Share this Job
Apply now »

Commodity Manager

Req ID:  2289


Are you looking for a company that cares about people’s lives and health, including yours? At Olympus, we help make people’s lives healthier, safer and more fulfilling, every day. 
Let’s inspire healthier lives, together.

Job Description

The Commodity manager will be responsible for developing and managing the Purchasing strategy for an identified portfolio of material groups within the OSTA spend portfolio to maximize supplier value in the areas of cost quality and innovation. The Commodity Manager will form part of a team which will be responsible for identifying and developing an effective supply base for all major OSTA material groups helping to ensure that innovative products are developed on time competitively and with sustainable quality. This is a leadership role and the Commodity Manager will provide innovation and vision in purchasing and supplier management strategic direction.

Job Duties

* Identify, manage, and develop supplier partners capable of meeting current and future OSTA business needs.


* Develop and maintain a short medium and long term strategy around supplier management and development of all major OSTA material groups to help ensure high quality cost effective parts are supplied to new product development teams and manufacturing facilities.


* Working with internal customers develop a supplier segmentation model for each major OSTA material group including identification of Strategic Preferred and Approved suppliers for each material group.


* Ensure competitive pricing on all sourced components through extensive market analysis and benchmarking.


* Develop and implement mitigation and remediation strategies in coordination with the internal functions.(e.g. Advance Sourcing Materials Supplier Quality etc.)


* Working closely with internal teams take responsibility for all supplier contracts – NDA (non-disclosure) commercial quality assurance VMI/consignment logistics agreements etc.


* Ensure early supplier identification and selection working closely with Advance Sourcing team during the New Product Development.


* Provide input to Supplier Review Boards (SRBs) and define Supplier Performance improvement plan for underperforming suppliers to drive improvements to Purchasing KPIs in alignment with KPIs of the manufacturing facilities.


* Identify execute and track cost savings.


* Lead/support projects resulting from a cost improvement plan (CIP) or a supplier change notification (SCN) in coordination with internal teams while ensuring no impact to production supply.


* Manage Blanket PO creation and approval for all items within the assigned material groups.


* Work closely with wider Purchasing teams across Olympus in the area of global commodity strategy development to drive commonality in processes and leverage purchasing synergies.


* Provide reliable forecast to the suppliers frequently identifying any critical changes.


* Lead mentor train and develop the OEM buyer(s) through clear objectives including goal setting performance management and reviews and driving Key Performance Indicators.


* All other essential related duties as required.

Job Requirements



* Bachelor's degree in Supply Chain Engineering or business related discipline.


* Minimum of 5 years of experience in purchasing or commodity management.




* Minimum of 5 years of experience at management level in medical device or other regulated industry is preferred.


* Thorough understanding of and experience with various inventory management practices (e.g. Consignment VMI Kanban etc.).


* Strong strategic planning and project management organizational skills.


* Excellent analytical skills with a deep understanding of Microsoft Office applications.


* Strong negotiation and problem solving skills.


* Ability to work within a matrix organisation.

We realize work isn’t just a job to you.

It’s a big part of your life, but not the only part. That’s why we offer competitive salaries, a robust 401(k) program, annual bonus program and comprehensive medical benefits, as well as tuition reimbursement, flexible schedules, parental and adoption leave, on-site services and Colleague Affinity Networks — so you can be ready for where life can take you.

Olympus is passionate about the solutions it creates for the medical, life sciences, and industrial equipment industries, as well as cameras and audio products. For more than 100 years, Olympus has focused on making people’s lives healthier, safer and more fulfilling by helping detect, prevent, and treat disease, furthering scientific research, ensuring public safety, and capturing images of the world.

Olympus’ Medical business uses innovative capabilities in medical technology, therapeutic intervention, and precision manufacturing to help healthcare professionals deliver diagnostic, therapeutic, and minimally invasive procedures to improve clinical outcomes, reduce overall costs, and enhance the quality of life for patients. Olympus’ Medical portfolio includes endoscopes, laparoscopes, and video imaging systems, as well as surgical energy devices, system integration solutions, medical services, and a wide range of endotherapy instruments for endoscopic and therapeutic applications. For more information, visit

Olympus…True To You. True To Society. True To LIFE.


It is the policy of Olympus to extend equal employment and advancement opportunity to all applicants and employees without regard to race, color, national origin (including language use restrictions), citizenship status, religious creed (including dress and grooming practices), age, sex (including pregnancy, childbirth, breastfeeding, medical conditions related to pregnancy, childbirth and/or breastfeeding), gender, gender identity and expression, sexual orientation, marital status, disability (physical or mental) and/or a medical condition, genetic information, ancestry, veteran status or service in the uniformed services, and any other characteristic protected by applicable federal, state or local law.

Posting Notes: || United States (US) || Minnesota (US-MN) || Brooklyn Park || 

Nearest Major Market: Minneapolis

Job Segment: Engineer, Manager, QA, Quality Assurance, Project Manager, Engineering, Management, Technology, Quality

Apply now »