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Commodity Manager

FOX Factory, Inc.
Scotts, CA Full Time
POSTED ON 5/13/2024 CLOSED ON 6/13/2024

What are the responsibilities and job description for the Commodity Manager position at FOX Factory, Inc.?

Position Summary:

Develops, implements, and maintains a commodity inventory strategy that supports a company's supply chain. Evaluates market conditions in order to maintain inventory levels and control costs. Evaluates and recommends vendors. Manages ongoing relationships with suppliers.

Position Responsibilities:

  • Develop a commodity technology roadmap aligning business requirements with supplier capabilities
  • Be responsible for AVL for commodity managing supplier selection, qualification and price negotiation
  • Manage all aspects of new supplier bring-up including database management in an ERP systems
  • Ensure a competitive sourcing environment leading to continuous improvement in quality, cost, service and technology
  • Work closely with Lead Commodity Manager to collaborate with Engineering to influence technical design decisions to meet expectations, technical capabilities, and business objectives
  • Interface with Planning and Program Management to assess current and future sourcing requirements
  • Help drive quarterly executive business reviews of strategic sourcing plan that defines, among other things, market and business analysis, product roadmaps, supplier capabilities and annual / quarterly strategic business objectives
  • Maintain expertise/knowledge of market trends including rigorous analysis of market drivers, cost structures, technical improvements and competitive landscape
  • Travel periodically to supplier’s manufacturing sites
  • Support our OEM supplier initiatives including annual cost reductions, VMI/JIT, lead-time reductions and favorable payment terms.

Specific Knowledge, Skills or Abilities Required:

  • Ability to manage cross functional teams
  • Knowledge of raw materials – resins, metals (tooling) and cost drivers associated with them
  • Project or Program management skills

Competencies:

  • Customer Mindset: Exceptional customer experience is primary focus while performing job duties. Quality is a top priority.
  • Adaptability & Innovation: Proactively and willingly adapts to changing business needs and conditions and presents creative and fresh ideas on how to solve problems, gain efficiencies and improve quality.
  • Relationship Building: Builds constructive working relationships characterized by a high level of inclusion, cooperation and mutual respect.
  • Accountability: Takes personal responsibility for the quality and timeliness of work and strives to exceed requirements.
  • Decision Making and Judgment: Makes timely, informed decisions that take into account the facts, goals, constraints and risks.
  • Talent Development (Self and Others): Displays an ongoing commitment to learning and self-improvement; making an effort to acquire new knowledge or skills associated with job responsibilities. Willingness to work with others and coach/teach in effort to develop and support other employees’ development.

Position Qualifications:

Education:

Bachelor’s degree in Business, Operations, Supply Chain Management, Engineering or related field

Experience:

5 years of experience in high volume manufacturing operations or sourcing environment

5 years of direct experience in supplier/supply chain management

Global supply chain experience

Work Environment and Physical Requirements:

Office Environment

Ability to sit for long periods of time

Vision abilities required to validate and enter data on computer

Disclaimer: This list does not represent all physical demands. Descriptions are representative of those that must be met by employee to successfully perform the essential functions of the job. Reasonable accommodation may be provided to enable individuals with disabilities to perform the jobs’ essential functions.

FOX provides equal employment opportunities for all employees and applicants for employment without regard to race, color, ancestry, national origin, gender, gender identity, sexual orientation, marital status, religion, age, physical disability (including HIV and AIDS), mental disability, results of genetic testing, or service in the military, or any other characteristic protected by the laws or regulations of any jurisdiction in which we operate. We base all employment decisions –including recruitment, selection, training, compensation, benefits, discipline, promotions, transfers, layoffs, terminations and social/recreational programs –on merit and the principles of equal employment opportunity.

Job Type: Full-time

Pay: $100,000.00 - $124,000.00 per year

Benefits:

  • 401(k) matching
  • Dental insurance
  • Employee discount
  • Health insurance
  • Life insurance
  • Paid time off
  • Referral program
  • Vision insurance

Schedule:

  • Monday to Friday

Education:

  • Bachelor's (Preferred)

Work Location: In person

Salary : $100,000 - $124,000

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