What are the responsibilities and job description for the Global Commodity Manager position at LG Energy Solution Michigan, Inc.?
Global Commodity Manager
Position Overview
We are seeking a highly skilled Global Commodity Manager to lead our procurement and supply chain strategy for high-value, medium voltage inverters. This role will focus on developing strategic supplier relationships, creating and managing contracts, generating RFP’s, and executing purchase orders to support our exceptional growth in grid scale energy storage integration.
Primary Responsibilities
Category Strategy Development:
- Generate RFP’s and execute supplier selection processes to optimize total cost of ownership and supplier alignment with quality and performance standards.
- Monitor and refine key performance indicators (KPIs) to drive supply chain efficiency and cost savings.
- Develop and implement a long-term roadmap for strategically sourcing medium voltage inverters for grid scale energy storage systems.
Supplier Relationship Management:
- Build and maintain strong partnerships with critical suppliers to foster collaboration and innovation.
- Develop strategies to enhance supplier performance and reliability.
- Monitor supplier performance and lead key supplier Business Reviews.
Contract Management:
- Ensure Master Supply Agreements achieve LG ESVT’s goals of cost management, quality, and service while maintaining supplier accountability.
- Responsible for contract lifecycle management, including enforcing LG ESVT/Supplier obligations and leading timely action on contract renewal/termination decisions.
Purchase Order Execution:
- Lead procurement processes from requisition and Purchase Order issuance through delivery.
- Drive agenda for weekly meetings with strategic suppliers, to ensure all LG ESVT teams are aligned for project execution with these suppliers.
Risk Management:
- Identify and mitigate supply chain risks, including supplier financial stability, supplier quality, and geopolitical concerns.
- Proactively address potential supply chain disruptions, including maintaining cadence with alternative suppliers.
Qualifications
- 5 years of experience in supply chain management, with a focus on strategic sourcing and commodity management.
- Strong product background in batteries, medium voltage transformers, inverters, or other relevant commodities for energy storage integration.
- Proven expertise in supplier negotiation, contract management, and relationship building.
- Strong analytical and problem-solving skills, with proficiency in supply chain management software and data analytics tools.
- Excellent communication and leadership skills, with experience in mentoring and developing high-performing teams.
- Proven ability to develop and nurture strategic relationships within the renewables sector, complemented by a strong and extensive professional network.
Key Competencies
- Strategic Thinking: Ability to develop and implement procurement strategies that support company growth and cost efficiency.
- Relationship Management: Skilled in managing complex relationships with stakeholders and suppliers, while collaborating effectively across functions.
- Risk Assessment: Proficient in identifying and mitigating supply chain risks proactively.
- Innovation and Process Improvement: Drive continuous improvement in supply chain practices.
Education Experience
- B.S. in Engineering, Supply Chain Management, or a related field; MS/MBA preferred. Significant relevant industry experience may be considered in lieu of advanced degrees.
Travel:
• 20% (if local), 40% (if remote)
Reporting Structure:
• This position reports to the Senior Manager – Strategic Sourcing
Salary : $130,000 - $150,000