Commodity Manager

Ingersoll Rand is committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.

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.