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Commodity Manager, Fasteners

Dana Corp
United States, Michigan, Novi
27870 Cabot Drive (Show on map)
Aug 19, 2026
Job Duties and Responsibilities

  • Directs the activities associated with the SCMG managed regional spend for the Fasteners commodity across Business Units.
  • Manages a large team with direct oversight for purchasing activities regionally for Fasteners.
  • Establishes and executes regional strategy forFasteners commodity.Aligns with and provides input to the global Fasteners strategy.
  • Responsible for identification and evaluation of global opportunities within the commodity for cost reduction, supplier rationalization, complexity reduction, supply chain optimization.
  • Manages contracts within the commodity category and reports the metrics associated with them.
  • Delivers continuous improvement in cost, process and services within the commodity category
  • Accountable to lead team to ensure collection of for requests for information or quote.
  • Generates recommendations based on Total Cost of Ownership comparisons.
  • Monitors and reports on activities associated withFasteners commodity.
  • Formulate annual business plans for achievement of cost reductions and year over year performance improvement.
  • Manages and negotiates supply agreements that require improvements in suppliers' cost, delivery, quality, order lead time, payment cycles, technology, and / or risk mitigation.
  • Initiates re-negotiation efforts well in advance of contract expiration, and monitors industry trends to anticipate opportune timing to lock in contracting advantages.
  • Leads team to obtain and analyzes quotes to determine best value, then recommends global sourcing solutions based on data and facts collected.
  • Monitors performance of the suppliers to ensure attainment of objectives in quality, delivery, service, and cost.
  • Coordinates and approves supplier selection and leads supplier transitions.
  • Monitors compliance with supplier contractual requirements.
  • Identifies opportunities for global leverage of volumes and purchasing power.
  • Ensure and monitor the results and contribution, of the commodity, to departmental and corporate objectives.
  • Presents special assignments results, project updates and such to Dana management as required.
  • 25% travel
  • All other duties as assigned

Education and Qualifications

  • Excellent communication skills, verbal and written.
  • Demonstratedleadershipexperienceand peoplemanagement skills.
  • 4-year degree in business or engineering required,MBA or MS in engineeringpreferred.
  • 5 - 7 years' progressive purchasing experience required


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