Commodity Manager, Fasteners

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