What are the responsibilities and job description for the Commodity Manager - Forgings position at Altair Engineering, Inc.?
Transforming the Future with Convergence of Simulation and Data
Commodity Manager - Forgings and Machining
Job Summary:
Our client in Auburn Hills, MI is looking for a Commodity Manager - Forgings. This is a direct hire position.
What You Will Do:
- Strategic Sourcing and Supplier Management
- Develop, execute, and continuously improve the regional sourcing strategy for forgings.
- Identify, evaluate, and develop cost disruptive suppliers to meet quality, cost, delivery, innovation, and sustainability objectives.
- Lead supplier negotiations to secure best-in-class material cost & commercial terms to the company.
- Monitor supplier performance and manage key relationships to ensure continuous improvement, compliance, and risk mitigation.
- Cross-Functional Collaboration
- Work closely with Engineering, Quality, Program Management, and Manufacturing teams to align purchasing strategies with technical requirements and program timelines.
- Cost Management and Benchmarking
- Lead and support annual cost reduction targets and ensure cost competitiveness throughout the product lifecycle, utilizing cost analysis, market intelligence and should be cost.
Stay abreast of market trends, raw material fluctuations, and technological advancements that may impact cost structures.
- Risk and Compliance Management
- Assess and mitigate supply chain risks, including single sourcing, financial stability of suppliers, and geopolitical impacts.
- Ensure all supplier contracts and purchasing activities comply with company policies, industry standards, and legal requirements.
- Support supplier quality audits and escalation processes as needed.
What You Will Need:
Basics:
- Bachelor’s degree in Supply Chain Management, Engineering, Business or related field
- 7 years of progressive purchasing or supply chain experience in the automotive sector.
- Demonstrated expertise in sourcing and managing suppliers for forgings.
- Proven track record of leading complex negotiations and delivering commercial savings.
- Proficiency in cost analysis, should-cost modeling, and total cost of ownership methodologies.
- The ability to travel domestically and internationally as required (approximately 10-20%).
How You Will Be Successful:
- Envision the Future
- Communicate Honestly and Broadly
- Seek Technology and Business “First”
- Embrace Diversity and Take Risks
What We Offer:
- Competitive Salary
- Comprehensive Benefit Package
- 401(k) with matching contributions
- Paid Time Off
- Employee Discounts
- Free training on all Altair products
Why Work with Us:
Altair is a global technology company providing software and cloud solutions in the area of data analytics, product development, and high-performance computing (HPC). Altair enables organizations in nearly every industry to compete more effectively in a connected world, while creating a more sustainable future. With more than 3,000 engineers, scientists, and creative thinkers in 25 countries, we help solve our customer’s toughest challenges and deliver unparalleled service, helping the innovators innovate, drive better decisions, and turn today’s problems into tomorrow’s opportunities.
Our vision is to transform customer decision making with data analytics, simulation, and high-performance computing.
For more than 30 years, we have been helping our customers integrate electronics and controls with mechanical design to expand product value, develop AI, simulation and data-driven digital twins to drive better decisions, and deliver advanced HPC and cloud solutions to support unlimited idea exploration. To learn more, please visit altair.com
Ready to go? #ONLYFORWARD
At our core we are explorers; adventures; pioneers. We are the brains behind some of the world’s most revolutionary innovations and are not only comfortable in new and unchartered waters, we dive headfirst. We are the original trailblazers that make the impossible possible, discovering new solutions to our customer’s toughest challenges.
Altair is an equal opportunity employer. Our backgrounds are diverse, and every member of our global team is critical to our success. Altair’s history demonstrations a belief that empowering each individual authentic voice reinforces a culture that thrives because of the uniqueness among our team.