Commodity Specialist
General Fasteners Company continues to find new and innovative ways to service our customers as we carry on the traditional values on which our company was founded. After 70 years, we continue to be a privately held Michigan corporation dedicated to helping our customers reach their strategic goals through inventory solutions.
We believe that happy, talented employees add value to our company . We do our best to hire friendly, down-to-earth people who make good team members. We also promote a healthy work-life balance and personal development . A DAY IN THE LIFE OF A COMMODITY SPECIALIST Commodity Specialists are responsible for creating and maintaining relationships with new and existing strategic suppliers. This position plays a pivotal role in the company ensuring the stability of our supply chain and competitiveness. Coordination with colleagues & utilization of resources from the Engineering, Quality, Accounting, Operations and Sales teams to fulfill client needs is critical to the success of Commodity Management.
POSITION RESPONSIBILITIES:
- Managing the company's supply chain by sourcing, negotiating, and purchasing commodities
- Maintain/Implement pricing strategy to establish the best price market wide
- Evaluate market conditions to mitigate risks
- Understand product offerings provided by suppliers
- Maintain/Implement inventory strategies to decrease cost, increase inventory turns, and increase profitability
- Maintain/Implement supplier rebate programs
- Negotiate competitive payment terms / Assist Accounting with invoice concerns
- Build and maintain good relationships with both new and existing suppliers
- Conduct quarterly business reviews with strategic suppliers to review performance and establish continuous improvement strategies
- Assist on identifying suppliers for gap purchases
- Assist Quality with customer / supplier concerns
- Experience with Microsoft Office applications: Outlook, Excel, Word, Access
- Experience using Epicor Prophet 21 and IQS (Enterprise Quality Management) Software
- Purchasing experience with both domestic and international suppliers
- Experience in the Fastener Industry
- Resolve problems where precedent may not exist
- Driven, have sense of urgency, take ownership
- Preferred: Bachelor's degree or equivalent professional experience
- Ability to cooperate with people of different levels inside/ outside the company and to interact with team to reach team goals and business objectives
- Ability to gather information, analyze data, prepare, and lead negotiations as well as suggest recommendations
This position requires working Monday – Friday.
This position will have some travel to suppliers, less than 15%. READY TO JOIN OUR TEAM?
We understand your time is valuable and that is why we have a very quick and easy application process. If you feel that you would be right for this customer service job, please fill out our initial mobile-friendly application . We look forward to meeting you!
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