COMMODITY BUYER RESUME EXAMPLE

Published: July 30, 2024 - The Commodity Buyer assists in the identification and development of strategic sources for the assigned suppliers/commodities while managing relationships and optimizing suppliers' performance. This role involves implementing respective regional/global Sub-Commodity Strategy in close coordination with the Regional/Global Commodity Manager and serving as a Lead Buyer through contract management, price negotiations, and supplier development. The buyer also coordinates activities for supplier development within the regional/global commodity strategy, conducts regional price negotiations, and prepares for supplier business reviews and evaluations.

Tips for Commodity Buyer Skills and Responsibilities on a Resume

1. Commodity Buyer, Apex Manufacturing Solutions, Columbus, OH

Job Summary: 

  • Responsible for procurement, projects, and maintenance of assigned commodity groups
  • Creation and implementation of commodity group strategy within multi functional teams
  • Generate cost estimates and target costs for commodity group
  • Manage new supplier qualification
  • Manage the request for quote (RFQ) process and prepare sourcing decisions within the commodity group
  • Responsible for the preparation of data and analysis of relevant projects
  • Draft contracts and facilitate negotiations within the commodity group
  • Execute action items that are created as a result of the commodity group strategy
  • Supplier development (Q-meetings, audits, etc.) and performance tracking
  • Coordinate with users to develop specifications and requirements that can be communicated to suppliers
  • Evaluates vendors' capability, quality, reliability, and price competitiveness.
  • Identifies and researches suppliers to ensure that the organization's standards of price, quality, timing, and reliability of supply are met.


Skills on Resume: 

  • Commodity Strategy Development (Hard Skills)
  • Cost Estimation and Target Setting (Hard Skills)
  • Supplier Qualification Management (Hard Skills)
  • RFQ Process Management (Hard Skills)
  • Contract Drafting and Negotiation (Hard Skills)
  • Data Analysis and Reporting (Hard Skills)
  • Supplier Development and Performance Tracking (Hard Skills)
  • Specification Development and Coordination (Hard Skills)

2. Commodity Buyer, Silverline Industries, Springfield, IL

Job Summary: 

  • Develops a strategic plan for a commodity or a strategic supplier.
  • Providing strategic recommendations to all levels of management.
  • Responsible for leading projects to support strategic and continuous improvement initiatives.
  • Initiating and managing entire projects with significant scope and complexity.
  • Lead cross-functional teams and strategic initiatives.
  • Responsible for overall relationship with one or multiple strategic accounts across a given commodity. 
  • Leads sourcing process from RFQ to contract signature.
  • Ensures supplier or commodity is performing to the designed UTC requirements from delivery, quality, and cost perspective.
  • Sets negotiation terms for the procurement of goods, services, and supplies.
  • Executes commodity and strategic sourcing strategy while implementing supply chain strategies driving cost reduction.
  • Establish sourcing goals and acceptable service levels.
  • Negotiates and administers contracts with suppliers, vendors, and other representatives.
  • Analyzes price proposals, financial reports, and other data and information to determine reasonable prices.


Skills on Resume: 

  • Strategic Planning and Execution (Hard Skills)
  • Project Management (Hard Skills)
  • Cross-Functional Team Leadership (Soft Skills)
  • Supplier Relationship Management (Soft Skills)
  • Sourcing and Procurement Expertise (Hard Skills)
  • Cost and Performance Analysis (Hard Skills)
  • Negotiation Skills (Hard Skills)
  • Supply Chain Strategy Implementation (Hard Skills)

3. Commodity Buyer, Horizon Materials, Raleigh, NC

Job Summary: 

  • Drive sourcing process which includes launching RFQs, quote collection, analysis, sourcing decision
  • Drive negotiations and execute agreements with suppliers within assigned segment
  • Interface directly with suppliers and provide technical data and analysis once quotes are received
  • Drive efficiency across the supply chain
  • Drive all relevant activities to deliver on Quality, Delivery, Cost, Feature, Technology, Sustainability, and Risk Management targets
  • Monitor, identify, and mitigate risks in cooperation with the Supplier Quality and Development team
  • Perform daily purchasing activities related to production orders, logistics, and financial flows to the suppliers
  • Recommends through sourcing committees decisions logistic suppliers about cost, service quality, capacity and operational capabilities.
  • Studies and creates fuel surcharge mechanisms calculation based on market prices and cost benefits for the company.
  • Visit and audit logistics supplier’s facilities to qualify as new source assistance until resolution of operational claims, service quality and delivery problems.
  • Manage logistics pricing in SAP. 
  • Create a process to control and monitor pricing fluctuation in the system


