Commodity Manager

Commodity Manager

Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead global supply chain strategies and negotiate contracts for commodities.
  • Company: Join Crane, a leader in innovative supply chain solutions.
  • Benefits: Enjoy competitive pay, career growth opportunities, and a dynamic work environment.
  • Why this job: Make an impact on supplier quality and cost efficiency while working with a talented team.
  • Qualifications: Experience in supply chain management and strong negotiation skills required.
  • Other info: This role offers the chance to shape global sourcing strategies.

The predicted salary is between 43200 - 72000 £ per year.

Following an internal promotion, we have a vacancy for an experienced Commodity Manager. Reporting to the Group Strategic Sourcing Manager, the successful candidate will be responsible for developing, executing and continually refining global supply chain strategies for all assigned commodities to deliver industry-leading supplier quality, product/service delivery, customer service levels, total cost and cash-flow performance.

Specific responsibilities include:

  • Lead the execution of a global supply chain strategy for assigned commodities that supports Crane objectives for cost reduction, supplier OTD and lead-times, supplier Quality and inventory reduction. This would include actions to rationalize the supply base, drive increased sourcing from low-cost sources, leveraging indirect material/services spend with other Crane business units, and negotiating & implementing Long-Term Supplier Agreements.
  • Obtain competitive bids, analyse costs and negotiate contracts with vendors on the basis of total costs to the company commensurate with financial risks, quality standards, and delivery capabilities.
  • Upload and maintain integrity of data within Zycus.
  • Monitor ongoing supplier performance, support functions / Business Units in resolving chronic supplier performance problems, revise supplier strategies and, if necessary, lead projects to exit poor performing suppliers.

Commodity Manager employer: Click To Hired

As a leading player in the industry, we pride ourselves on fostering a dynamic work environment that encourages innovation and collaboration. Our commitment to employee development is evident through tailored growth opportunities and a supportive culture that values diversity and inclusion. Located in a vibrant area, our team enjoys not only competitive benefits but also a work-life balance that enhances both personal and professional fulfilment.
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Contact Detail:

Click To Hired Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commodity Manager

✨Tip Number 1

Familiarise yourself with the latest trends in global supply chain management and commodity sourcing. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in the field.

✨Tip Number 2

Network with professionals in the industry, especially those who are already working as Commodity Managers or in similar roles. Engaging in conversations can provide insights into the role and may even lead to referrals.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed supplier relationships or negotiated contracts in the past. Real-life scenarios can showcase your skills and experience effectively.

✨Tip Number 4

Research StudySmarter's values and mission, and think about how your personal values align with them. Being able to articulate this connection during your interview can set you apart from other candidates.

We think you need these skills to ace Commodity Manager

Strategic Sourcing
Supplier Relationship Management
Contract Negotiation
Cost Analysis
Data Integrity Management
Performance Monitoring
Inventory Management
Project Management
Risk Assessment
Analytical Skills
Communication Skills
Problem-Solving Skills
Negotiation Skills
Cross-Functional Collaboration
Market Research

Some tips for your application 🫡

Understand the Role: Take time to thoroughly read the job description for the Commodity Manager position. Understand the key responsibilities and required skills, so you can tailor your application to highlight relevant experiences.

Tailor Your CV: Customise your CV to reflect your experience in supply chain management, negotiation, and vendor relations. Use specific examples that demonstrate your ability to develop and execute supply chain strategies.

Craft a Compelling Cover Letter: Write a cover letter that connects your background to the specific requirements of the role. Highlight your achievements in cost reduction, supplier performance monitoring, and any relevant projects you've led.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a Commodity Manager.

How to prepare for a job interview at Click To Hired

✨Understand the Supply Chain Landscape

Familiarise yourself with the current trends and challenges in global supply chain management. Be prepared to discuss how you can apply this knowledge to develop effective strategies for cost reduction and supplier performance.

✨Showcase Your Negotiation Skills

Prepare examples of past negotiations you've led, particularly those that resulted in significant cost savings or improved supplier relationships. Highlight your approach to balancing quality and cost while managing financial risks.

✨Data Integrity is Key

Since maintaining data integrity within Zycus is part of the role, be ready to discuss your experience with data management systems. Emphasise your attention to detail and how it contributes to better decision-making in supply chain strategies.

✨Demonstrate Problem-Solving Abilities

Think of specific instances where you've resolved chronic supplier performance issues. Discuss the steps you took to identify the problem, implement solutions, and monitor outcomes, showcasing your analytical and leadership skills.

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