workday
Posted 10 weeks ago
Senior Commodity Manager
Job description
Job Description
Job Summary
The Senior Commodity Manager drives global sourcing and category strategies to improve cost, quality, service, and supply continuity. This role leads supplier negotiations, contract execution, and cross‑functional sourcing initiatives, while managing key supplier relationships and supporting continuous improvement across the global supply chain.
Essential Functions
Develop multi-dimensional global category strategies with defined improvement plans for cost, quality, service, lead time and security of supply. Provide rigorous analysis of spend data, market trends and dynamics, to prioritize and launch sourcing initiatives. Negotiate pricing periodically and manage price with key suppliers. Collaborate with the legal team to negotiate and execute contracts with suppliers. Lead strategic global cross-functional commodity/category teams and champion the sourcing process. Manage the supplier selection process and ensure selections are based on sound criteria. Facilitate the setup of contract manufacturers within the Cognex supplier portfolio. Provide input on techniques to enhance the supplier management program processes & tools and participate in these initiatives. Conduct periodic business reviews with key suppliers & manage all aspects of the supplier relationship Other responsibilities & special projects as assigned. Provide leadership to the engineering teams on component supplier technology roadmaps for semiconductor components (e.g. Processors, Imagers, FPGAs, Memory, IC, LEDs, Active/Passive components, PCBs, etc.). Knowledge, Skills, and Abilities: Demonstrated success in negotiating cost reductions and favorable terms with suppliers. Working knowledge of the electronic contract manufacturing industry, electronics accessories market and/or the global supply chain for electronic components. Excellent communicator, ability to lead in an environment of in-direct control, analytical and fact based with an attention to detail.
Experience
performing in a fast-paced, goal-oriented, and time-sensitive environment Proficient with managing and understanding cross-cultural business practices, especially within Asia Good Project management skills. Proficient in MS Office Suite and working knowledge of ERP systems such as SAP. Minimum education and work experience required: Bachelor’s degree in a technical field, supply chain management, materials management, business administration, or equivalent experience in a related field. MBA, CPM or equivalent degrees/certifications a plus 5+ years of work experience mostly in sourcing, supply chain management or related fields. Sourcing electronic/semiconductor components and/or working as a sales professional with a semiconductor chip manufacturer or distributor in the semiconductor industry is preferred.
Experience
managing suppliers as a commodity manager for at least 3 years is strongly desired. Additional Job Description WE MAKE COMPUTERS THAT CAN SEE Cognex is the largest, most successful and most recognized global player in industrial machine vision. Using advanced optics, image sensors, and artificial intelligence software Cognex vision and ID systems capture an image, then analyze it to make sense of what’s being seen. Companies use Cognex vision and ID in their manufacturing processes to improve product quality, guide assembly robots, and track items through each stage of production and distribution. Cognex is focused entirely on solving the toughest problems in industrial machine vision and ID, and we have sold more solutions in these areas than any other company in the world. More than a billion products are made each day using Cognex vision. The only thing smarter than our vision and ID systems are the people that stand behind them. One of them could be you!