Skills on Resume: 

  • Supplier Sourcing and Negotiation (Hard Skills)
  • Technical Data Analysis (Hard Skills)
  • Supply Chain Efficiency (Hard Skills)
  • Quality and Risk Management (Hard Skills)
  • Daily Purchasing and Logistics Management (Hard Skills)
  • Logistics Supplier Evaluation (Hard Skills)
  • Fuel Surcharge Calculation (Hard Skills)
  • Pricing Management in SAP (Hard Skills)

4. Commodity Buyer, Prime Components, Baton Rouge, LA

Job Summary: 

  • Responsible for working with the legal department to ensure the legal soundness of the contractual relationships between POIES and its supply base, within the scope assigned.
  • Proposes, gets approval, deploys and tracks the commodity strategy (together with the country supply chain managers)
  • Manages the supply base according to the strategy defined
  • Manage and update often the Business Plan.
  • Define with management an adequate number of suppliers according to the region's needs.
  • Responsible for market analysis and intelligence (benchmark, professional fairs, market trends, innovation...
  • Takes part or leads internal working groups for technical savings identification or problem-solving
  • Follows and reports the supplier’s performance and action plans.
  • Leads negotiation with the suppliers and internal customers
  • Responsible for working directly with CES Americas sites regarding all commercial supply chain subjects, sequencing operations, transportation, logistics providers, carriers, brokers, logistics claims, and warehousing, among others.
  • Work cooperatively with the supply chain group in optimizing logistics operations from packaging optimization, transportation and material flow to customer delivery.
  • Actively participate in RFQ’s activities for logistic services requirements for regular production and future programs.


Skills on Resume: 

  • Contract Management (Hard Skills)
  • Commodity Strategy Development (Hard Skills)
  • Supply Base Management (Hard Skills)
  • Market Analysis and Intelligence (Hard Skills)
  • Negotiation Skills (Soft Skills)
  • Performance Tracking and Reporting (Hard Skills)
  • Logistics and Supply Chain Optimization (Hard Skills)
  • RFQ Activities (Hard Skills)

5. Commodity Buyer, Vertex Supplies, Des Moines, IA

Job Summary: 

  • Define material prices for Commodity Groups
  • Contribute to the identification of material requirements, estimate the justified costs, provide the material procurement costs, prepare requests for offers to suppliers, compile contract packages, assess opportunities and risks in procurement and define the final parts lists for their responsible product groups, Verification of implementations and documentation
  • Documentation according to standards and project requirements
  • Support verification, assessment and homologation
  • Provide input to Regional Commodity Management regarding their business-specific procurement needs, the evaluation of supplier performance, the description of the supply base and the collection of past and future spending data
  • Manage contracts for risk management, claims, conflict resolutions, feedback and input into bids from lessons learnt.
  • Develop long-term supplier relationships through regular performance reviews and continually drive cost improvements.
  • Be responsible for delivering cost reduction targets and participating in Design cost initiatives.
  • Initiation and implementation of technical cost change measures in coordination with Engineering.
  • Support Technical Cost Change (TCC) funnel for Product Cost of Goods Sold (COGS) improvement, utilizing external and internal guidance, Purchasing initiatives and or commodity strategies to propose design changes for Technical Cost Reductions or supplier transfers. 
  • Possess general product and technology knowledge for related material groups.


