Commodity Manager

About this role

Saronic Technologies is a leader in revolutionizing autonomy at sea, dedicated to developing state-of-the-art solutions that enhance maritime operations through autonomous and intelligent platforms.

JOB OVERVIEW

The Commodity Manager is responsible for overseeing the sourcing and procurement of materials and components within a specific commodity category, ensuring cost-effective and efficient supply chain operations. This role works closely with internal stakeholders, suppliers, and cross-functional teams to drive supplier performance, optimize inventory, mitigate risks, and manage commodity strategies that align with the organization's business objectives.

RESPONSIBILITIES

- Commodity Sourcing and Procurement: Lead sourcing and procurement activities for assigned commodity groups, including raw materials, components, or services. Establish and maintain strong relationships with key suppliers to ensure reliable and cost-effective supply chains.

- Cost Management and Optimization: Develop and implement cost-saving strategies and continuous improvement programs. Negotiate prices, contracts, and terms with suppliers to optimize cost structures while maintaining quality standards.

- Supplier Relationship Management: Collaborate with suppliers to ensure on-time delivery, high-quality standards, and continuous improvement in performance. Monitor supplier performance using key performance indicators (KPIs) and implement corrective actions when necessary.

- Inventory Management: Work closely with inventory and logistics teams to ensure appropriate inventory levels are maintained for materials and components. Minimize excess inventory and reduce supply chain bottlenecks.

- Risk Management: Identify and manage risks within the supply chain, including supply disruptions, price volatility, and supplier reliability. Develop contingency plans to mitigate potential supply chain disruptions.

- Cross-functional Collaboration: Work closely with product development, engineering, operations, and finance teams to align commodity strategies with organizational goals and ensure smooth coordination across departments.

- Market Analysis and Trends: Monitor and analyze market trends, commodity pricing, and supply chain dynamics to anticipate changes in the marketplace. Provide strategic recommendations to senior management based on market intelligence.

- Compliance and Sustainability: Ensure that all procurement activities comply with company policies, legal requirements, and sustainability objectives. Support initiatives related to ethical sourcing and environmental responsibility.

- Reporting and Analytics: Prepare regular reports and dashboards on commodity performance, supplier status, cost savings, and market conditions for senior leadership and stakeholders.

QUALIFICATIONS

- Bachelor’s degree in Supply Chain Management, Business, Engineering, or related field (Master's degree or certifications like CPSM, APICS, or CPIM preferred).

- 5+ years of experience in supply chain management, procurement, or commodity management, ideally in a manufacturing or production environment.

- Strong negotiation, communication, and interpersonal skills.

- Demonstrated experience in supplier relationship management and contract negotiations.

- In-depth knowledge of commodity markets, pricing, and global sourcing strategies.

- Strong analytical and problem-solving skills.

- Proficiency with supply chain management software (ERP, SAP, Oracle, etc.) and Microsoft Office Suite.

- Ability to work in a fast-paced, cross-functional environment.

- Experience in strategic sourcing and category management.

- Knowledge of Lean, Six Sigma, or other process improvement methodologies.

- Familiarity with global supply chain logistics and trade regulations.

PHYSICAL DEMANDS

- Prolonged periods of sitting at a desk and working on a computer

- Occasional standing and walking within the office

- Manual dexterity to operate a computer keyboard, mouse, and other office equipment

- Visual acuity to read screens, documents, and reports

- Occasional reaching, bending, or stooping to access file drawers, cabinets, or office supplies

- Lifting and carrying items up to 20 pounds occasionally (e.g., office supplies, packages)

BENEFITS

Medical Insurance: Comprehensive health insurance plans covering a range of services

Saronic pays 100% of the premium for employees and 80% for dependents

Dental and Vision Insurance: Coverage for routine dental check-ups, orthodontics, and vision care

Saronic pays 100% of the premium under the basic plan for employees and 80% for dependents

Time Off: Generous PTO and Holidays

Parental Leave: Paid maternity and paternity leave to support new parents

Competitive Salary: Industry-standard salaries with opportunities for performance-based bonuses

Retirement Plan: 401(k) plan with company match

Stock Options: Equity options to give employees a stake in the company’s success

Life and Disability Insurance: Basic life insurance and short- and long-term disability coverage

Pet Insurance: Discounted pet insurance options including 24/7 Telehealth helpline

Additional Perks: Free lunch benefit and unlimited free drinks and snacks in the office

Saronic CCPA Notice for Candidates and California Employees https://saronic-assets-public.s3.us-east-2.amazonaws.com/Saronic%20CCPA%20Notice%20for%20Candidates%20and%20California%20Employees.pdf

If this role is based in the United States, it requires access to export-controlled information or items that require “U.S. Person” status. As defined by U.S. law, individuals who are any one of the following are considered to be a “U.S. Person”: (1) U.S. citizens, (2) legal permanent residents (a.k.a. green card holders), and (3) certain protected classes of asylees and refugees, as defined in 8 U.S.C. 1324b(a)(3) https://www.govinfo.gov/link/uscode/8/1324b.

Saronic does not discriminate on the basis of race,…