About Purpose of Position: Commodity Specialist Jobs at Transnet

Position Purpose:
To provide commercial leadership in the commodity team that is responsible for the development and implementation of
commodity strategies and other initiatives in delivering the procurement savings target. Overall, the Specialist is responsible
for ensuring the continuity and security of supply of the right quality of commodities and services at competitive prices and at
minimal contractual risk. The incumbent in this role is required to:
• Conduct supplier commercial negotiations
• Run the tender process
• Establish supplier contracts
• Maintain and administer contracts pertaining to portfolio commodities
• Developing portfolio focused supplier industry key economic indicators and cost models

Transnet Commodity Specialist Job Requirements

Transnet Commodity Specialist job requirements are following:-

Qualifications & Experience:
Qualifications & Experience:
▪ A relevant Bachelor’s degree (technical, financial or commercial) is required (preferably in the field of supply chain
management), or CIPS Level 4;
▪ A post-graduate business or finance degree or similar would be an added advantage; and
▪ At least 5 -8 years supply management experience in a large organisation.
Competencies:
Knowledge:
▪ Sound knowledge of Supply Management / Procurement.
▪ Sound knowledge of best practice SM processes.
▪ Sound knowledge of systems, especially as enablers of Strategic Sourcing.
▪ Understanding of technical and operational requirements of a business including capital requirements.
▪ Knowledge of Transnet’ BBBEE targets
Skills Required:
▪ Strong negotiation and communication skills
▪ Ability to work under own initiative
▪ Assertive and patiently tenacious
▪ Planning and organising skills
▪ Report writing
▪ Conflict resolution skills
▪ Tact and courtesy
▪ Able to be firm but impartial when making decisions
▪ Resourceful
▪ Problem-solving skills
▪ Able to work as a part of a team
▪ Able to work independently
Competencies Required:
Anchoring the Transnet Way
▪ Is a conceptual and analytical thinker
▪ Is results focused
▪ Is courageous
▪ Is resilient
▪ Is emotionally intelligent
▪ Is an excellent communicator
Leading the Transnet Way
▪ Is visionary and inspiring
▪ Is strategic
▪ Is collaborative
▪ Is innovative and entrepreneurial
▪ Has impact and influence
▪ Is a change agent
Managing the Transnet Way
▪ Optimises business performance
▪ Manages finances
▪ Manages people & teams
▪ Delights customers

Commodity Specialist Job Responsibility for Transnet Job Vacancy

Position outputs:
1. Commodity strategy execution:
▪ Provide commercial leadership to the commodity team responsible for development and implementation of commodity
strategies and cost reduction initiatives;
▪ Identify key economic trends on portfolio covered supplier industry;
▪ Develop portfolio focused key supplier cost models and update regularly;
▪ Provide commercial leadership to commodity team and cross functional value team during the strategy development
process;
▪ Forecast consumption and usage as input to strategy development;
▪ Develop and maintain preferred vendor lists;
▪ Develop portfolio focused strategies and tactics for cost containment on strategic contractsImplement portfolio specific
commodity strategies;
▪ Measure portfolio TCO savings performance and supplier performance; and
▪ Monitor commodity strategy implementation from a commercial / contract point of view.
2. Tendering process administration:
▪ Design and administer the tender process;
▪ Obtain adjudication power sign-off;
▪ Undertake and commercial evaluation and adjudication of supplier bids and coordinates technical evaluation; and
▪ Agree supplier negotiation metrics with Commodity Manager and negotiates with successful tenderer in finalising all
contract terms and conditions.
3. Establish, manage and maintain portfolio strategic contracts:
▪ Manage price and scope changes, amendments and queries.
▪ Increase contract base by motivating for contract establishment.
▪ Pro-actively advise the Business Unit on inventory holding levels for commodities subject to statutory and / or other
contractual changes.
▪ Manage and monitor supplier performance against the following criteria, including:
– Delivery
– Product Quality
– SHE requirements
– ISO standards
– Responsiveness
– Partnering capability
– Consumption
– Payment
4. Commodity performance monitoring:
▪ Report on portfolio TCO and supplier performance as well as contract performance and efficiencies.
▪ Report on portfolio contract performance including:
– Contract spend and consumption
– Contract price escalation performance vs relevant price indices
– BEE spend
– Report on portfolio contract administration efficiency in line with annually agreed end-user service level agreements (SLAs),
including:
– New contract establishment lead times
– Price evaluations
– Amendments
– Resolution of queries
5. Compliance to policies, procedures and standards for risk management:
▪ Ensure compliance to relevant legislation and ensure contract management support in terms of archiving, contract price
adjustments and correspondence.
▪ Implement and monitor compliance on P2P controls framework. Monitor and control system access in terms of user profiles
and purchase groups for P2P.
▪ Implement and monitor Critical Financial Controls.
6. Stakeholder Management:
▪ Support the Commodity Manager.
▪ Build sound relationships with end-users, key suppliers and materials managers.
▪ Provide feedback on performance of value team members.
▪ Take responsibility for self-development