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DESCRIPTION

As a Global Commodity Manager, you will be the communication channel for key commodity related topics internally and externally, you works as the escalation point and the relationship owner of suppliers. The expectation of job is to deliver commodity sourcing strategy, conduct cost analysis, RFQ discussions, complete supplier assessment, SBR, communicate commodity cost and recommended solutions for key stakeholders to select the right parts. This role is expected to work with cross-functional teams such as Ring Architect, Engineering, Product Development team, Technical Program Management, Product management, Supply operations, and Quality teams. This GCM role will also need to overlook end to end supplier relationship management to ensure suppliers meet Ring’s requirements in all aspects. The key for this role will demonstrate strong leadership to drive results and influence the teams to achieve company goals.

Key job responsibilities

• Develop commodity sourcing strategy and execute to best deliver to cost, supply, and innovation targets
• Lead commodity selection, contract negotiation and new supplier introduction process.
• Ensure a competitive sourcing environment leading to continuous improvement in quality, cost, service and technology
• Challenges supply chain norms to generate out of the box opportunities for cost savings and supply chain optimization and implements as appropriate
• Develop a commodity roadmap aligning business requirements with supplier capabilities
• Manage internal stakeholder relationship in driving component introductions, business alignment, key part selections, demand/supply, etc.
• Participate as a senior member on a cross-functional team (may lead specific projects)
• Meet with stakeholder managers to understand business priorities and translate them into procurement plans.
• Conduct regular business review with suppliers to ensure continuous improvement
• Execute risk mitigation, business continuity, cost management, and operation strategies
• Develop and maintain relationships with executives and senior executives at suppliers
• Work closely with Engineering teams to support product development efforts, to influence sourcing decisions, meet customer expectations, technical capabilities, and program objectives; or define standard and custom product requirements.