What are the responsibilities and job description for the Commodity Manager position at Komatsu?
Komatsu is an indispensable partner to the construction, mining, forestry, forklift, and industrial machinery markets, maximizing value for customers through innovative solutions. With a diverse line of products supported by our advanced IoT technologies, regional distribution channels, and a global service network, we tap into the power of data and technology to enhance safety and productivity while optimizing performance. Komatsu supports a myriad of markets, including housing, infrastructure, water, pipeline, minerals, automobile, aerospace, electronics and medical, through its many brands and subsidiaries, including TimberPro, Joy, P&H, Montabert, Modular Mining Systems, Hensley Industries, NTC, and Gigaphoton.
Job Overview
The nature of this position is to:
- Develop specific global category strategies for single or multiple categories of spend. i.e. Electronics, Steel, Raw Materials, Etc.
- Standardize Contracts and Master Purchase agreements for 80% of category purchase.
- Coordinate activities across all applicable regions to identify and qualify suppliers capable of providing products and services to meet business requirements, ensuring productivity, continuous improvement and negotiated lowest total cost of ownership.
- Lead and participate in team collaboration where category management expertise is required. Ensure category strategy is understood, supported and implemented.
- Monitor supply markets and commodity trending for competitive changes and prepare cost models for respective category.
- The primary owner of the Supplier Relationship Management for strategic supply base within gtven category.
- Be a leader and work independently to establish strategy timeline, managing deliverables, and ability to appropriately identify and escalate issues when needed.
- Drive continuous performance and process improvements.
Key Job Responsibilities
Commodity Manager - Hay Points 536
- Perform high-level global category analysis (Full spend and segment spend into sub-category if needed).
- Sourcing Strategy and Negotiation - Develop and implement the commodity sourcing strategy through analysis of the global markets, raw materials trends, technology, value chain analysis, and long term sourcing plans.
- Perform industry research to identify qualified supplier candidates to meet category needs Benchmark best in class suppliers.
- Perform 'Should Cost Analysis' cost models for each category group to fully understand cost make-up.
- Understand type of supplier relationship required, ongoing oversights of suppliers relationships with responsibilities for all commercial aspects including negotiations, contracts, partnerships, etc.
- Develop plans for partnership relation management for selected supplier.
- Communicate and conduct regular reviews and meetings with suppliers, regions, and group personnel at all management levels. Work with suppliers and regional teams to resolve open local issues.
- Monitor various supplier performance metrics including related value elements, performance trends and risk analysis to ensure category strategy is working and corrective action taken when needed.
- Drive continuous improvement cost reductions through the life of the supplier contracts.
- Review supplier performance in accordance to established metrics. Report monthly results to user groups along with recommendations to correct deficiencies (i.e. own the relationship with the supplier).
- Ensure delivery against savings targets at require quality levels.
- Manage, maintain and update all Supplier contracts.
- Evaluates and utilizes E-sourcing tools.
- Strong influence and communication abilities across diverse cultures.
Qualifications/Requirements
Typically a Bachelor’s degree in Business or related Engineering function with at least 8-10 years of related Global professional experience in Purchasing, Strategic Sourcing, and/or manufacturing operation environments.
The position requires a broad knowledge and thorough understanding and experience commodity knowledge, and experience in category or commodity management with strong negotiation skills, demonstration of supplier relationship management and leadership capabilities
Very self-motivated, must be a good communicator with strong analytical skill and the ability to build a highly professional working relationship with each supplier and internally to promote maximum benefit of the supplier agreements.
Minimum 5 years of experience managing people in a corporate environment ideally within supply chain management.
Additional Information
Key Skills – Required by Komatsu
COLLABORATION
Working together with one or more people to complete a project or task or develop ideas or processes.
ADAPTABILITY
Having the ability to adjust to changes in their environment.
HUNTER MENTALITY
A combination of traits that can help someone achieve their goals with consistency and precision.
BUSINESS ACCUMEN
Having the ability to understand business situations and make sound decisions that lead to successful outcomes.
APPLICATION OF KNOWLEDGE
Being able to use what you’ve learned to make decisions and complete tasks in different situations.
LEADERSHIP
The ability to guide, influence or lead others to accomplish a shared goal.
Komatsu is an Equal Opportunity Workplace and an Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
