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Commodity Procurement Manager
2 months ago
OSI Systems, Inc is seeking a highly skilled Commodity Manager to join our team. As a key member of our procurement organization, you will be responsible for managing procurement expenditure and product-related services, developing strategic relationships with suppliers, and ensuring requirements are met on time and in accordance with quality standards.
Key Responsibilities- Develop and implement effective sourcing strategies to ensure continuous improvement in quality, cost, service, and technology of current and future offers.
- Identify new product development opportunities and automate manual processes to improve productivity.
- Collaborate with the NPD/NPI team to deliver an efficient supply chain for future sourcing requirements.
- Maintain expertise in market trends, including comprehensive reviews of market drivers, cost structures, technical improvements, and competition landscapes.
- Lead and motivate procurement team members in Strategic Procurement.
- Drive efforts concerning supply base rationalization and supplier development.
- Ensure adherence to business standard contracting terms and conditions.
- Manage new supplier sourcing and selection, ensuring value-based relationships and propositions.
- Support Make or Buy decisions and prepare data and plans for relevant commodity gate reviews.
- Bachelor's Degree in Business Administration or Supply Chain Management preferred, or equivalent experience.
- Minimum 10 years of commodities purchasing experience, including IT, electrical/electronic control & automation, mechanical, and fabrication.
- Operations experience with five years' experience in procurement/materials/inventory management a plus.
- MCIPS/APICS membership, equivalent, or qualified by experience.
- Proven track record in achievement of cost reduction in purchased parts and/or services.
- Excellent verbal, written, and presentation communication skills.
- Intermediate and proficient user of Microsoft Office, including Microsoft Excel.
- Experienced and proficient user of MRP/ERP software, such as Microsoft Navision/Dynamics.
- Knowledge of manufacturing processes and cost drivers, and supply market dynamics.
- Knowledge of ISO quality assurance methods.
