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Global Commodity Manager - Owatonna Minnesota
Company: Wenger Corporation
Location: Owatonna, Minnesota
Posted On: 04/17/2024
Job DetailsJob Location Corporate Headquarters - Owatonna, MNRemote Type Hybrid -Travel Percentage Up to 25%Job Shift Office HoursDescription This is a hybrid position which requires working out of our headquarter facility in Owatonna, MN and remotely / from home. Therefore, candidates must reside within reasonable drivable distance to our facility. In addition, this position requires up to 25% travel.
Wenger Corporation is a privately held, leading manufacturer of high-quality music education, performing arts and athletic products. Choosing between working for a large or small company can require some unfortunate trade-offs. Wenger Corporation is the sweet spot you didn't believe was possible. As a 550-employee, international market leader, we provide the generous benefits and wellness programs you need, the opportunities for development and advancement you desire, and the corporate growth you rely on. And we by wrap it all in a family-owned, small-company culture where your voice is heard, your name is known, and your impact is felt. Blending the best of big and small companies. That's Wenger Corporation.
Our Global Commodity Manager will contribute to Wenger Corporation's focus on enhancing competitiveness, strengthening resilience, and meeting the evolving demands of our customers and stakeholders by proactively managing key commodities. This position will manage commodities, rather than leading people or direct reports.
At a minimum you will need:
- Bachelor's Degree in Supply Chain Management, Operations, or Business Administration or equivalent experience
- 5+ years of procurement / sourcing experience in a manufacturing environment with large and small-scale, complex, and/or regional/global categories of spend
- Proficiency with Microsoft Office Suite of products
- Ability to travel up to 25%
It would be great if you also have:
- Strong data analytical skills
- Experience with Lean tools & methodologies
- Proficiency withEpicor
- ISM Certification
As a Global Commodity Manager, a typical day may include:
- Overseeing and managing the sourcing, procurement, and supply chain activities related to a broad spectrum of commodities on a global scale
- Building necessary supply chains to support New Product Development and strategic growth initiatives across product lines
- Developing and implementing strategies to ensure the availability of commodities at the right cost, quality, and quantity
- Creating and executing commodity strategies to drive cost savings opportunities, increase spend under contract, improve DPO and inventory metrics, and shorten lead times to support various value streams
- Working closely with suppliers, negotiating contracts and monitoring market trends and managing risks associated with commodity price fluctuations
- Managing Wenger Corporation's supply base by sourcing, selecting, and negotiating commodity agreements for both current and future suppliers
- Executing RFX activities to assess cost competitiveness of current supply base as well as support supplier selection
- Leading supplier relationship management efforts through performance evaluations and quarterly reviews
- Establishing preferred supplier criteria and implementing strategic partnerships with key suppliers
- Increasing awareness of viable suppliers across industries to mitigate single source risks and limitation
- Resolving supplier disputes and any commodity-related issues
- Collaborating with cross-functional teams to optimize supply chain efficiency and drive cost saving
- Studying market trends and identify risks and opportunities by geographical area when sourcing and procuring commodities
- Working closely with Purchasing team to maintain continuity of supply
- Supporting development of new work processes to better align with cross-functional teams
Benefit offerings include:
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