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Commodity Manager

Job

MANN+HUMMEL

Hanover Park, IL (In Person)

Full-Time

Posted 03/03/2026 (Updated 4 weeks ago) • Actively hiring

Expires 5/27/2026

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Job Description

Main Tasks Executes category strategies and initiatives Responsible for Supplier Relationship Management Supports target setting and cost/cash program funnel to meet and/or exceed company annual targets Influences senior stakeholders across the business where necessary to drive collaborative, high performance culture Supports the business and reports regarding negotiations, supplier selection in projects, supplier panel optimization, ratio projects, cost reduction development, supplier development, initiated sourcing decisions, etc. Supports planning and forecasting in agreement with Lead Buyer and/or material group manager Manages RFQs and price estimations in customer or market projects and in serial production for his/her commodity Initiates and manages re-sourcing, dual sourcing and continuous improvement activities (cost reduction) and supports Ratio Project Management Actively supports and acts in close collaboration by providing "in-time" price- and other project relevant information, e.g. sourcing status, supplier feedback on timing and specification
Negotiations & Contracting:
Strives for optimal value delivery, securing best pricing, service level agreements, business continuity and risk mitigation, and drives best in class commercial terms Outlines sourcing decision recommendations through objective data analysis following negotiations Contract management over supplier / parts lifetime for all contracts in his/her responsibility Organizes Technical Reviews with cross functional departments; such as RD/Engineering Initiates target price / cost analysis calculation (pre- and post SOP) Manages escalation issues Updates Purchasing Analyst with commercial material/supplier relevant data in Sage Supports supplier quality assurance, complaint management and "top focus" supplier meetings Assists with cross functional projects related to their perspective material group (Packaging) Additional duties and materials as assigned
Skills Strategic SourcingSupplier Relationship ManagementSupplier Risk AssessmentVendor ManagementCost ManagementStrategic PlanningSupplier Quality AssessmentNegotiationDemand ForecastingExperience Education:
Bachelor's degree in Supply Chain, Business Administration or other related field
Experience:
Minimum 3-5 years procurement experience Ability to travel
Preferred Experience and Skills:
Experience working with Sage X3 or SAP Manufacturing background Knowledge and expertise in direct and/or indirect spend categories

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