Commodity Manager

Purchasing, Procurement & Inventory (Manufacturing, Transport & Logistics)

• To lead and manage Cohu MY Commodity Management in sourcing by developing and implementing an effective commodity strategy that aligns with the relevant stakeholders across multi-functional teams to achieve the best possible cost, material supply continuity and flexibility meeting quality requirements.

2. RESPONSIBILITIES:

• Lead and manage a team of commodity management, providing guidance, support, and mentoring to ensure team effectiveness and individual growth
• Set clear objectives and performance targets for the team, monitor progress and provide regular feedback to foster continuous improvement
• Commodity Strategy:
  • Establish, develop and execute commodity strategy with strategic sourcing plans for assigned commodities to optimize cost, quality, and supplier performance
  • Identify cost-saving opportunities through supplier consolidation or rationalization, negotiation, process optimization, and value added/value engineering
  • Drive long term sustainable competitiveness
  • Collaborate with cross-functional teams including engineering, operations, and finance to align commodity strategy with broader business goals
• Evaluate and select suppliers based on criteria such as Commercial, Partnership and Collaboration, Delivery & Operational Support, Quality, Risk & Compliance, and Innovation & Technological Capabilities
• Establish and maintain strong relationships with key suppliers, conducting regular performance reviews and addressing any issues or concerns promptly
• Market Analysis - regular assessment of market trends, market pricing changes, competitor activities and supplier capabilities to anticipate changes and proactively mitigate risks to the supply chain
• Contract Negotiation:
  • Negotiate contracts and agreements with suppliers to secure favorable terms and conditions while mitigating risks
  • Ensure compliance with legal and regulatory requirements in contract terms and conditions
  • Monitor and enforce agreements compliance
  • Ensure no lapse of contractual coverage
  • Drive continuous improvement in contract management processes to enhance efficiency and effectiveness
• Cost Management:
  • Analyze total cost of ownership for assigned commodities, identifying opportunities for cost reduction and value enhancement
  • Monitor commodity price trends and market dynamics to make informed decisions and mitigate cost fluctuations
  • Develop and implement cost-saving initiatives, such as alternative sourcing and supply chain optimization projects
• Supplier financial risk analysis
• Supply assurance, agility and stability
• Safeguard against operational setbacks

3. REQUIREMENTS AND QUALIFICATIONS:

• Education : Minimum of a Bachelor’s degree or equivalent field.
• Experience : Minimum of 5 years’ experience in Commodity/Category Management, Strategic Sourcing, Procurement or Engineering.
• Skills/Technical Requirements : 
• Proficient in Excel, Power Point, Word. Experience in Material Resources Planning (MRP system), Oracle, SAP, Ariba, Power BI etc. analytical skills
• Capable of converting data into information that can be utilized to make key decisions.
• Ability to work collaboratively as a cross-functional team member with other functions of Supply Chain, Manufacturing, Quality, Engineering, Project, Spares and Product.

DESIRED BEHAVIOURS:

Communication and Negotiation

• Comfortable communicating well on a one-on-one basis as well as with medium to large sized groups, demonstrating flexibility and tailoring presentation to target audience
• Convey information clearly and concisely to ensure the audience remains focused on agenda items. You explain benefits to stakeholders to gain acceptance of any change by giving relevant information, analyses and making sound and confident recommendations
• Adjust your style and behavior appropriately to secure the best outcome
• Recognize when an agreement cannot be reached, you develop a plan lead to BATNA (Best Alternative To Negotiated Agreement) being achieved
• Develop trust in difficult scenarios amongst all parties involved in a negotiation process
• Able to persuade senior colleagues/stakeholders to change leadership position or approach to better fit a situational need

Relationship Management

• Include the entire team in decision making process when developing mission and goals for the organization or project
• Able to lead a cross functional team to create new systems or process

Strategic Relationship

• Review and gather information from relevant sources to support development of a strategic plan
• Develop and implement policy by determining target audience, building coalitions with the appropriate stakeholders, and developing a budget

Continuous Improvement & Challenging Status Quo

• Solicit periodic feedback to continually improve the quality of your work
• Regularly visit other work site to gain understanding of staff functions and daily tasks

Take the lead on initiatives for increasing skills of the team and self.

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