Lead Commodity Manager - Castings

Job description

Role Summary/Purpose

The Lead Commodity Manager - Castings will partner closely with global sourcing, engineering, operations, quality, and project teams to develop and execute commodity strategies that support business objectives. This role will serve as the primary point of contact for regional castings suppliers and drive supplier performance, risk management, cost competitiveness, and sourcing excellence across the castings commodity.

How will you make a difference? As a Lead Commodity Manager, you will be responsible for developing and executing the strategic sourcing roadmap for the castings commodity. You will drive supplier performance, manage commercial agreements, oversee commodity budgets and forecasts, and ensure a reliable, competitive, and resilient supply base that supports operational and business goals. What do we want to know about you?

Basic Qualifications

• Bachelor's degree from an accredited college or university; or equivalent combination of education and experience.
• Minimum 3 years of experience in Sourcing, Operations, Engineering, or a related field.
• Ability and willingness to travel up to 25%.

Preferred Qualifications

• Experience developing and executing commodity strategies within a manufacturing environment.
• Strong supplier relationship management and negotiation experience.
• Knowledge of castings manufacturing processes and supplier markets.
• Experience with supplier risk assessment and mitigation planning.
• Demonstrated ability to manage budgets, forecasts, and cost-reduction initiatives.
• Strong analytical, communication, and cross-functional collaboration skills. What will your typical day look like?

Commodity Strategy & Supplier Management

• Develop and execute the regional and global strategy for the castings commodity.
• Build technical and regional supplier market intelligence to support sourcing decisions.
• Develop, qualify, manage, and rationalize the supplier base.
• Define and maintain supplier risk assessments, including sole-source, single-source, and dual-source strategies.
• Lead supplier performance reviews and continuous improvement initiatives.
• Develop and execute raw material sourcing strategies.

Supplier Relationship Management

• Serve as the primary point of contact for regional castings suppliers.
• Build and maintain strong supplier relationships to support business objectives.
• Lead and monitor supplier selection and onboarding activities.

Budget & Forecast Management

• Develop and manage the commodity budget and forecast.
• Monitor Producer Price Index (PPI) impacts and savings initiatives.
• Drive corrective actions and cost improvement plans as needed. Request for Quotation (RFQ) & Contract Management
• Lead RFQ processes, including offer evaluation, supplier negotiations, and contract awards.
• Establish and manage frame agreements, off-cycle sourcing activities, and serial-life contracts.
• Optimize purchase order payment terms and drive supplier payment process automation.
• Manage contract amendments and commercial renegotiations.

Project Sourcing Support

• Provide approved supplier lists to project sourcing teams.
• Support qualification and contracting of new suppliers.
• Participate in supplier selection decisions and sourcing committee reviews.
• Contribute to commercial negotiations by leveraging enterprise-wide spend and supplier relationships.

Operational Sourcing

• Drive sourcing competitiveness for existing and standard products.
• Lead re-sourcing activities during product serial life.
• Support resolution of escalated supplier performance and delivery issues.
• Ensure continuity of supply while achieving cost, quality, and delivery objectives. This position is not eligible for relocation assistance.