5 Commodity Sourcing Jobs

The Commodity Analyst will be responsible for various functional activities related to indirect procurement commodities. This includes Commodity Sourcing Supplier Evaluation and Management where you will lead the evaluation and selection of suppliers, present recommendations to stakeholders, negotiate commercial terms, and collaborate with the legal team for contract negotiations. Additionally, you will be involved in Market Analysis and Risk Management, Inventory Management, Supplier Performance Monitoring, Compliance and Ethical Standards adherence, Cost Analysis and Optimization, Cross-Functional Collaboration, and Reporting. To qualify for this role, you should hold a Bachelors degree in supply chain management, business administration, or a related field. Relevant certifications such as CPSM are advantageous. A minimum of three years of experience in a commodity analyst or similar position is required. You must have a good understanding of commodity markets, possess strong supplier evaluation and negotiation skills, and demonstrate proficiency in analytical thinking and problem-solving. Excellent communication skills are essential, as you will collaborate with various teams and senior management. Moreover, familiarity with inventory management principles, procurement policies, legal requirements, and ethical standards is crucial. Proficiency in MS Office and Oracle is preferred. In summary, as a Commodity Analyst, you will play a vital role in the procurement process, ensuring efficient sourcing, supplier management, risk assessment, compliance, and cost optimization. Your ability to analyze data, negotiate effectively, and work collaboratively with diverse teams will be key to your success in this position.,

The Commodity Analyst will have ownership and accountability for the following functional activities in the assigned indirect procurement commodities. You will be responsible for Commodity Sourcing Supplier Evaluation and Management. This involves serving as the procurement lead in the evaluation and selection of suppliers, and presenting a joint recommendation along with the stakeholders to the management. You must be capable of negotiating commercial terms and work well with the legal team in contracts negotiations and execution. Additionally, you will be involved in Market Analysis and Risk Management, Inventory Management, Supplier Performance Monitoring, Compliance and Ethical Standards, Cost Analysis and Optimization, Cross-Functional Collaboration, and Reporting. To qualify for this position, you must hold a Bachelors degree in supply chain management, business administration, or a related field. Relevant certifications such as CPSM are a plus. A minimum of three years of experience in a commodity analyst or similar role is required. You should possess knowledge of commodity markets, strong supplier evaluation and negotiation skills, as well as analytical and problem-solving skills. Excellent communication skills are essential, along with the ability to work collaboratively with cross-functional teams and senior management. Strong negotiation and influencing skills are also necessary. Familiarity with inventory management principles and practices, knowledge of procurement policies, legal requirements, and ethical standards are expected. Proficiency in MS Office and Oracle is preferred.,

Role & responsibilities • Manage the material enquiry from centre of excellence and business unit engineer, work with supplier quality engineer and supplier for material specification alignment. • Conduct supply market research and data analysis. • Monitoring the development of parts as per the timeline & make sure suppliers deliver on time. • Heavily involved in the Early supplier involvement meeting and Quick Quote for user urgent cases. • Assist in the implementation of commodity strategy to achieve company goals and targets. • Conduct negotiations with suppliers focusing on conditions and terms of purchase contracts. • Coordinate with SQE & SDE in auditing the vendor & approval. • Support the process of sourcing by identifying the alternate equivalent raw materials & import substitution with sufficient data supporting the change. Preferred candidate profile • As a Manager focusing on plastic & steel raw materials, understand the user needs to source high quality suppliers to fulfil commodity and engineering requirements. • The supplier assessment includes support of supplier plant audit and price benchmarking to make sure the source suppliers are capable suppliers. • Manage and supervise the commodity to achieve annual cost savings objectives (including Lead Time reduction, cost saving, payment extension, material inflation control, supplier consolidation, sourcing localization, MOQ, preferred supplier selection etc.

