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The Global Commodity Manager, having a strategic emphasis, will continuously assess internal requirements, external market factors and supplier performance to effectively execute strategies that will deliver the strongest value position for PHINIA Inc. The focus for this role will support the growing future of our OE and/or aftermarket products.
* Perform global supplier negotiations, contract execution, business reviews, supplier scorecard reviews, capacity assessments and other supplier management functions.
* Optimize commodity spending and provide minimum target savings annually through cost reductions, cost avoidance and operational improvements.
* Recommend cost saving proposals including make-versus-buy analysis, resourcing/dual sourcing opportunities, supplier VAVE activities and design for cost.
* Coordinate global sourcing activities with manufacturing and engineering departments to acquire materials in the most cost effective and timely manner for the assigned commodities.
* Collaborate with Local Plant Purchasing across all regions within PHINIA, with other Commodity Managers, and with Supply Chain Business & Operations Teams to assure a cohesive commodity plan.
* Plan, support and lead Global Sourcing Events and other related commodity duties
* Continually reduce year-over-year material cost through negotiations, Value Analysis, Long Term Supply Agreements, resourcing actions and industry competitive knowledge.
* Develop and publish a comprehensive strategy for all managed commodities, which will include risk mitigation for currency exposure, supply disruption, whole-life cost and Tier supplier liability.
* Assess commodity supply base and develop new suppliers, as needed, consistent with PHINIA cost, quality, and delivery requirements.
* Identify which strategic partners should be involved in the early development process
* Participate in cross functional PHINIA teams (engineering, supplier quality, and local purchasing) and with external suppliers, to develop and execute design for cost programs for components.
* Represent the supply chain / purchasing function at internal meetings; develop market analysis / forecasts on global economic and technical trends and present to senior management as needed.
* Use SAP and related systems, and or other enterprise tools & systems to collect and analyze data.
* Create approved sourcing bid lists for each assigned commodity, align and communicate to individual plants.
* Manage the sourcing pipeline to optimize bundling and leveraging opportunities.
* Identify new technologies and strategic alliances that will strengthen the value position of PHINIA.
* Lead/negotiate complex and or critical cross RU supplier agreements.
* Lead cross-RU commodity team to ensure information and best practice sharing, alignment on commodity strategy and effective execution of agreed plans.
* Monitor KPIs and adjust plans accordingly to meet or exceeds targets and report out.
* Support PHINIA budget, forecasts and LRP for their area of responsibility, if / as required.
* Proactively identify, analyse, mitigate and monitor risks for their commodities and escalate when and where appropriate.
* Monitors supply markets and trends.
* Coordinates supplier relationship with internal functions (i.e., trouble shooting).
* Monitors supply markets and trends.
* Safety and Health – Responsible for completing required safety training, reporting and correcting any unsafe practices as appropriate, completing work activities in a safe manner, and complying with safety and health requirements for respective position.
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Seniority level
* Seniority level
Not Applicable
Employment type
* Employment type
Full-time
Job function
* Job function
Purchasing and Supply Chain
* Industries
Motor Vehicle Manufacturing
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