Commodity Manager, Fasteners

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