Commodity Lead jobs
To get the most value out of a procurement operation, a commodity lead is often employed to deal directly with suppliers on behalf of the purchasing company. They will have a multitude of specific roles, but in essence they will be expected to keep costs as low as possible while maintaining the expected level of supply as per the business’s production requirements.
The commodity lead will need to keep a keen eye on the industry as a whole, checking out prices from a range of suppliers as a matter of routine. Identifying savings elsewhere will put the company in a stronger negotiating position with existing suppliers, creating a win-win situation as long as the competitor can meet delivery expectations. However a well negotiated long-term deal that saves future time and expense of seeking out new suppliers is far preferable.
Of course, it’s not all about saving money in simple terms; a good deal is about much more than that. Supplier might charge more for reasons that could prove highly advantageous to your own business, that save you more than they cost the supplier (perhaps because of their buying power in the sector, for example). So delving deep into bids from potential suppliers and modelling their propositions against your own company’s projections will form a key part of the job.
The skills required
The ideal commodity lead will have had some experience in procurement and will know their way around a negotiating table, representing their employer. They might well accompany superiors to such negotiations, where their in-depth knowledge of the particular deals in question will be used to strengthen the company’s position. Because negotiations are often fast-paced, a good grasp of maths, particularly mental arithmetic, will be vital for instinctively taking the temperature of a deal in progress.
Great communication skills and the ability to easily work in a team will be essential, as will competence at problem solving and forming firm, assertive decisions based on the best available data.
Commodity Lead Jobs in Fareham
The market town of Fareham lies towards the south of Hampshire, with Gosport to its south, Portsmouth to the south east and Southampton 10 miles (15 km) to the west. The south east of the town touches Fareham Lake, which forms the port of Portsmouth and Gosport, but at this point it is only navigable by small craft, and the marina has plenty of them on show.
As well as having historic links to the maritime centres to its south and west, Fareham carved out a reputation as a master of the clay-based industries, making bricks, tiles and chimney pots with their distinctive red hue. Although they are used all over the country, the most famous building made of Fareham red brick is the Royal Albert Hall in London.
Fareham is seen as a slightly more upmarket place to live than the port towns and cities nearby. It is well connected by road, rail and sea, and has lots of green space and the beautiful Hampshire countryside to the north. It has also become quite a notable centre for light industry and retail, with several retail areas and a technology park in the town. There could well be opportunities for Commodity Lead jobs in Fareham, and certainly in the seafaring locations within a few miles along the coast. This has always been a region of industry, and it looks set to continue with further investment and development.
Popular locations
Cast UK’s procurement opportunities
Cast UK 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.
If you’re looking for a job in procurement, 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, so please get in touch with Cast UK. At any given time, we 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. Employers often approach us to find managerial and executive candidates, so if you’re in logistics, we’d be delighted to hear from you.
To find out more about how Cast UK can help you recruit a Commodity Lead for your business or find you a job as a Commodity Lead then contact one of our consultant team on 0333 121 3345.
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