If you are a Supply Chain Professional looking for an opportunity to grow, Emerson has an exciting opportunity for you! Our preference is for this position to be based in Elk River, MN, however, for the right candidate the position can also be based in Florham Park, NJ / Aiken, SC / Novi, MI / Sandusky, MI / Charlottesville, VA. As a Commodity Manager you will be responsible for setting commodity strategies that seek to reduce cost and risk and improve trade working capital. You will work with our suppliers and cross functionally to achieve outstanding service level and quality performance If you are ready to expand your professional experiences and grow professionally with a thriving organization, we invite you to become a valued member of our team!

In this Role, Your Responsibilities Will Be:

1. Commodity Strategy Development:

• Develop and implement a comprehensive commodity strategy aligned with the company's objectives and growth plans.
• Conduct market analysis and assess supply chain risks to find opportunities for cost optimization, supplier consolidation, and supply chain resilience.
• Identify potential risks and vulnerabilities in the supply chain, such as geopolitical, regulatory, or environmental factors, and develop risk mitigation plans.

2. Cost Management and Negotiation:

• Drive cost reduction initiatives through negotiations, value engineering, eSourcing and alternative sourcing strategies.
• Supervise commodity pricing trends and market dynamics to identify cost-saving opportunities and mitigate price fluctuations.
• Implement cost-tracking mechanisms and develop cost models to measure and report savings achieved.

4. Procurement and Sourcing:

• Collaborate with internal collaborators, such as engineering, manufacturing, and operations, to understand commodity requirements and specifications.
• Lead the procurement process, including RFQs (Request for Quotation), bid evaluations, and supplier selection.
• Optimize inventory levels, lead times, and delivery schedules to minimize supply chain disruptions and meet production requirements.

5. Supplier Management and Performance:

• Identify, evaluate, and select suppliers based on their capabilities, quality standards, reliability, and cost competitiveness.
• Maintain relationships with suppliers, ensuring clear communication, adherence to contractual agreements, and resolution of any supplier-related issues.
• Supervise supplier performance, conduct periodic supplier evaluations, and implement improvement plans as vital.

6. Continuous Improvement:

• Proactively seek opportunities for process improvements, automation, and digitization to enhance efficiency and effectiveness in commodity management.
• Stay updated with industry trends, emerging technologies, and standard processes in commodity management, and apply relevant knowledge to drive continuous improvement.

3. Risk Management and Compliance:

• Ensure compliance with relevant industry regulations, ethical standards, and corporate policies.
• Supervise supplier compliance with quality standards, certifications, and sustainability requirements.

Who You Are:

You set goals and objectives that align with the goals of the broader organization and then you seek to break down those objectives into appropriate initiatives with relevant achievements and tasks. You step up to take on tough issues and act quickly to seize new opportunities. You persist in accomplishing objectives despite obstacles and setbacks and you push yourself and help others to achieve results. You work collaboratively cross functionally to achieve shared objectives.

For This Role, You Will Need:

• Bachelor's degree in supply chain management, business administration, engineering, or a related field. MBA with a concentration in Supply Chain or Logistics preferred
• Relevant years of experience in strategic sourcing, procurement, supplier performance or proven experience commensurate with the level of the position.
• Solid understanding of relevant commodities
• Proficiency in supply chain management practices, including strategic sourcing, contract negotiation, supplier management, and cost optimization.
• Excellent analytical and problem-solving skills with the ability to leverage data to drive decision-making.
• Strong negotiation and communication skills to effectively collaborate with suppliers, internal collaborators, and cross-functional teams.
• Experience with supply chain risk management, including contingency planning and business continuity strategies.
• Solid understanding of the Microsoft Office Suite, in particular Word, Excel, and Power Point.
• Ability to travel 15%
• Authorization to work in the United States without sponsorship now and in the future

Preferred Qualifications that Set You Apart:

• 5+ years’ experience in strategic sourcing, procurement, supplier performance or proven experience

Our Offer to You:

We understand the importance of employee wellbeing and recognize that flexibility is key to supporting your physical, mental, financial, and social needs. Our competitive benefits package includes a range of medical insurance plans, dental and vision coverage, an Employee Assistance Program, 401(k) contributions, tuition reimbursement, and access to Employee Resource Groups. Additionally, we offer recognition programs and more.

Our dedication to work-life balance is reflected in our flexible time-off policies, including paid parental leave (for all parents), vacation, and holiday leave.

At Emerson, we strive to build an environment where every employee feels valued and respected for their outstanding experiences and perspectives. We believe that encouraging a diverse and inclusive work environment promotes the exchange of innovative ideas and delivers the best outcomes for our customers.

This philosophy is fundamental to living our company’s values and our responsibility to leave the world in a better place. Learn more about our Culture & Values and about Diversity, Equity & Inclusion at Emerson.

Our training programs and initiatives focus on end-to-end development, from onboarding through senior leadership. We provide a wide range of development opportunities, including face-to-face and virtual training, mentorship and coaching, project management, and on-the-job training.