
Commodity Management Specialist
5 hours ago
Job Title: Commodity Management Specialist
About the Role:
The primary objective of this position is to develop and execute procurement strategies for logistics services that ensure optimal value for the organization.
Key Responsibilities:
- Procurement Strategy & Planning
- Develop and implement procurement strategies for logistics services aligned with the global strategy and the company's supply chain goals.
- Conduct spend analysis to identify cost savings opportunities and efficiency improvements.
- Scope and demand mapping in collaboration with all internal stakeholders within the organization.
- Supplier Sourcing & Contract Management
- Identify, evaluate, and select LSPs for transportation and freight forwarding, in alignment with the strategy.
- Closely align with the global and local commodity teams and stakeholders, ensuring pooling of demand to negotiate the best freight rates and deliver value to the business.
- Prepare long-term and short-term negotiation plans and document them in the negotiation calendar.
- Negotiate contracts, service-level agreements, and pricing terms to optimize cost and service performance.
- Ensure compliance with industry regulations and international trade laws.
- Supplier Relationship & Performance
- Build and maintain strong relationships with LSPs, in close alignment with the global commodity teams for cross-country suppliers.
- Monitor supplier performance against KPIs, address service issues, and drive corrective actions.
- Conduct regular business reviews with vendors to ensure service excellence, in collaboration with the global commodity teams and their global monthly or quarterly business review meetings.
- Market Intelligence and Risk Management
- Monitor global and regional market trends, fuel price fluctuations, BAF, and regulatory changes.
- Identify and mitigate risks in logistics operations and supplier networks.
- Develop contingency plans for supply chain disruptions.
- Ensure a no sole supplier strategy.
- Cross-Functional Collaboration
- Work closely with all stakeholders within the internal business units to define strategies.
- Arrange half-yearly reviews together with business units and vendors.
- Collaborate with business units for budget planning and cost tracking.
- Sustainability
- Drive sustainability initiatives along with business units to achieve organizational emission reduction targets.
- Ensure carbon footprint assessments are completed for all major vendors.
- Ensure external sustainable audits are conducted for key vendors to ensure compliance.
- Digitalization
- Conduct tenders, eBidding & auctions through digital tools.
- Drive digitalization projects to bring visibility, quality, and adherence to standard operating procedures by LSPs.
This role requires a highly skilled professional with excellent analytical, communication, and project management skills. The ideal candidate will have experience in procurement, logistics, and supply chain management, with a strong understanding of market trends and risk management principles.
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