Commodity Manager jobs
Procurement is a huge part of any manufacturing operation’s expenditure, so any efforts that can be made to reduce the cost of procurement has be worth using. The commodity manager will be in charge of this effort, and will be required to meet or exceed targets set by head office with regard to minimising procurement costs and thereby maximising profitability.
The commodity manager has several strands to his or her job. First, they will try to seek out good deal by keeping fully abreast of the industry in which they operate, paying special attention to the activities of potential suppliers. Second, they will compile lists of potential target suppliers and invite them to tender deals. Third, they will enter preliminary negotiations with the most promising candidates, after which they will start to focus in on the favourite with a view to negotiating a final contract.
Good contract managers will have not only their own company’s interests at heart but also those of the supplier, however. While keeping clients happy is unquestionably good practice, it’s very easy to alienate and de-motivate suppliers by driving too hard a bargain, and if this backfires, the company’s lifeblood could be temporarily removed.
That’s why the job of the commodity manager is as much a partner as that of a client. Forming good relationships will lead to better contracts in future, and that all contributes to a company’s profitability.
The skills required
Commodity managers should have a superb ability to analyse various deals as they come in from potential suppliers, in order to determine which ones represent the best value in the short-term as well as the long-term. They should also be good negotiators, able to appreciate both sides of a deal and the desires and ambitions of suppliers just as much as those of his or her own employer.
Communication is key to all of these skills, and is therefore probably the overarching ability for the role. Good deals communicated badly can be rejected out of hand, but there’s also the communication within the company’s walls to get right. It’s vital that the facts and figures are delivered accurately to those who ultimately have to make the decisions. Communication is a key asset in diplomacy and negotiation, which are key parts of the job.
A good understanding of the specific markets in which the employer operates would be a distinct advantage, particularly if it has been gained in the procurement environment.
Cast UK’s procurement opportunities
At any given time, Cast UK have jobs all over the UK, so wherever you live, or plan to live, we are well placed to find work that suits your skills.
We were founded by specialists in the logistics, supply chain and procurement trade, and our consultants are also drawn from these backgrounds, so we know what employers and candidates are looking for. In fact, employers often approach us to find managerial and executive candidates, so if you’re in procurement, we’d be delighted to hear from you.
So whether you’re relocating for personal reasons or are simply looking for more job fulfilment, there could well be an employer who’s looking for the skills you have. Please get in touch today!
To find out more about how Cast UK can help you recruit a Commodity Manager for your business or find you a job as a Commodity Manager then contact one of our consultant team on 0333 121 3345.
Commodity Manager Jobs in Derby
Located on the River Derwent in Derbyshire, Derby is among England's 20 largest urban areas and the broad range of businesses based there today make it a great option for those seeking new Commodity Manager vacancies.
Derby's history goes back to a Roman settlement called Derventio and the area was home to Saxon and Viking communities during its early years.
The Industrial Revolution marked an important turning point for Derby and the city was the first to reap the benefits of a water-powered silk mill in the early 1700s.
Other innovations later in the century led to improved techniques for manufacturing stockings. In addition, a number of cotton spinning mills were established.
Within 100 years, Derby had become an important industrialised city as well as the headquarters for a number of regional railways.
Rolls-Royce established a factory in 1907, constructing cars and aircraft, while the Derby railway works was a bustling facility that designed and built rolling stock for the nation's growing rail system. Indeed, the first diesel-electric locomotive was produced there in 1948.
There's no doubt that Derby's past has influenced its future and today its top employers continue to be based in automotive manufacture and railway engineering. These include Rolls-Royce, Toyota and Bombardier Transportation.
Other well-known companies include Egg, an internet banking company, and Alstom, a company that manufactures boilers and heat exchangers for industrial purposes. Meanwhile, the chocolate company Thorntons is headquartered in nearby Alfreton.
