13 Sep
|
Armstrong Fluid Technology
|
Toronto
13 Sep
Armstrong Fluid Technology
Toronto
Imagine working at the forefront of innovation in fluid-flow technology, with over 1,400 colleagues across the globe, and contributing to a legacy of excellence that spans eight manufacturing facilities on four continents. Armstrong Fluid Technology is more than just a leader in our industry; we are a community of the brightest and most creative minds, driven by a shared mission to engineer the future and safeguard our planet. As part of our team, you'll be immersed in an workplace that fosters growth, creativity, and collaboration. Here, you'll have the opportunity to push boundaries, tackle exciting challenges, and develop cutting‑edge solutions that promote energy efficiency and reduce environmental impact. Every day offers the chance to make a meaningful contribution to a more sustainable future, driving innovations that help lower global carbon footprints. Together, we’re creating a legacy that goes beyond business—one that’s changing the world for the better. In this role, you will support commodity management across global regions by partnering with Sourcing and Engineering teams to build forward-looking cost models, align quotes with historical pricing, and minimize variance between actual purchase prices and budget targets. You will strengthen risk mitigation processes by incorporating commercial discussions with supplier, market intelligence, and advanced analytics, ensuring robust supplier signals to guide commercial decisions. Regular sourcing reviews will be facilitated to drive cross-functional alignment, improve cost predictability, and enable business agility. On the supplier side, you will manage sourced commodities by analyzing supplier quotations, monitoring market-driven cost imbalances, and tracking mitigation actions to maintain supply continuity. Collaboration with buyers, suppliers, logistics, and site planners will be critical to achieving quality and delivery targets while balancing total cost of ownership and working capital. Leveraging digital tools such as Pro‑Purchaser, ERP (Infor LN) and Power BI,
you will enable Bill of Materials (BOM) risk simulations, exception‑based decision‑making, and automation of reporting to drive continuous improvement in global procurement performance. Key Accountabilities Market Intelligence & Risk Monitoring Maintain commodity pricing database, market trends, tariffs changes, foreign exchange, and other cost drivers. Analys the Cost drivers and predict sourcing risk and strategies to mitigate the risk. Maintain the data base for the global regulations coming in Motors, Drives and Engines Space and drive De-risking effort that will help in resilient supply chain. Monitor OTD, lead times, allocation risks, lifecycle status. Conduct market analysis and develop should‑cost models by evaluating commodity trends, raw material costs, labor, overhead, logistics, tariffs, and supplier margins to support price benchmarking, negotiations, and sourcing decisions. Support make‑versus‑buy evaluations and tariff‑mitigation initiatives by analyzing total landed costs, supplier capabilities, country of origin, duty exposure, localization opportunities, and alternative sourcing options. Performance Tracking & Data Analytics Maintain Supplier Bid list and drive RFQ for the New product introduction and cost optimisation requirement. Maintain commodity spend data, supplier information, pricing records, contracts, and sourcing documentation. Track purchase price variance, cost savings, supplier performance, lead times, inventory levels, and supply risks. Maintain commodity scorecards and track progress against cost, quality, delivery, and risk‑reduction targets. Maintain Supplier OTD,
analysis of reason for the Actual VS desired. Discuss OTD improvement plan and implement along with cross‑functional teams. Sourcing Strategy & Managerial Support Support the Commodity Manager in developing and implementing commodities and sourcing strategies. Provide analytical and administrative support to the Commodity Manager for supplier meetings, business reviews, and strategic sourcing initiatives. Conduct scenario‑based cost modeling and "what-if" analysis to support the Commodity Manager during contract negotiations and annual strategy refreshes. Support contract management by reviewing commercial terms & identifying legal or compliance risks for escalation to the Commodity Manager and Legal team. Negotiates, develops, implements, amends and monitors supplier contractual agreements. Track contract renewals and renegotiations Support the implementation and continuous improvement of procurement policies and procedures, monitor compliance with approval requirements and sourcing processes, and maintain proper documentation to support internal controls. Support technology and manufacturing footprint migration by coordinating sourcing activities, evaluating supplier capabilities and regional cost impacts, managing material transitions, and minimizing supply, quality, and delivery risks during implementation. Prepare clear, data‑driven presentations and present commodity performance, sourcing opportunities, cost savings, supply risks and recommendations to management to support informed decision‑making. Support development of Motor and drives technology roadmap inline with company product launch roadmap. Socut for current and existing supplier to support the motor and drive technology roadmap. Supplier Operations & Administration Sign NDA and Master supply agreement signing process with suppliers Assist with supplier qualification, onboarding, and performance review activities. Support contract administration, including pricing agreements,
📌 Commodity Analyst - Motor, Engine And Drives (Toronto)
🏢 Armstrong Fluid Technology
📍 Toronto