Red Oak Technologies · 11 hours ago
Commodity Manager
Red Oak Technologies is seeking a highly skilled and motivated Commodity Manager – Optical to support their development teams and contract manufacturing partners. The role involves managing sourcing strategies for optical components, building relationships with suppliers, and ensuring cost, quality, and delivery targets are met.
Responsibilities
Owner of RFI's, RFP's and RFQ's - ensuring all commercial terms are agreed and documented
Ensures NDA, SOW's and Master Purchase Agreement are positioned appropriately before business is initiated
Drive price negotiations processes to ensure that our commodity pricing is best in class
Drive continual cost reduction and avoidance initiatives through price negotiations
Drive supply base consolidation where possible
Monitor current commodity market conditions, technology roadmaps and identify supply/demand challenges & opportunities
Analyze current spend and evaluate current suppliers
Consolidate spend across the supply base to create leverage, analyze purchasing trends and develop sourcing alternatives. Identify new high potential suppliers on a global basis
Manage respective supplier relationships and performance, including but not limited to dispute resolution
Develop key performance measures for chosen suppliers and negotiate on multiple variables to award longer-term strategic contracts that result in significant cost reduction and improved service levels
Lead the vendor selection process with engineering teams
Work collaboratively with other cross functional teams as well as contract manufacturing partners
Evaluate supplier business proposals and present recommendations that will result in cost savings, avoidance or containment
Develop sourcing and negotiation strategies that deliver against business objectives and achieve sustainable relationships with suppliers
Create competitive environments with suppliers to support a negotiation strategy
Evaluate and provide guidance on final selection of suppliers; Perform value analysis for final selection of suppliers
Evaluate supplier core competencies and competitive positioning using industry cost models
Secure supplier capacity for the near future based on forecast
Develop quick-turn strategies, identify potential suppliers, analyze supplier capabilities
Manage supplier dashboard, and supply deliverables
Qualification
Required
Min. 10 years' experience in Commodity Management in respective commodity, SCM, or Operations
Bachelor's degree in Business, Supply Chain, Operations Management, and/or equivalent experience or evidence of exceptional ability
Proven experience managing SPADs, ASICs, and Bulk Optics commodities
Ability to multitask, prioritize and work in an extremely fast-paced environment
Proficient with Microsoft Windows and Office applications, particularly Microsoft Excel
Adherence to ISO9001 policies, practices, and procedures are required
Experience working in a start-up and public company
Preferred
Bachelor's degree in Electrical Engineering not required but a plus
Knowledge of Optical fabrication processes, drawings, material specifications and tolerancing are preferred
Purchasing background, experience in NetSuite applications, and Fusion PDM are desirable
Company
Red Oak Technologies
Red Oak Technologies is a staffing and recruiting company offering IT, marketing, and finance recruitment services.
Funding
Current Stage
Late StageRecent News
2024-01-09
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