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Commodity Manager - The Toro Company - Perry Oklahoma
Company: The Toro Company Location: Perry, Oklahoma
Posted On: 04/17/2024
Who Are We?------ -The Toro Company is a homegrown, Minnesota-based company that has been in business since 1914. We pride ourselves on providing world-class equipment to help maintain the environment that we love, while putting an emphasis on giving back to the communities that surround us. From residential lawns and gardens, to venues such as St Andrews Links and Target Field, we are a company with a global footprint and a passion for helping people beautify whatever landscape they may be in. With 100 years of operation under our belt and an average employee tenure of 15 years,---come find out what makes The Toro Company the best place in the Twin Cities to build a career. -Job Summary The Commodity Manager I is a highly visible and impactful sourcing team leader, collaborating with multiple positions both within and outside the Integrated Supply Chain (ISC) to help achieve its goals of Operational Excellence and Sustainability. The Commodity Manager I's major responsibilities are the development, implementation, and execution of Commodity strategies to reduce the total cost of ownership (TCO). - The Commodity Manager I will also be responsible for cultivating, managing, and maintaining strategic supplier relationships, as well as implementing and maintaining continuous improvement projects. The Commodity Manager I position is a valuable strategic role within the global sourcing department, contributing significantly to the long-term goals as well as day-to-day operations. -What Will You Do?--- -In order to grow and build a successful career with The Toro Company, you will be responsible for:--- - - Develop and execute cost reduction strategies to reduce TCO through cross-functional collaborations and supplier negotiations/partnerships. - -
- Maintain and present Commodity strategy to sourcing leadership. - -
- Coordinate and implement supply agreements, Long Term Agreements (LTA), Warranty Agreements, and collaborative partnerships. - -
- Serve as an internal resource and liaison to other areas within the organization regarding supplier capabilities, technologies, market conditions, and business risk/opportunities. - -
- Manage supplier performance through various metrics such as on-time delivery (OTD), supplier report cards, and quality notifications (QN). -
- Lead cost negotiations, payment term discussions, and contract implementations with strategic suppliers. - -
- Track, report, and reconcile all material price variants (MPV)/purchase price variants (PPV) to ISC and Finance leadership. -
- Effectively communicate with internal and external customers on all aspects of Commodity. -
- Support escalation process by engaging suppliers as well as TTC manufacturing facilities. - - -
- Develop and implement lean strategies that align with TTC Operational Excellence and Sustainability goals through methods such as KanBan, Vendor Managed Inventory (VMI), stocking agreements, etc. -
- Support TTC Digital Transformation objectives. -
- Support multiple areas of the parts procurement process within TTC's MRP/ERP system. -
- Provide direction and support to team regarding Commodity strategy. -
- Confidently present to all organization levels within the company. -
- Ability to troubleshoot issues of varying complexity as they arise. -
- Lead & support various intradepartmental process improvement projects. - -Note: The responsibilities and tasks outlined in this document are not exhaustive and may change as determined by the needs of the company.What Do You Need?--- -To be considered for this role, an individual should meet the following minimal requirements:
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