Commodity Manager

Commodity Manager

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage commodity strategies and drive savings for Safran Electrical & Power.
  • Company: Join a leading company in the aerospace industry with a focus on innovation.
  • Benefits: Competitive salary, travel opportunities, and professional development.
  • Why this job: Make a real impact by optimising supply chains and driving strategic initiatives.
  • Qualifications: Experience in commodity management and strong negotiation skills required.
  • Other info: Dynamic role with opportunities for career advancement and travel.

The predicted salary is between 36000 - 60000 £ per year.

To manage the strategy of specific commodities for Safran Electrical & Power. The primary function of the role is to define and execute appropriate commodity strategies to support the overall site and divisional needs.

  • Ensure that the commodity being managed has over 90% of the spend covered by Agreements or Contracts.
  • Deliver savings of 2% per annum against direct material spend within the Commodity.
  • Define, elaborate and manage the commodity strategy roadmap, ensuring that appropriate supplier panels are in place to support the technology requirements of the future business.
  • Constantly analyse the supply base associated with the commodity and reduce, refine, and rationalise on an ongoing basis.
  • Execute claims against suppliers in the case of poor quality and/or delivery.
  • Ensure delivery of strategic Quarterly Business Reviews for key and strategic suppliers, following through with appropriate actions and delivery of projects as required.
  • Aggressive and professional execution of contract management to ensure that Safran obtains all available value from contracts agreed.
  • Serve as a source of escalation for Supply Chain teams when the supplier is non-responsive to business needs.
  • For each contract execution, there is a Supplier Selection committee meeting to be signed off and agreed at Senior leadership levels.
  • Up to 15% travel to supplier locations.

Candidate skills & requirements:

  • Previous experience in commodity management.
  • Demonstrable evidence of managed or delivered savings plans.
  • Understanding of contracts and key contract conditions is a necessity.
  • Ability to manage complex situations and projects.
  • Must be a self-starter and have the ability to prioritise a high and varied workload.
  • Must be able to negotiate both at a tactical and strategic level.
  • Ability to present complex and detailed information in a simple manner.

Job location: Europe, UK, England, London.

Commodity Manager employer: Chartered Institute of Procurement and Supply (CIPS)

At Safran Electrical & Power, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our London location provides employees with access to a vibrant city life while benefiting from comprehensive professional development opportunities and a commitment to sustainability. Join us as a Commodity Manager and be part of a team that values your contributions and supports your growth in a meaningful and rewarding environment.
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Contact Detail:

Chartered Institute of Procurement and Supply (CIPS) Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commodity Manager

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. 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 competitors. Understand their commodity strategies and be ready to discuss how your experience aligns with their needs. Show them you mean business!

✨Tip Number 3

Practice your negotiation skills! As a Commodity Manager, you'll need to demonstrate your ability to negotiate effectively. Role-play with a friend or mentor to build your confidence before the real deal.

✨Tip Number 4

Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Let’s get you that dream job!

We think you need these skills to ace Commodity Manager

Commodity Management
Contract Management
Negotiation Skills
Project Management
Cost Savings Analysis
Supplier Relationship Management
Strategic Planning
Data Analysis
Problem-Solving Skills
Communication Skills
Ability to Prioritise Workload
Presentation Skills
Self-Starter
Understanding of Contract Conditions

Some tips for your application 🫡

Tailor Your CV: Make sure your CV speaks directly to the Commodity Manager role. Highlight your previous experience in commodity management and any savings plans you've delivered. We want to see how your skills align with our needs!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of how you've managed complex situations or projects in the past, and don’t forget to mention your negotiation skills.

Showcase Your Achievements: When detailing your experience, focus on quantifiable achievements. If you've delivered savings or improved supplier relationships, let us know the numbers! This helps us see the impact you've made in previous roles.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to hear from you!

How to prepare for a job interview at Chartered Institute of Procurement and Supply (CIPS)

✨Know Your Commodities

Make sure you brush up on the specific commodities you'll be managing. Understand the market trends, key suppliers, and any recent changes in the industry. This knowledge will not only impress your interviewers but also show that you're genuinely interested in the role.

✨Showcase Your Savings Strategies

Prepare to discuss your previous experiences with savings plans. Have concrete examples ready that demonstrate how you've successfully delivered savings in past roles. This will highlight your ability to meet the expectations of delivering 2% savings per annum against direct material spend.

✨Master Contract Management

Since understanding contracts is crucial for this role, be ready to talk about your experience with contract management. Bring examples of how you've negotiated terms or resolved disputes with suppliers. This will show your capability in aggressive and professional execution of contract management.

✨Prepare for Complex Situations

Think of instances where you've managed complex projects or situations. Be prepared to explain your approach to prioritising tasks and handling multiple responsibilities. This will demonstrate your self-starter attitude and ability to manage a varied workload effectively.

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