Sr. Commodity Manager jobs in United States
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Ferrotec · 5 hours ago

Sr. Commodity Manager

Ferrotec (USA) Corporation is a technology company with a worldwide presence in various end products and industries serving primarily the semiconductor industry. The Senior Commodity Manager is responsible for leading the development and execution of advanced commodity strategies to ensure a resilient supply chain, manage supplier relationships, and drive cost optimization while maintaining quality and compliance.

Advanced MaterialsEnterprise SoftwareFinanceInformation TechnologyManufacturing

Responsibilities

Develop and implement global commodity strategies to optimize cost, mitigate supply risks, and ensure supplier performance
Serve as the executive point of contact for key supplier relationships, driving collaboration, innovation, and quality improvements
Lead high-level contract negotiations, including long-term agreements, NDAs, and supply agreements, in collaboration with Legal
Drive cross-functional sourcing strategies with Engineering, Quality, Operations, and Finance to align supply chain goals with product development and business objectives
Oversee commodity team performance, mentoring staff in supplier management, negotiation, and sourcing practices
Establish supplier scorecard frameworks and lead quarterly business reviews with critical suppliers
Anticipate and proactively address market shifts, commodity pricing trends, and potential supply disruptions
Lead the development and implementation of dual-sourcing and business continuity strategies for critical commodities
Manage supplier qualification and additional equipment/tooling validation to ensure timely delivery and compliance with customer requirements
Promote continuous improvement by introducing innovative sourcing methods, advanced analytics, and technology tools to enhance supply chain efficiency
Develop and oversee pricing strategies, cost modeling, and benchmarking to achieve cost savings and value creation
Represent the commodities function in executive-level meetings, providing insights and recommendations for strategic decision-making

Qualification

Commodity managementStrategic sourcingContract negotiationSupplier relationship managementGlobal sourcingAnalytical skillsLeadership experienceERP/MRP systemsAdvanced procurement toolsCommunication skillsCollaboration skillsProblem-solving skills

Required

Bachelor's degree in Supply Chain, Business, Engineering, or related field
8–10+ years of experience in commodity management, strategic sourcing, or supply chain management
Proven experience in contract negotiation, supplier relationship management, and global sourcing
Strong leadership experience, with 3–5 years managing teams or leading cross-functional projects
Advanced knowledge of commodity markets, cost drivers, and risk management strategies
Excellent communication, collaboration, and executive presentation skills
Strong analytical and problem-solving abilities with a focus on continuous improvement

Preferred

Global sourcing experience with international suppliers
Experience in high-tech, electronics, or contract manufacturing environments
Familiarity with ERP/MRP systems and advanced procurement tools
Ability to influence and drive change across complex organizations

Benefits

Medical
Dental
Vision
Life & Disability
401K Matching
Flexible Work Hours
Tuition Reimbursement
Leadership Development
Travel and Hotel Discounts
Paid Time Off
Sick & Wellness and Volunteer Time
Employee Recognition Program
Employee Engagement & Appreciation Events hosted throughout the year
Virtual Wellness Activities and Classes available to all employees & family members
Much More!

Company

Ferrotec

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Ferrotec is a manufacturing company that provides component, material, and system solutions for semi conductor and electronic industries.

Funding

Current Stage
Public Company
Total Funding
$74.64M
2022-07-19Post Ipo Equity
2022-06-30Post Ipo Equity· $74.64M
2013-07-16IPO

Leadership Team

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Shauna Brock
HR Business Partner
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Company data provided by crunchbase