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Designation - Commodity Manager

Location - Naroda

Responsibilities

Manage and own defined commodity group like Oil-Lubricants, Drives, Refrigerant system commodity and other Mechanical commodities
Responsible for developing & executing detailed commodity strategy:

Assess Opportunity and analysis for commodity including spend segmentation, commodity maturity, cost drivers, and supply market analysis
Develop Sourcing Strategy for commodity detailing projects, sourcing levers (Resourcing, Localization, LCC), timing, resources, and expected benefits
Accountable for execution of sourcing projects including RFx, continuous improvement, consolidation, etc.
Responsible for defining negotiations strategy including supplier profiles, commercial negotiations targets, defining switching costs, and building Total Cost of Ownership (TCO)

Conduct or support negotiations and supplier selection - accountable for contract life cycle management and compliance
Responsible for delivering commodity productivity through price, value analysis (VA) or continuous improvement projects - responsible for supporting regional/sector counterparts
Support supplier segmentation, Supplier Relationship Management (SRM) and quarterly supplier reviews for all strategic suppliers within commodity. Scribe for all quarterly reviews and key supplier meetings. Ensure creation of supplier profiles for all SRM suppliers.
Responsible for commodity continuity of supply - engage with plants to efficiently resolve escalated issues and formally manage and secure supplier capacity
Support region/sector NPD Procurement teams and tendering team through preferred supplier programs, RFQ's, and SRM to set and meet program QCD targets
Actively monitor and mitigate supplier risk including financial, capacity, quality, and compliance
Drive Supplier consolidation program and can be able to drive Net working capital through Pay term improvement, Supplier Inventory and Manage Long term supplier agreements
Responsible for forecasting, reporting, mitigating, and recovery of commodity inflation
Global Sourcing
Support Quarterly Commodity Reviews (QCR) including updated projects, metrics, strategy, and countermeasures
Identify and engage with internal stakeholders (Engineering, Operations, Quality) to capture commodity requirements and ensure supplier qualification and quality - partner with regional teams to efficiently transition suppliers as needed

Qualifications

Bachelor's degree in engineering with 15+ years of working experience in Strategic Sourcing or supply chain
Good command of English language and good command of Microsoft Office Suite required
Excellent customer service: commitment to solve problems and requests, understanding of the customer needs, business and priorities.
Excellent problem-solving abilities. Solves the majority of problems with no/minimal supervision. Recognizes developing problems and brings them to the attention of others to ensure the appropriate solution is reached / decision is taken.
Phone etiquette awareness
Knowledge of Oracle R12 and SAP MM module software
Must be able to work well and adapt to change in a fast-paced environment.
Excellent written, verbal and interpersonal communication skills.
Must have ability to work well in a virtual team environment and effectively collaborate across multiple teams.
Understands business processes and can relate actions to business outcomes.
Ability to analyze and document complex business processes
Knowledge of ISO Standards

Key Competencies

Demonstrated strong customer service orientation and applied knowledge in supply chain management
Solid interpersonal skills with the ability to influence and motivate associates and to interact with various departments throughout the organization
Team oriented proactive change agent with a hands-on, collaborative approach in implementing and maintaining operating disciplines while leveraging lean methodologies
Problem solving techniques, 9 Steps Problem solving track record, and process improvement tools such as Impact Daily management (IDM)

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. For more information, visit www.IRCO.com.