Full-Time

Strategic Sourcing Commodity Manager

Confirmed live in the last 24 hours

CNH Industrial

CNH Industrial

10,001+ employees

Manufactures agricultural and construction equipment

Compensation Overview

$99k - $145k/yr

Senior, Expert

Western Springs, IL, USA

Category
Procurement & Sourcing
Operations & Logistics
Requirements
  • A Bachelor's degree in a relevant discipline. (Engineering preferred)
  • A minimum of 8+ years of relevant experience.
  • Deep understanding of casting processes, materials, and market trends.
  • In-depth knowledge of casting market regionally and globally.
  • Experience in purchasing casting and capable of performing techno-commercial analysis of casted parts.
Responsibilities
  • Develop and implement sourcing strategies for the Casting commodity, oversee supplier selection across multiple platforms, lead long term contract negotiations and on time launch targets.
  • Analyze and evaluate external price trends and new product offerings to reduce overall purchasing costs.
  • Collaborates with suppliers to assure the quality of their products, materials, components and/or operations and develops supply recommendations.
  • Ensures suppliers can meet forecasted demand.
  • May coordinate efforts in the reduction of purchasing/engineering costs and establishing cost for new products. Continuously explore the cost improvement ideas through VA/VE in close coordination with suppliers.
  • May participate in design and/or technical reviews. Must understand technical aspect of casting machined parts should be able to convey the requirements to suppliers.
  • Actively interviews the current and new suppliers to maintain a competitive supply base for the commodity assigned, may select, recommend, and manage relationships with major suppliers, vendors, or sub-contractors to ensure the organization receives satisfactory standards of service.
  • Resourcing parts strategically to obtain the best total cost, quality, delivery for the plants.
  • Manage key supplier relationship, Conduct Monthly/Quarterly business reviews with the key suppliers and generate ideas of cost improvement through regular involvement /participation from suppliers.

CNH Industrial provides equipment, technology, and services primarily for the agriculture and construction sectors. The company operates under several well-known brands, including Case IH, New Holland Agriculture, New Holland Construction, and CASE Construction Equipment. Their products range from tractors and harvesters to construction machinery, all designed to enhance productivity and efficiency for their users. What sets CNH apart from its competitors is its extensive history and commitment to innovation, which has allowed it to develop a diverse portfolio of solutions tailored to meet the needs of its global customer base. The goal of CNH Industrial is to empower its customers to grow and build a better world through effective and efficient equipment and services.

Company Size

10,001+

Company Stage

IPO

Headquarters

London, United Kingdom

Founded

2013

Simplify Jobs

Simplify's Take

What believers are saying

  • CNH's €750M notes improve financial stability and market visibility.
  • Investment in Bem Agro expands CNH's reach in AI-driven agricultural solutions.
  • CASE's new equipment line targets growing landscaping and small contractor markets.

What critics are saying

  • Emerging agtech companies like EarthOptics increase competition for CNH.
  • Midwest agtech hubs may divert talent and investment from CNH.
  • Robotic harvesting tech may not achieve commercial success for CNH.

What makes CNH Industrial unique

  • CNH Industrial invests in AI-driven agricultural mapping with Bem Agro.
  • CNH's CASE brand launches versatile subcompact construction equipment for small-scale contractors.
  • CNH partners with Advanced Farm Technologies for smart robotic harvesting solutions.

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Benefits

Health Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Parental Leave

Flexible Work Hours

Paid Vacation

Company News

Finsmes
Nov 19th, 2024
EarthOptics Raises $24M in Financing

EarthOptics, an Arlington, VA-based company which specializes in soil digitization and Predictive Agronomy, raised $24M in funding

Startupi
Aug 13th, 2024
Bem Agro secures R$ 15M funding round

Bem Agro, an agtech specializing in agricultural mapping using AI, completed a pre-Series A funding round of R$15 million with participation from Suzano Ventures, Atvos, and previous investor CNH Industrial. The round was structured by Arara Seed. Founded in 2018, Bem Agro plans to use the funds to expand operations and enhance technologies. The company serves over 400 clients in 11 countries and aims to cover 10 million hectares. Earlier this year, it received R$10.2 million led by CNH Industrial.

Stock Titan
Jun 4th, 2024
CNH announces pricing of its offering of Euro 750,000,000 3.75% notes due June 2031 | $CNHI Stock News

CNH successfully prices €750M notes at 3.75% interest, aimed at improving financial stability. Listing on Euronext Dublin enhances market visibility.

GlobeNewswire
Apr 23rd, 2024
CNH announces signing of a €3.25 billion committed revolving credit facility  

CNH announces signing of a €3.25 billion committed revolving credit facility Basildon, April 23, 2024 On April 19, 2024, CNH (NYSE: CNHI) signed a €3.25...

AgFunder News
Jan 8th, 2024
Agrinovus Boss Mitch Frazier Recounts A Decade Of Change For Midwest Agtech

Some of the most important agtech developments in the last decade have come not from Silicon Valley, epicenter of all things tech, but from startups dotted about the center of the US.From the vantage point 2023 provides, Midwest agtech seems like a no-brainer, since the region leads the country in row crop production and is also home to vast amounts of speciality crop and livestock farming. However, there was a time in the not-too-distant past when agtech as we know it was relatively non-existent in these regions.These days, agtech is entrenched deeply into the food system, and some Midwest regions are becoming well-known hubs for agtech innovation that crosses robotics, software, ag biotech and agrifintech. One such area is Indiana, which was recently dubbed a tech hub by the US Economic Development Administration.“There’s an intersection that is undeniable between plant science, animal health and human health,” Mitch Frazier, CEO of AgriNovus Indiana, an initiative growing ag bioscience innovation in Indiana, told AgFunderNews.AgriNovus is one of the six initiatives from the Central Indiana Corporate Partnership, formed in 1999 to foster growth in the region between corporations, foundations and universities.Frazier (MF), a veteran of both the tech and ag worlds, has led the charge at AgriNovus for the last four years. Below, he shares some thoughts with AgFunderNews on the last decade in agtech in the Heartland.AgFunderNews (AFN): What’s been the most important development(s) in Midwest agtech in the last decade?MF: The Midwest witnessed two ag bioscience IPOs in the last decade – Elanco and Corteva Agriscience – with both companies choosing Indianapolis as their global headquarters.Since then, both have made bold moves. Elanco acquired Bayer Animal Health, making it the second largest independent animal health company in the world. Corteva made two big biologicals acquisitions – Stoller and Symborg – and from the stage of World Agritech 2023, the company announced an innovative partnership with Chevron and Bunge to develop a new low-carbon fuel.High-growth venture-backed companies also found the Midwest an ideal place to grow over the past decade