Commodity Manager, Fasteners Job at Dana Incorporated, Novi, MI

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  • Dana Incorporated
  • Novi, MI

Job Description

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  

Job Tags

Contract work

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