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Product Manager - Commodities

Product Manager - Commodities

Sonepar USAWoburn, MA, United States
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Electrical Supply Center / NorthEast Electrical is seeking a full-time Product Manager - Commodities to join our team in Woburn, MA!

Hours : Monday-Friday, 8AM to 5PM

Annual Salary : $75,000 to $100,000

There's a Place for You at ESC / NorthEast Electrical

A career at ESC / NorthEast Electrical is more than a job. You're investing in a brighter, more sustainable future together and joining a team that makes a real difference for our customers. ESC / NorthEast Electrical offers electrical products and services to contractors. If it helps bring electricity to an office, home, factory or other building - you can find it here. We operate throughout the Northeast and are part of the Sonepar group, the world's #1 electrical distributor with over 45,000 associates around the globe.

Being "Powered by Difference" means we respect and value diverse perspectives. Within ESC / NorthEast Electrical we offer a supportive culture and great benefits, and as part of the larger Sonepar group, we can offer exciting opportunities to grow your career.

The Product Manager is responsible for sour cing and negotiating commodity materials for lowest acquisition cost to produce maximum profitability as a result. Comparing costs, negotiating purchase agreements, and developing inventory controls to identify demand for new materials. Works closely with sales leaders on large projects.

What a day in this role looks like :

  • Manage and maintain an assigned inventory investment to within desired goals for service levels, and gross margin return on investment.
  • Identifies, proposes, and implements new Commodity strategies
  • Purchase and negotiate materials, equipment and supplies from vendors
  • Collaborates with executive leaders and other departments to carry out the goals and objectives of the organization
  • Negotiates over 100M in spend
  • Works with Sales on new products, dead stock and defective material.
  • Driven to reduce COGS in all opportunities
  • Cost savings and year end rebate KPI driven
  • Provide periodic performance reviews to other leadership
  • Stay up to date on new trends and technologies in the field
  • Establish and maintain vendor files with specific details.
  • Participate in various marketing-related functions that support Sales.
  • Develop and maintain business relationships with assigned vendors and utilize those relationships to benefit Purchasing and Sales personnel.
  • Perform other related duties as required or requested by Manager.
  • Establish and maintain vendor files with specific details
  • Develop and maintain business relationships with assigned vendors and utilize those relationships to benefit Purchasing and Sales personnel

What you can bring to us :

Education : Bachelor's degree in business administration, finance, supply chain management, engineering or closely related field is required, MBA is preferred.

Experience : 10+ years of industry-related experience, including at least three years of upper-level management.

Knowledge, Skills, and Abilities :

  • Committed to product knowledge and can demonstrate mastery of materials.
  • An eye on continuous improvement and attention to detail
  • Comfortable with negotiation and decision making.
  • Assertive and clear style of communication with conflict resolution skills
  • A willingness to continue to develop and foster product pipelines.
  • Can partner with and collaborate with others when necessary.
  • Extensive knowledge of the industry, including regulations.
  • Data driven and the ability to comprehend and analyze complex business strategies.
  • Ability to build relationships with employees from all levels of the company.
  • Leadership and problem-solving acumen.
  • What We Offer You

    We offer great family-friendly benefits to full-time associates :

  • Healthcare plans
  • Dental & vision
  • Paid time off
  • Paid parental leave
  • Professional and personal development programs
  • Associate Discounts
  • Tuition Reimbursement
  • Opportunity to become a shareholder
  • Employer-paid short- and long-term disability
  • Employer-paid life insurance for spouse and dependents
  • Robust wellness program
  • Gym reimbursement
  • Employee Assistance Program (EAP)
  • We're proud to be a military-friendly company, and our many employee resource groups (ERGs) help you make connections and feel supported.

    Learn More About Us

    Get to know us on LinkedIn, Facebook, Instagram, and YouTube, and learn how we're "Powering Progress for Future Generations."

    https : / / www.linkedin.com / company / northeast-electrical-distributors /

    https : / / www.facebook.com / northeastneedco

    https : / / www.instagram.com / northeastneedco /

    https : / / www.youtube.com / @northeastneedco

    Learn more at https : / / www.needco.com / about

    NorthEast Electrical is part of the Sonepar family of brands : https : / / www.soneparusa.com / us-en / about-us

    Equal Employment Opportunity Statement

    Sonepar is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

    Sonepar and our family of brands are committed to the full inclusion of all qualified individuals. In keeping with our commitment, we will take the steps to assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the position, and / or to receive all other benefits and privileges of employment, please call 843-745-2420 or email recruiting@sonepar-us.com .

    EEO is the Law

    Applicants and employees are protected under Federal law from discrimination. To learn more, Click here .

    Pay Transparency Non-Discrimination Provision

    Sonepar follows Executive Order 11246, including the Pay Transparency Nondiscrimination Provision. To learn more, Click here .

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    Product Manager • Woburn, MA, United States

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