Director Commodity Risk Management Jobs in Pawtucket, RI

SUMMARY:

The Commodity Manager is responsible for developing, establishing, and executing optimal commodity & sourcing strategies for global raw materials. Establish & enhance Supplier relationships through skillful negotiating and relationship development to drive sourcing & supplier initiatives to meet or exceed product quality, service & deliver sustainable cost reductions, and reduce risk in the Supply Chain. Responsible for collaborating with internal stakeholders and aligning on optimal sourcing strategies to develop and implement a Commodity Strategy for the assigned category.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:

• Identify raw material sourcing strategies and negotiate pricing and delivery to ensure uninterrupted flow of raw material to H&V facilities through effective supply base management.
• Identify alternate suppliers and coordinate qualification trails and supplier workshops with key suppliers.
• Utilize strategic sourcing, make x buy, and total cost analysis strategies to drive suppliers and spend including online auctions to effectively manage the commodities.
• Strategically manage raw materials spending; ensure quality, sourcing, and commodity strategies are in place, competitively priced, and compliant with any laws/regulations and working capital levels meet or exceed corporate objectives.
• Identify cost savings opportunities and manage cost reduction activities to achieve a minimum of 5% annual cost reduction goal with supply chain leadership, utilizing a formal strategic sourcing process.
• Collect and analyze market and supplier data, develop sourcing options for review and concurrence by the applicable business unit, and implement approved strategies timely to capture savings and value to the business.
• Gain supplier involvement in supplier management to drive continuous improvement and productivity.
• Lead cross-functional team(s) in the identification of alternative products and suppliers, facilitate qualification trials, and conduct supplier management to drive continuous improvement.
• Work with the regions to ensure the global strategy implementation.
• Be an escalation point for the Supply chain team at the plant levels regarding any supplier related topic.
• Negotiate global contracts.
• Execute and revise the Supplier Segmentation process to implement the SRM strategies for all global suppliers
• And other related duties as assigned or required.

EDUCATION AND EXPERIENCE:

• BS/BA degree required. MBA preferred.
• Minimum of seven (7) years’ experience in raw material sourcing and procurement, preferably in engineered papers and nonwovens related industry.
• Excellent background in supplier risk management, commodity strategy development/execution, contract negotiations, and manufacturing operations.

SPECIFIC KNOWLEDGE, SKILLS, LICENSES, CERTIFICATIONS, ETC:

• Analytical Mindset and Excel skills
• Thorough knowledge of suppliers globally and global sourcing strategies; including low-cost country sourcing experience, and good knowledge of energy and logistic markets.
• Excellent financial acumen, ability to analyze budgets, international exchange rates, and financial ramifications of contracts, and the ability to measure success and show results in the bottom line.
• Excellent organization capabilities and project management skills.
• Strong negotiation skills
• Ability to work in a matrix environment.
• Ability to have continuous improvement

PHYSICAL REQUIREMENTS AND ENVIRONMENT:

• This position may be based at a corporate office or a remote location
• Travel required approximately 20–30% of the time.
• Ability to manage across time zones and communicate with global supply chain partners.

Hollingsworth & Vose is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, sexual orientation, gender identity or expression, religion, national origin, marital status, age, disability, veteran status, genetic information, or any other protected status.