Chain IQ is an Independent Global Indirect Procurement company that provides strategic, tactical, and operational procurement services. With headquarters in Zurich, Switzerland, Chain IQ operates from 6 main centers and 14 offices worldwide. Our team of experts aims to transform procurement within organizations by utilizing market knowledge, insights, and innovative technology to enhance procurement efficiencies. We prioritize the latest risk, sustainability, and social responsibility practices to reinforce procurement resilience. Our approach to ESG supports ethical operations, business standards, and biodiversity while minimizing environmental impact. As an Associate Consultant - Sourcing Support at Chain IQ India LLP, located in Navi Mumbai, India, you will be part of the Shared Service Centre India department and report to the Sourcing Support Head, APAC. In this role, your primary purpose will be to provide effective sourcing support from India for the US. Your key responsibilities will include: - Proactively fostering effective collaboration and strong communication with key onshore stakeholders to deliver defined activities. - Managing tasks in Ariba on behalf of Senior Consultants. - Scheduling and organizing meetings with internal and external stakeholders. - Performing compliance and risk checks for engaged suppliers. - Assisting in the execution of tactical and strategic sourcing projects. - Drafting NDAs for RFx and preparing sourcing documentation in line with instructions. - Supporting negotiation preparation and obtaining final approvals. - Driving adoption of P2P through sourcing initiatives and contract management. - Ensuring adherence to defined sourcing policies and processes. To be successful in this role, you should have a university degree, ideally in economics or Supply Management, with strong oral and written English skills. You should also have 1-5 years of experience in an international environment, hands-on experience with Ariba or similar e-sourcing tools, and prior experience in sourcing support. Excellent communication, interpersonal skills, and the ability to work as part of a cross-functional team are essential. Project management experience and expertise in preparing tenders and commodity sourcing support are desired. Additionally, you should be a fast learner, willing to take on new challenges, have a positive mindset, and be a good team player. Chain IQ is a Great Place To Work certified company and offers a first-class benefits package to all employees. If you are looking to join an innovative, inspiring, and high-performing team, consider becoming a part of Chain IQ's globally connected and locally anchored team.,

Job Title: Global Electronics Category strategy Leader Education, Technical Qualification & Experience: Bachelor's degree or above in a relevant field Fluent in spoken and written English 10+ years of sourcing experience in the machining field, familiar with PCB/PCBA,Cable, electronics commodity 5 years Experience working in a global/region commodity role in a multinational company. 10 years people management experience Engineering background is advantageous. Proficiency in office software; Familiarity with SAP Reports To: Directly reports to Global commodity Director and will be responsible for managing and Leading the procurement of Electronics parts, With 4 Team members Personal Attributes & Competencies: Integrity, Accountability, Teamwork, Innovation Proven ability to lead projects, coordinate, problem-solve, and make decisive decisions to achieve results Proactive and detail-oriented Strong analytical and cross-functional skills Ability to understand global markets, collaborate effectively with global teams, and experience in working with suppliers in the Asia-Pacific region and Global Major Responsibilities: Develop commodity strategies aligned with business objectives. Monitor global market trends, supply-demand dynamics, and geopolitical factors. Mitigate risks related to commodity price fluctuations. Identify and develop new suppliers in collaboration with cross-functional teams. Optimize the supplier base to enhance efficiency and quality. Conduct RFQs for NPI (New Product Introduction) projects. Negotiate master purchasing contracts, Quality Assurance agreements, Non-disclosure agreements, consignment contracts, etc., with suppliers. Drive cost reduction initiatives through comprehensive cost analysis, market data evaluation, and negotiation. Collaborate with engineering teams to lead Value Analysis/Value Engineering (VA/VE) projects. Coordinate cross-functional efforts to achieve project KPIs including savings, lead time reduction, minimum order quantity optimization, dual sourcing, and localization. Lead quarterly supplier scorecard reviews to improve supplier performance in quality, delivery, and cost. Identify risks, opportunities, and underperforming suppliers; implement corrective actions to mitigate risks and ensure continuous improvement. Collaborate with plant teams as necessary. Addressing Business Growth and Market Demands Improving Procurement Efficiency and Reducing Costs Accelerating Decision-Making and Market Adaptability Strengthening Supplier Management / Long-Term Partnerships/ supplier strategy This position will strengthen strategic partnerships with key suppliers with multi skills Supporting Successful NPI Project Execution. Enhancing Localization and Global Expansion Additional Requirements: Willingness to travel domestically and internationally as required. Ability to adapt to a flexible work schedule. Job Responsibilities: 50% Team Leadership & Coordination: 30% Project Ownership (Mega, critical High impact,ESI,etc) & Strategic Execution: 20% Transformation & Process Optimization