Sr. Commodity Manager

Company: Siemens Industry, Inc.

Location: 7000 Siemens Rd, Wendell, North Carolina 27591

Position Title: Sr. Commodity Manager

Hours: Monday – Friday, 9:00 am to 5:00 pm, 40 Hours/ Week

Summary of Duties: Develop supplier relationship, conduct eRFQs/ eAuctions, negotiate pricing and participate in supplier performance improvement. Collaborate with key suppliers to expand knowledge of category and identify opportunities for improvements resulting in a joint benefit to the company and supplier. Leverage supplier expertise and/or technology in an effort to harness improvements in reducing total costs. Collaborate with global and regional commodity management while optimizing company-wide buying power by reviewing the financial, quality, pricing, on- time delivery, and service level of suppliers. Develop and negotiate contractual agreements to provide price protection and supply security in consultation with legal, business and technical functions. Execute requirements per terms of the agreements. Review project specific product specifications to determine alternate supplier material to introduce enhanced competition. Engage in technical discussions with internal and external partners on assigned commodities. Analyze and propose design to cost opportunities and manage through to completion. Engage suppliers in an effort to provide long-term solutions to quality issues. Develop and lead quality agreement negotiations. Provide recommendations specific to the category being sourced. Coordinate cross functional and business discussions to drive continuous improvement opportunities throughout the organization. Monitor quality and delivery performance of key suppliers. Develop supplier relationships resulting in optimized supply chain efficiencies and security of supply. Evaluate supplier's capabilities and capacities while implementing plans to ensure adequate supply of goods and services. Negotiate agreements with suppliers that mitigate or spread the overall risk. Implement the procurement aspects of the Siemens Product Lifecycle Process for new product development as needed. Involve the supply base knowledge at an early stage in order to optimize the quality, manufacturability and cost position on new products. Approximately 5% travel required. Hybrid work permitted.

Qualifications: The position requires an Associate’s degree or foreign equivalent in International Business or a related field and eight (8) years of experience in the job offered, or as a Commodity Manager, Commodity Specialist, or an acceptable alternate occupation. Employer will also accept a Bachelor’s degree or foreign equivalent in International Business or a related field and six (6) years of related experience. The position requires five (5) years of experience with the following: Supply Chain experience in electrical products business. Position requires experience with the following: experience with Excel and PowerPoint; experience negotiating with suppliers; understanding of entire supply chain and cost drivers; commercial skills and experience (market analysis, cost analysis, risk management, vendor management, negotiation) and contracting skills and experience (contract negotiation, legal knowledge, communication, attention to detail, project management); experience with data and financial analysis; experience with cross functional/organizational project management and facilitation (internal and external).