1 Commodity Buyer Job in Plymouth, MI
Tenneco is Hiring a Commodity Buyer Near Plymouth, MI
- Understand and effectively communicate to internal / external stakeholders global business trends & drivers (technological, market dynamics & business footprints)
- Segment and define supply base to support trends and drivers
- Collect cost breakdowns from incumbent and potential new suppliers to enlarge pricing structure knowledge and visibility
- Develop and define commodity strategies to achieve corporate, purchasing & BU goals / objectives
- Should include supply base rationalization, development & spend management/segmentation for geographic considerations, Best Cost Country (BCC), Localization objectives, BU/plant-specific needs, new technologies, marketing/product strategies and cost management goals
- Facilitate commodity strategy meetings to cross-functional/cross-business audience
- Act as the Business Plan, forecast and strategic plan manager for the BU
- Utilize commodity expertise and Commodity strategies to create/update Business Plans and Strategic Plan Metrics: incl. Cost reduction, interim negotiations, BCC objectives, supplier performance objectives, advanced technology drivers
- Serve as single-point-of-contact for Plan development, forecasts, and reconciliation.
- Provide recover mechanisms for cost drives, when necessary
- Develop Supplier Partnerships/Strategic Alliances as necessary to support/enhance commodities strategies
- Serve as focal point for escalation of all supplier relationship issues
- Drive supplier approval process
- Maintain supplier status relating to scorecards, business drivers and developmental needs (where applicable)
- Manage/drive commodity review of projects for all relevant commodity activities
- Manage ad hoc cross-functional teams (incl. BU and Purchasing functions)
- Manage/drive supply base consolidation and rationalization to increase negotiation leverage and efficiency
- Capitalize on all purchasing opportunities, future & current, to create the highest leverage across commodities
- Set negotiation strategy and direction for commodity negotiation settings, include appropriate team members
- Manage cost recovery, as necessary
- Drive cash flow improvements initiatives (payment terms negotiations, consignment stock agreements, stock level rationalization, shortening LT, etc.)
- As Contract Sponsor, negotiate, create, maintain & enforce all commodity supplier contracts
- Maintain price tables and/or manage requisitions for pricing related to commodity contracts/negotiations
- Determine contract turnover levels and related criteria for approval. Store contracts according to Federal-Mogul Corporation policy
- Coordinate with Corporation legal team to ensure contractual obligations minimize risk to the Company
- Purchasing participant on Advanced Technology projects related to commodities – negotiate upfront with supplier technology partners to mitigate downstream risk
- Utilize Advanced Technology knowledge to set technological direction for commodity strategies
- Able to accommodate BU/plant-specific and geographical commodity requirements.
- Comply with the safety and environment requirements and responsibilities.
- Possess knowledge of supply market trends and characteristics (e.g., associations, trade publications and indexes, etc.)
- Excellent interpersonal and communication skills
- Proficient experience in the use of Microsoft Office Software, with advanced level ability in the use of Excel & Power Point
- Fluent in English language, any other language skills will be a plus
- Business School Degree / degree in engineering with knowledge in Materials Management or Logistics. A Master Degree would be an asset
- Minimum of 3-5 years’ experience in Purchasing/Procurement and / or a Materials Management related field with a preference towards high volume manufacturing related Non- Ferrous Metal, Chemical, Resins, Fibers, Rubber, & Mineral industries
- Demonstrated background and proven experience with high level supplier negotiations and materials management
Job Summary
Full Time
Durable Manufacturing
$75k-90k (estimate)
04/17/2024
06/15/2024
tenneco.com
LAKE FOREST, IL
>50,000
1888
Public
BRIAN J KESSELER
$10B - $50B
Durable Manufacturing
Related Companies
About Tenneco
Tenneco is an Illinois-based designer and manufacturer of exhaust systems and components for gasoline, diesel and electrified powertrains.
The job skills required for Commodity Buyer include Purchasing, Initiative, Futures, Leadership, Pricing, Microsoft Office, etc. Having related job skills and expertise will give you an advantage when applying to be a Commodity Buyer. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Commodity Buyer. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Commodity Buyer positions, which can be used as a reference in future career path planning. As a Commodity Buyer, it can be promoted into senior positions as a Buyer III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Commodity Buyer. You can explore the career advancement for a Commodity Buyer below and select your interested title to get hiring information.
Similar Jobs
Popular Articles
