Commodity Manager

Videojet is proud to be a Product Quality & Innovation company in Veralto (NYSE: VLTO). Imagine a world where everyone has access to clean water, safe food and medicine, and trusted essential goods. That is the tomorrow Veralto is creating today. Veralto is a $5B global leader in essential technology solutions made up of over 16,000 associates across our Water Quality and Product Quality & Innovation segments all united by a powerful purpose: Safeguarding the World's Most Vital Resources.

Videojet Technologies (www.videojet.com) is a leading global manufacturer of coding and marking solutions. With more than 400,000 units installed worldwide, Videojet covers all major technologies, including continuous and thermal inkjet, laser, thermal transfer overprinting, and case coding.

As part of our team, you'll make an immediate, measurable impact on Safeguarding everyday essentials. You'll also belong to a respectful and collaborative community that fosters career growth and professional development. You'll be supported by resources that make a positive difference in your life because, at Videojet, we value your authenticity and want your talents to shine.

About the role:

We are currently seeking a dynamic individual to join our team as Commodity Manager. This pivotal position involves the development and execution of commodity strategy, strategically sourcing components to achieve lowest total cost of ownership, and supporting ongoing initiatives that reduce risk and increase value for the customer. Reporting directly to the Global Procurement Director, this role is based in Wood Dale, IL, requiring a minimum on-site presence of three days per week. If you are passionate about driving efficiency and excellence in procurement and supply chain management, we invite you to join us and contribute to our corporation's continued success.

In this role, you will:

• Manage overall responsibility of material spend between $10M-$15M used in production of Videojet for fluids ,Dyes, solvents, additives, packaging, blow mold, injection mold thermal transfer ribbons.

• Develop, negotiate, and complete contracts/agreements with suppliers that minimize TCO, improve quality, minimize supply risk, and assure on-time delivery.

• Develop an in-depth knowledge of chemical commodities, global supply markets, new technologies, supply landscape and pricing trends.

• Build and lead a pipeline of PPV/VAVE projects by conducting cross functional workshops throughout Videojet Technologies Inc. and help implement them.

• Develop and implement working capital turns improvement programs including payment terms extension, inventory reduction, lead time reduction, Consignment and 3PL

• Prepare and conduct RFQ/RFQ's and analyze quotes, including conducting e-auctions as needed. Conduct, analyze and perform cost break down analysis to support negotiations, to result in best overall cost and commercial terms.

• Provide support to manufacturing locations for supplier performance issues related to quality and delivery.

• Deliver measurable and auditable results in policy deployment targets and key performance indicators.

• Stay up to date with regulatory requirements.

Are you qualified?

• Minimum of 1-3 years in Procurement or Supply Chain Management.

• BS degree in Business Administration, Engineering, Supply Chain Management, or similar discipline

• Demonstrated project management experience.

• Financial acumen and demonstrated aptitude in analytics and decision-making.

• Ability to travel when required.

Are you…

Interested in working for an international and diverse company?

Interested in working for a company that is dedicated to safeguarding everyday essentials?

Interested in helping drive environmental and sustainability governance?

If so, read on!

Veralto's Product Quality and Innovation companies help our customers safeguard everyday essentials by protecting food supply chain, enabling the delivery of verified pharmaceuticals, and ensuring product quality, freshness, and consistency. You'll be joining a dynamic team!

Our Benefits:

• Comprehensive benefits package (medical, dental, vision & more) eligible on day 1 of employment

• Annual bonus as well as annual salary review

• Permissive paid time off policy emphasizing flexibility and trust

• Paid Holidays!

• Training and development opportunities

• 401K savings plan+ company match

• Tuition reimbursement

• Paid Parental Leave

• Veralto Wellbeing Program, with rewards

• Employee Assistance Program (legal, financial, and counselling resources)

Veralto Corporation and all Veralto Companies are committed to equal opportunity regardless of race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity, or other characteristics protected by law. We value diversity and the existence of similarities and differences, both visible and not, found in our workforce, workplace and throughout the markets we serve. Our associates, customers and shareholders contribute unique and different perspectives as a result of these diverse attributes.

The EEO posters are available here.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us at applyassistance@veralto.com to request accommodation.

US ONLY:

The below range reflects the range of possible compensation for this role at the time of this posting. We may ultimately pay more or less than the posted range. This range may be modified in the future. An associate's position within the salary range will be based on several factors, including, but not limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, any collective bargaining agreements, and business or organizational needs.

The compensation range for this role is $89,000 - $110,000 USD per year. This job is also eligible for Bonus Pay.

We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance and 401(k) to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

Veralto Corporation and all Veralto Companies are committed to equal opportunity regardless of race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity, or other characteristics protected by law. We value diversity and the existence of similarities and differences, both visible and not, found in our workforce, workplace and throughout the markets we serve. Our associates, customers and shareholders contribute unique and different perspectives as a result of these diverse attributes.

The EEO posters are available here.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us at applyassistance@veralto.com to request accommodation.

Unsolicited Assistance

We do not accept unsolicited assistance from any headhunters or recruitment firms for any of our job openings. All resumes or profiles submitted by search firms to any employee at any of the Veralto companies, in any form without a valid, signed search agreement in place for the specific position, approved by Talent Acquisition, will be deemed the sole property of Veralto and its companies. No fee will be paid in the event the candidate is hired by Veralto and its companies because of the unsolicited referral.