Skills on Resume: 

  • Cost Estimation and Analysis (Hard Skills)
  • Supplier Management (Soft Skills)
  • Contract Management (Hard Skills)
  • Documentation and Verification (Hard Skills)
  • Technical Cost Change Management (Hard Skills)
  • Commodity and Supplier Performance Evaluation (Hard Skills)
  • Cost Reduction Initiatives (Hard Skills)
  • Product and Technology Knowledge (Hard Skills)

6. Commodity Buyer, Summit Resources, Boise, ID

Job Summary: 

  • Drive commodity savings, strategy and new program bid list.
  • Support supplier development to identify low-cost country sources of supply.
  • Solicit quotations from suppliers to support strategies and benchmarking.
  • Negotiate proposals and long-term agreements that achieve the least total cost.
  • Responsible for making sourcing decisions.
  • Improve commodity performance to key metrics using BOS processes to support continuous improvement related to quality, delivery, service and cost.
  • Market test alternative supply sources to provide Tenneco with improved competitiveness.
  • Direct supplier VA/VE ideas and development activity in alignment with Tenneco requirements.
  • Maintain compliance with GSCM policies and procedures.
  • Negotiate regional contracts and participate in global negotiations where applicable.
  • Issue and maintain purchase orders to local and global supply bases as authorized by the Commodity Manager.


Skills on Resume: 

  • Strategic Sourcing and Procurement (Hard Skills)
  • Supplier Development and Management (Hard Skills)
  • Quotation Solicitation and Benchmarking (Hard Skills)
  • Negotiation Skills (Soft Skills)
  • Continuous Improvement (BOS Processes) (Hard Skills)
  • Market Analysis and Competitiveness (Hard Skills)
  • Supplier Value Analysis/Value Engineering (VA/VE) (Hard Skills)
  • Compliance and Policy Adherence (Hard Skills)

7. Commodity Buyer, Evergreen Procurement, Salem, OR

Job Summary: 

  • Develop, negotiate, and implement strategies resulting in improved supply chain performance, enhanced product quality, innovative technology, and maximum value
  • Drive negotiations and executive agreements with a portfolio of suppliers
  • Contribute to segment business plan & be an active member in the global network of commodity buyers
  • Collaborate with other members of the global supply chain to successfully develop and execute global supply chain and technology strategies
  • Use Volvo Production System (VPS) toolbox to drive efficiency across the supply chain
  • Drive all relevant activities to deliver on Quality, Delivery, Cost, Feature, Technology, Sustainability, and Risk Management targets (QDCFTSR)
  • Monitor, identify, and mitigate risks in cooperation with the Supplier Quality & Development (SQ&D) team
  • Forecast cost evolution for the scope of responsibility
  • Manage and negotiate product/process changes during the production phase and after the production phase for Revenue segments
  • Perform daily purchasing activities related to production orders, logistics, and financial flows to the suppliers


Skills on Resume: 

  • Strategic Negotiation and Supplier Management (Hard Skills)
  • Supply Chain Performance Improvement (Hard Skills)
  • Global Commodity Buying and Networking (Soft Skills)
  • Global Supply Chain and Technology Strategy Execution (Hard Skills)
  • Application of Volvo Production System (VPS) (Hard Skills)
  • Comprehensive Performance Management (QDCFTSR) (Hard Skills)
  • Risk Identification and Mitigation (Hard Skills)
  • Cost Forecasting and Production Phase Management (Hard Skills)

8. Commodity Buyer, Riverfront Enterprises, Little Rock, AR

Job Summary: 

  • Early involvement in the project acquisition phase and design phase
  • Regularly review the related commodity strategy, and provide commodity/supplier strategy reports to the purchasing team to guide the sourcing and supplier development
  • In charge of RFQ, negotiation of the responsible commodities for new projects or localization projects. Implement the sourcing activities, and present the required document to the Sourcing Council (purchasing conference).
  • Responsible for contract
  • Coordinate to set up Scheduling Agreement of all 3rd party parts before SOP.
  • Support SQE to monitor the supplier OTS and PPAP timing to ensure no impact on project time.
  • Maintain the RFQ list and tooling payment list in time, in charge of EVF/NL management and another purchasing-related database.
  • Support global sourcing, RFQ to local suppliers, negotiation, etc.
  • Finish the purchasing report timely, and enhance the communication with HQ in Bochum.
  • Responsible for supplier annual price reduction plan and implementation.
  • Support SQE to follow up the quality claim.


