoption/surrogacy assistance.
• 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution.
• Paid time off includes 15 vacation days, 9 paid holidays, 3 floating holidays, sick leave, and additional options to support volunteer and parental leave.
• Educational and training opportunities through company programs along with tuition assistance and student debt support.

Disclaimer: Benefit offerings may vary depending on Collective Bargaining Agreements and local/state regulations.

Safety Sensitive Role:

The company designates certain roles as Safety Sensitive. Safety Sensitive roles may require that you pass additional drug screening.

We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.