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Commodity Procurement Manager
2 months ago
Overview
At OSI Systems, Inc., we are committed to providing advanced X-ray technologies for ports, borders, military, high-threat facilities, and critical infrastructure worldwide. As a trusted provider, we are seeking a skilled Commodity Manager to join our team.
The Commodity Manager will be responsible for managing procurement expenditure and product-related services, including the development of strategic relationships with existing, former, and future suppliers. This role requires a high degree of autonomy, with a focus on delivering cost-effective solutions for our cargo sites.
The successful candidate will define and own the capability, strategy, and operational excellence of assigned commodities, develop key innovation sourcing activities, and promote risk-aware sustainable procurement. As a trusted advisor, you will work side-by-side with stakeholders to deliver best-in-class products.
Responsibilities- Ensure an effective sourcing environment leading to continuous improvement in quality, cost, service, and technology of our current and future offers.
- Identify new product development opportunities and automate manual processes to improve productivity.
- Support the product roadmap to deliver an efficient supply chain for future sourcing requirements.
- Maintain expertise/knowledge of market trends, including comprehensive review of market drivers, cost structures, technical improvements, and competition landscape.
- Leverage the Global Commodity team for specialist assistance where needed.
- Proactively work supply chain impacts and obsolescence issues.
- Support multi-site procurement projects.
- Manage KPIs to ensure quality and delivery standards are fully maintained.
- Lead, motivate, support, and develop procurement team members in Strategic Procurement.
- Drive efforts concerning supply base rationalization and supplier development.
- Ensure we are leveraging synergies across the OSI Systems procurement groups.
- Ensure the cost, quality, and time-oriented supply of all required products and services in line with the respective business plans, budgets, targets, and strategies.
- Contract negotiation: cost, quality, delivery, cash, compliance, and ensure full adherence to the business standard contracting terms and conditions.
- Conflict management: in the event of non-performance to the contractual terms, quotation, or legacy agreement.
- Ownership of the strategic relationship: ensure regular internal and external strategic reviews with senior key stakeholders.
- Manage new supplier sourcing and selection – ensuring a value-based relationship and proposition.
- Support the make-or-buy decisions, prepare data and plans for relevant commodity gate reviews.
- Work within documented procurement/planning systems that comply with ISO guidelines.
- Experience in procurement and Supply Chain Management processes, including quality management, financial analysis, and contract negotiations.
- Bachelor's Degree in business administration or Supply Chain preferred, as well as previous purchasing experience.
- Minimum 10 years' 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.
- Experience in negotiation and supplier relationship management.
- Proven track record in achievement of cost reduction in purchased parts and/or services.
- Proven ability to work well with others at all organizational levels, to organize and prioritize, and to participate on cross-functional teams.
- 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 (Microsoft Navision/Dynamics).
- Knowledge of manufacturing processes and cost drivers, and supply market dynamics.
- Knowledge of ISO quality assurance methods.