Commodity Manager, Fasteners

Job description

Job Duties and Responsibilities Directs the activities associated with the SCMG managed regional spend for the Fasteners commodity across Business Units. Manages a large team with direct oversight for purchasing activities regionally for Fasteners. Establishes and executes regional strategy for Fasteners commodity. Aligns with and provides input to the global Fasteners strategy. Responsible for identification and evaluation of global opportunities within the commodity for cost reduction, supplier rationalization, complexity reduction, supply chain optimization. Manages contracts within the commodity category and reports the metrics associated with them. Delivers continuous improvement in cost, process and services within the commodity category Accountable to lead team to ensure collection of for requests for information or quote. Generates recommendations based on Total Cost of Ownership comparisons. Monitors and reports on activities associated with Fasteners commodity. Formulate annual business plans for achievement of cost reductions and year over year performance improvement. Manages and negotiates supply agreements that require improvements in suppliers’ cost, delivery, quality, order lead time, payment cycles, technology, and / or risk mitigation. Initiates re-negotiation efforts well in advance of contract expiration, and monitors industry trends to anticipate opportune timing to lock in contracting advantages. Leads team to obtain and analyzes quotes to determine best value, then recommends global sourcing solutions based on data and facts collected. Monitors performance of the suppliers to ensure attainment of objectives in quality, delivery, service, and cost. Coordinates and approves supplier selection and leads supplier transitions. Monitors compliance with supplier contractual requirements. Identifies opportunities for global leverage of volumes and purchasing power. Ensure and monitor the results and contribution, of the commodity, to departmental and corporate objectives. Presents special assignments results, project updates and such to Dana management as required. 25% travel All other duties as assigned Education and Qualifications Excellent communication skills, verbal and written. Demonstrated leadership experience and people management skills. 4-year degree in business or engineering required , MBA or MS in engineering preferred . 5 – 7 years’ progressive purchasing experience required