Commodity Manager

Job Title: Commodity Manager

Work Arrangement: ON-SITE

Tenneco is one of the world’s leading designer, manufacturers, and marketers of automotive products for original equipment and aftermarket customers, with approximately 65,000 team members working at more than 200 sites worldwide. Through our four business groups, DRiV, Performance Solutions, Clean Air and Powertrain, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.

This position will report within the DRiV business group. DRiV is Tenneco’s aftermarket product solutions group, with a mission to deliver advancements that help people get the most out of every vehicle, every ride, every race, and every journey.  We strive to consistently deliver top tier results behind branded product solutions for our community and shareholders. 

Essential Duties and Responsibilities:

• Develop and implement commodity strategies to achieve corporate, purchasing & business line goals/objectives.
• Organize and lead commodity strategy meetings to cross-functional/cross-business audience through region
  • Work with DRiV operations to develop scope of work for services, equipment etc to use for RFP with existing and potential suppliers
• Organize and lead activities to support performance based requirements regionally for the assigned commodities for specific KPI. Priorities to be defined by calendar year including sourcing ratio, auction, index (savings %), working capital (payment terms, cash flow) and supplier rationalization.
  • Supply base rationalization, development & spend management/segmentation for geographic considerations, Best Cost Country (BCC), Localization objectives, BU/plant-specific needs, new technologies, marketing/product strategies and cost management goals.
  • Proven experience in negotiation levers including e-rfp and e-auction
  • Possess knowledge of supply market trends and characteristics (e.g., associations, trade publications and indexes, etc.).
  • Utilize commodity expertise and commodity strategies to create/update Business Plans and Strategic Plan Metrics: incl. Cost reduction, interim negotiations, BCC objectives, supplier performance objectives, advanced technology drivers.
  • Set negotiation strategy and direction for commodity negotiation settings, include appropriate team members.
  • Drive cash flow improvements initiatives (payment terms negotiations, consignment stock agreements, stock level rationalization, shortening LT, etc.)
• Organize and Lead Supplier Relationship Management (SRM) for your assigned commodity
  • Develop Supplier Partnerships/Strategic Alliances as necessary to support/enhance commodities strategies.
  • Drive supplier approval process to ensure requestors are continuously trained to provide key supporting documentation.
  • Serve as regional focal point for escalation of all supplier relationship issues for
  • Utilize supply base knowledge to manage risk to supply potentially caused by financial instability or insolvency at individual suppliers or related to supplier’s customer bankruptcy proceedings.
  • Enforce Tenneco’s supplier requirements.
• Coordinate with Tenneco’s legal team to ensure contractual obligations minimize risk to the Company.
• Able to accommodate business line/plant-specific and geographical commodity requirements.
• Travel Required: 5-25%, Domestic and International.

Education:  

• Bachelor’s Degree in Engineering / Business / Materials Management or Logistics required, with a preference for an MBA. CPM and/or CPIM certified is a plus.

Experience:

• Minimum of 5 years of experience in Purchasing/Procurement and/or Materials Management.
• Demonstrated background and proven experience with RFQ processes, data analysis and commodity strategies.
• Demonstrated background and proven experience with high-level supplier negotiations and materials management. 

Skills:

• Working with and/or leading a Global team to drive substantial savings for the organization.
• Excellent interpersonal and English communication skills