Skills on Resume: 

  • Project Acquisition and Design Involvement (Hard Skills)
  • Commodity Strategy Management (Hard Skills)
  • RFQ and Negotiation Skills (Hard Skills)
  • Contract Management (Hard Skills)
  • Scheduling and Coordination (Hard Skills)
  • Supplier Quality and Performance Monitoring (Hard Skills)
  • Database and List Management (Hard Skills)
  • Global Sourcing and Communication (Soft Skills)

9. Strategic Commodity Buyer, Keystone Sourcing, Harrisburg, PA

Job Summary: 

  • Manages supply chain relationships and contracts with suppliers for the assigned commodities and suppliers
  • Develops and executes RFI, RFQ, and RFP requirements for the purchase of parts, equipment and services within assigned commodities and based on quality, price, lot size and delivery defined internally. 
  • Ensures requirements in terms of Cost, Quality, Delivery, service and Engineering are understood by the suppliers. Identifies and assesses the risks
  • Conducts market research to identify potential suppliers to meet company sourcing strategies/needs (commodity, program, volume, and timing), in line with the Safran Electrical Components Group Purchasing Policy and strategy, by performing initial Supplier assessments (risk, maturity, capability and capacity). 
  • Obtains information from suppliers concerning product and/or service specifications, price, delivery dates, etc
  • Contributes to the cost objective plan defined for the commodities of a group of suppliers assigned, and manages their productivity plan
  • Contributes to the Purchasing productivity plan (PMT)
  • Negotiate the Purchasing contracts with the support of the Supply Chain, Quality and Technical Departments and according to the Safran rules, apply the yearly plans
  • Supports Purchasing management in defining the Purchasing roadmaps by providing inputs and results on the commodities and suppliers managed
  • Ensures adherence to the company Supply Chain management policies, procedures and Purchasing best practices
  • Maintains a continuous supply of materials to avoid any disruptions in manufacturing and/or customer service, performing all work with a sense of urgency and timeliness.


Skills on Resume: 

  • Supplier Relationship Management (Soft Skills)
  • Contract Development and Execution (Hard Skills)
  • Risk Assessment and Management (Hard Skills)
  • Market Research and Supplier Identification (Hard Skills)
  • Cost Management and Productivity Planning (Hard Skills)
  • Negotiation Skills (Soft Skills)
  • Compliance with Purchasing Policies (Hard Skills)
  • Supply Chain Continuity (Hard Skills)

10. Commodity Buyer, Pioneer Materials, Sioux Falls, SD

Job Summary: 

  • Assist in the identification and development of strategic sources for the assigned suppliers/commodities. 
  • Manage relationships with all suppliers, resolve supplier issues and optimize suppliers' performance. 
  • Act as the liaison to the supplier and internal customers. 
  • Support general business activities and requirements of the specific functional groups.
  • Implement respective regional/global Sub-Commodity Strategy in close coordination with the Regional/Global Commodity Manager.
  • Serve as a Lead Buyer through contract management, price negotiations & supplier development. 
  • Conduct regional price negotiations for assigned suppliers including escalation management. 
  • Participate and coordinate supplier contract negotiations when requested.
  • Coordinate activities for supplier development within the regional/global commodity strategy, including the identification of suppliers, implementation, and monitoring of the supplier strategy in coordination with the Regional Commodity Manager/Global Commodity Manager.
  • Prepare and participate in Supplier business reviews, operations reviews, risk management and supplier evaluations including action plans.
  • Manage assigned supplier base by analyzing ongoing supplier performance (quality and logistics), including KPI monitoring, and development of performance improvement measures. 
  • Supports Operational Purchasing with escalations and implementation of preventive actions. 
  • Assist in planning and if required participates in supplier audits in coordination with SQE. 


Skills on Resume: 

  • Supplier Relationship Management (Soft Skills)
  • Contract Negotiation and Management (Hard Skills)
  • Strategic Sourcing (Hard Skills)
  • Supplier Development and Performance Evaluation (Hard Skills)
  • Price Negotiation (Hard Skills)
  • Liaison and Coordination (Soft Skills)
  • Risk Management and Issue Resolution (Soft Skills)
  • Audit and Compliance (Hard Skills)