Commodity Manager

Commodity Manager

Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage supplier relationships and drive cost reduction strategies in a global supply chain.
  • Company: Join Dover Fueling Solutions, a leader in innovative fuel dispensing technology.
  • Benefits: Enjoy hybrid or remote work options and a supportive team culture.
  • Why this job: Be part of a dynamic team making a real impact in supply chain management.
  • Qualifications: Degree qualified with five years' experience in a similar role; technical knowledge is essential.
  • Other info: International travel may be required to engage with suppliers and stakeholders.

The predicted salary is between 48000 - 72000 £ per year.

Commodity Manager – Castings, Machining, Plastics

Location: Dundee/hybrid or Remote working available

Position Summary:

The Commodity Manager is responsible for managing supplier relationships from a diverse and global supply base, delivering cost reduction and supply strategy to ensure delivery of a World Class Supply Chain for the assigned commodity(s). This role is globally focused delivering solutions to all Dover Fueling Solution sites and requires coordination with a diverse network of stakeholders. The Commodity Manager will take complete ownership of every aspect of the supplier’s performance in the assigned portfolio in terms of safety, quality, delivery and cost and will serve as an escalation point for resolving major supply issues within their assigned commodity or commodities. Tasks or issues related to suppliers outside this portfolio may be assigned on an ad-hoc basis.

Key Responsibilities:

  • Exemplify Dover Zero harm rules in support of a safe working environment.
  • Develop and maintain supply strategy in line with Dover Code of Conduct for assigned commodities aligned to business and supply chain requirements based on analysis of available data.
  • Act as focal point and subject matter expert in global market for assigned commodity. Provides commodity, technology, and supplier market know-how to the organisation.
  • Strategic sourcing: Developing and implementing of world class total cost improving supply sources at both supplier and component. Develop cost baseline & inflation forecasts for assigned commodity(s). Keep current on commodity market, cost drivers and economic outlook to guide strategy, perform data analysis on commodity spend, supplier performance and market intelligence.
  • Supplier management: Identifying and evaluating suppliers and managing relationships to ensure quality, cost-effectiveness and reliability. Own and manage supplier relationships for assigned portfolio based on Safety, Quality, Delivery, Cost and Capacity using formal SRM processes, PFEP, ensuring suitable supporting contract mechanisms are in place, understand and drive cost-out
  • Cost management: Able to drive significant cost reduction initiatives though coordination with internal stakeholders (engineering, planning, materials), VA/VE leveraging market knowledge and total cost understanding.
  • Risk management: assessing and mitigating risks related to sourcing and supply chain activities, such as supply chain disruptions, price fluctuations, and regulatory changes.
  • Project coordination : Collaborating with project managers, engineers, and other stakeholders to support construction projects by providing timely procurement of required goods.
  • Contract management: Overseeing the entire contract life cycle. Oversee suppliers to continuously improve quality, cost, delivery, and service to support supply chain operations.
  • Compliance: Ensuring compliance with company policies, industry regulations, and ethical standards in procurement activities.
  • Data Analysis: Utilising data analytics tools to gather and analyse procurement data, identify trends, and make data-driven decisions to optimise procurement process.
  • Continuous improvement: Identifying opportunities for process improvements, implementing best practices and driving continuous improvement initiatives with procurement function.
  • Report on current condition of supply base in terms of dashboard data, demonstrating corrective actions and problem-solving activity have been deployed to address issues.
  • Demonstrating professional supply chain best-practices and developing documented processes, procedures and methods to embed them in the organisation. Identifying and mitigating supply chain risk.
  • Support Technology on new product development. Work with Engineering to develop / align castings / Machining and Plastics sourcing road maps to long term sourcing strategies.
  • Communication: Communicating effectively with internal stakeholders, suppliers and other external parties to facilitate smooth sourcing and supply chain operations and achieve project objectives. Coaching and mentoring team members and stakeholders. Organise team workload and priorities as applicable.
  • International travel may be required to visit suppliers or other Dover locations.

