Commodity Manager

Wurth Industry US
life insurance, paternal leave, paid time off, paid holidays, short term disability, long term disability, tuition reimbursement, 401(k)
United States, Virginia, Roanoke
Apr 10, 2025
Description POSITION SUMMARY: The Commodity Manager is responsible for developing and executing procurement strategies for specific commodities, ensuring cost-effective sourcing while maintaining quality and supplier relationships. This role involves analyzing market trends, negotiating contracts, managing supplier performance, and collaborating with internal teams to optimize supply chain operations. ESSENTIAL DUTIES AND RESPONSIBILITIES: Develop and implement procurement strategies for assigned commodities to achieve cost savings and supply chain efficiency. Identify, evaluate, and manage relationships with key suppliers to ensure quality, reliability, and cost-effectiveness. Negotiate pricing, contracts, and terms with suppliers to secure the best possible agreements while maintaining long-term partnerships. Monitor industry trends, commodity pricing, and supply risks to anticipate changes and adjust strategies accordingly. Drive cost savings initiatives through supplier consolidation, value engineering, and process improvements. Work closely with internal stakeholders (e.g., engineering, , quality teams) to ensure suppliers meet required specifications and quality standards. Identify potential risks in the supply chain and develop mitigation strategies to prevent disruptions. Facilitate the onboarding of new suppliers within the assigned commodity while strategically managing supplier transitions and exits to optimize the supply base. Ensure sourcing activities comply with company policies, ethical standards, and sustainability initiatives. Track supplier performance using KPIs and conduct regular business reviews to drive continuous improvement. Partner with cross-functional teams, including logistics, production, and finance, to align procurement strategies with business objectives. All other duties as assigned. EDUCATION, QUALIFICATIONS, SKILLS & ABILITIES: Bachelor's degree in Supply Chain Management, Business, Engineering, or related field (Master's preferred). 5+ years of experience in procurement, sourcing, or supply chain management. Strong negotiation and contract management skills. Knowledge of global supply markets and commodity pricing trends. Proficiency in procurement software and ERP systems (e.g., SAP, Oracle). Excellent analytical and problem-solving abilities. Strong communication and interpersonal skills for supplier and internal stakeholder management. Ability to manage multiple projects Pay Range: $75,000 - $100,000 Pay is based on several factors which vary based on position. These include labor markets and, in some instances, may include education, skills, work experience and certifications. You may also be eligible to participate in an annual incentive bonus. An incentive bonus, if any, depends on various factors such as organizational performance. The Wurth Difference: Proactive supply chain solutions customized to your business, your industry Industrial products and services delivered with prompt, personal attention Inventory management solutions that keep your production line moving smoothly Complete program support from initial design, to implementation, training, to ongoing analysis Why Wurth: Maternity/Paternal leave after 1 year of service Tuition Reimbursement eligible after 1 year of service Health benefits and programs - medical, vision, dental, life insurance and more Additional benefits 401(k), short term disability, long term disability Paid Time Off, accrued per pay period, additional day earned per year of service 10 paid holidays FIND OUT MORE ABOUT OUR COMPANY CULTURE: LinkedIn: https://www.linkedin.com/company/wurth-industry-usa Facebook: https://www.facebook.com/WurthIndustry YouTube: https://www.youtube.com/@WurthIndustryUSA EEOC STATEMENT: The Wurth Industry North America group of companies are Equal Opportunity Employers and do not discriminate on the basis of an individual's sex, age, race, color, creed, national origin, alienage, religion, marital status, pregnancy, sexual orientation or affectional preference, genetic trait or predisposition, carrier status, citizenship, veteran or military status, and other personal characteristics protected by law. All applications will receive consideration for employment without regard to legally protected characteristics. Wurth will consider qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable federal, state and local laws. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)