Commodity Manager at HYDAC TECHNOLOGY CORPORATION

Schaumburg, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

19 Mar, 26

Salary

0.0

Posted On

19 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Strategic Procurement, Sourcing, Supplier Management, Negotiation, Cost Savings, Market Analysis, Risk Management, Collaboration, Commercial Acumen, Analytical Skills, Stakeholder Management, ERP Systems, Project Management, Continuous Improvement, Global Sourcing, Precision Machining

Industry

Machinery Manufacturing

Description

Description HYDAC is a family-owned and operated business with a vibrant and rewarding working environment for our employees across the country. Our goal is to provide quality products, components and services that meet our customer expectations while being committed to the protection and preservation of our environment. HYDAC’s passionate team designs and manufactures a comprehensive line of innovative and reliable solutions optimized any demand our customers require. We are seeking a commercially driven Commodity Manager to lead the strategic sourcing and management of industrial components across a global supplier base. This role will oversee approximately $50M in annual expenditure, ensuring optimized supplier performance, sustainable cost savings, and supply continuity. The successful candidate will bring strong commercial acumen, a global mindset, and the ability to influence internal and external stakeholders to deliver long-term value. Demonstrated success driving value in Precision Machining and Raw Materials (Aluminum and Steel Categories) is required. You will make an impact in this role by: Key Responsibilities Strategic Procurement & Sourcing Develop and implement commodity strategies within the Precision Machining and Raw Material Commodity groups to align with business objectives and growth plans. Lead competitive sourcing processes, supplier benchmarking, and global market analysis. Manage supplier selection and qualification in collaboration with cross-functional teams. Assigned key commodities and also act as project manager on other strategic initiatives outside of key assigned commodities, Supplier Relationship & Performance Management Negotiate contracts, pricing, and commercial terms to maximize total value. Build strong partnerships with key global suppliers to ensure performance, innovation, and risk mitigation. Drive supplier scorecards, KPIs, and continuous improvement initiatives. Cost & Value Creation Deliver annual cost savings targets through strategic negotiations, supplier rationalization, and process improvements. Identify opportunities for total cost of ownership (TCO) reduction. Support financial planning and forecasting with accurate spend data and market intelligence. Risk Management & Compliance Proactively manage supply risk across global regions, ensuring continuity of supply. Monitor trade regulations, tariffs, and compliance requirements affecting the supply chain. Implement dual sourcing strategies where appropriate. Internal Collaboration Partner with Operations, Engineering, and Finance to align sourcing initiatives with operational needs and budget goals. Provide commercial and technical insights on supplier capabilities, market shifts, and cost trends. Support new product launches by securing supply and favorable commercial agreements. Requirements To be considered for the Commodity Manager role, you must have the following minimum qualifications: Qualifications Bachelor’s degree in Business, Engineering or Supply Chain or related field . 7–10 years of procurement, sourcing, or commodity management experience, preferably in industrial manufacturing. Demonstrated ability to manage $25M–$50M+ in global spend. Strong commercial negotiation skills with a proven record of driving cost savings and value creation. Knowledge of global supply markets, sourcing strategies, and contract management. Proficiency with ERP and procurement systems (SAP, Oracle, Ariba, etc.). Excellent communication, analytical, and stakeholder management skills. Key Competencies Commercial & financial acumen. Strategic thinking and problem-solving. Strong negotiation and influencing skills. Results-oriented, with a focus on measurable performance. Ability to multitask in a fast-paced, global business environment. Ability to travel 25% to 50% globally. HYDAC offers employees a comprehensive medical/dental/vision plan, paid holidays, PTO, 401k with company matching, FSA account, short term disability and life insurance, and pet insurance. Click the “apply” button to be considered for this opening! HYDAC is committed to providing equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. #IND123

Responsibilities

The Commodity Manager will lead strategic sourcing and management of industrial components, overseeing approximately $50M in annual expenditure. Responsibilities include developing commodity strategies, managing supplier relationships, and delivering cost savings targets.