Commodity Leader (Finance)
This position requires 40%-50% Travel:
Medical, Dental, and Vision coverage starts on Day One!
Free life insurance, short and long-term disability insurance, Telehealth Appointments, and Employee Assistance Program.
Immediate vesting of 401(k) matching. Generous PTO and 11 Paid Holidays a year. And, most importantly...truly meaningful work!
Would you like to make a difference in the lives of cancer patients and their families? We design and manufacture radiation oncology medical devices to ensure more accurate, comfortable treatment for cancer patients. CQ Medical is the global market leader in patient positioning. As an innovative medical device company, we focus on discovering, developing, and distributing technology-driven solutions to improve outcomes for radiotherapy patient positioning.
We are continuing to grow and expand our products. Join us and earn a Paycheck with a Purpose. www.cqmedical.com
Essential Duties and Responsibilities include the following: (Other duties may be assigned.)
Strategic Sourcing & Supplier Management
- Identify, select, and qualify suppliers to meet business needs.
- Monitor market trends, cost structures, and supplier technology roadmaps.
- Negotiate and manage supplier contracts covering pricing, payment terms, delivery lead times, inventory terms, and liabilities.
- Develop and implement supplier management practices and rationalization strategies.
- Lead consignment inventory programs and supplier exit plans.
Cross-Functional Collaboration
- Collaborate with R&D, Engineering, Product Management, and Operations to align sourcing strategies.
- Facilitate communication between internal staff and external suppliers to resolve issues and foster strong relationships.
Supplier Performance & Cost Management
- Manage current supplier relationships with primary ownership of performance improvements in quality, delivery, year over year deflation initiatives, and lead time.
- Analyze and monitor supplier performance metrics and conduct business reviews.
- Ensure accurate ERP data including lead times and costing.
- Lead sourcing and outsourcing transition projects.
Key Metrics for Success
- ERP Data Accuracy per the performance metrics
- Assigned commodities meet or exceed defined Supplier Performance metrics
- Year-over-year cost reductions.
- Supplier base simplification and consolidation.
- % of ‘A Suppliers' on contract (where on time delivery, defect rate, and lead time are consistently performing at or better than standard).
Education & Experience
- Bachelor's degree in supply chain management, engineering or a closely related field from an accredited institution. Completion of the Supply Chain Management Professional (SCMP) designation or other procurement-related education is preferred. (CPM/CPIM/CPSCM) Relevant experience will be considered.
- Minimum 5 years in strategic sourcing or commodity management.
- Experience negotiating and managing supplier contracts.
- Proficiency in ERP systems (Infor XA preferred) within a manufacturing job shop environment.
Key Skills & Abilities
- Strategic Thinking – Ability to define and execute sourcing strategies.
- Analytical Skills – Strong ability to analyze cost structures and supplier performance.
- Communication – Excellent negotiation and interpersonal skills.
- Cross-Functional Leadership – Proven ability to influence and lead across departments.
Work Environment & Travel
- This role operates in an office and manufacturing setting, requiring frequent on-site presence at Suppliers and internal manufacturing sites.
- Travel (40% to 50%) is expected across company and supplier locations.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
