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 Coventry
Situated in the West Midlands and less than 20 miles from Birmingham, Coventry is a metropolitan borough and one of the top ten largest cities in England. Indeed, for those seeking Commodity Manager vacancies, Coventry will have a variety of employers to consider.
The history of the city goes back to a Bronze Age community that was settled by the Romans in the first century. By the 1500s, Coventry was at the centre of the cloth and textile trade and during the Middle Ages, it was one of the most influential locations in England.
As time passed, Coventry became known for manufacturing fine watches and clocks, while other technological innovations, such as the safety bicycle in the late 1800s, paved the way for the city to become one of the leading areas for car manufacture in the early 20th century.
During the same period, the city manufactured an array of other products, ranging from machine tools and aerospace components to electronics, telecoms equipment and man-made fibres.
Today, the economy in Coventry relies on finance, business services, logistics and leisure, more than on manufacturing. However, a number of car factories can still be found within city limits, such as LTI, the company that manufactures London's iconic black cabs, Jaguar, Rolls Royce and Peugeot. Meggitt Aircraft, a company that makes braking systems for the aerospace industry, is also located in Coventry.
