Commodity Manager
4 months ago
Company Description
Associated Materials is the parent company for leading building product brands such as Alside, Gentek, Revere, Alpine and Preservation. With a legacy of over 70 years in business, we create, develop, manufacture, extrude, and distribute beautiful siding, windows and more throughout our network of North American company-owned distributors. If you are searching for a rewarding career, consider AM
**Job Description**:
Reporting to the Director of Procurement - Outside Purchased Products, working at our Burlington, Ontario office, the Commodity Manager - Outside Purchased Products role is designed for the procurement professional with a strategic vision to implement broad organizational goals within the concept of Total Cost of Ownership while operating across multiple product lines and distribution points. Under limited direction this position is responsible for leading the planning and execution of key procurement strategies, primarily focused on finished goods for retail and aftermarket through both companies owned distribution as well as direct sales to customers. This position will work closely with cross functional teams including Product Management, Sales, Supply Chain, Finance, and of course supplier partners. This position is responsible for targeting the best total cost of products in specified commodities, providing leadership in supplier management, project management, the consolidation of suppliers and processes, cultivating supplier relationships, issue resolution and managing service level agreements.
**OBJECTIVES**:
- Effectively manage key suppliers via risk mitigation, scorecards, and KPI’s.
- Develop supplier negotiation plans
- Plan and negotiate short and long-term contracts with favourable impact on inventory goals, quality, continuity of supply, and corporate cost objectives.
- Develop and achieve short and long-range operational objectives by maximizing cost savings while keeping in mind Total Cost of Ownership.
- Take ownership of key spend areas, implementing controls and procedures to support, and driving cost conscious culture
- Partner with all levels of leadership cross-functionally to build impactful, efficient, and cost-effective business and vendor relationships
- Monitor and analyze trends and market conditions for the present and future pricing, availability and capacity of goods and services
- Monitor and analyze trends in company spending and make recommendations for future investments while identifying possible savings opportunities
- Limit company exposure to obsolescence through life cycles of various products.
**DAY-TO-DAY RESPONSIBILITIES**:
- Ensure AM Supplier guidelines and expectations are being met.
- Select and maintain suppliers to support product category strategies and corporate procurement requirements.
- Develop formal commodity strategies to align short/medium/long-term goals with the needs of the business.
- Monitor supply agreements
- Collaborate with internal stakeholders to ensure business needs are being addressed
- Identify supply base risk and drive implementation and closure of mitigation plans.
- Be disruptive and challenge the status quo while mitigating risk
- Qualify sources to support category management and sales objectives
- Ensure suppliers support effective inventory management through supplier performance monitoring and accurate PFEP’s
- Track and analyze vendor quality performance.
- Commodity tracking and analysis to help manage the strategic position of the company.
- Maintain appropriate vendor files and reports as required.
- Address Accounts Payable issues when escalated.
- Perform Supplier Risk Assessments to ensure new potential suppliers are viable and existing suppliers remain viable partners.
- Create total cost and “should” cost models and lead make/buy analysis.
**Qualifications**:
- Bachelor’s degree in Business, Purchasing/Supply Chain Management, or Finance
- At least 5 years of experience in strategic procurement management in a high volume, highly complex manufacturing and distribution environment.
- Preferred - Bilingual - French and English
- Ability to lead a diverse team in a hybrid office model
- Strong written, verbal, analytical and negotiation skills
- Experience with procurement systems and familiarity with source to pay technical platforms
- Must be experienced, constructing formal supply contracts, and cost models.
- Ability to work well in cross-functional teams in both plant and corporate environments.
- At a minimum, intermediate MS Excel skills are required.
- Demonstrated abilities to implement process change improvements and best practices.
- CPM or APICS a plus.
Additional Information
Accommodations for applicants with disabilities available upon request.
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