Commodities Manager
NewBe an early applicantAbout the Role
Electro Switch is seeking an experienced Commodities Manager to lead strategic sourcing and procurement initiatives across our five business units. This is a corporate, hybrid position with Weymouth, Massachusetts as the primary home base, and a preference for candidates located in the Greater Boston/New England area.
The Commodities Manager will identify and execute opportunities to reduce material and supply chain costs, strengthen supplier partnerships, improve delivery performance, develop alternative sources of supply, and create greater consistency in sourcing and procurement practices across the organization.
This position will work closely with Operations, Engineering, Supply Chain, Manufacturing, Quality, and Finance and will have the opportunity to make a measurable impact across multiple manufacturing businesses.
What You'll Do
- Develop and execute commodity and sourcing strategies aligned with business and operational objectives.
- Identify and deliver measurable cost savings and cost-avoidance opportunities, including improvements in purchase price variance (PPV).
- Lead supplier sourcing activities, including supplier identification, RFQs, competitive bidding, negotiations, and contract management.
- Identify and develop second-source suppliers to improve competition, reduce supply risk, and strengthen continuity of supply.
- Evaluate sourcing opportunities across metals, MRO supplies, safety/PPE, hardware, and other materials and services.
- Evaluate opportunities for Vendor Managed Inventory (VMI) programs and strategic supplier partnerships across multiple business units.
- Negotiate pricing, payment terms, lead times, inventory agreements, rebate opportunities, and long-term supply agreements.
- Develop and maintain strong supplier relationships while driving improvements in quality, delivery, responsiveness, and cost.
- Identify opportunities to consolidate suppliers and leverage company-wide purchasing volume across five business units.
- Support sourcing strategies for freight, shipping, logistics, and freight-forwarding services with a focus on reducing total company transportation costs.
- Monitor commodity markets, pricing trends, tariffs, and global supply chain risks and recommend appropriate sourcing strategies.
- Partner with Engineering and Operations on supplier selection, new product introductions, value engineering, and design-for-cost initiatives.
- Work with Manufacturing and Planning to improve material availability, supplier on-time delivery, and inventory performance.
- Develop supplier performance metrics and corrective action plans and lead supplier qualification and continuous improvement initiatives.
- Maintain sourcing documentation, contracts, supplier information, and procurement data within ERP/MRP systems.
- Help develop and implement consistent sourcing and procurement processes across the company's business units.