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- Tasks: Develop and execute sourcing strategies while managing supplier relationships and driving cost reduction.
- Company: Join Bulten, a leader in innovative and sustainable fastener solutions.
- Benefits: Enjoy a competitive salary, pension scheme, life insurance, and health cash plan.
- Why this job: Make an impact in the automotive industry with strategic sourcing and supplier management.
- Qualifications: 5+ years in a commercial role with strong negotiation and project management skills.
- Other info: Full-time position with excellent career growth opportunities in a global company.
The predicted salary is between 36000 - 60000 £ per year.
The Commodity Manager is responsible for developing and executing sourcing strategies for all assigned product categories to ensure cost efficiency, quality, and supply continuity. Build supplier relationships, negotiate contracts, manage risk, and drive cost reduction initiatives while ensuring quality and timely delivery.
Main duties and responsibilities:
- Develop and implement commodity sourcing strategies and manage purchasing activities with nominated suppliers.
- Identify, evaluate, and onboard new sources of supply, to ensure that the supplier strategy fulfils the needs of Bulten and its customers in respect of quality, sustainability, logistics & act as an escalation point when required.
- Lead contract negotiations and setting of pricing agreements.
- Initiate and conduct cost saving projects to evaluate competitiveness of the supply base.
- Actively drive supplier/SKU rationalisation, consolidating volumes towards strategic or preferred vendors.
- Update and maintain purchase related data and registers in M3 i.e. pricelists.
- Drive value engineering initiatives managing projects that contribute to Bulten's long-term profitability.
- Analyse market trends, supply risks, and cost drivers and develop contingency plans.
- Manage supplier performance (quality, delivery, cost, innovation). Reporting progress in Canea.
- Collaborate with engineering, operations, quality, and finance teams.
- Responsible for the communication and adherence of all direct reports to Bulten Health and Safety Policy and procedures.
- Other duties as assigned.
Knowledge of and adherence to ISO 14001, ISO 45001 and IATF 16949.
Candidate Profile:
- Relevant degree in a commercial or purchasing-related field.
- Minimum 5 years of experience in a commercial role.
- Proactive and self-motivated, with a strong sense of responsibility for outcomes.
- Strong negotiation and contract management skills.
- Strategic sourcing expertise.
- Cost analysis and financial acumen.
- Supplier relationship management.
- Risk management & problem-solving.
- Data analysis (ERP/MRP systems knowledge preferred).
- Excellent communication & cross-functional collaboration.
- Project management skills.
- Good understanding of supply chain procedures.
- Strong knowledge of automotive industry requirements.
Our Offer:
- Full time permanent position.
- Monday to Friday - 35 hours per week.
- 8% Company Pension Scheme contributions from Day One.
- Life Insurance Scheme x 4 of salary.
- Westfield Health Cash Mosaic Scheme.
Commodity Manager (Scunthorpe) employer: Bulten AB
Contact Detail:
Bulten AB Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commodity Manager (Scunthorpe)
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend local events. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your skills, especially in sourcing strategies and supplier management. This will help you stand out!
✨Tip Number 3
Practice your negotiation skills! Since the role involves contract management and cost-saving initiatives, being able to demonstrate your negotiation prowess in interviews can really impress hiring managers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Bulten.
We think you need these skills to ace Commodity Manager (Scunthorpe)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commodity Manager role. Highlight your experience in sourcing strategies, supplier relationships, and contract negotiations. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your background makes you a perfect fit. Don’t forget to mention your understanding of the automotive industry and relevant standards.
Showcase Your Achievements: When detailing your experience, focus on specific achievements. Did you lead a successful cost-saving project? Or maybe you improved supplier performance? We love numbers, so quantify your successes where possible!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to upload all your documents in one go. Plus, it shows us you’re serious about joining our team!
How to prepare for a job interview at Bulten AB
✨Know Your Commodity Inside Out
Before the interview, dive deep into the specific product categories you'll be managing. Understand market trends, supply risks, and cost drivers relevant to those commodities. This knowledge will not only impress your interviewers but also show that you're proactive and well-prepared.
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations where you successfully managed contracts or reduced costs. Be ready to discuss your approach to supplier relationship management and how you've driven value engineering initiatives in previous roles. This will highlight your strategic sourcing expertise.
✨Demonstrate Cross-Functional Collaboration
Since the role involves working with various teams like engineering, operations, and finance, think of instances where you've collaborated effectively across departments. Share how you communicated and adhered to health and safety policies while achieving project goals.
✨Be Ready for Scenario Questions
Expect questions that assess your problem-solving skills and risk management abilities. Prepare for hypothetical scenarios related to supplier performance issues or cost-saving projects. Practising your responses will help you articulate your thought process clearly during the interview.