Commodity Manager

Artera Services, LLC; Fleet; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading service provider in the UK is seeking a highly skilled Commodity Manager. This role involves developing and executing category strategies to drive cost efficiency. The ideal candidate has a relevant degree, strong negotiation abilities, and over 5 years of experience in a similar role. Excellent analytical skills and proficiency in Excel are required. This position offers an exciting opportunity to impact bottom line performance.

Qualifications

• Bachelor's degree in supply chain, business administration, or relevant field.
• 5+ years of experience as a Senior Buyer or Category Manager.
• Strong analytical skills for interpreting complex data.

Responsibilities

• Develop and implement comprehensive category strategies.
• Manage supplier relationships and negotiate terms.
• Analyze procurement spend for cost savings.

Skills

Negotiation skills

Analytical skills

Data management

Communication skills

Vendor management

Education

Bachelor's degree or advanced degree

Tools

Excel

Job description

Overview

We are seeking a highly skilled and motivated Commodity Manager to join our dynamic team. As a Commodity Manager, you will be responsible for developing and executing category strategies while driving cost efficiency within your assigned product category. Your expertise in product knowledge, acquisition strategies, total cost analysis, and supplier management will be essential in achieving our business objectives. This is an exciting opportunity to play a key role in leading strategic sourcing and acquisition strategies that will enhance asset utilization and directly impact bottom line performance.

Responsibilities

• Category Strategy Development: Develop and implement comprehensive category strategies aligned with overall business objectives. Identify market trends, customer (BU) preferences, and competitive landscape to drive innovation and value within the category. Stay current on the latest cost benchmarking, supply management best practices and world-class spend management strategies.


• Supplier Management: Identify, evaluate, and build alliances with strategic suppliers while nurturing existing supplier relationships. Negotiate favorable terms and conditions, including pricing, discounts, and product support. Collaborate closely with suppliers to drive innovation, quality improvement, and supply chain efficiencies. Lead negotiations with strategic vendors to secure favorable terms, pricing, and exclusive deals. Drive cost savings initiatives while maintaining high-quality standards.


• Spend Management: Analyze procurement spend and create cost estimates and forecasts. Assess cost impact(s) of new contracts and pricing structures and conduct financial analysis to negotiate favorable terms while driving cost efficiencies. Collaborate with Operations to plan and execute category objectives to maximize asset ROI and utilization.


• Supply Management: Develop and execute supply planning strategies, ensuring on-time product availability while minimizing excess costs and gaps in operational needs. Collaborate with suppliers and internal cross-functional teams, including BU Operations, Fleet, and Finance to ensure on-time demand fulfillment for critical assets.


• RFX Management: Issue, manage and execute RFX processes for assigned categories. Analyze request for quote (RFQ) responses, evaluating and negotiating agreements based on total cost of ownership.


• Cross-functional Collaboration & Leadership: Collaborate with internal stakeholders across numerous departments to develop and deliver strategic initiatives related to category assets. Lead and support change management efforts within business units to leverage strategic vendor programs adoption and synergy.

Ideal Requirements

• Bachelor's degree or advanced degree in supply chain, business administration, construction management, finance, or relevant field.


• Advanced ability to cleanse, analyze, and manage large amounts of data in Excel.


• 5+ years of experience as a Senior Buyer or Category Manager.


• Familiarity with managing both direct and indirect spend categories.

Requirements

• Bachelor's degree. Advanced degree is a plus.


• Proven experience as a Commodity Manager or in a similar role.


• Strong analytical skills with the ability to interpret complex data and market trends.


• Excellent negotiation and vendor management abilities.


• Demonstrated experience in developing and executing successful category strategies.


• Solid understanding of cost reduction strategies, promotional planning, and strategic sourcing principles.


• Proficiency in using data analysis tools and software for market research and performance analysis.


• Strong communication and interpersonal skills with the ability to collaborate effectively across teams.


• Entrepreneurial spirit and results-oriented mindset with a focus on driving business growth and profitability.


• Willingness to travel approximately 20% of the time.