Candidate Profile:

  • An ambitious individual with experience of working in a similar role within a large global manufacturing organisation.
  • Detail and process orientated approach.
  • Strategic mindset.
  • Ability to use data to support excellent decision making.
  • Excellent time management skills with the ability to prioritise in a complex environment.
  • Demonstrates full accountability and ownership for all aspects of assigned areas of responsibility.
  • Persistence in problem solving approach with ability to deliver solutions that address the issue effectively.
  • Confident and familiar with the requirements of successful negotiation.
  • Leading and influencing decision making in stakeholder departments – effective communication.
  • Able to be flexible in both approach and outlook.
  • Comfortable in presenting information in a variety of formats to senior management.
  • Willingness to engage with stakeholders (engineering, marketing, sales) to understand Dover products and customer requirements and ensure they are reflected in our supply chain.
  • Self-motivated and orientated towards improvement/development of responsibilities – flexible in accepting accountabilities.
  • Able and willing to travel to suppliers or other DFS locations regularly and as required by the needs of the business.
  • Candidate Experience and Qualifications:
  • Degree qualified or able to demonstrate suitable relevant experience.
  • Minimum of five years working in a similar role, showing consistent career progression to current level preferably within an engineering or high-volume manufacturing environment.
  • Must have Commodity specific technical knowledge regarding tooling, casting methods, foundries, etc. and understand the Castings, Machining and Plastic market and supplier base thoroughly.
  • Familiarity with Oracle ERP systems an advantage.
  • Proficient in use of MS packages.
  • Level 5 or 6 CIPS qualification an advantage.
  • Expert in the development, deployment and administration of service contracts and terms and conditions.
  • Excellent English (verbal and written)

Commodity Manager employer: Dover Fueling Solutions

Dover Fueling Solutions is an exceptional employer, offering a dynamic work culture that prioritises safety and continuous improvement. With opportunities for hybrid or remote working from Dundee, employees benefit from a supportive environment that fosters professional growth and collaboration across global teams. The company encourages innovation and provides resources for strategic development, making it an ideal place for ambitious individuals looking to make a meaningful impact in the supply chain sector.
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Contact Detail:

Dover Fueling Solutions Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commodity Manager

✨Tip Number 1

Familiarise yourself with the latest trends and challenges in the castings, machining, and plastics markets. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in your field.

✨Tip Number 2

Network with professionals in the supply chain and procurement sectors, especially those who have experience in global manufacturing. Attend industry events or join relevant online forums to connect with potential colleagues and learn from their experiences.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed supplier relationships and driven cost reductions in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.

✨Tip Number 4

Showcase your data analysis skills by being ready to discuss how you've used data to inform decision-making in past positions. Highlight any tools or software you've used, particularly if you're familiar with Oracle ERP systems.

We think you need these skills to ace Commodity Manager

Supplier Relationship Management
Strategic Sourcing
Cost Reduction Strategies
Data Analysis and Interpretation
Risk Management
Contract Management
Project Coordination
Market Intelligence
Negotiation Skills
Communication Skills
Stakeholder Engagement
Continuous Improvement Methodologies
Technical Knowledge in Castings, Machining, and Plastics
Proficiency in Oracle ERP Systems
MS Office Proficiency
CIPS Qualification (Level 5 or 6)

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in commodity management, supplier relationships, and cost reduction strategies. Use specific examples that demonstrate your achievements in similar roles.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills align with the responsibilities outlined in the job description, particularly your experience with strategic sourcing and supplier management.

Showcase Your Data Analysis Skills: Since the role requires data-driven decision making, include examples of how you've used data analytics tools to optimise procurement processes or improve supplier performance in your application.

Highlight Communication Skills: Effective communication is key for this position. Provide examples of how you've successfully communicated with stakeholders or led negotiations, showcasing your ability to influence decision-making.

How to prepare for a job interview at Dover Fueling Solutions

✨Research the Company and Industry

Before your interview, make sure to thoroughly research Dover Fueling Solutions and the commodity markets relevant to the role. Understanding their supply chain strategies and recent developments in the industry will help you demonstrate your knowledge and enthusiasm during the conversation.

✨Prepare for Behavioural Questions

Expect questions that assess your problem-solving skills and ability to manage supplier relationships. Use the STAR method (Situation, Task, Action, Result) to structure your responses, showcasing your experience in driving cost reductions and managing risks effectively.

✨Showcase Your Data Analysis Skills

Since the role requires data-driven decision-making, be prepared to discuss your experience with data analysis tools. Highlight specific examples where your analytical skills led to improved procurement processes or cost savings, as this will resonate well with the interviewers.

✨Demonstrate Effective Communication

As a Commodity Manager, you'll need to communicate with various stakeholders. Practice articulating your thoughts clearly and confidently, and be ready to discuss how you've successfully influenced decisions in previous roles. This will show your capability to engage with both internal teams and external suppliers.

Commodity Manager
Dover Fueling Solutions
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