Commodity Strategist

4 days ago


Singapore beBeeProcurement Full time

Job Summary

The Commodity Strategist is responsible for developing and executing strategic sourcing strategies for raw materials and components. This role ensures cost-effective procurement, supplier performance, and risk mitigation while supporting production and sustainability goals.

Key Responsibilities

  • Develop and implement commodity sourcing strategies aligned with business objectives.
  • Identify, evaluate, and manage suppliers to ensure quality, cost, delivery, and compliance standards are met.
  • Monitor global market trends, price fluctuations, and supply chain risks in the plastics industry.
  • Drive cost reduction initiatives through value engineering, alternative sourcing, and long-term supplier partnerships.
  • Collaborate with cross-functional teams to align procurement strategies with product development and operational needs.
  • Ensure sourcing practices comply with environmental regulations and support sustainability goals, including recycled and bio-based plastics.

Requirements

  • Bachelor's degree in Supply Chain Management, Engineering, Business, or related field.
  • Minimum 7-10 years of experience in commodity management or strategic sourcing, preferably in the plastics or manufacturing industry.
  • Strong negotiation, analytical, and project management skills.
  • Deep understanding of plastic materials, global supply markets, and sustainability trends.
  • Proficiency in ERP systems and procurement tools.
  • Excellent communication and stakeholder management skills.


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